
Europe
We provide extensive on Europe's major re/insurers

NSM broadens European presence with acquisition of Acquis in UK
Managing general agent NSM's new acquisition Acquis provides insurance solutions for the asset financing and leasing industry

Stockwatch: SiriusPoint rallies on Fitch outlook revision
Bermuda-based carrier gains 7.9% this week after stable rating, as Beazley rises for second week running

London market carriers target sustainable energy growth in 2023
Survey of Lloyd’s syndicates and company market insurers finds eight in 10 carriers are planning growth in the sustainable energy class of as much as 25% this year

AM Best withdraws credit ratings of Zurich's Ireland subsidiary
Subsidiary has transferred most of its UK general insurance business portfolio to a branch of Zurich Insurance Company

Gallagher launches in Sweden
Launch follows the integration and rebranding of the international broker’s three owned Swedish businesses: Brim, Nordic and Proinova

Legal Focus: New Building Safety Act will have an impact on professional indemnity cover
The legislation, which is expected to come into force by October 2023, imposes greater obligations on designers, contractors and building control bodies and will have implications for their insurance cover

Legal Focus: Challenging times for M&A transactions across Europe
Material adverse change clauses remain unpopular in European deals, but the frequency of earnouts has continued to rise

Canopius cuts full-year COR to 93.6%
Global specialty re/insurer reports strong underwriting performance in 2022 in the wake of its transformation programme, but investment results hurt the bottom line

Pen Underwriting plans IP push with Alsegard hire
MGA hires Gallagher director to develop a portfolio of intellectual property insurance products

Data Council approves new versions of Core Data Record and Market Reform Contract
Publication is 'another important milestone' in the London market's digital transformation, Data Council chair, Sheila Cameron, says

Richard Turner quits Victor for job at West of England
High-profile former Iumi president jumps ship in switch to protection and indemnity

Swiss Re chairman Ermotti to step down
Former investment banker reprises his role at the helm of UBS to steer its takeover of Credit Suisse
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