Global insurance trends

Formal Go-Ahead For NN Group-MetLife Deal

NN Group announced recently that it has obtained competition clearance from the European Commission to acquire MetLife’s business activities in Poland and Greece. The intended acquisition was announced on 5 July 2021. The acquisition will […]

Insurance Regulation

New Reporting Standards on Biodiversity Are Being Worked Out

One for specialist insurers active in environmental protection and construction projects; The European Financial Reporting Advisory Group (EFRAG) and GRI have joined forces on the technical work for their respective new biodiversity standards. EFRAG is […]

Global insurance trends

Need to Know More About Eastern Europe? Atradius Are On It

The Atradius Payment Practices Barometer Survey Results for Eastern Europe paint a promising picture of businesses that have maintained the status-quo, despite the challenges faced during the second year of the pandemic. Key metrics, including […]

Global insurance trends

NN Group Completes on Heinenoord Deal

Today NN Group announces the completion of its acquisition of a 70% stake in Dutch insurance broker and service provider Heinenoord, as per 14 October. The completion of the transaction follows the fulfilment of customary […]

Insurance claims

Sharing Is Caring For Flanders Govt & Insurers

The Flemish Government, together with the insurers, will reimburse every Fleming 100% for the damage suffered as a result of the flooding. The Flemish Disaster Fund is allocating a maximum of 79 million euros for this. In […]

Global insurance trends

Verlingue Consolidates Brands Across Europe

Verlingue, the Adelaïde Group’s insurance brokerage subsidiary, which has operations in France, the UK, Switzerland and Portugal, reasserts its objective of becoming a leading European broker by establishing its brand in Europe. After the successful launch […]

cyber insurance

Sontiq Teams Up With Unive on Cyber Offer

Sontiq, the leader in Intelligent Identity Security (IIS), and Univé, a large insurer in the Netherlands, have partnered to provide 1.1 million Univé members with immediate access to cyber insurance and cybercrime services through Sontiq’s Cyberscout product. Designed help its members protect […]

News

Snapshot of European Insurance Deals & Mergers

Europe’s insurance industry saw a rise of 42.2% in overall deal activity during Q4 2020, when compared to the four-quarter average, according to GlobalData’s deals database. A total of 64 deals worth $3.7bn were announced […]