INNOVA joins EU-backed HARD2SCALE project to scale deep-tech for industry
INNOVA joined the EU-funded HARD2SCALE initiative to support scaling deep-tech solutions for energy-intensive and hard-to-abate industries across Europe
🇪🇺 Europe Insurance News
Ebantic restructures operations into four units focused on industry, media, AI
Ebantic launched four business units – Industry, Media, Consultancy, and Lab – reorganising its technology services around industrial software, digital media, AI, and innovation
Ex Nunc Intelligence raises €1.8 mn pre-Seed to build legal AI infrastructure
Oversubscribed round backs Lausanne LegalTech startup positioning Silex as a foundational layer for trusted legal intelligence in Europe
FluoSphera raises €1.23 mn to push multi-tissue drug discovery beyond animal models
The Geneva spin-off is scaling its patented human-relevant platform as pharma looks for faster, safer preclinical validation
Nuclera adds $12 mn to Series C as investors back AI-ready protein platforms
Cambridge-based biotech lifts total Series C to €74 mn, expanding antibody expression and validation inside its benchtop discovery system.
Zurich Insurance Asia Pacific launches Edge Assist to boost digital insurance
Zurich Insurance Asia Pacific debuts Edge Assist, a unified digital platform enhancing sales, service, and claims for agents and customers across markets
Erste Group sells €10 bn SRT to insurers to fund Santander Poland deal
Erste Group transfers risk on €10bn of loans to insurers, freeing capital as it closes a €7bn stake purchase in Santander Bank Polska
BioTech Engitix lands €21 mn extension to push ECM cancer therapies
London-based Engitix secures a €21mn Series A extension to advance ECM-targeted oncology and fibrosis drug programs
MedTech FineHeart raised €35mn Series C and €48 mn in EU grants
French MedTech FineHeart raises €35mn Series C and €48mn in EU grants to scale its FlowMaker device for advanced heart failure
MilTech NanoXplore raised €20 mn to push defence chips and EU sovereignty
French chipmaker NanoXplore secures €20 mn from MBDA and Bpifrance to expand into defence electronics and reinforce Europe’s ITAR-free supply chain
Startup Alvotech secures €100 mn term loan to fund 2026 execution
Reykjavík-based Alvotech raises a €100 mn senior term loan led by GoldenTree, boosting liquidity and replacing its prior working capital facility
SaaS startup MotorK raises extra €3 mn debt from Atempo to bolster balance sheet
Milan-based MotorK secures an additional €3 mn tranche from Atempo Growth, extending existing debt to support liquidity and corporate needs
European reinsurers hit a wall after years of outperformance
European reinsurers lost momentum in 2025, with softer pricing, FX pressure, and capped earnings growth setting a tougher 2026
Italy fines Ryanair €256 mn over alleged abuse of travel agencies
Italy’s antitrust authority fines Ryanair €256mn, accusing the airline of blocking agency bookings and restricting competition. Ryanair plans to appeal.
Insurtech Enzo raises €4 mn Seed extension to scale AI water damage tech
Heidelberg-based Enzo secures €4mn in new Seed funding to expand its AI-driven water damage prevention platform and insurer partnerships
Getlink secures €55 mn insurance payout for ElecLink outage
Getlink agrees €55mn insurance settlement covering ElecLink losses after a 2024–2025 shutdown of the Channel Tunnel power interconnector
German life insurance sector run-off deals to accelerate in 2026 – Fitch
Fitch expects faster consolidation in German life insurance as closed-book sales rise, with up to EUR25bn in run-off transactions possible
Munich Re and KfW launch state-backed cover for geothermal drilling
Munich Re and KfW introduce a state-backed insurance scheme to reduce geothermal drilling risk and unlock private investment in Germany’s clean heat sector
Exein raises €100 mn as embedded cyber security spreads across devices
Exein secures €100 mn in new funding, lifting 2025 total to €170 mn, as demand grows for embedded cybersecurity in connected devices worldwide
Global M&A activity continued despite a broader global slowdown in 2025
European and Asia Pacific dealmakers outperformed global peers in the first half of 2025, as M&A activity continued despite a broader global slowdown and persistent market uncertainty
Toyota launches brand-only motor insurance for Ireland drivers
Toyota enters the Irish insurance market with exclusive cover for Toyota and Lexus drivers, partnering with Wrisk Europe amid weak competition.
German insurers propose Elementar Re catastrophe backstop scheme
Germany’s insurers unveil Elementar Re, a government-backed reinsurance backstop aimed at keeping high-risk homes insurable as climate losses rise
Fitch sets neutral 2026 outlook for global insurance sector
Fitch Ratings assigns a neutral 2026 outlook for global insurance, citing resilience overall but weaker margins in reinsurance, London Market, and US Health
Orange Poland with insurtech bolttech launches telco-led insurance platform
Orange Poland rolls out “Insure with Orange”, a digital insurance comparison platform built with bolttech, offering motor and home cover in minutes
Munich Re targets €6.3 bn profit in 2026 under Ambition 2030
Munich Re expects ROE above 18%, EPS growth over 8%, and €6.3 bn IFRS net profit in 2026 as part of its Ambition 2030 plan
J.P. Morgan sees softer pricing cycle for European P&C insurance in 2026
J.P. Morgan expects easing property cat reinsurance rates and weaker pricing momentum across European P&C through 2026
Experian warns of AI-driven cyber risks in 2026 breach forecast
Experian’s 2026 Data Breach Forecast points to AI-powered attacks, quantum risk, and rising identity fraud as cyber threats grow faster and smarter
Cloudflare report shows AI bots driving traffic surge
Cloudflare data shows a 19% traffic jump, AI crawler dominance, post-quantum crypto growth, and rising attacks on civil society sites
Germany blames Russia for Bundestag cyberattack as US breach hits 5.6 mn
Berlin accuses Russia of a cyberattack on parliament during Zelenskyy’s visit, as a US credit firm confirms a breach affecting 5.6 mn people
ICIEC approved €135 mn in insurance for Turkiye’s KIAD railway
ICIEC approved €135 mn in insurance for Turkiye’s KIAD railway, supporting murabaha financing and boosting Asia–Europe rail connectivity
Swiss Re, RIQ team up on AI-driven reinsurance platform in UAE
Swiss Re and Abu Dhabi-based RIQ sign an MoU to develop AI-native reinsurance capacity and risk solutions across the UAE market
La Niña returns, driving floods, snowstorms, and rising global losses
A renewed La Niña is fueling floods in Asia, early US snowstorms, and mounting economic losses, with insurers and commodity markets bracing for impact
US senators press Trump administration on bird flu vaccine plan
Bipartisan senators urge the Trump administration to finalize a science-based bird flu vaccine plan for livestock amid rising outbreaks
Helvetia gets Spain’s approval to merge Seguros and Suizo into Caser
Spain clears Helvetia’s plan to fold Seguros and Suizo into Caser, creating a top-10 insurer with 2.5mn customers and both brands running through 2027
Swiss Re sets $4.5 bn 2026 profit target and sharpens AI-driven strategy
Swiss Re outlines a $4.5bn 2026 target, lifts L&H Re goals, deepens AI use, and plans a $500mn annual buyback alongside steady dividend growth
Nicole Pieterse becomes Swiss Re’s Chief People Officer
Swiss Re announced that Nicole Pieterse, currently Swiss Re’s Head Human Resources for Property & Casualty Reinsurance (P&C Re), will become Chief People Officer
ICEYE adds five SAR satellites to boost catastrophe insight for insurers
ICEYE launches five new SAR satellites on SpaceX’s Transporter-15 to expand rapid, high-resolution imaging for insurers and government missions
Insurtech Neutrinos unveils venture studio and global “Reimagining Risk” challenge
Neutrinos launches a venture studio and a global risk-focused startup challenge to speed AI-native innovation for insurers and financial institutions
Insurtech Liablix raised €1.2 mn to scale automated motor-claims analysis tech
Liablix secures €1.2 mn pre-seed to expand its AI-driven motor-claims platform built for insurers seeking accuracy, speed, and fraud reduction
LifeSearch launches UK’s first fully digital in-journey life insurance trust
LifeSearch adds a digital trust engine to its online life insurance journey, aiming to place most policies in trust and close a major protection gap
Humbrela secured €161 k to scale AI platform unifying insurance data
Swiss startup Humbrela raises €161k to enhance its AI platform that consolidates insurance and warranty data for brokers, MGAs and wholesalers.
European reinsurers pivot toward steadier earnings – J.P. Morgan
J.P. Morgan sees European reinsurers using mild catastrophe losses to build reserves, temper upside, and push the sector toward more stable results
Lloyd’s Europe to introduce Reinsurance Collateral Deposit from 2026
Lloyd’s Europe plans to roll out a Reinsurance Collateral Deposit starting Jan. 1, 2026 for the 2026 Year of Account and beyond
Zurich teams with Quantexa to boost real time fraud detection in UK
Zurich becomes the first UK insurer to deploy Quantexa’s AI platform, pushing real time fraud detection across multiple business lines
Rail sabotage in Poland raises insurers’ fears over Europe’s infrastructure
A blast on a key Polish rail corridor sparks security worries and signals rising insurer exposure as Europe’s logistics network faces hybrid threats
Insurtech Laka secured £6.5 mn debt facility to accelerate European green mobility push
Laka adds £6.5m from HSBC Innovation Banking to drive EU expansion, M&A activity and leadership in the fast growing micromobility insurance market
CERPRO raises €2 mn to speed up QA with AI driven technical drawing software
German startup CERPRO lands €2mn to scale QualiSpec, its AI tool that automates inspection planning and modernises QA for complex manufacturers
Swiss Re reports a net income of $4 bn for the 9M 2025
Swiss Re lifts Q3 net income to $1.43bn, accelerates L/H fixes, and stays bullish on 2025 despite noisy portfolios and tougher pricing
Insurtech Radity partners with Bridger to build next-gen insurance platform
Swiss InsurTech Radity teams with Bridger Insurance to launch a next-gen digital distribution platform, streamlining auto insurance operations and agent workflows
Fitch warns Solvency II capital cuts may weaken EU insurers’ credit
Fitch says EU plans to ease Solvency II rules could raise insurers’ risk-taking and understate spread risk, posing mild pressure on credit quality
Munich Re posts strong Q3 results, confirms €6 bn 2025 full-year target
Munich Re reports €1.997 bn Q3 profit and €5.176 bn nine-month result, reaffirming €6 bn 2025 target as P&C delivers record margins and low loss ratios
Munich Re to close venture arm, shift investments under MEAG unit
Munich Re will close its venture capital arm and move startup investments to asset manager MEAG as it centralizes innovation within core business units
Fitch sees top global reinsurers sustaining strong P&C results in 2025
Fitch sees top global reinsurers sustaining strong P&C results, but pricing pressure looms as 2026 renewals approach and profitability questions mount
European reinsurers over-capitalised ahead of 1/1 renewals, pressure builds
European reinsurers walk into the 1/1 reinsurance renewal season with capital levels stacked way above their own targets
Munich Re outlines Europe’s Nat Cat and cyber exposures, rising reinsurance demand
Munich Re outlines Europe’s Nat Cat and cyber exposures, rising reinsurance demand, and the need for differentiated approaches in complex global programs
S&P upgrades Vienna Insurance Group outlook to positive on CEE growth
S&P raised VIG and VIG RE outlooks to positive, citing stronger diversification, CEE earnings growth, and the planned NUERNBERGER acquisition in Germany
Swiss Re pauses new life insurance deals in Australia as TPD claims soar
Swiss Re halts new business in Australia, citing unsustainable TPD insurance costs, with $1.43bn mental health claims in 2024 straining the financial system
Allianz reshapes Commercial Board with new market and distribution leaders
Allianz Commercial appoints Jeremy Sharpe and Christian Sandric to Board roles from Jan 2026, strengthening broker, client, and regional market focus
Insurers press EU for simpler sustainability reporting under CSRD
Insurance Europe and CFO Forum urge EU to ease sustainability reporting, citing complex double materiality, litigation risks, and GHG disclosure burdens
Vienna Insurance Group acquires Nürnberger in €1.38 bn deal with major backer support
VIG launches €120-per-share offer for Nürnberger valued at €1.38bn, with 64% of shareholders pledging support ahead of regulatory review
Global insurance M&A stabilised, as insurers and brokers took a more strategic approach to acquisitions amid falling interest rates and a realignment of strategic priorities
Insurance brokers push debt-financed acquisitions amid slowing growth, Fitch warns credit risks rise but strong cash flow keeps leverage tolerable
Major deals have led global M&A activity in 2024, showing increasing confidence among dealmakers despite geopolitical and economic challenges
Deloitte presents new trends in insurance mergers and acquisitions for 2024-2025, focusing on how economic, regulatory, and strategic factors might shape the future.