GrECo Group Specialist Insurance and Risk Management News and Insights

Latest News & Insights

Industry Insights

Our Industry Specialists offer market insights and analyses about new developments in the insurance industry.

The premiums in corporate property insurance are currently rising in all industries and loss-affected insurance contracts and types of establishments that are classified as critical, such as the timber industry and recycling companies, are especially hard hit by the consequences.
Jonathan Höh from the global network of GrECo nova insurance specialists spoke with pan-African insurance broker OLEA about the conditions in and peculiarities of that fast growing – but largely unstable – region.
Parametric insurance has been around since 1990s although the reinsurance industry has been using the parametric structures with catastrophe bonds for more than 30 years
With the target of making Europe climate-neutral by 2050 the European Union is publishing some regulations with direct impact on the products of the financial market.
While we’re all still dealing with the effects of the COVID-19 crisis, the next shutdown could be just around the corner. Experts predict that a so-called blackout will occur within the next five years.
New cyber threats are evolving almost every day along with insurance concepts.
Cyber criminality can take on a number of forms – but one aspect always remains constant: the criminal energy of the attackers!
Number of successful cyber attacks is on the rise, which is also due to the increasingly sophisticated methods and the more aggressive behaviour of the attackers.
The prediction that companies are affected by cyber attacks worldwide every 14 seconds was made in 2017. However, the actual intervals were a lot shorter in October 2019.

Company News

Read about new developments, initiatives and business decisions in the GrECo Group.

The Chamber of Insurance Brokers of Lithuania has announced a new Security Contribution Law, introducing obligations for foreign insurers operating in Lithuania.
The discussions featured contributions from GrECo Croatia’s leadership and international specialists, reinforcing GrECo’s commitment to turning risks into opportunities.
GrECo Group is proud to announce that it has been recognised as the “Best Partner of MOI Insurance Broker LLP”, a prestigious accolade awarded during MOI’s 20th anniversary celebration.
We are excited to announce the release of the 5th Horizon Risk Thought » Fast Forward publication!
The new marine entity will operate as a Marine Specialty Branch under GrECo Specialty GmbH.
For many years we have been refraining from giving Christmas presents to our clients and partners and instead are supporting projects within our GrECo Foundation.
We’re happy to introduce the GrECo Risk & Insurance Navigator; our new report for navigating today’s complex risk landscape.
Strategic acquisition strengthens GrECo’s position in Slovenia and enhances service capabilities in key industries
Iute Macedonia – part of the Estonian Iute group, launched the first fully digital insurance brokerage service in cooperation with Uniqa Life, Allianz Partners and GrECo Macedonia

Petra Steininger

Head of Group Communications

T +43 664 548 55 58