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.

Events can lead to business interruptions and production shutdowns without causing any property damage. This is a difficult risk management starting point. 
Since the outbreak of the Corona pandemic two years ago, disrupted supply chains have threatened the existence of many companies.
The EVER GIVEN shipping disaster at the Suez Canal has affected the entire world economy. An analysis by Prof. Sebastian Kummer illustrates the damage in its entirety
Over the past 20 years, spring frost events have become increasingly destructive to the fruit and berry production in the CEE region
Since the start of the war in Ukraine, fears of cyber-attacks due to parallel hybrid war are increasing. In this article we explain how the insurance industry is reacting and how the war clause affects conditions.
The war in Ukraine and economic sanctions against Russia have so far had a drastic impact on the insurance industry.
Even if the “passive war risk” is covered: the crucial question is whether insurance claims can be made locally in an area touched by war and which service can be provided by the insurer.
The dangers of war and strike are excluded in the “all risks” coverage, but they are usually included in the individual policies with additional clauses.
EU sanctions prohibit any direct or indirect economic interactions (prohibition of payment and provision of services) with listed persons, as well as with all companies in which a listed legal entity or natural person has an ownership interest of 50% or more.

Company News

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

The Annual report focuses on different aspects of our company and highlights our risk-based approach.
Our ESG strategy is an essential part of our corporate strategy. It reflects our vision, mission and values. Moreover, it highlights the importance of taking a forward-thinking sustainable approach.
“The acquisition of MAI is a strategic investment into a joint future.” An interview with our COO Ante Banovac 
In the latest edition of GrECo’s Food & Agri client magazine, FOODprint, we place our focus on a key challenge faced by this industry: the impacts of climate change
In our recent webinar “Climate Risks in Food & Agriculture: Compliance With New European Regulations, Risk Assessment, Mitigation and Alternative Risk Transfer” we shared information about the new EU regulations and requirements in the area.
Bessé, leading French insurance consulting firm, and GrECo, largest independent risk and insurance management advisor in Eastern Europe, announce the signature of an exclusive partnership agreement to extend the distribution of the parametric solution “Rapeseed Germination.”
In April 2023, we greet in our portfolio the company Extreme Vital, one of a largest specialized bike shop in Slovenia
In 2022, GrECo boosted revenues despite a very challenging trading environment.
We are excited to announce the release of the 2nd Horizon Risk Thought » Fast Forward publication!

Petra Steininger

Head of Group Communications

T +43 664 548 55 58