Dutch market News

Howden Acquires Dutch Broker VLC & Partners

Howden, the London-based global insurance group, announced the acquisition of VLC & Partners Holding B.V., one of the largest independent insurance brokers in the Netherlands. Financial details of the transaction were not disclosed. The business is currently under the ownership …

Ardonagh Acquires Dutch Insurance Broker Klap from Nedvest

The Ardonagh Group announced it has agreed to acquire Klap Verzekeringsmakelaar, a specialist commercial lines insurance broker based in The Netherlands, from family office, Nedvest. Financial details of the deal were not disclosed. Under the leadership of Klap CEO Jorg …

People Moves: Sompo Int’l Taps Berkshire’s Crozier for UK Casualty; AXA XL Re Promotes Abend for Bermuda Property; Gallagher Re Names Senior Leaders in Holland

This edition of International People Moves details appointments at Sompo International, AXA XL Reinsurance and Gallagher Re. A summary of these new hires follows here. Sompo Int’l Taps Berkshire’s Crozier for UK Retail Casualty Sompo International Holdings Ltd., a global …

Dutch Court Denies RWE and Uniper Compensation for Closure of Coal-Fired Plants

The Dutch state does not have to compensate German energy suppliers RWE and Uniper for the decision to close coal-fired energy plants in the Netherlands by 2030, a Dutch court ruled on Wednesday. RWE owns two of the current four …

Dutch Government to End Credit Insurance for Fossil Fuel Exports

The Dutch government on Thursday said it intends to stop giving companies and banks credit insurance for exports in the fossil fuel sector as of Jan. 1, following through on a pledge made at the COP-26 climate conference in Glasgow. …

QBE Opens Dutch Branch as Part of Europe Expansion Plans; 5 Senior Hires Announced

QBE said it will begin writing business in the Netherlands, incepting from January 2023, now that it has received regulatory approval from the DNB (De Nederlandsche Bank). The company first announced its plans to launch a Dutch branch in June …

Ardonagh Europe Completes Acquisition of Dutch Broker Léons Group

Ardonagh Europe Ltd., a subsidiary of The Ardonagh Group, announced that it has completed the acquisition of Léons Group, an independent family-owned insurance brokerage and consultancy firm in the Netherlands. Headquartered in Amsterdam and founded in 1951 by Max Léons, …

Dutch Buildings Built on Wooden Piles Are Sinking After Drought Cuts Groundwater

Inside Amsterdam’s Rijksmuseum, Rembrandt’s masterpiece The Night Watch appears to be hanging straight, as do other famous works by Vermeer and Van Gogh. While standing outside the gargantuan red-brick building, however, eagle-eyed engineers noticed the museum was sinking 15 centimeters …

Ardonagh Europe to Acquire Léons Group in the Netherlands

Ardonagh Europe Ltd., the Dublin-based subsidiary of The Ardonagh Group, announced it has agreed to acquire Léons Group, an independent family-owned insurance brokerage and consultancy firm in the Netherlands. Headquartered in Amsterdam and founded in 1951 by Max Léons, Léons …

QBE to Open Branch in Netherlands

QBE has announced plans to set up a branch in the Netherlands as part of its European expansion plans. Recruitment is underway to fill a number of key roles for the Netherlands branch, across underwriting, claims, operations and finance, with …