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Insight, analysis and breaking news from across the European insurance, broking and risk management sectors, covering major players such as Allianz, Axa, Generali, Lloyd's, Mapfre, Munich Re and Swiss Re, and territories like France, Germany, Italy, Spain, Scandinavia and Russia.

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CMC launches global insurance consultancy

CMC Insurance, a global consultancy aiming to rival the big four in the insurance and reinsurance space, has been launched by the team behind banking consultancy...

Insurer | 17 Apr 2014

Woman buys food in a supermarket

Europe: International Product Recall

Food contamination issues can be extremely serious - and even if it happens in a country many thousands of miles away, news travels fast, which could mean...

Insurer | 17 Apr 2014

julia-graham-ferma

Ferma prepares to launch benchmarking survey

The Federation of European Risk Management Associations will launch its benchmarking survey on Tuesday 22 April in the UK and 19 other European countries....

Insurer | 17 Apr 2014

Stephen Hester

RSA to dispose of Polish and Baltic operations

RSA is selling its businesses in the Baltics and Poland for £300m – a move which will add around £200m to the insurer’s net assets.

Insurer | 17 Apr 2014

Italian flag

Aviva simplifies Italian life joint ventures

Aviva has reached an agreement with UBI Banca and Unicredit to restructure its life joint ventures in Italy.

Insurer | 16 Apr 2014

money-hand-invest

C-Suite Europe: Insurers and banks - an important distinction

You will be familiar with the expression: "If it looks like a duck, swims like duck, and quacks like duck, it probably IS a duck."

Insurer | 14 Apr 2014

A view of the Eiffel Tower in Paris France

Marsh France COO Cipiere to lead RSA's French business

RSA has appointed Marsh France chief operating officer Corinne Cipiere as its new managing director in France.

Insurer | 11 Apr 2014

aart

BGL follows Les Furet with Hoy Hoy for Dutch market

BGL Group has rebranded its price comparison business in the Netherlands as Hoy Hoy.

Netherlands | 11 Apr 2014

Cross border tax evasion

Cross-border insurance: a new opportunity?

As prudential regulation across Europe is set to become unified with the planned implementation of Solvency II, Katie Marriner looks at how the likelihood...

Insurer | 10 Apr 2014

Turkey map

Guy Carpenter appoints Utkueri to head Turkish operations

Guy Carpenter & Company has appointed Okan Utkueri as managing director and head of the broker’s Turkish operations as it seeks to expand its presence...

Turkey | 10 Apr 2014

European Union red tape

UK among most SII ready but Pillar 3 presents 'major challenge'

Nearly 80% of European insurers expect to meet Solvency II requirements before January 2016 with Dutch, UK and Nordic firms outstripping their French,...

Insurer | 10 Apr 2014

Catastrophe image

$7bn of insured natural disaster losses in Q1 2014

Insurers had to pay out $7bn in insured losses caused by natural disasters in the first quarter of the year according to catastrophe modeller Impact Forecasting....

Insurer | 10 Apr 2014

europepins

Insurers sought to back new aggregator targeting UK’s Eastern Europeans

Broker targeting same demographic could follow launch of Global Market Compare

Insurer | 09 Apr 2014

Judge's gavel

Hip replacement ruling 'should deter forum shopping'

Product liability insurers have received a boost after a judge ruled that non EU claimants have no right to sue manufacturers under the consumer protection...

Insurer | 08 Apr 2014

A J Gallagher chief executive Patrick Gallagher

Gallagher buys Wesfarmers broking division for A$1.1bn

International insurance broker Arther J Gallagher & Co. has bought Wesfarmers insurance broking operations based in Australia, New Zealand and the UK for...

Broker | 07 Apr 2014

Comment

callum-brodie-post

Editor's comment: A tough act to follow

As clichés about getting on in the world go, ‘it’s not what you know, it’s who you know’ is about as well-worn as it gets...

Interview

adrian-colosso-2014-intervi

Interview – Adrian Colosso: silencing the doubters

Back in broking action as CEO of Howden, Adrian Colosso makes it clear he thrives on proving people wrong – and tells...

View from the top

Phil Barton

C Suite - Broker: Universality challenge

The basic principle that underpins insurance is that of pooling of risk.

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Restore your profit per case: Coping with the Jackson reforms

The Jackson Reforms have taken effect, and some predictions for the claimant solicitor world are decidedly grim. The reforms call for increased settlement speed and new, lower fixed fees, compressing solicitor profitability substantially.

second-floor

Getting Ready for Solvency II – Two Key Actions for European Insurers

EIOPA has published its final guidelines for the phasing-in of the Solvency II regime, with the regulations announced to come into force on 1st January 2016. Prior to that date, European insurers have two other deadlines to meet a pre-application to the relevant regulator must be submitted in or around September 2014; and a full application to the relevant regulator must be submitted by 1st June 2015

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