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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.

Europe - latest

bonus

Dutch insurers facing 20% bonus cap

The Dutch government is weighing measures on remuneration that could force insurers to limit bonuses to 20% of fixed salary for all employees.

Insurer | 28 Jul 2014

driving

58% of British drivers unsure of EEC coverage

Almost two-thirds of British drivers don’t know if they are covered to drive in the European Economic Community, or believe that they are not covered...

Insurer | 28 Jul 2014

Gatwick Airport planes taking off

Wreckage of crashed Air Algerie flight found

The wreckage of a crashed Air Algerie flight from Burkina Faso to Algiers was found over Mali yesterday.

Insurer | 25 Jul 2014

poland-july2013

Polish regulator KNF to look at conflicts of interest

The Polish regulator's focus on insurance is shaking up the sector, reports Iain Batty

Europe | 24 Jul 2014

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War risks market faces 'substantial rate increases' in wake of MH17 loss

The war risks market is likely to experience “substantial rate increases” following the total loss of Malaysia Airlines flight MH17, according to a...

Insurer | 24 Jul 2014

london-snow

First half catastrophe losses 19% below 10-year average

Insured catastrophe losses for the first half of 2014 were $22bn and around 19% below the 10-year average of $27bn according to catastrophe modelers Impact...

Claims | 24 Jul 2014

travelairport

One in five holidaymakers risk travelling uninsured

Travel insurance helps over 4,300 people every week, yet one in five holidaymakers risk traveling without it, according to new data from the Association...

Insurer | 23 Jul 2014

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Guy Carpenter appoints head of EMEA & international P&I

Guy Carpenter has appointed Simon Smith as head of international protection and indemnity as well as overseeing the Europe, Middle East and Asia region....

Insurer | 22 Jul 2014

The interior of the Lloyd's building in London

Atrium agrees to settle MH17 hull war loss

Atrium Syndicate 609 has confirmed it is the lead hull war policy insurer for Malaysia Airlines and has agreed to settle that aspect of the MH17 loss....

Malaysia | 21 Jul 2014

Aircraft wing

Countries responsible for airspace safety, says Eurocontrol

Eurocontrol, a Brussels-based air safety organisation for Europe, said individual countries are responsible for airspace restrictions.

Claims | 21 Jul 2014

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173 Dutch nationals thought dead on stricken Malaysian plane

Out of 283 passengers and 15 crew on board flight MH17, a crashed Malaysia Airlines Boeing 777, 173 were Dutch nationals according to reports.

Malaysia | 18 Jul 2014

Handshake

Cross-border mergers authorised between UK and Gibraltar insurers

The Gibraltar government today confirmed that it had received written confirmation from the UK Treasury, for Part VII transfers to go ahead.

Insurer | 17 Jul 2014

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Quest Partnership appointed to handle Balva liability claims

Liability adjuster The Quest Partnership has been appointed to handle liability claims following the failure of Latvian insurer Balva.

Latvia | 14 Jul 2014

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DLG reportedly in ‘advanced talks’ over German and Italian disposals

Direct Line Group is in advanced negotiations over the sale of its operations in Germany and Italy according a report from Reuters.

Insurer | 14 Jul 2014

FSCS

FSCS to protect 'most' of Balva's individual and SME policyholders

The Financial Services Compensation Scheme has said it will step in to help policyholders of Latvian insurer Balva.

Latvia | 11 Jul 2014

Comment

callum-brodie-post

News Editor's Comment: What next for the aviation sector?

In the space of just over four months, the previously soft aviation market has been sent spinning off course by a succession...

Interview

David Smith is Zurich interim UK general insurance CEO

Interview: David Smith: In safe hands

Time will tell whether David Smith’s spell as Zurich’s interim UK general insurance CEO becomes permanent but, at a firm...

View from the top

japanyokohama

C-Suite: Japanese risks

Japan's risks are varied with earthquakes the major hazard. Simon Wallington, based in Tokyo, explores the different kinds...

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Events

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Post Claims Club

03 Sep 2014 , London

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UK Broker Awards 2014

05 Sep 2014 , London

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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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