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Conservatives welcome creation of Euro super-regulator

The Conservatives have welcomed an agreement between the European Parliament and the Council of Ministers over the creation of three new European Supervisory...

Europe | 03 Sep 2010

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European super regulator could be in place by 2011 pending 7 September vote

EU authorities are to get tough new powers to settle disputes among national financial supervisors and to ban risky financial products and activities,...

Europe | 03 Sep 2010

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Omega Lloyd's managing agency boss Adie resigns

Omega Insurance Holdings has announced that Andrew Adie, managing director and a board member of its managing agency Omega Underwriting Agents, has resigned...

Lloyd's/London | 02 Sep 2010

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Fitch affirms Ageas ratings, and revises outlook to "stable"

Fitch Ratings has today affirmed AG Insurance's Insurer Financial Strength rating at 'A+' and Long-term Issuer Default Rating at 'A'.

Europe | 02 Sep 2010

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Catlin Europe names new liability underwriter

Catlin Europe has confirmed that Detlef Offenhau has joined the company as senior liability underwriter for Europe.

Europe | 02 Sep 2010

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HDI-Gerling enters Irish market

Industrial insurance company HDI-Gerling is to create a new branch in Ireland.

Europe | 02 Sep 2010

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Nordic insurers to return to growth in 2010-2011 but volatility remains

The Nordic insurance market, covering Norway, Sweden, Finland and Denmark, should return to growth in 2010-2011, according to a report by Fitch Ratings....

Europe | 02 Sep 2010

mike smith provident

MGA Ink to target small solicitor firms with new PI facility

Ink Underwriting Agencies and St Giles Legal and Professional Risks have joined forces to target what they describe as the "troubled solicitors insurance...

Commercial | 02 Sep 2010

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Coface returns to profit in H1 2010

The credit insurer has recorded an operating profit of €55m compared to -€47m in the second half of 2009 and -€202m in the first half of 2009.

Insurer | 01 Sep 2010

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Moody's European insurers' H1 2010 results show stabilisation of capital and earnings but conditions remain challenging

Moody's report "European Insurers' H1 2010 Results: Capital and Earnings Stabilise, but Market Conditions Remain Challenging", assesses the impact of...

Europe | 01 Sep 2010

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Allianz aims for €120m target with new Madrid corporate base

Allianz Global Corporate & Specialty, the insurance group's dedicated carrier for large corporate insurance customers, is opening a branch office in Madrid....

Europe | 01 Sep 2010

Peter Harmer Aon

QBE brands CEO replacement speculation as "completely false"

QBE has branded speculation that it has lined up an external successor for its CEO Frank O'Halloran as "completely false".

Insurer | 01 Sep 2010

Gateway of India

UK-Indian traing relations: A passage to India

The UK has long looked at India as a trading partner, especially its outsourcing sector. Following a recent visit by a delegation led by the Prime Minister,...

Insurer | 01 Sep 2010 secure

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BIS Countdown - Mike Morrisey: The international agenda

The International Insurance Society claims to be the largest multinational organisation of its kind, with almost 1000 members from more than 90 countries....

Regulation | 01 Sep 2010

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Interview - Ken MacDonald: Keeping it simple

As former chief exec of Aon Global UK, Ken MacDonald has been refreshed by a return to a private company. Lynn Rouse talks to Miller's head of corporate...

Broker | 01 Sep 2010 secure

Quote of the week

I find it surprising that people want to spend £100 000 buying a Japanese car, but would be worried talking to someone in India about a component of a £100 insurance policy. q

John Hodgson, operations and change director, Aviva

Comment

Jonathan Swift

BIA offers women hope

Research released this week by the Chartered Management Institute to mark the 40th anniversary of The Equal Pay Act 1970...

Interview

macdonald-ken-miller

Interview - Ken MacDonald: Keeping it simple

As former chief exec of Aon Global UK, Ken MacDonald has been refreshed by a return to a private company. Lynn Rouse talks...

View from the top

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View from the top: Time to share fraud data

Industry fraud statistics are normally presented as a good news story. Last year, insurers stopped 122 000 frauds, preventing...

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