International law firm Chadbourne & Parke has promoted two staff to the newly created position of Europe, Middle East and Asia liaison partner.
Austrian insurers face a challenging domestic market but should benefit from their strength in Central Eastern and South-Eastern Europe, Fitch said.
Generali Group has completed the purchase from PPF Group of the first tranche of shares in its Central and Eastern Europe joint venture Generali PPF Holding.
Slovenia's Securities Market Agency yesterday suspended the voting rights of several state-owned shareholders in insurer Zavarovalnica Triglav, until they launch a takeover bid or divest their shares.
Bulgaria faces political and constitutional crisis after the resignation of the country’s Prime Minister, according to analysts.
Italian insurer Generali posted 37.3% growth in net profit to €1,133m in the first nine months of 2012, driven by progress in production and strong growth in the life operating result.
Organisations in central and eastern Europe and additional emerging markets are keen to take advantage of risk management and risk financing solutions such as captive insurance companies, according to Aon Global Risk Consulting.
Ukranina insurer Lemma's financial strength rating has dropped to 'B' (fair) from 'B+' (good), reflecting economic deterioration and political uncertainty in its core Ukrainian market.
Groupama has agreed to sell its Polish operation Proama to Generali PPF Holding, a joint venture between Italy-based Generali and central European investment group PPF.
Vienna Insurance Group is eyeing acquisitions in eastern Europe, its main profit driver, and could make a record profit this year if there are no major natural catastrophes.
The European market for commercial non-life insurance broking reached a value of €9.89bn in commissions and fees in 2011, according to financial services consultants Finaccord.
Günter Geyer is resigning after 11 years as chief executive of Vienna Insurance Group, having presided over the most profitable period in the group's history.
RSA recorded a 5% increase in net written premiums to £2.2bn for the first quarter, prompting group CEO Simon Lee to predict a full year combined operating ratio below 95%.
German insurance giant Talanx was "thoroughly satisfied" after increasing operating profit 21% to €1.2bn for 2011, despite a turbulent year for the eurozone and high incidences of natural catastrophes.
Transactor Poland is leasing additional office space for up to 30 staff in Cracow following its successful launch in September 2011.
Will emerging markets continue to grow?
Despite growth slowing in 2011 emerging markets will remain “reliable growth engines” in the global insurance markets in 2012, according to reinsurer Swiss Re.
Vienna Insurance Group’s Czech subsidiary Kooperativa, was ranked the fourth best Czech businesses in the country's recently announced "Top 100” rankings.
Lloyd’s of London is no longer only accessed through London and has spread its reach across the globe in recent times. Francesca Nyman asks how established it is in Europe and what challenges it faces here.
The Vienna Insurance Group is the new majority shareholder in Jahorina Osiguranje AD Pale insurance company.
Insurance Insight’s weekly update is live with an article on how European insurers will be affected by US Asbestos, Pollution and Health Liabilities when Solvency II is implemented; and a guest blog on brokers putting business out to auction.
Have risk managers had a adapt their skills-set?
Insurance Insight’s weekly update is live with an article on International geocoding; and a View from the Top on the importance of collaboration and partnership for the modern broker.
Does the European insurance market need an optional contract law?