Peter Hecht-Hansen has been appointed CEO of Nordics, Russia & Turkey at Allianz Global Corporate & Specialty, subject to regulatory approval.
Insurers continue to lag behind their banking counterparts when it comes to mobile websites and apps, according to research from CP consulting.
Could factors including economic growth in the East and increasingly burdensome UK regulation see Lloyd’s Asian hub in Singapore oust its London counterpart as the global centre of insurance?
Randall and Quilter has completed the portfolio transfer from two Finnish companies, Fennia and Turva, into its run-off insurer Alma.
Randall & Quilter Investment Holdings has agreed a portfolio transfer plan with mutual insurance company Turva.
Analysts at Berenberg Bank have said they expect Nordic insurer Tryg to post a combined ratio of 91.1% for the first quarter, on the back of benign winter weather across Scandinavia and favourable investment markets.
Several governments across Europe have ramped up insurance premium tax rates in response to finance deficits and a worsening economic outlook, research has shown.
European markets for travel insurance and assistance continue to flourish with Allianz, Generali and Munich Re heading the market.
Highlights for the Russian insurance market for Q2 include a number of important personnel reshuffles, several companies being sold and problems with a high roller. Paul Koshik reports.
Finnish insurers Tapiola and Local Insurance Group have signed a five-year deal to outsource IT infrastructure services to Finnish IT services company Tieto.
Finnish mutual insurer Tapiola has selected Moody's Analytics' Solvency II software to enhance its risk management infrastructure and help it meet the forthcoming Solvency II deadline.
Construction markets have suffered across the globe with the financial downturn biting hard. Edward Murray investigates whether there are any glimmers of hope for the European market in 2012.
French insurer Axa will invest up to €2.5bn in the development of green and brownfield sites and existing properties which require extensive redevelopment across the continent, to exploit the gap left by banks in the property lending market.
According to catastrophe modeling firm AIR Worldwide, Windstorm Dagmar, which moved across Russia north of St Petersburg on Christmas Day and until the early hours of 27 December 2011, caused power outages, tree-downings, and landslides and other…
Voters in the recent Danish election set records with their tweeting but as Francesca Nyman reports insurers in this region are yet to take real advantage of this increasingly popular medium.
Tapiola General Mutual, Finland’s largest mutual insurer, has had its financial strength rating of A (Excellent) and its issuer credit rating of “A” affirmed by ratings agency, AM Best. The outlook for both ratings is stable.
Fitch Ratings has revised the outlook to stable on Sampo Group's main entities, including the Finnish life insurer Mandatum Life Insurance Company, the Swedish entities of If non-life insurance group and the ultimate holding company of the Sampo Group,…
Fitch Ratings has found that the Nordic insurance market is becoming increasingly important as a supplement to the welfare state.
The Nordic area has been resilient throughout the economic downturn and is now showing signs of grow in areas including construction. While projects are usually funded by Nordic capital Asa Berglund and David Braybrook reveal that the region is open to…
XL Insurance has appointed Peter Wullimann as its new country manager for the Nordic region.
While the legal requirement for insurers in Europe to have fiscal representation seems to be on the decline, Mike Stalley explains why the need for their presence could be great than ever.
The Nordic region has become popular for big and small businesses alike and was recently highlight in the news as a terrorist target. Jakki May reviews how insurers have responded to this and asks what other risks firms in this region face.
A Belgian court case that has been referred to the European Court of Justice questions the validity of using gender as a risk factor in insurance. Lesley Ainsworth and Paul Castlo review the impact the decisions in this case could have for all European…
Standard & Poor's Ratings Services said today that it assigned its 'A-' long-term counterparty credit and insurer financial strength ratings to Finland-based credit insurer Garantia Insurance Company, with an outlook of stable.