With more than 300 UK-based managing general agents underwriting roughly £5bn - circa 10% of the UK general insurance market - the MGA is already firmly established within the London market providing a key access point to local markets and the ability to…
The Insurance Distribution Directive aims to harmonise the regulatory landscape for insurance intermediaries in the European Union.
Etienne Bouas-Laurent, former chief financial officer at Axa Germany, has been appointed CEO of life and savings and distribution for Axa Asia.
Hyperion Insurance Group has formed a strategic partnership with German broker Euroassekuranz Versicherungsmakler, subject to regulatory and financial approval.
Berlin based peer to peer insurance firm Friendsurance has secured $15m (£10.4m) of funding for expansion.
After six years of operation German start-up broker Friendsurance has failed to make a profit but this is part of the company's growth plan, according to its CEO.
Nikolaus von Bomhard will depart as CEO of reinsurer Munich Re in April 2017, with his role to be filled by Joachim Wenning.
German insurer Signal Iduna has introduced a software solution from Friss to fight fraud in a more structured and effective way within the claims process.
HDI Gerling Industrie Versicherung has rebranded to operate under the name HDI Global SE with immediate effect.
Liberty Specialty Markets has improved its German position, appointing a four-strong casualty team in Cologne.
Defendant law firm DWF is to acquire German international commercial firm Bridgehouse Law on 1 January 2016.
Allianz is to create a digital insurance company for the Chinese market, a joint venture with local internet giant Baidu and Asian investor Hillhouse Capital Group.
Allianz Insurance, as part of the Allianz SE group, has gained regulatory approval to implement an internal model to calculate capital requirements under Solvency II.
The Financial Services Compensation Scheme is discussing the failure of German insurer Berliner with its liquidator after it was declared to be in default on 28 August 2015.
Insurers in northern Europe are better prepared for Solvency II than those in the southern part of the continent, according to data specialist Silverfinch.
The increased use of technology in motor vehicles has been highlighted as a grey area in determining where product liability falls, in light of the Volkswagen emissions scandal, which will likely see directors and officers' insurers on the hook.
Volkswagen is unlikely to be able to rely on insurance to protect it from exposure relating to falsified US emission tests in particular diesel models of its vehicles, loss adjuster Cunningham Lindsey anticipates.
The stand-alone travel insurance and assistance market across 20 European countries totalled €3.86bn (£2.45bn) in terms of gross written premiums in 2014 and is forecast to rise to €4.54bn by 2018.
German insurer HDI Gerling and Thai company Bangkok Insurance have agreed pay-as-you-drive deals with telematics provider Scope Technologies.
Operating profit in Allianz Group's property and casualty division rose 29.7% to €1.35bn (£952m) in the second quarter of 2015 as the company confirmed its operating profit outlook for the full year would reach €10.8bn.
Hyperion's underwriting arm Dual has launched a merger and acquisitions business located in Frankfurt and London.
Aon has identified nine developed economies as being at an increased risk of terrorism, including seven from Europe.
Italian insurer Generali saw a 4.6% property and casualty profit decline in the first quarter after it counted the cost of storms in Italy, Germany and Austria.
RSA has appointed Darren McKenzie to the newly created role of Chief Operating Officer for the UK & Western Europe.