With increasing regulatory scrutiny, managing a captive can become challenging. Protected cell companies offer a practical alternative.
A treasure awaits those holding the keys for unlocking Luxembourg’s main assets within the insurance industry. According to the regulator’s latest annual report, reinsurers have built up €9.3bn (£7.8bn) in equalisation reserves in the country.
Hiscox has announced plans to open a European subsidiary in Luxembourg in response to Britain’s exit from the European Union.
Lloyd’s of London will reveal the location of its post-Brexit base by the end of this month, Post understands.
The Federation of European Risk Management Associations' secretary general Edwin Meyer has died, the organisation announced on 9 February.
Three European states failed to meet the December 2012 deadline to implement legislation prohibiting the use of gender-based pricing, according to the EU insurance supervisor.
AIG is rolling out an e-trading product for brokers across five European countries following the launch of the platform in the insurer’s UK and Ireland businesses earlier this year.
Patrick Thiels, chief executive of HDI Gerling in Belgium and Luxembourg, will join Allianz Global Corporate & Specialty from 1 April to lead the insurer's new Mediterranean division.
Solar Insurance and Finance has expanded its policy terms and conditions for solar photovoltaic insurance to "align with customer wishes".
Online travel agents can no longer automatically include travel cancellation insurance in the price of plane tickets bought on the internet, following a ruling by the European Court of Justice.
A new resource capturing more than 100 health insurance programmes designed for low-income populations in developing countries has been launched.
Broker Lockton today announced the formation of the Lockton Global partnership.
Andreas Sterl, senior researcher at the Royal Netherlands meteorological Institute, has warned that France will be particularly affected by global warming.
The Federation of European Risk Management Associations has grown its membership to 22 associations with the Luxembourg risk management association, Professionals in Risk Management.
Qatar Financial Centre Authority and Luxembourg for Finance, the agency for that promotes Luxembourg as a financial centre, held a joint seminar today as part of the continued cooperation between the two countries in financial services.
Axa has reported increases its third quarter property & casualty revenues for all regions in Europe.
France and Japan are the largest purchasers of excess of loss per event treaties according to a new report by Aon Benfield.
In Q2 2011, Belgium Dexia Group reported a net income group share of €-4.03bn, reflecting the May decision to accelerate its financial restructuring as well as an impairment on Greek government bonds in line with Dexia’s participation to the IIF Greece…
Catastrophe data provider Perils has extended its market coverage to include Norway and Sweden so all areas that could be hit by a European windstorm are covered.
Traditional captive domiciles in Europe include Guernsey and Gibraltar, as well as, in the European Union, Luxembourg, which is still dynamic and stable, and Ireland, which is in clear retraction. However, new developments are being seen in the market.
Insurance Insight’s weekly update is now live with an article on health cover in the Benelux regions and a View from The Top on how disaster financing instruments should never be seen in isolation.
The Benelux region is popular with expatriates and most health cover is provided by insurance. Tim Mutton, therefore, outlines what brokers need to know about providing medical insurance in the area.
Recent corporate acquisitions have boosted net revenue at SPB Group in 2010 to €77.4m.
Jean-François, who is currently Aon Benfield’s head of analytics, Benelux, is set to replace the present Brussels CEO, Bernard Suys, following his decision to retire in March 2013.