Mediterranean Nations

Europe: Turkish delight?

Turkey offers potential as an emerging insurance market but has it lived up to its billing? Evrim Koksal Arkut, Chris Halliday and Andy Staudt explain.

The changing face of political risk cover

Traditionally political risk has been seen as an insurance product designed to protect businesses operating in the emerging markets and politically volatile areas of Asia, Africa and Latin America.

Axa posts fall in net income in H1

French insurance group Axa saw net income fall to €2.6bn from €4.0bn in the first half of 2012 owing to a non-repeat of the exceptional gains on disposals in 2011.

Bancassurance: a bright future?

With all the turmoil across the Eurozone and with regulatory upheaval ahead, it seems it could be an interesting time for the bancassurance market, as Jakki May reports.

Insurance Insight Update - 11 November

Insurance Insight’s weekly update is live with an article the biggest man-made disaster in Cypriot history; and a blog on why more education is needed in the Middle East.

The Cypriot fall out from Vassiliko

In July Cyprus saw its largest insurance loss caused by man and despite doubts as to its quality the insurance industry stood tall according to Konstantinos Dekatris.

Ratings watch: the risk of negative outlooks

The Greek sovereign debt crisis has raised questions about insurers’ investment portfolios and the ratings they attract because of this. Jakki May explains why brokers should be aware of the issue to provide the best service to their customers.

AM Best affirms Milli Re ratings

AM Best Europe has affirmed the financial strength rating of Milli Reasurans Turk Anonim Sirketi (Milli Re) (Turkey) at B++ (Good) and the issuer credit rating of “bbb”. The outlook for both ratings is stable.

Coface downgrades Greece and Cyprus

Despite a slowdown compared with 2010, Coface is expecting the steady pace of growth of emerging countries to continue, forecasting their economies to grow at 5.7%, in 2011.

Growth in the marine market

New entrants are popping up in the European marine market on a regular basis yet report say rates are softening as there is over capacity. Jakki May takes a look at the market to assess what the real state of play is.