Aioi Nissay Dowa Insurance has finalised its acquisition of Insure the Box and Drive Like a Girl from Catlin.
Ace Group today unveiled a new, independent cyber risk business unit designed to provide local specialist expertise across continental Europe.
Following Fosun's acquisition of a 20% stake in Ironshore, Postonline looks at five key insurance investments by the privately owned Chinese conglomerate.
Insurers continue to lag behind their banking counterparts when it comes to mobile websites and apps, according to research from CP consulting.
MDS Portugal chief executive Jacqueline Legrand has been appointed Conseiller du Commerce Extérieur de la France in Portugal by French prime minister Manuel Valls.
Nearly 80% of European insurers expect to meet Solvency II requirements before January 2016 with Dutch, UK and Nordic firms outstripping their French, German, Greek and Eastern European counterparts in terms of readiness.
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.
Ace has recruited Axa’s property-casualty programme director for northern, central and eastern Europe to lead its own operations in Iberia.
Spanish insurer Mapre posted net income of €683.9m for the first nine months of 2013, a 4.3% increase on the previous year’s total.
Chinese conglomerate Fosun which owns the majority of Peak Re reinsurer has been shortlisted as one of five potential buyers of the largest insurer in Portugal.
Former THB employee Ricardo Borges is returning to the company to take up a director role based in the European Division’s Amsterdam office.
Hiscox has appointed Florence Tondu-Melique as its new European chief operating officer.
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.
The insurance arm of state-owned Portuguese bank Caixa Geral de Depositos is to be privatised by the end of the year. P
Spain’s Mapfre increased its first quarter revenues by 1.6% to reach €6,942m, driven mainly by the international business.
Portuguese insurers are expected to invest more in the corporate debt market amid improved economic stability and a decline in sovereign bond yields, according to Reuters.
Standard and Poor’s has revised the outlook for insurer Millenniumbcp Ageas' core entities to stable following action on Portugal's sovereign rating.
MDS Group, the Iberian, Latin American and African insurance broker, has appointed Tiago Mora as a director of its fully owned subsidiary MDS Africa.
Against the backdrop of a challenging economic climate and continued uncertainty over both the timescales for implementation of European regulation and varied national approaches to the adoption of it, European insurers face a number of critical challenges...
European financial institutions can expect challenging conditions in 2013 amid ongoing concerns about the Eurozone and increased regulatory action, according to broker Marsh.
When it comes to reducing expenses, European consumers are cutting back on discretionary areas such as dining out, holidays and clothing, but still see insurance as essential.
Global broker Willis is dividing its European operation into two distinct regions: Western and Central & Eastern Europe.
Mapfre has reported revenues of €19.4bn for the first nine months of 2012, a 10.5% rise compared with the same period last year.
Professional services firm Towers Watson and Broker MDS have joined forces to establish a benefits brokerage consulting service in Portugal.