Articles by Francesca Nyman
Now Health introduces currency flexibility for Europe
Private medical insurance provider Now Health International, has introduced a flexible currency facility for customers in Europe, the Americas, Africa and Asia Pacific.
Q3 market movements take toll on insurers' capital adequacy, S&P says
Recent financial developments, combined with marking-to-market of insurers' investments, has depleted European insurers' balance sheets, according to a report by Standard and Poor's.
The challenge of life sciences
Mid-sized life sciences firms offer an attractive opportunity for insurers in Europe with many entering the market. Yet as Francesca Nyman reports litigation and legislation make this a challenging market too.
Q&A: Jorge Luzzi
Jorge Luzzi, president of Ferma and corporate risk management director at Pirelli & C SpA spoke to Francesca Nyman about what risk managers want from insurers, the current economic climate and what he aim to achieve in his two year presidency.
Reaction to proposed ELD extension
The CEA claims the proposed extension to the Environmental Liability Directive will be damaging for European insurers. Francesca Nyman asks the market for its initial reaction to the proposal.
Financial market volatility hits Swiss Re’s core combined ratio
Swiss Re saw the combined ratio for its property and casualty segment increase to 80.8% for the third quarter of 2011 due largely to financial market volatility.
Geneva Association petitions G20 on systemic risk designation
Insurance think tank, The Geneva Association, today issued an open letter to the members of the G20, asking them to take into account the specificities of the insurance industry when devising policies on systemic risk.
Open GI becomes payment service provider in ROI
Open GI has become a payment service provider in the Republic of Ireland with its new service, Credit Line Plus.
Fitch affirms ‘A’ IFSR of ACI
Fitch has affirmed the ‘A’ insurer financial strength rating of Amlin Corporate Insurance, reflecting the strategic importance of the commercial lines writer to the Amlin group.
Marsh promotes head of international from within
Marsh has recruited the new head of its international division from within its ranks.
Parametrics simplify public entities insurance in nat-cat areas
Parametric trigger insurance is making it simpler to insure public entities in natural-catastrophe prone countries, says Cooper Gay’s Steve Jackson.
AAIB recruits reinsurance manager
Anglo-Arab Insurance Brokers, the specialist insurer for emerging and high risk countries across the Middle East and Africa, has appointed Mekki Mustafa as its senior consultant in Iraq.
LIU Europe opens Hamburg branch
Liberty International Underwriters has opened a new branch in Hamburg, Germany as it seeks to become a competitive, niche player in the region.
Japanese, Swiss and Bermudian regimes largely equivalent to Solvency II, says Eiopa
The supervisory systems operating in Switzerland, Bermuda and Japan are largely equivalent to Solvency II, but not for all classes, according to the European Insurance and Occupational Pensions Authority.
TGSL reports 24% growth for 2011
Insurance software house, Transactor Global Solutions reported turnover of £5.2m for 2011, an increase of 24% year on year.
Swiss Re upgraded to 'AA-'
Standard & Poor's Ratings has raised its long-term counterparty credit and insurer financial strength ratings on Swiss Re and its core subsidiaries to 'AA-' from 'A+'. The outlook on all of these entities is stable.
Greek non-motor loss adjusters launch professional body
Greek claims specialists have banded together to form The Hellenic Association of Loss Adjusters in the hope of gaining equal status with other certified European loss-adjusting bodies.
Swedish Lansforsakringar's ratings on negative watch
Moody's has put Swedish health insurer Lansforsakringar's 'A2' IFSR and 'A3' issuer rating on negative watch.
Marsh joins United Nations disaster partinership
Marsh has joined the United Nations Disaster Risk Reduction Private Sector Partnership to support work aimed at enhancing national and local resilience to disaster.
Axis launches liability unit in Argentina
Loss adjusting network Axis has launched a liability claims units in Argentina to provide dedicated specialist support to local carriers and the international reinsurers.
Extending the ELD could have damaging consequences
A proposal today by the EC for a new law to regulate safety standards for offshore oil and gas operations could have unintended consequences for the environmental liability market, according to the CEA.
London market open for electronic trading with e-accounts
The London market’s ambition to alleviate administrative costs for brokers has moved a step closer with its electronic trading system e-accounts now operational.
Ace’s earnings hit by investment losses
Ace has reported reduced profits for the first nine months of 2011 and a loss for Q3, which it blamed on $760m in net realised investment losses.
Dublin suffers flooding after torrential rain
Torrential rainfall has caused widespread damage on both sides of the Irish Sea, with Dublin suffering the worst of the impact.