Articles by Francesca Nyman
Fitch affirms ratings of Generali's German subsidiaries
Fitch Ratings has affirmed the ratings of Generali Deutschland Group's German non-core subsidiaries Envivas Krankenversicherung AG and Advocard Rechtsschutzversicherung AG.
Mapfre sees 13.9% increase in GWP up to Q3 in 2011
Spanish reinsurer Mapfre’s gross written premiums for the first three quarters of 2011 were $14.7bn, a 13.9% increase year on year.
UK and Norway forge new energy agreement
The UK and Norway have signed an agreement affirming their commitment to cooperation on energy and climate issues.
Willis Group appoints new CEO and president
Global broker Willis Group has appointed Daniel Wilkinson as the new CEO of Willis United Kingdom & Ireland.
Turkey earthquake was 7.2 magnitude
Damage reports are still emerging after a magnitude 7.2 earthquake struck eastern Turkey on Sunday.
Social media damage is high on risk managers’ list of concerns
Social Media and the risk it poses to reputation risk and confidential information is a matter of great concern for European businesses, according to study by the Federation of European Risk Management in conjunction with the Institute of Risk Management.
Lloyd’s in Europe
Lloyd’s of London is no longer only accessed through London and has spread its reach across the globe in recent times. Francesca Nyman asks how established it is in Europe and what challenges it faces here.
RFIB CEO leaves to "pursue other challenges"
RFIB CEO Marshall King has left the Lloyd’s broker “to pursue other challenges”.
ALC Health launches underwriting partnership with Axa
Medical insurance provider ALC Health has announced that it will be transferring its underwriting capacity to Axa PPP International from 1 December 2012.
McManus departs Willis
Brendan McManus, the CEO of Willis Limited, who until recently had served as CEO of Willis United Kingdom & Ireland is to leave the broker.
S&P lowers ratings for Mapfre and core subsidiaries
Spanish insurer Mapfre has had its insurer financial strength and long-term counterparty credit rating downgraded to 'AA-' from 'AA' by Standard and Poor’s following its sovereign downgrade of Spain last week.
Vienna Insurance Group completes Jahorina acquisition
The Vienna Insurance Group is the new majority shareholder in Jahorina Osiguranje AD Pale insurance company.
RSA recruits More Than man to head up e-business
RSA has appointed Ian Hood as group e-business director, with immediate effect.
Aon Benfield proposes optimisation strategy for Solvency II
Aon Benfield claims to have developed an optimisation process for setting a consistent strategy across asset and liability risks which will support insurers to better manage their risk and capital under Solvency II.
Towers Watson appoints senior broker for continental Europe
Towers Watson has appointed Nicolas Moinier as a senior broker in its reinsurance business with the aim of strengthening its presence in the European reinsurance brokerage market.
Flood effects aggravated by insufficient investment in preventative measures
Although floods occur more frequently than any other natural disaster worldwide, the risk they pose is often aggravated by human activity, according to a report by Allianz.
European non-life faces increasing challenging environment, says AM Best
European non-life insurers are operating in an increasingly challenging investment and economic environment, according to Sam Dobbyn, senior financial analyst at AM Best.
European fleet insurance market worth €18bn by 2015
The European market for fleet motor insurance is expected to be worth more than €18bn by 2015, according to Finaccord.
European insurers vie for KBC's Polish Warta
Several European insurers are believed to be in the running to acquire Polish insurance company Warta from Belgium's KBC, according to reports from Polish financial daily, Parkiet.
Axa and Generali in running for HSBC non-life book
European insurers Axa SA and Assicurazioni Generali SpA are thought to have submitted first-round bids for HSBC's non-life insurance business in a deal worth up to $1bn (€728m), Reuters has reported.
Westfaelische Provinzial Versicherung AG upgraded to 'AA'
Insurer Westfaelische Provinzial Versicherung AG has had its insurer financial strength ratings upgraded to 'AA' from 'A+' with stable outlook.
Ace Bermuda launches D&O policy in the Netherlands
Ace Bermuda International has launched an executive liability policy for corporate officers and directors assurances in the Netherlands.
London market claims performance improvements not being seen across the board
The London insurance market’s claims service has improved year-on-year since 2009 but inconsistency means that some in the market still offer poor claims service.
Weak technical results threaten profitability in French, German and UK motor
Motor insurers in Germany, the UK, and France face an uphill struggle for profitability and are unlikely to break even on their underwriting results for several years, according to a report by Standard and Poor’s.