Belgium
Eurozone insolvencies to exceed 2007 level by 67% in 2016
Insolvencies in the Eurozone are 75% higher in 2015 than they were in 2007 with trade credit insurer Atradius predicting they will remain 67% higher than the 2007 level in 2016.
Aon highlights increased European terrorism threat
Aon has identified nine developed economies as being at an increased risk of terrorism, including seven from Europe.
Anbang's Belgium acquisition given green light
China's Anbang has completed the purchase of Fidea from JC Flowers after approval from the China Insurance Regulatory Commission.
Catlin completes Insure the Box sale
Aioi Nissay Dowa Insurance has finalised its acquisition of Insure the Box and Drive Like a Girl from Catlin.
Nationale Suisse sells Belgian travel portfolio to Mapfre
Swiss insurer Nationale Suisse has agreed to sell the travel insurance portfolio of its Belgian subsidiary L'Européenne to Mapfre Asistencia, a subsidiary of Spanish insurer Mapfre, for an undisclosed fee.
Dutch group sells insurance arm to Chinese insurer
SNS Reaal, a troubled Dutch government owned bank and insurer, has agreed to sell its insurance arm to Anbang Insurance.
Nationale Suisse sells Belgian subsidiaries
Nationale Suisse has agreed to sell its subsidiary National Suisse Belgium and two underwriting agencies as part of its planned withdrawal from the Belgian market.
Europe: Q&A with Bart de Smet, Ageas
Ageas is committed to the UK's motor sector despite its volatility, according to group chief executive Bart de Smet, who adds that the firm is always keen to gain from consolidation elsewhere.
Insurers behind banks on mobile offerings
Insurers continue to lag behind their banking counterparts when it comes to mobile websites and apps, according to research from CP consulting.
Europe: Weathering the storm
Europe got a battering from natural catastrophes in 2013, resulting in the region clocking up the most loss events for the year across the globe.
R&Q completes Chevanstell transfer
The business of Chevanstell, which traded in the UK as Tryg-Baltica International UK before going into run-off, has become part of R&Q Insurance (Malta) following a part VII transfer.
Industry plays down impact of St Jude and Xaver storms on full-year results
Losses expected to be ‘in tens of millions, not high hundreds of millions’.
European PI market to be worth £6.27bn by 2017
The professional indemnity insurance market across 10 European countries - Austria, Belgium, France, Germany, Italy, Netherlands, Poland, Spain, Switzerland and the UK- will be worth around €7.5bn (£6.27bn)by 2017.
AIG rolls out broker trading platform in mainland Europe
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.
JLT appoints Belgibo Insurance to its Belgium network
JLT has appointed Belgibo Insurance Brokers as an official member of the JLT International Network in Belgium.
Ace appoints global client exec for Benelux
Ace Group has appointed Hendrik-Jan Wiersema as its global client executive focusing on the Benelux region.
THB strengthens Portuguese team with Ricardo Borges’ return
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 appoints Axa's Tondu-Melique as European chief operating officer
Hiscox has appointed Florence Tondu-Melique as its new European chief operating officer.
Amlin announces Antwerp redundancies
Amlin Europe has announced “a small number” of redundancies at its Antwerp office.
Insurance premium tax ruling bad for business and EU policy
A European court ruling on the way insurance premiums are taxed will burden insurers with increased costs and and undermine the EU's attempts to create a single market for insurance, according to law firm Pinsent Masons.
Ageas appoints Broughton to group board
Ageas has appointed Steve Broughton as a non-executive member of its group board of directors for a three-year period, subject to approval by the National Bank of Belgium.
Broughton appointed to Ageas group board
Ageas has appointed Steve Broughton as a non-executive member of its group board of directors for a period of three years, subject to approval by the National Bank of Belgium.
Insurers miss opportunity to voice opinions on EU consultation on PPOs
The UK’s general insurance sector has failed to engage with a consultation on setting Solvency II liability rules, despite a European Union recommendation that 20% of the sector should contribute for the study to be credible.
Market losses support improvements to flood and windstorm database
Catastrophe insurance data provider Perils has updated the property sums insured exposed to UK flood as part of an update to its Europe Industry Exposure Database.