Denmark
Danish insurer Tryg to buy Alka for £1bn
Denmark’s largest insurance company Tryg is to buy competitor Alka Forsikring for 8.2bn DKr (£1bn).
Towergate Underwriting launches Scandinavian MGA
Towergate Underwriting has launched an international managing general agent for Scandinavia.
Interview: Grenfell Tower insurer reveals UK expansion plans
It is estimated that the Grenfell Tower fire could result in claims of up to £50m. However, the carrier responsible for insuring the building said that its expansion plans for the UK remain undimmed.
Skuld Copenhagen sees leadership change
Krester Krøger Kjær has taken over as head of Skuld Copenhagen, replacing Helle Lehmann.
RSG acquires Navigators' Nordic operations
Insurance services business Ryan Speciality Group has entered into a deal to buy Navigators' operations in Sweden and Denmark.
New CEO for Nordics, Russia and Turkey at AGCS
Peter Hecht-Hansen has been appointed CEO of Nordics, Russia & Turkey at Allianz Global Corporate & Specialty, subject to regulatory approval.
Kennedys expands in Scandinavia with merger and associations
Law firm Kennedys is expanding its international reach in Europe through agreements with three Scandinavian firms, which come into effect from 1 January 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.
Europe C-Suite: Renewable energy
RSA's Brendan Reed explains why UK insurers have a role to play in helping the country realise significant economic benefits from understanding the risks associated with renewable energy.
Perils revises loss estimate from windstorm Elon-Felix to €335m
Independent Zurich-based loss data provider Perils has disclosed its second loss estimate for windstorm Elon-Felix which affected Western and Northern Europe from 8 to 11 January 2015.
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.
R&Q completes transfer of Danish marine business
Randall & Quilter has completed the portfolio transfer of Tryg Forsikring AS's discontinued marine business to R&Q Insurance (Malta), the group's EU run-off consolidator.
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.
Hartley leaves Simply Business for Danish insurer
Former Simply Business product manager Robert Hartley is to join Danish insurer Qudos as an underwriter.
Perils revises Windstorm Xaver loss estimate up by €32m
Independent Zurich-based loss data provider, Perils has disclosed its third loss estimate for windstorm Xaver.
Willis recruits Copenhagen based political risk boss
Willis has bolstered its financial solutions unit with the appointment of a new leader for its Copenhagen based new political risk, terrorism and trade credit head.
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.
Car dealers took €16.3m from insurance services in 2012
Europe's car dealers sold policies worth an estimated €16.3bn in 2012 across six major insurance, warranty and assistance types plus niche insurance products available in some countries, according to research by Finaccord.
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’.
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.
AIR Worldwide estimates windstorm Christian losses could reach €2.3bn
Catastrophe modelling firm AIR Worldwide has estimated insured losses from windstorm Christian will range between €1.5bn and €2.3bn, with the majority of insured losses occurring in Denmark and Germany.
Europe: A pen for Europe?
Managing general agents have seen a resurgence of popularity in the UK, but has there been a similar renaissance across the continent? Tim Evershed investigates.
Now health appoints Jørgensen as non exec
International health insurance provider, Now Health International has appointed Per Bay Jørgensen as a non-executive director from July 2013.
Analysts bullish on Tryg's Q1 prospects
Analysts at Berenberg Bank have said they expect Nordic insurer Tryg to post a combined ratio of 91.1% for the first quarter, on the back of benign winter weather across Scandinavia and favourable investment markets.