Europe
Liberty eyes remaining Quinn stake
Liberty Insurance’s Irish chief executive has said the group wants to wrestle full control of the former Quinn Insurance Group.
UK P&I club posts combined ratio of 104%
The UK P&I Club produced a surplus of $9.5m, for the year ended February 2013, increasing its free reserves and hybrid capital to a new high of $494m.
AGCS appoints technology risks underwriter
Allianz Global Corporate & Specialty has appointed James Tuplin as a technology risks underwriter within the financial lines team.
Flood: A Dutch Obligation
For the first time in decades Dutch citizens can purchase flood insurance but should the product be compulsory?
VFTT: Anticipating client growth aspirations
Europe's slow recovery is encouraging firms to seek growth in unfamiliar markets, but few consider whether their insurer is equipped to support them in their expansion, QBE's Barbara Chandler says.
Markel International hires professional risks specialist
Markel International has appointed Bhavik Desai as an underwriter in its professional and financial risks division.
Q-Re appoints new management team
Q-Re has recruited a new management team, following the appointment of chief executive officer Gunter Saacke in February.
WHO issues virus warning
The World Health Organisation has said the novel coronavirus, which is similar to SARS, can pass between humans.
Ireland "needs to keep itself competitive" warns XL Re president
Ireland needs to maintain its favorable regulatory climate to retain its position as a reinsurance hub, the chief executive officer of XL Re has warned.
Generali Q1 profit jumps 6.3%
Italy’s Generali reported an increase in first-quarter profit of 6.3%, boosted by higher earnings from its non-life insurance business.
Catlin reports 12% GWP hike in cat-free quarter
Catlin has reported a 12% increase in gross written premium to $1.84m in the first quarter of the year compared to the same period in 2012 (Q1 2012: $1.64m).
Crawford's Q1 profits rise 60%
Loss adjuster Crawford has seen a healthy rise in earnings for the start of the year.
Engine failure suspected in Genoa ship crash
Early indications suggest that the ship which crashed into a control tower at Genoa’s port yesterday may have suffered an engine failure.
Kennedys swoops for Norton Rose marine specialist
Law firm Kennedys has continued its recent hiring spree with the recruitment of David McKie from Norton Rose.
Gable to offer Italian bonds
Gable Holdings has launched its first product in Italy, providing bonds for companies bidding and undertaking work for state and public corporations.
Gallagher backs Gable Italian launch
Gable Holdings has partnered with Arthur J Gallagher International to launch its first product in Italy.
Compliance tops concerns for expanding European firms
The biggest risk European businesses believe they face when starting to operate in new markets is dealing with local regulations, a survey by QBE has found.
Post magazine – 9 May 2013
How do your customers rate the claims service you provide? Probably not as well as you think.
Allianz revenues jump 6.6% in Q1
German insurance giant Allianz recorded revenues of around €32bn in the first quarter of 2013, up 6.6% on the previous year.
Willis exec slams risk management disconnect
The risk management functions of a significant number of insurers have little direct connection to the decision-making that drives those organizations, Dave Ingram, executive vice president of Willis Re has claimed.
UAE insurance sector expected to grow in 2013
The regulatory environment for insurers in the United Arab Emirates is challenging but should not scupper growth in the short term, according to AM Best.
Container ship hits port in Genoa killing seven
A container ship crashed into the Italian port of Genoa late on 7 May killing seven people.
Survey: Natural disaster risk planning needs improvement
Although there is a greater recognition of the threat from natural disasters, there are still insufficient mitigation plans in place from companies.
Towers Watson appoints MD of European risk consulting
Towers Watson has named Michael Murphy as managing director of its risk consulting and software business in Europe, the Middle East and Africa, with immediate effect.