Europe
Emerging market megacities will be "gamechanger" says Swiss Re
Eight of the top megacities in the world will be in emerging markets by 2025, according to Swiss Re.
Regulation must not jeopardise long-term investment says Insurance Europe
Insurance Europe has welcomed the European Commission’s adoption of a Green Paper on the long-term financing of the European economy.
Regulation must not harm long-term investment says Insurance Europe
Insurance Europe has welcomed the European Commission’s adoption of a Green Paper on the long-term financing of the European economy.
CCR net profit surges despite €55m Thai flood loss
State owned French reinsurer CCR posted net profit of €242.3m for 2012, up from €119.4m 2011.
New regulator pledges to 'act more decisively' than FSA
The Financial Services Authority has outlined the risks that will be a priority in the next 12 months for its successor, the Financial Conduct Authority, when it takes over on 1 April.
AM Best withdraws ratings of Allianz France and subsidiaries
AM Best has affirmed the financial strength rating of A+ (Superior) and issuer credit rating of "AA-" of Allianz IARD and Allianz Vie, the main subsidiaries of Allianz France SA, and the ICR of "A-" for Allianz France SA.
View from the Top: Business customers want enforceable transparency
In about four months, the European Parliament will vote on the revised version of the Insurance Mediation Directive. If the directive is adopted in its present form, it will cover only individual customers and small businesses.
Post magazine – 21 March 2013
The latest edition of Post magazine is now available to subscribers as a digital and interactive e-book.
Gender Directive: Continental drift
The ban on gender as an insurance rating factor has made waves in the UK market but how has it impacted mainland Europe? Francesca Nyman investigates.
Is Biba’s new chief executive the White man for the job?
Improving the broking sector’s public profile, representing smaller firms and standing up to the incoming financial regulator are among the early challenges facing incoming British Insurance Brokers’ Association chief executive Steve White.
Austrian lawyer annointed as Van Hulle successor
The European Commission has appointed Klaus Wiedner to replace Karel Van Hulle as head of unit dealing with pensions and insurance in the Internal Market Directorate General.
Mapfre subsidiary to insure Maltese trade union
Mapfre subsidiary, Middlesea Assist, is to provide home assistance services to the members of the Union Haddiema Maghqudin, a major worker's organisation in Malta.
Credit Insurance: Lessons from the crisis
Credit insurance may have fallen out of favour during crisis years, but if used correctly it remains a vital tool for European corporates, according to Igor Zax.
Warranty gap insurance catching on in Continental Europe
Increased awareness of warranty and indemnity insurance is spurring the growth of the market in European territories, according to CMS Cameron McKenna.
Regulatory convergence not necessarily 'better' for insurance industry
Attempts to harmonise global insurance regulations are “more aspirational than realistic”, according to DLA Piper’s Bill Marcoux.
Ferma urges Europe to provide legal basis for commission disclosure for all in IMD2
The Federation of European Risk Management Associations is calling on the European Parliament to ensure that all insurance buyers are entitled to a minimum European standard of disclosure in the revised Insurance Mediation Directive II
Italian insurers "not directly affected" by sovereign downgrade
Italian mutual Assicurazioni, its core subsidiary Reale Seguros and ITAS Mutua's ratings are not directly affected by the downgrade of Italy's ratings, Fitch has said.
RSA names Lightbown as Donaldson successor ahead of retirement
Neil Lightbown has been appointed as RSA's global specialty lines director from 1 May when he will take over the responsibilities of Paul Donaldson who is set to retire in early 2014.
World Bank and Eiopa commit to developing insurance globally
The European Insurance and Occupational Pensions Authority has joined forces with the World Bank on an initiative to develop the insurance sector.
Overseas buyers behind surge in transactional risk insurance
Demand for transactional risk insurance grew by 41% globally in 2012 as firms increasingly turned to the insurance market to protect large deals and cross-border acquisitions or sales.
D&O: Responding to regulation
A change in the criminal code in Spain has thrown up a host of challenges for the nation's D&O providers, Anne-Louise Fogtmann writes.
Post magazine – 14 March 2013
The latest edition of Post magazine is now available to subscribers as a digital and interactive e-book.
Jobs at risk as KPMG feels bite of Solvency II delays
Up to 40 actuarial jobs are at risk at KPMG as the accountancy giant feels the pain of uncertainty around the timeline for Solvency II coming into force.
ING unveils governance changes for insurance business
ING today unveiled changes in the governance of its insurance/investment management Europe business as it continues to push forward with its preparations for a standalone future.