Europe
Guernsey ranked 28th in Global Finance Centre index
Guernsey has been ranked 28th in the latest Global Financial Centres Index, a barometer tracking the competitiveness of global financial centres published by research firm Long Finance.
Guy Carpenter opens Athens office
Guy Carpenter & Company has opened a reinsurance intermediary office in Athens, the broker said today.
Guy Carpenter opens Greek office
Guy Carpenter & Company has opened a reinsurance intermediary office in Athens.
Tysers P&I report predicts market hardening
Rates for protection and indemnity cover could harden by 10% at the next renewal, according to the 2012 P&I Clubs report published by Lloyd's broker Tysers today.
Top five European news stories
The top five stories from insuranceinsight.com over the past seven days.
Dual wins new capacity providers
Liberty and Barbican will become capacity providers for Dual International's financial lines portfolio from next month, following in the footsteps of Arch, Hiscox and Mitsui Sumitomo.
WR Berkley España appoints new president
WR Berkley Corporation has promoted Alejandro Jiménez to executive chairman of WR Berkley Insurance (Europe) Limited Sucursal En España.
Munich Re considers ILS fund
Munich Re may launch a fund to allow investors to buy catastrophe bonds and other insurance linked securities to meet the growing demand for instruments linked to natural disasters.
Haagen replaces Karner as AGCS aviation head
Allianz Global Corporate & Specialty has appointed Henning Haagen as global head of aviation for its European, Middle East and Asia and Asia Pacific divisions.
Swiss Re covers solar plane planning first round the world flight
Swiss Re Corporate Solutions has become the sole insurance provider for Solar Impulse, the world's first purely solar-powered airplane able to fly through the night.
Aria Assistance promises service difference following MBO
Aria Assistance has officially launched itself in the insurance and assistance marketplace, following the management buyout of Europ Assistance UK and Ireland.
Milliman and EagleEye target European insurers
Actuarial firm Milliman and insurance technology provider EagleEye Analytics are expanding to offer products for the European market.
Mapfre and Euler Hermes receive green light for JV
Spanish insurer Mapfre and French insurer Euler Hermes have been cleared by the European Commission to proceed with their planned credit insurance joint venture.
New XL office to serve mid-market France
XL Group has opened a new insurance office in Lyon to serve companies and broking houses in the south east of France.
Insurance Europe welcomes Solvency II impact assesment
Insurance Europe has welcomed news that the European Union will undertake an impact assessment on measures to deal with long-term guarantee issues in Solvency II before finalising the Omnibus II text.
View from the Top: Eurozone optimism
Europe's stock markets lurch daily from panic to optimism and back to the precipice again. Economies have stalled in a second phase of recession, and the insurance industry is in uncharted territory.
Firms in emerging markets eye captives to manage risk
Organisations in central and eastern Europe and additional emerging markets are keen to take advantage of risk management and risk financing solutions such as captive insurance companies, according to Aon Global Risk Consulting.
Willis opens new office in Malta
Global broker Willis Group has opened a new office in Malta to serve its growing captive and commercial insurance clients in the region.
Solvency II could face more delays
Disagreement between European Union member states over the final shape of Solvency II could further delay the implementation of the regulations, Reuters reported yesterday.
More SII delays "regrettable" but necessary
The European insurance and reinsurance federation, Insurance Europe, has welcomed a decision to finalise the impact assessment on measures to deal with long-term guarantee issues in Solvency II before finalising the Omnibus II text.
Top five European news stories
The top five European stories from www.insuranceinsight.com over the past seven days.
Mapfre and Genworth join forces to sell products in Latin America
Spanish insurer Mapfre is to distribute Genworth lifestyle protection insurance products in Latin America.
Credit insurers Garant and ASEI enter partnership
Austrian political risk insurer Garant Versicherungs AG and state-owned export credit agency Asuransi Ekspor Indonesia have entered into a commercial partnership to improve the export credit and political risks cover available to their clients.
Axa launches telematics product for Irish drivers
Axa Ireland has launched a telematics product for young drivers in conjunction with MyDrive Solutions.