Europe
Politics is a major risk for renewables sector, says Willis
Resource nationalism is threatening projects in the renewables sector, according to Willis' head of political and export risk Andrew Van den Born.
Claimspro appoints new MD to drive European business
Loss adjuster Claimspro International has appointed Julian Millar as managing director.
Amrae appoints full-time CEO to cope with growth
Amrae, the French risk managers association, has appointed Bénédicte Huot de Luze as chief executive.
Insured loss estimates from Hurricane Isaac up to $2bn
Risk Management Solutions has estimated that US insured losses from Hurricane Issac's wind and surge impacts on the US Gulf Coast will fall between $1bn and $2bn.
Transsexual policy holders entitled to breast enlargement, German court rules
Male-to-female transsexuals can claim for breast enlargement surgery under their insurance policy if hormone therapy fails to give them a feminine shape, a German court has ruled.
The impact of European downgrades
This year has seen an increasing number of downgrades by ratings agencies for European insurers. Anne-Louise Fogtmann investigates how seriously these are taken and their impact on insurers.
Europe View from the top: Putting customer experience on the agenda
Interactions between insurers and their customers are far more transparent than they used to be, says Mike Holliday-Williams.
Insurers fear rise in multinational and export risk
Over half of European companies believe that doing international business has become more risky over the past five years, and 95% feel their own company has become more concerned about multinational and export risk over the period, research published…
Insurers finalising Solvency II preparations despite delays
Delays to the Solvency II framework have not dampened insurer appetite for Solvency II products, according to Interactive Data.
Talanx scraps IPO
Talanx AG is cancelling its initial public offering after investor's valuations of the company "deviated significantly" from the valuation given by banks managing the IPO.
EU placated as Guernsey repeals "harmful" tax provisions
Guernsey's revised zero-10 corporate tax regime has been given a clean bill of health by the European Union after previously being deemed harmful by regulators.
Guernsey signs tax agreements with Italy and Latvia
Guernsey has signed tax information exchange agreements with Italy and Latvia in an effort to increase transparency with the two European Union member states.
Generali seeks improvements with management reshuffle
Italian insurer Generali has reorganised the management structure for its Country Italy and Corporate businesses in an effort to improve growth and profitability.
Chartis makes cyber risk appointment
Chartis has appointed Jamie Bouloux to the newly created role of cyber liability underwriting manager for Europe.
QBE Europe restructures reinsurance business
QBE Europe has announced a restructure of its reinsurance arm which will take effect on 30 September 2012.
Italy increasingly important for London market
Italy is becoming a more important jurisdiction for the London insurance community, according to international law firm Norton Rose.
RSA enters P&I market with start-up Lodestar Marine
RSA has teamed up with protection and indemnity start-up Lodestar Marine for a new fixed premium P&I venture.
More than $3.5bn Perils-based limits at risk
Perils AG has hailed the success of its industry loss index service, with the firm’s head of products describing it as “the industry loss trigger of choice” for transferring European storm risk to reinsurers and capital markets.
Profitable growth still possible, says Guy Carpenter
Reinsurers should still be targeting profitable growth, despite challenging market conditions, broker Guy Carpenter said in a Monte Carlo press briefing on Sunday.
Novae Re appoints new senior management team
Novae Group has reorganised the key management team in its reinsurance division, Novae Re, in Zurich and London, following a number of departures earlier in the summer.
Novae reveals reinsurance management reshuffle
Novae has restructured the key management team in its Novae Re reinsurance division in Zurich and London, following a stream of departures earlier in the summer.
Hannover Re looks forward to Jan renewals
Hannover Re is "looking ahead with confidence" to the 1 January treaty renewals after being upgraded from A to A+ by AM Best.
GAB Robins hires former Cunningham Lindsey adjuster
GAB Robins have today announced the appointment of Maggie Cowing to the newly created position of head of major and complex loss.
Aviva Europe CUO joins Towers Watson
Professional services firm Towers Watson has appointed David Ovenden, former Aviva chief underwriting officer for Europe, to lead its underwriting analysis practice.