Europe
Travelers appoints Abramson European head of Legal from Flagstone
Travelers has appointed John Abramson as head of legal and compliance for its European businesses.
Amlin reports leap in H1 profit to £184.5m
Amlin has reported profit before tax of £184.5m in the first half of this year compared to a loss of £192.3m in the first half of 2011.
Willis: Unprecedented stability for aviation market
The lack of large losses in aviation has created stability, a report has found.
Hiscox entities upgraded to 'A+'
Hiscox Group's core entities insurer financial strength ratings have been upgraded to 'A+' from 'A'.
Understanding cyber risks
Cyber risks have become high profile but, as David Froud explains, insurers need to conduct more than simple Q&A assessments to understand the true nature of a company’s data value and the potential cost of a loss.
Cyber insurance struggles to take off in Europe
Cyber exposures are headline news but, as Francesca Nyman reports, with ample capacity in the market and a lack of regulatory guidance, insurance uptake remains low.
RSA appoints investor director from Cable & Wireless
RSA has appointed Matt Hotson as investor relations director.
Aviva loses 'A' rating as S&P downgrades UK group
Standard & Poor's has lowered Aviva PLC’s long-term counterparty credit rating by one notch to 'A-' from 'A', and its long-term counterparty credit and insurer financial strength ratings on all of the group's core operating subsidiaries by one notch to …
Zurich appoints new general insurance CEO
Zurich Insurance Group has appointed Michael Kerner as CEO of general insurance from 1 September subject to regulatory approval.
QBE Europe teams up with Autoglass
QBE Europe has signed a deal with Autoglass for its core glass services.
Top five European news stories
The top five European stories from www.insuranceinsight.com over the past seven days.
Pannone wins Aria Assistance legal services tender
Aria Assistance, the newly launched independent firm that evolved from the management buy out of Europ Assistance, has appointed Pannone Affinity Solutions to provide legal advice and services support.
Bupa posts 22% fall in US and European profit
Global health insurer Bupa posted a 5% increase in revenues to £4.1bn and a 3% increase in pre-tax profits to £255.3m for the first six months of 2012.
ING considers European IPO
Dutch insurance group ING is contemplating an initial public offering for its European insurance businesses, the firm's chairman said this week.
Hannover Re profit soars despite €61m quake loss
Hannover Re has reported a 15.1% improvement in gross written premium for non-life reinsurance to €4.1bn (H1 2011: €3.5bn) compared with the same period last year.
Cyber poll result
Why are European insurance companies failing to provide tailored cyber products?
Guest Blog: A flexible future
Every European insurance market is at varying stages of adopting web-based platforms, but there are dramatically changing requirements across the board for multichannel retail distribution.
Cyber Risk Insurance Forum sets focus in inaugural meeting
The Cyber Risk Insurance Forum, established to develop a security framework for companies taking out cyber insurance, has held its inaugural meeting, expanding its membership and developing two lines of focus for its on-going campaign.
Munich Re posts €1.6bn profit for H1
Munich Re posted consolidated profit of €1.6bn for the first six months of 2012, €812m of which derived from the second quarter.
Aviva posts COR of 106% for H1 in Ireland
Aviva's general insurance and health business posted operating profit of £461m for the first six months of 2012, up from £455m in the first half of 2011, driven by strong UK performance.
Indian power failure highlights supply chain exposures
The widespread power failures in northern India in July highlighted the potential exposure for businesses relying on offshore outsourcing to deliver key services to customers worldwide, according to Zurich.
Marine market favourable for buyers despite losses
Conditions in the marine insurance market remain generally favourable to buyers, despite a series of natural catastrophes and other significant losses since the beginning of 2011, according to a report from Marsh.
Ace looks to strengthen travel business with internal promotions
Ace Group has made three changes to the travel team serving EMEA as the firm continues to build business across the region.
Investors more cautious of insurers owing to European concerns
Investors continued to have a more negative view of the global insurance sector relative to ratings in the second quarter of 2012, according to Moody's.