Europe
Credit card-linked insurance and assistance market worth €4bn in Europe
The market for packaging and cross-selling insurance and assistance policies linked to payment cards and bank accounts is lively and competitive in most European countries, according to research by consultancy firm Finacord.
Internal model key to insurers' infrastructure investments, says Fitch
The future ability of insurance firms to invest in infrastructure projects is likely to depend on whether they use internal models to determine their Solvency II capital requirements, and can persuade regulators that infrastructure investment merits…
Zurich to cut 342 jobs in personal lines restructuring
General insurer Zurich plans to cut 342 jobs at five of its UK offices by the end of 2014.
Mapfre insures Iberia and LAN's aviation programmes
Mapfre Global Risks has agreed a three-year deal to insure the aviation risks in the insurance programmes of Iberia, Vueling, Air Nostruma and the newly created Iberia Express.
Crisis pushes EMEA risk managers to demonstrate value
Risk managers across EMEA are using the financial crisis to demonstrate how they add value, and are gaining kudos in the boardroom as a result, according to Marsh's latest report.
Aon downgrades 37 countries for terrorism and political violence
Companies must consider threats to business continuity due to civil unrest, said Aon Risk Solutions, as it downgraded 37 countries in its annual Terrorism & Political Violence map.
Spanish bank mergers could benefit large insurers
The ongoing restructuring of the Spanish banking system following the merging of several savings banks offers advantages to the country's largest insurance companies, said Moody's in its latest special comment report.
Insurance Insight – top 10 stories
The top 10 most popular articles published on insuranceinsight.eu over the past seven days.
Liberty Europe appoints Whelan as senior underwriter
Liberty International Underwriters Europe has appointed Brenda Whelan as senior underwriter – crisis management.
Prudential considers Thai bank's insurance book
British insurer Prudential is considering bidding for the insurance business of Thailand's Thanachart Bank, according to Reuters.
Property rate poll result
How long will property rates continue to rise?
Natural disaster: Filling the $254bn insurance gap
The problem of underinsurance has been seen with a number of natural catastrophes recently. Lucia Bevere explains why relying on governments as a last resort is a risky strategy, and what insurers can do to tackle this area.
View from the Top: The varying role of the broker across Europe
There is no perfect model for an insurance broker. The important aspect to focus on is not the way in which distribution in individual European countries - or sectors - works, but the continued collaboration of the industry as a whole.
QBE poaches Pryce from Ace UK
QBE has recruited Ace UK president Richard Pryce as deputy chief executive of QBE European Operations.
Ace appoints new leaders of UK and Ireland Retail
Ace Group has promoted a number of senior staff within its Europe, Middle East and Africa region.
Matthews takes up role as Sevitt CEO
Mike Matthews, the former chief executive of Setanta, has reprised his role as CEO of business solutions provider Sevitt, almost after year after leaving the Irish insurer.
Zurich, CNA and Liberty International join NCC cyber group
Information assurance firm NCC Group has launched a forum to work towards establishing a minimum security standard for the uptake of cyber insurance.
Mapfre's Maltese assistance unit begins operations
Middlesea Assist, the new subsidiary of Mapre Assistencia, has started to operate in Malta.
Fico launches new model management tool for insurers
Analytics provider Fico has launched a management system aimed at improving the return on investment for predictive models used in insurance.
Admiral sells Chiarezza to BlackFin Assurance
Admiral has sold its Italian price comparison venture to BlackFin Assurance Courtage.
Knipper to succeed Mayr as CEO of Axis Re Europe
Bermuda-based Axis Capital will make changes to its European management team over the course of 2012.
Ferma launches 2012 benchmarking survey
The Federation of European Risk Management Associations launches the 2012 Ferma Benchmarking Survey today.
Onshore captives on the rise, says Marsh
Organisations are increasingly forming captives onshore in the European Union or United States, while the use of alternative captive structures is growing, especially among smaller organisations, according to Marsh.
XL aims for 'nimble' business with restructure of International casualty unit
XL Group has restructured its International Primary Casualty business into four teams to be more nimble.