Europe
Allianz buys wind farms as part of renewables investment
German insurer Allianz has bought two recently completed wind farms in France from Nordex SE.
Shipping sector faces new risks 100 years on from Titanic disaster
To mark the centenary of the Titanic sinking, Allianz Global Corporate and Specialty has recorded what it views as the biggest risks to the shipping industry today.
Insurance Insight – top 10 stories
The 10 most read stories from www.insuranceinsight.eu over the past seven days.
Eurozone crisis and Solvency II undermine Italian insurers' profitability
Italian insurers' growth and profitability is likely to remain subdued until the end of 2013, according to the latest report by Fitch.
Now Health streamlines claims admin for large groups
Health provider Now Health International has removed the requirement for large group members to provide a doctor's signature or original receipts for all new claims, regardless of size.
UK P&I club to establish UK Europe as sole direct insurance provider
The UK Protection and Indemnity Club has announced that it is reorganising its structure to establish UK Europe as the sole provider of direct insurance to UK Club members.
Bancassurance in CEE: opportunities for growth
Some view Central and Eastern Europe as behind Western Europe, but bancassurance could help to change this. Thomas Schöllkopf takes a look at the motives and opportunities for growth offered by this alternative sales channel.
ISE 2012: Europe should prepare for the worst
European insurers should prepare for the worst but hope for the best according to Chris Smith, global Europe director for RSA.
ISE 2012: EIOPA sees ‘new spirit’ after Solvency II vote
There is a new spirit and momentum to Solvency II following this week’s vote according to the European Insurance and Occupational Pensions Authority.
South Asia slow down: is this a blip or the new normal?
South Asia is probably the region of the world most acutely aware of the interconnectedness of growth prospects across countries in the developed and developing world.
ISE 2012: Ebusiness moves beyond selling insurance online to ‘personalised’ service
Insurers need to take ebusiness to the next level and personalise customer journeys to win business according to More than.
ISE 2012: Ageas says multi-channel distribution is essential for European insurers
Keynote speaker at Insurance Strategy Europe Bart De Smet, group chief executive officer at Ageas, told delegates how multi-channel distribution is essential for insurance in Europe and how his firm has restructured to reflect this.
ISE 2012: Agility is 'name of the game' for European insurers
European insurers will need to be agile to survive, according to Capgemini's group vice president.
Talanx 'thoroughly satisfied' after posting €1.2bn profit
German insurance giant Talanx was "thoroughly satisfied" after increasing operating profit 21% to €1.2bn for 2011, despite a turbulent year for the eurozone and high incidences of natural catastrophes.
ISE 2012: Interest in cyber insurance 'overwhelming' in Europe
Speaking at Insurance Insight's inaugural Insurance Strategy Europe event, Jacob Ingerslev, European underwriting director for technology and cyber risks at CNA, said that interest from Europe in cyber crime insurance is growing rapidly.
ISE 2012: Portugal to follow Greece but sovereign defaults won't 'cripple' insurers
Kurt Karl, managing director, chief economist and head of economic research and consulting at Swiss Re, has predicted that Portugal will be the next nation to default, but that it will not cripple the insurance industry.
ISE 2012: France to suffer extreme temperatures due to global warming
Andreas Sterl, senior researcher at the Royal Netherlands meteorological Institute, has warned that France will be particularly affected by global warming.
ISE 2012: Luzzi says firms must think in global terms
Opening the inaugural Insurance Strategy Europe event Jorge Luzzi, president of the Federation of European Risk Management Association and director of group risk management at Pirelli, told delegates that a global view is essential going forward.
Analysts praise ECON vote on Solvency II
Industry experts have praised the European Parliament Economic and Monetary Affairs Committee decision to back a series of Solvency II amendments.
CNA to acquire Hardy
US commercial insurer CNA is to acquire Lloyd's insurer Hardy Underwriting.
Ecclesiastical posts loss, despite Ireland performance
Specialist faith insurance providers Ecclesiastical made an overall pre-tax loss of £7.7m for the full year 2011.
Solvency II measures 'far from perfect'
Following the European Parliament Economics and Monetary Affairs Committee vote today, Otto Thoresen, director general at the Association of British Insurers, has urged finance ministers, the European Parliament and the European Commission to work…
AIR and RMS agree multi-year data sharing deal
Rival catastrophe modelling firms AIR Worldwide and Risk Management Solutions have formed an agreement to share exposure data schemas, in response to the growing numbers of clients using multiple models.
Ace bolsters Continental Europe sales and distribution team
Ace has made three senior appointments to its Continental Europe sales and distribution team.