Europe
Ace bolsters Continental Europe sales and distribution team
Ace has made three senior appointments to its Continental Europe sales and distribution team.
Kiln strengthens aviation division with appointment
Kiln has appointed Paul MacMillan to active underwriter of its aviation division.
JLT warns against buying cheap nuclear build insurance
Speaking at the European Nuclear Forum in Brussels today, JLT's Global Nuclear Practice Group warned consumers of the risk of buying nuclear new build insurance cheaply and ultimately paying for insurance twice.
Iranian oil: sovereign cover requested by Indian shipowners
One of India's largest shipping companies, SCI, has requested sovereign guarantee from the government to domestic shipliners for transport of crude oil from Iran.
Risk management poll
Is risk management more about measuring than understanding risk?
Countdown to ISE: Q&A with panel guest Jeff Moghrabi
Jeff Moghrabi, country manager for France and regional director for central Europe at Ace, will be part of the panel debate on The varying role of the broker across Europe at Insurance Strategy Europe taking place in Brussels on Wednesday 21 and Thursday…
Solvency II lobbying has "clearly paid off"
PwC has commented on the proposed last minute deal struck by Parliament to not drop the matching premium ahead of Wednesday's Solvency II Economics and Monetary Affairs Committee vote.
Mitsui Sumitomo strengthens construction arm with Burgess appointment
Mitsui Sumitomo at Lloyd's has strengthened its commitment to the UK construction market by appointing Adrian Burgess as underwriter.
Swiss Re seeks approval for dividend increase to €2.48
The Swiss Re board of directors has proposed the approval of a dividend for 2011 of CHF3.00 (€2.48) per share and the election of Robert Henrikson to the board.
Insurers still wary despite Solvency II deal ahead of vote next week
The European Parliament's two biggest parties have tentatively agreed to include measures related to Solvency II legislation that could save the industry billions and avoid a long delay to the rules' implementation, according to reports.
China loses out as Mapfre targets more 'liberal' Asian countries
China's hostile environment for foreign investors has led Spanish insurer Mapfre to seek acquisition targets elsewhere in Asia in order to expand within the region.
Solvency II unlikely to spark wave of relocations, says Fitch
Solvency II is unlikely to lead to a wave of European insurers moving their headquarters out of Europe as a result of concerns about third-country equivalence, particularly for the US, ratings agency Fitch has claimed.
Boards urged to wake up to cyber threats and liabilities
Company directors must wake up to cyber threats or they risk litigation from all sides, according to Willis.
Scor IDS upgraded to A+
French reinsurer Scor has had its long-term issuer default rating and insurer financial strength ratings upgraded by Fitch, owing to its strong solvency and moderate debt in relation to its risk profile.
London tops KPMG report for investment
KPMG's Global Cities Investment Monitor has shown that London remains the top city in the world for foreign investment.
EU may exempt liability insurers from Iran sanctions
The European Union is considering relaxing rules on indemnifying Iranian tankers, to allow insurers to provide cover for third-party and environmental liability.
Asia helps Bupa shore up drop in European revenue
Healthcare group Bupa has announced revenues of £8bn for the year ended 31 December 2011, with strong performances in Asia.
Munich Re CEO von Bomhard forecasts €2.5bn profit for 2012 after good start
Munich Re has made a good start to 2012 and is aiming for a profit of around €2.5bn, according to CEO Nikolaus von Bomhard.
Willis appoints Bellone MD of European capital markets
Willis Group Holdings has named Andrea Bellone as managing director in the European team of Willis Capital Markets & Advisory, effective immediately.
Insurance Insight – top 10 stories
The 10 most read stories from www.insuranceinsight.eu over the past seven days.
US targets insurers of Iran deals
Companies that insure trade with Iran would be cut off from the US financial system under legislation aimed to further target Tehran's nuclear programme.
Greek debt swap manageable for European insurers
Insurers have written down Greek sovereign debt in line with falling market prices, according to Fitch.
Countdown to ISE: Q&A with guest speaker Steve Green
Steve Green, European middle market network leader for Zurich, will be presenting the session on 'Meeting the demands of the mid-market. Are insurers and brokers adequately servicing these clients?' at Insurance Strategy Europe taking place in Brussels…
Q&A Christchurch one year on - New Zealand Earthquake Commission
For the last two years New Zealand has seen an unprecedented number of earthquake incidents, Insurance Insight spoke to Hugh Cowan, general manager for research and education at the New Zealand Earthquake Commission, about how claims in the country are…