Europe
Torus acquires Starr’s Continental Europe renewal rights
Specialty insurer Torus's syndicate 2243 has acquired the renewal rights to the European business of CV Starr's syndicate 1919.
Slingsby returns to RSA as director of Global speciality lines
Former RSA executive Steve Slingsby is returning to the insurer as programme director for global speciality lines, after a two-year stint at rival QBE.
Harmonising insurance guarantee schemes across Europe
Harmonisation of insurance guarantee schemes is a topic that has been debated for some time but European Commissions direction on it due next year Sam Barrett looks at how this could work in practice.
China poll result
Will China be the next supply chain disaster?
Argo looks to Novae for liability head
Argo International has appointed Rupert Taylor as head of International general liability.
Martel reshuffles Groupama management
Recently appointed Groupama chief executive Thierry Martel has unveiled his new management team.
Arag hands Barrie & Hibbert SII role
Legal expenses insurer Arag has selected financial market modelling firm Barrie & Hibbert to assist in its preparations for Solvency II.
Brown named as Chubb CIO
Chubb Insurance has appointed Chris Brown as European chief information officer.
IAG boss warns Europe's debts could impact global insurance market
Europe's debt crisis could impact the global insurance industry, reducing competition in markets where insurers have exposure to troubled European sovereigns, says IAG chief.
Insurance key to encouraging private investment into renewables
Significant financial risk is most acute hazard for renewable energy sector, according to a report by Economist Intelligence Unit and Swiss Re.
Marsh launches EMEA renewable power practice
Broker Marsh has launched a Europe, Middle East and Africa renewable power & cleantech practice.
Jubilee to provide European car hire cover for Towergate
Specialist Lloyd’s insurer Jubilee has been appointed to extend the coverage of Insurance4carhire to Europe.
AIR joins with Intermap for European cat modelling
AIR Worldwide has entered into an agreement with Intermap for it to provide high-resolution elevation data to be used in the development of new catastrophe models for select European countries.
Aviva pairs up with UAE insurer for expat medical insurance
Aviva’s UK health business has set up a new arrangement with Abu Dhabi based Emirates Insurance Company to provide expatriates based in the United Arab Emirates with compliant international private medical insurance solutions.
Helping retailers to have a merry Christmas
Given the precarious state of the European economy and the threat of a double dip recession a real possibility, retailers across Europe need a good Christmas shopping season more than ever this year.
Aviation poll result
Will aviation rates pick up soon?
Lloyd's insurer Brit appoints Evercore to sell £150m UK arm
Dutch insurance group Brit is looking to close the first round bidding process for its UK retail arm this week, Postonline has learnt.
Sovereign debt crisis is worsening, says HiFX foreign exchange dealer
Germany's failed bid to auction off $6bn of government debt has fuelled concerns that the sovereign debt crisis is worsening.
Softer capital charges for bonds positive for European insurers
European Commission proposals to lower capital charges for longer-dated unsecured corporate and financial institution bonds should mitigate the capital flight from these asset classes that is a likely side-effect of Solvency II, says to Fitch Ratings.
RSA's CFO quits to join Lloyds Banking Group
George Culmer, director and chief financial officer of RSA has resigned to take up the position of group finance director of Lloyds Banking Group.
Allianz makes leap into space travel
Allianz Global Assistance will accompany future space travellers before, during and after their space flight with bespoke space travel insurance.
Insurance Insight Update - 18 November
Insurance Insight’s weekly update is live with an article on the importance of insurance policies keeping pace with the evolution of risk; and a View from the Top on how new players can take advantage of opportunities in the Swedish non-life market.
Keeping pace with the evolution of risk
In the last 18 months, risk managers have faced a complex set of challenges.
Insurers combat fraud and risk with increased software investment
Worldwide revenue at business analytics software and services provider SAS grew 25% over this time last year, as insurers battle with increasing volumes of data, and protecting both profits and customers from loss exposure though fraud and risk.