Europe
Markel appoints Balocco to professional liability team
Specialist insurer Markel has named Davide Balocco as a senior underwriter in its in its professional liability division.
Marsh promotes head of international from within
Marsh has recruited the new head of its international division from within its ranks.
Brokers Link premium breaks $14bn with eight new members
Independent broker network Brokers Link has increased its members’ managed premium volumes to over $14bn with new representation in Israel, Indonesia, South Korea and Caribbean.
Insurance Insight weekly update live - 28 October
Insurance Insight's weekly update is live with an article on Pan-European and Global business interruption cover; and a View from the Top on how insurers must be as global as the firms they work with.
Pan-European and global business interruption cover
As businesses become increasingly global Roger Potts explains that brokers must make sure their knowledge of their clients is detailed enough to ensure the correct business interruption cover is in place should the worst happen.
View from the Top: Big business made easy
As businesses grow and expand their global reach it is more important than ever for insurers to deliver consistently across the globe.
European fleet motor insurance poll results
Is European fleet still an attractive option for insurers?
London market open for electronic trading with e-accounts
The London market’s ambition to alleviate administrative costs for brokers has moved a step closer with its electronic trading system e-accounts now operational.
Ace’s earnings hit by investment losses
Ace has reported reduced profits for the first nine months of 2011 and a loss for Q3, which it blamed on $760m in net realised investment losses.
Clayden and Egan land new Aviva roles
Dominic Clayden and Sean Egan have been handed new executive level positions at Aviva.
Chubb Europe makes UK & Ireland appointment
Chubb Insurance Company of Europe has appointed Jon Nottingham, sales and marketing manager UK & Ireland.
Sovereign default moves up 'known unknowns' risk list
Sovereign default has risen four places to second position for the top fifteen extreme risks while depression retains the top position and hyperinflation moves to third.
Lloyd’s in Europe
Lloyd’s of London is no longer only accessed through London and has spread its reach across the globe in recent times. Francesca Nyman asks how established it is in Europe and what challenges it faces here.
US Taxation poll result
Will US tax proposals put European insurers off?
European non-life faces increasing challenging environment, says AM Best
European non-life insurers are operating in an increasingly challenging investment and economic environment, according to Sam Dobbyn, senior financial analyst at AM Best.
Three set to submit second round bids for IL&P
At least three groups will submit second-round bids for Irish Life & Permanent's life insurance business, according to reports in The Irish Independent.
Average strength of companies deteriorates in Europe
Trade credit insurer Coface has reduced its 2011 forecasts for much of Europe following a deterioration of the average strength of companies.
CEA opposes US tax proposals as barrier to European insurers
The CEA is strongly opposing Bills introduced this week US House of Representatives saying they could lead European insurers to withdraw from the US market.
London market claims performance improvements not being seen across the board
The London insurance market’s claims service has improved year-on-year since 2009 but inconsistency means that some in the market still offer poor claims service.
European insurance market facing critical moment
The European non-life insurance sector is approaching critical moments, with economic, regulatory and market forces set to severely test the industry as a whole, according to a report from AM Best.
Insurers best insulated against Euro debt default worries
Insurers and reinsurers are best insulated against Eurozone sovereign debt default worries according to Ernst & Young.
XL tackles under and over insurance with property valuation product
XL insurance has joined forces with American Appraisal to offer what it claims are independent and unbiased valuations to customers.
Solvency II forces actuaries back on the government’s skills shortage list
A shortage of actuaries to deal with Solvency II projects has forced the UK government to relax its visa rules, according to Re Think Recruitment.
Cross-border exchange of information poll result
How exchanging of information on traffic offences across borders affect European insurance claims?