Europe
Salaries suffer with fragile economic recovery
UK companies remain cautious when it comes to their salary budgets following the financial crisis and subsequent downfalls in the UK and European economies, according to Aon Hewitt.
Wholesale environmental insurance broker launched
Edia is an independent environmental insurance resource for insured, intermediary and underwriting markets located outside the US.
Ferma names next president and VP
The Federation of European Risk Management Associations (Ferma) has named Jorge Luzzi as its next president.
Luzzi elected next president of Ferma
Jorge Luzzi, group risk management director for Pirelli worldwide, has been elected the next President of the Federation of European Risk Management Associations.
Canopius promotes two in marine and energy
Canopius Group has promoted two members of its marine & energy division.
FM Global’s Bosman to retire after 40 years
Ruud Bosman, vice chairman of FM Global, is to retire in November after 40 years with the company, where he worked his entire career.
Tawa, Skuld and Paraline combine forces to acquire Whittington UK
A consortium comprised of Tawa, Skuld, and Paraline Group have confirmed a definitive agreement to acquire Whittington Insurance Markets.
Piracy attacks have lower success rates finds Aon
There has been an increase in overall piracy activity but a general decline in successful attacks on vessels over the last year according to a new report.
Insurance Insight weekly update is now live
Insurance Insight’s weekly update is live featuring a Q&A with CED Ceo Stef Witteveen: and a View from the Top from FERMA vice president Julia Graham.
Tokio Marine Europe names consultant risk engineer for North-west England
Tokio Marine Europe has appointed Paul Naylor as a consultant risk engineer to help service the commercial insurer’s portfolio of clients in the North-west of England.
Insurance Insight Q&A: Stef Witteveen
Claims-processing management firm CED recently expanded in Spain with the acquisition of CSP, Insurance Insight caught up with Stef Witteveen, chief executive officer, to find out all the news on the purchase and the firm’s plans has for the future.
Service quality poll result
Find out what the industry made of the S&P research showing less than a quarter of insurance buyers would switch to a broker with a lower quality service even for 20% less premiums.
View from the Top: Keep up the momentum for a global solution
We’ve identified the problem and a solution. We must keep up the momentum to complete the process.
Flat rates expected in Europe after Monte Carlo meet
Securities and investment banking firm Jefferies anticipates flat rates for Europe next year.
MYI and Airclaims merge to enhance position in aviation
Loss adjuster McLarens Young International has merged with Airclaims to enhance its position in the aviation market.
AM Best receives European credit approval
AM Best Europe has received formal notice of registration as an approved European credit rating agency under the Credit Rating Regulatory Regime of the European Union.
Editor's comment: The devil is in the detail
Just when consensus was building across the insurance industry that banning referral fees alone will not cure the UK civil litigation system of all its perceived ills, reduce car insurance premiums, or single-handedly wipe out personal injury claims…
Chubb promotes underwriter to UK and Ireland manager
Chubb Insurance Company of Europe has appointed Jeremy Miles to UK and Ireland manager.
AIR Worldwide links with Trillium to provide geocoding to insurers
AIR Worldwide and Trillium Software have reached an agreement to provide more precise geocoding.
HSBC has refused to comment on speculation of non-life sale
HSBC Holdings has declined to comment on speculation in the market that it could be selling its $1bn non-life insurance business.
AIR updates European wind and earthquake CAT models
Catastrophe risk modeling firm AIR Worldwide has released updates to its Extratropical Cyclone and Earthquake Models for Europe.
European insurers facing increasingly stricter regulatory frameworks
Regulatory, accounting and rating agency changes are occurring rapidly globally, albeit at a different pace by region.
Property lines remain volatile across Europe
Property lines remain substantially more volatile than other major lines across Europe, according to new research.
UK Government bans referral fees
The UK government has decided today that it will ban referral fees as part of its commitment to curb the compensation culture.