Europe
Catastrophe poll result
Find out if the market voted for government to be the fund of last resort in catastrophes?
Travel clinic fraud: a growing problem
Thousands of holidaymakers who receive medical treatment while travelling abroad are at risk of being overcharged, according to Mike Keating.
Reinsurers' capital recovers after cat losses
Total global reinsurer capital for the world’s 28 leading reinsurers has reached $445 according to the latest market figures.
Markel International A+ rating affirmed
Markel International Insurance Company and its syndicate 3000 have had their financial strength rating of A (Excellent) and issuer credit rating of a+ affirmed.
Quinn granted takeover approval in Ireland
The European Commission has cleared Liberty Mutual's proposed acquisition of the general insurance business of Quinn Insurance in Ireland.
Quinn gains takeover approval in Ireland
The European Commission has cleared Liberty Mutual's proposed acquisition of the general insurance business of Quinn Insurance in Ireland.
Post Magazine - 8 September 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Global reinsurance outlook no longer negative
Moody's Investors Service has changed the outlook on the global reinsurance sector from negative to stable reflecting the momentum for a hardening in reinsurance rates, a refocusing on the value of reinsurance, and the good risk management and discipline…
CEA appoints Jones as director of economics and finance
The CEA, the European insurance and reinsurance federation, has appointed Ageas head of group risk strategy Olav Jones as director of the body’s economics and finance division.
Insurance-linked securities market poised for continued growth
The market for insurance-linked securities is poised for continued growth according to Swiss Re.
European insurers with US APH liabilities face solvency scrutiny
European insurers that hold US Asbestos Pollution and Health Hazard liabilities will be subject to greater scrutiny of their financial accounting according to new research.
Prima completes €1.4m funding
Prima Solutions, software provider for life, P&C, large commercial risks and reinsurance Software, has completed a €1.4m round of funding.
Hurricane Katia may threaten US
Hurricane Katia, was today given ‘hurricane status’, but it is too early to tell whether will threaten communities in the Caribbean, Bermuda or in the US, according to early reports from Risk Management Solutions.
Tryg invests in African renewables
Danish insurer Tryg has invested DKK50m (€6.7m) in a Danish investment fund which aims to boost the development of renewable energy in the southern part of Africa.
BIS Countdown - Patrick Snowball: A hostile climate
Faced with unsettled stakeholders and challenging operating environments, Patrick Snowball argues insurers must still prove they can lead reform from the front.
Brit motor boss warns haulage firms over EU regulation
Haulage companies in the UK have been warned they must increase uptake levels in the new EU-wide regime of driver certification of professional competence or else face "devastating ramifications”.
Post Magazine - 1 September 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Governments leveraging private insurance skills
More governments are leveraging private insurance skills and the growing capacity of the sector to cover catastrophe losses as well as a wide range of other risks, according to Swiss Re in its latest sigma research publication.
Essex broker rebuffed by Qmetric over Primo name - Insurance News Now
Post senior reporter Amy Ellis outlines this week's major general insurance stories which include an Essex based insurance broker lodging a formal complaint against Qmetric for using the Primo trading title which it claims was its brand name first.
Hurricane Irene could cost insurers as much as $6bn
Catastrophe modeling firm Air Worldwide estimates insured losses from Hurricane Irene to onshore properties in the US will be between $3bn and $6bn.
Willis develops nuclear exclusion risk cover
Willis Group Holdings has developed insurance to cover business interruption costs for companies with key locations, suppliers or customers situated in the vicinity of a nuclear power station.
GCube increases capacity to $680m for wind and solar projects
GCube has increased its underwriting capacity to $680m for wind energy and solar projects worldwide.
BIS Countdown - Michael Tripp: From the heart
Charities are refocusing their efforts and business models away from simply relying on donations and towards building mutually advantageous partnerships with businesses. Michael Tripp asks whether the insurance industry can share their vision.
Post Magazine – 25 August 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.