Europe
Solvency II to impact EU captive industry
The looming implementation of Solvency II will change the market environment dramatically for captive insurers according to recent research.
HSBC extends Aviva partnership until 2016
HSBC has extended its general insurance partnership with Aviva. The insurer is one of HSBC’s preferred strategic partner in the UK and Europe.
HSBC extends Aviva partnership until 2016
HSBC has extended its general insurance partnership with Aviva. The insurer is one of HSBC’s preferred strategic partner in the UK and Europe.
S&P downgrades Groupama IFS rating
The insurer financial strength rating of Groupama has been downgraded from ‘A-‘ to ‘BBB+’ by Standard & Poor’s because of its “material exposure to Greek government bonds”.
ALC Health increases cover to reflect increased global costs
As part of a review of ALC Health’s Prima range of international medical insurance plans, the company has increased the annual limits of its Premier, Classic and Ibérica plans and has also increased the cover benefits provided for organ transplants and…
S&P downgrades Groupama IFS rating
The insurer financial strength rating of Groupama has been downgraded from ‘A-‘ to ‘BBB+’ by Standard & Poor’s because of its “material exposure to Greek government bonds”.
ALC Health increases cover to reflect increased global costs
As part of a review of ALC Health’s Prima range of international medical insurance plans, the company has increased the annual limits of its Premier, Classic and Ibérica plans and has also increased the cover benefits provided for organ transplants and…
Marsh solution to solar energy project financing
Marsh has developed an insurance contract that provides coverage for photovoltaic project companies and operators against default risk on long-term guarantees for modules by manufacturers.
Software firm issues Solvency II warning
Data management software company Cluster Seven has urged insurers to ensure they are accounting for spreadsheet risk in their implementation plans for Solvency II.
Marsh solution to solar energy project financing
Marsh has developed an insurance contract that provides coverage for photovoltaic project companies and operators against default risk on long-term guarantees for modules by manufacturers.
Software firm issues Solvency II warning
Data management software company Cluster Seven has urged insurers to ensure they are accounting for spreadsheet risk in their implementation plans for Solvency II.
Donaldson to join RSA group board in new role
Paul Donaldson is set to join RSA’s group executive board after being promoted to a new role at group level.
Donaldson to join RSA group board in new role
Paul Donaldson is set to join RSA’s group executive board after being promoted to a new role at group level.
Allianz supply boss to head group project
Dane Loosley, Allianz’s divisional claims manager supply and expert management, has been recruited to lead a supply and procurement project for Allianz SE.
Allianz supply boss to head group project
Dane Loosley, Allianz’s divisional claims manager supply and expert management, has been recruited to lead a supply and procurement project for Allianz SE.
Generali Q1 net profits up 16.8% to €616m
Italian insurer Generali has closed the first quarter of the year with strong growth in net profit to €616m (Q1 2010: €527m), driven operating profits in all three businesses: life, non-life and asset management.
Generali Q1 net profits up 16.8% to €616m
Italian insurer Generali has closed the first quarter of the year with strong growth in net profit to €616m (Q1 2010: €527m), driven operating profits in all three businesses: life, non-life and asset management.
Ship owners facing increasing risks over charterers’ default
Ship owners are becoming increasingly concerned about the financial consequences of a rise in ship charterers filing for bankruptcy.
Europe: Dutch trading history paves the way for digital revolution
The Netherlands, one of the oldest established commercial and industrial insurance markets, is taking the lead in the digital transformation of the industry.
Post Europe: Insurance accounting rules and the impact on small insurers
The International Accounting Standards Board has finally issued a draft standard for the valuation of insurance liabilities, however, as Martin LePelley explains this may cause more problems than offer solutions.
Chubb Europe names risk management manager
Chubb Europe has appointed Jan Auerbach as European risk management manager.
Ship owners facing increasing risks over charterers’ default
Ship owners are becoming increasingly concerned about the financial consequences of a rise in ship charterers filing for bankruptcy.
Dutch trading history paves the way for digital revolution
The Netherlands, one of the oldest established commercial and industrial insurance markets, is taking the lead in the digital transformation of the industry.
Insurance accounting rules and the impact on small insurers
The International Accounting Standards Board has finally issued a draft standard for the valuation of insurance liabilities, however, as Martin LePelley explains this may cause more problems than offer solutions.