Europe
Post Europe: Joining up the approach to weather in the Balkans
Weather related catastrophes are common in the Balkans but there is a perception there that the government will always be on hand to help. However, as Sam Barrett explains the only way forward is to create and develop a market to enable the transfer of…
Insurance Insight May: Exclusive legal expense and ADR content now live
Insurance Insight May is now live with a look what impact the European Commissions proposals for consistence on alternative dispute resolution will have; how the Balkan region deals with weather related catastrophes; and how Italy’s legal expense market…
ADR generates mixed views
The European Commission looks set to impose some consistency among the patchwork of alternative dispute resolution systems that currently exist. Vic Wyman assesses what this will mean for the European insurance market.
Joining up the approach to weather in the Balkans
Weather related catastrophes are common in the Balkans but there is a perception there that the government will always be on hand to help. However, as Sam Barrett explains the only way forward is to create and develop a market to enable the transfer of…
Legal opportunities in Italy
Italy has a strong history of legal expenses insurance and despite the recession this sector has faired well. Giovanni Nenz explains why the product still has much to offer.
Moody's comments on Solvency II QIS5 capital adequacy results
Moody's Investors Service said that the results of the fifth Quantitative Impact Study suggest that most European insurers will be able to transition to the new Solvency II regime without the need to raise capital, as capital levels exceed the solvency…
Moody's comments on Solvency II QIS5 capital adequacy results
Moody's Investors Service said that the results of the fifth Quantitative Impact Study suggest that most European insurers will be able to transition to the new Solvency II regime without the need to raise capital, as capital levels exceed the solvency…
Nat-cats add 42 points to Markel International combined ratio
Markel International has reported that natural catastrophes in the first quarter of 2011 contributed to a deterioration in its combined ratio to 152%, compared to 109% for the same period of 2010.
Nat-cats add 42 points to Markel International combined ratio
Markel International has reported that natural catastrophes in the first quarter of 2011 contributed to a deterioration in its combined ratio to 152%, compared to 109% for the same period of 2010.
Barral succeeds Riley as Aviva UK commercial director
Cathryn Riley has been appointed chief information officer of Aviva and has also joined the insurer's group executive committee.
Barral succeeds Riley as Aviva UK commercial director
Cathryn Riley has been appointed chief information officer of Aviva and has also joined the insurer's group executive committee.
Axa reports UK GI revenue of €916m
Axa's UK and Ireland-based property & casualty business reported €916m revenue in the first quarter of the year.
Axa reports UK GI revenue of €916m
Axa's UK and Ireland-based property & casualty business reported €916m revenue in the first quarter of the year.
Swiss Re reports net loss of $665m
Swiss Re has reported a net loss of US$665m for the first quarter of 2011, compared to a profit of US$158m recorded in the same period of 2010.
Zurich profits fall 33% in Q1 as it suffers $517m nat cat loss
Zurich Financial Services Group (Zurich) today reported a 33% drop in business operating profit of $849m (Q1 2010: $1.3bn) and a 32% drop in net income after tax of USD $637m (q1 2010: $935m) for the three months ended March 31, 2011.
Swiss Re reports net loss of $665m
Swiss Re has reported a net loss of US$665m for the first quarter of 2011, compared to a profit of US$158m recorded in the same period of 2010.
Zurich profits fall 33% in Q1 as it suffers $517m nat cat loss
Zurich Financial Services Group (Zurich) today reported a 33% drop in business operating profit of $849m (Q1 2010: $1.3bn) and a 32% drop in net income after tax of USD $637m (q1 2010: $935m) for the three months ended March 31, 2011.
Editor's comment: tying the knot
The rest of the world may remain obsessed by romance or reactionaries but the UK insurance industry has unveiled its own all-consuming love affair this week. Acquisitions abound in the headlines and bullish talk is nothing short of bountiful.
Interview - Ash Bathia: building the profitability platform
QBE Europe kept competitors on their toes as it built the business and branched out. Underwriting boss Ash Bathia tells Mairi MacDonald where his sights are now set.
Post history - 30 years ago: Sun Alliance makes return to Austria
Looking through Post’s back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 30 years ago reveals.
Irish brokers wary of Quinn business model after takeover
Uncertainty remains over the business model of the former Quinn Insurance, following its takeover by Liberty Mutual and Anglo Irish Bank, according to Irish brokers.
QBE sets sights on $5bn PCM target
QBE Europe's property, casualty and motor division has set its sights on becoming a $5bn (£3.03bn) business by the end of 2015. Ash Bathia, PCM chief underwriting officer, said the business is growing from its current premium level of $2.7bn, while still…
Post magazine – 5 May 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Allianz UK business confirms 2012 rebranding deadline
Mondial Assistance in the UK is to become Allianz Global Assistance by the end of 2012, it announced today.