Europe
S&P revises its outlook on Dutch insurer Eureko
Standard & Poor's has revised to stable from negative its outlook on the core operating entities and the holding companies of Netherlands-based multiline insurer Eureko Group.
Munich Re begins to spend €2.5bn energy investment pot
Munich Re, via its asset manager MEAG, has concluded a significant investment deal involving wind power plants in Germany.
Munich Re begins to spend €2.5bn energy investment pot
Munich Re, via its asset manager MEAG, has concluded a significant investment deal involving wind power plants in Germany.
Admiral launches French direct insurer L'Olivier
Admiral today announced that its direct insurance operation in France, L'Olivier (Olive Tree), launched today from its offices in Paris.
Admiral launches French direct insurer L'Olivier
Admiral today announced that its direct insurance operation in France, L'Olivier (Olive Tree), launched today from its offices in Paris.
Fitch has negative outlook for Russian insurer
Fitch has affirmed OJSC Rossiya Insurance Company's Insurer Financial Strength (IFS) rating at 'B-' and national IFS ratings at 'BB-(rus)' and removed the ratings from rating watch negative. The outlook for both ratings is negative.
Fitch has negative outlook for Russian insurer
Fitch has affirmed OJSC Rossiya Insurance Company's Insurer Financial Strength (IFS) rating at 'B-' and national IFS ratings at 'BB-(rus)' and removed the ratings from rating watch negative. The outlook for both ratings is negative.
Ceiops warns of challenging times for underwriters if low yields continue
The Ceiops second bi-annual 2010 financial stability report has found that most insurers have solvency margins that allow for additional shock absorption capacity.
Ceiops warns of challenging times for underwriters if low yields continue
The Ceiops second bi-annual 2010 financial stability report has found that most insurers have solvency margins that allow for additional shock absorption capacity.
Hannover Re sells $200m Clarendon
Reinsurer Hannover Re has sold US subsidiary Clarendon Insurance Group to Bermuda-based company Enstar for $200m (£129m).
Hannover Re sells $200m Clarendon
Reinsurer Hannover Re has sold US subsidiary Clarendon Insurance Group to Bermuda-based company Enstar for $200m (£129m).
Aviva renews Italian bancassurance deal
Aviva and UBI Banca, the fifth largest banking group in Italy, have announced the renewal of a strategic partnership until the end of 2015.
Aviva renews Italian bancassurance deal
Aviva and UBI Banca, the fifth largest banking group in Italy, have announced the renewal of a strategic partnership until the end of 2015.
Tawa swoops for Oslo Re UK run-off business
Tawa has entered into a share purchase agreement to acquire 100% of the issued shares of Oslo Reinsurance Company (UK) from Oslo Reinsurance Company AS for a consideration of £4m.
Tawa swoops for Oslo Re UK run-off business
Tawa has entered into a share purchase agreement to acquire 100% of the issued shares of Oslo Reinsurance Company (UK) from Oslo Reinsurance Company AS for a consideration of £4m.
Zurich enters into general insurance distribution deal with Fortis
Zurich's Turkish subsidiary, Zurich Sigorta has signed an agreement with Fortis Bank AS for the exclusive distribution of general insurance products through Fortis in Turkey.
Zurich enters into general insurance distribution deal with Fortis
Zurich's Turkish subsidiary, Zurich Sigorta has signed an agreement with Fortis Bank AS for the exclusive distribution of general insurance products through Fortis in Turkey.
Guy Carpenter and Willis join forces with Aon for oil liability consortium
Guy Carpenter and Willis Re are working alongside Aon Benfield as placement advisors to a new sudden oil spill consortium, which aims to deliver larger liability limit coverage for deepwater drilling in US waters.
Guy Carpenter and Willis join forces with Aon for oil liability consortium
Guy Carpenter and Willis Re are working alongside Aon Benfield as placement advisors to a new sudden oil spill consortium, which aims to deliver larger liability limit coverage for deepwater drilling in US waters.
Bruce Stevenson wins Ofgem contract
Edinburgh-based insurance broker Bruce Stevenson Risk Management has been appointed to work with Ofgem as part of the UK government’s support for offshore wind generation.
Bruce Stevenson wins Ofgem contract
Edinburgh-based insurance broker Bruce Stevenson Risk Management has been appointed to work with Ofgem as part of the UK government’s support for offshore wind generation.
Ceiops and CEBS publish FCD recommendations
The Committee of European Banking Supervisors and the Committee of European Insurance and Occupational Pensions Supervisors have published their recommendations for the supplementary requirements of the Financial Conglomerates Directive.
Ceiops and CEBS publish FCD recommendations
The Committee of European Banking Supervisors and the Committee of European Insurance and Occupational Pensions Supervisors have published their recommendations for the supplementary requirements of the Financial Conglomerates Directive.
Earthquakes top reinsurance losses in 2010 according to Guy Carpenter
The earthquakes that devastated parts of Chile and New Zealand were the largest source of losses in 2010, costing the reinsurance industry $8bn (£5.07bn) and $4bn respectively, according to a new report by Guy Carpenter & Company.