Europe
Chartis appoints new HNW boss
Chartis has named Guy Huntley as manager of the UK arm of its high net worth business Private Client Group.
Exclusive trade credit content now available
Insurance Insight’s weekly update is now live with a look at the trade credit sector across Europe and a View from the Top that believes opportunities are very much alive in the European affinity markets.
EMEA trade credit market
The impact of the financial downturn across Europe is clear to see but even in this uncertain time trade credit has remained buoyant and the future for this market is looking rosy according to Tim Smith.
View from the Top: Affinity opportunities
Affinity business in Europe is a relatively untapped market. Despite the economic crisis reducing employment and travel, the long-term trends are very positive. With demand driven by an expanding middle class, increasing healthcare costs and low…
Rabobank and Eureko unveil new operating agreement
Rabobank and Achmea's parent company, Eureko, have announced plans to are to "intensify" their commercial alliance.
Russian government more focused on insurance and reinsurance
Insurance professionals have gathered at Willis to hear about the latest developments in Russian insurance law, at a seminar co-hosted by Clyde & Co as part of Russian Law Week.
Coface returns to positive growth
Coface has reported a return to positive growth in turnover over nine months at +1.9% at current structure, and at +0.6% at constant structure and exchange rates.
UK motor and energy rate rises boosts Chaucer's fortunes
Chaucer intends to grow its UK motor and energy portfolios next year as part of its plan to increase its income net of brokerage by 10% to £785.8 m.
Allianz names new market management chief
Allianz has appointed Brian Kirwan as regional head of market management and communication.
Kiln announces management changes
Kiln has announced the appointment of Ian Brimecome as chairman of Kiln Group, and Paul Hewitt as chairman of R J Kiln and Co.
Solvency II "finishing touches" underway
Lloyd's has claimed that European regulators are now putting the “finishing touches” to Solvency II, following a decade in the planning.
Fraudsters offer fake jobs at Lloyd's
Lloyd’s has issued a warning to job seekers after falling victim to a recruitment scam in which candidates are understood to have been asked to provide a fee in some cases.
Reputation of Ireland’s economy “not terminal”
Dan Mckeown, Ireland Manager at financial recruiter Marks Sattin, has commented on what a potential European Central Bank deal would mean for financial services jobs in Dublin.
Iprism valued at £50m as PE firm takes a stake - Post in print: 18 November 2010
Reporter Amy Ellis outlines the main news from this week's issue of Post, including how backing from a PE firm has led to Iprism being valued at £50m; Zurich coming under fire for 'bungled' staff consultation; Allianz's Andrew Torrance bemoaning new…
Zurich reiterates commitment to Spain despite $388m sale
Zurich has insisted it remains fully committed to Spain - and to its other bancassurance partners in the country - after agreeing to sell back to Unnim its 50% stakes in the life and general insurance bancassurance companies the pair jointly own.
Former Crawford VP to lead RMS European client charge
Risk Management Solutions has announced the appointment of Martin Weinthrop to the position of vice president of client development, Europe.
EU retreat on insurance VAT exemption reform
The European Union has announced that it is unlikely to push forward with the reform and simplification of the VAT exemption on insurance and the wider financial services industry.
Aspen UK's Swiss branch granted approval by regulator
Aspen Insurance Holdings today announced that the Swiss Financial Market Supervisory Authority approved Aspen Insurance UK, Zurich Insurance Branch, as an admitted direct insurer in Switzerland.
Pensions sector rejects EU Solvency II proposals
Proposals by the European Union to introduce Solvency II-style regime for pension funds have been rejected by the UK’s National Association of Pension Funds.
Norton Rose Group extends international footprint
Canadian law firm Ogilvy Renault and South African law firm Deneys Reitz will join Norton Rose Group on 1 June 2011, the legal practice has confirmed.
Markel Spain appoints accident and health underwriter
Markel has named Carlos Ballesteros as accident and health underwriter for its Spanish business.
Sagicor income falls to $33.4 m
Sagicor has recorded a drop in net income in the first nine months of the year to $33.4 m (£20.75 m) compared to $64.0 m in the same period in 2009.
Reinsurance aids Beazley's "modest" GWP growth
Beazley has reported that its gross written premium increased by two per cent to $1.35 bn (£840.7 m) in the first nine months of 2010 compared to the same period in 2009 (2009: $1.33 bn).
Postonline launches new mobile friendly web service
Post has launched a new mobile friendly version of its award winning website allowing subscribers to read all the latest news, views and analysis on their mobiles as well as search the full archive, post their own comments and much much more.