Europe
Kiln opens Frankfurt office
Kiln has launch a new German office based in Frankfurt.
MSIG announces three appointments
Mitsui Sumitomo Insurance Underwriting said that as part of an ongoing strategic development programme in the UK and Europe, is has made three new senior appointments in PI, business planning and reinsurance.
European legislators cautious over legal liability expansion
Recent legislative developments across Europe reveal a level of conservatism among legislators who are cautious over the pace at which legal liability should expand in Continental Europe.
Lloyd’s moves underwriting room to Dublin for industry event
Lloyd’s recreated its underwriting room in the Dublin Convention Centre for ‘Meet the Market’ day, the first event of its kind in Ireland.
S&P: Capital balance must be struck
Mark Coleman, analyst at Standard & Poor's, has told Reinsurance that while the ratings agency encourages strong capital reserves, there is a balance that must be struck.
PWC: Expect more solvent schemes
At the Monte Carlo rendez-vous, Pricewaterhouse Coopers told delegates it expects the number of insurers and reinsurers entering solvent schemes to grow.
Quinn: sale "not impacted" by UK decision
Quinn has responded to the Central Bank and Financial Regulator’s decision today not to allow its insurance business to re-enter the UK commercial lines market.
Quinn refused re-entry to UK commercial market
Quinn Insurance will not be allowed to re-enter the UK commercial lines market following a decision by the Irish Regulator and Central Bank.
Glacier Re CFO resigns
Glacier Reinsurance has appointed Andreas Zdrenyk to the position of chief financial officer with immediate effect.
AM Best upgrades Scor rating
AM Best Europe has upgraded the financial strength rating to A (Excellent) from A- (Excellent) and the issuer credit ratings to 'a' from 'a-' of Scor and its subsidiaries.
GC launches global P&C report
Despite spiralling losses, global reinsurance rates generally declined through the 2010 reinsurance renewals, according to Guy Carpenter.
Lloyd's chief calls on industry to engage with regulators
Lloyd’s chief executive Richard Ward has called for the reinsurance industry to take active role in regulatory debate.
WCM appoints independent non-executive
Lloyd’s managing agent, Whittington Capital Management, has appointed Jim Ramage as an independent non-executive director.
Hannover Re to "benefit" from Solvency II
Property and casualty reinsurance market pricing continues to soften according to Hannover Re, but prices and conditions are for the most part still acceptable.
AIR updates European cyclone model
Catastrophe risk modelling firm AIR Worldwide has released an update to its extra tropical cyclone model for Europe.
An overview of the Bulgarian general insurance market
Motor insurance is the engine that pulls forward the insurance business in Bulgaria but, as Kalin Dimitrov reports, there is huge potential for the market to develop in many other areas.
Quinn defends underwriting loss
Draft unaudited accounts show Quinn Insurance underwriting losses of €127m on in 2009 and a write-down of certain assets of €677m.
“Uncontrolled growth” threatening Baltic Sea, RSA warns
RSA has warned of the dangers of exploitation and poor management, as competition for space and resources in the Baltic Sea increases.
Crawford marks training successes
Crawford & Company's bespoke MBA training programme for future business leaders has produced its first 15 graduates.
Quinn Insurance losses hit €788m
Quinn Insurance has reported that it made a loss of €788.4m for the last year.
Exclusive Bulgarian insurance review now available
In our latest article the manager of Insurance.bg Kalin Dimitrov takes an in-depth look at the Bulgarian general insurance market.
Swiss Re evolves Cargo Cat Sim tool into marine
Swiss Re is to develop its Cargo Cat Sim tool for use across its marine book of business.
Irish regulator fines insurance firms
The Financial Regulator has fined two Dublin-based insurance businesses €26 600 in relation to a breach of regulatory requirements.
Trade credit rates fall as capacity grows
New insurance capacity, increased insurer competition and improved risk management have led to positive developments for buyers of trade credit insurance across most of Europe, according to Marsh.