Europe
FSA bans insurance trio for fraud act
The Financial Services Authority has today banned Timothy Higgins, Clifford Felstead and Ralph Brunswick from working in regulated financial services.
APC product hits Irish market
APC has begun writing business in the Republic of Ireland with the launch of its first product, which is aimed at shopkeepers.
Post in print – 8 July 2010
Post deputy editor Lynn Rouse summarises the major news headlines from tomorrow’s issue of Post.
Chaucer agrees Norwegian deal
Chaucer has formed a new energy partnership with Scand Ins - the Scandinavian Insurance Management Company.
Commission has listened to industry concerns
Tamsin Abbey, life insurance partner at Deloitte comments on the final QIS5 specification released by the European Commission yesterday.
Lloyd's credit rating affirmed by AM Best
AM Best has affirmed the financial strength rating of A (Excellent) and issuer credit ratings (ICR) of “a+” of Lloyd’s of London and Lloyd’s Reinsurance Company (China).
Chartis UK commercial boss takes up French role in shake-up
Chartis Europe SA has appointed five new general managers following the announcement earlier today of its restructure.
Chartis UK MD unveils his new team
Chartis Insurance UK has unveiled a series of appointments as part of the wider changes within Europe.
Chartis confirms London will be base for restructured European operation
Chartis today announced its new structure for the European Economic Area countries and Switzerland.
S&P places Secura on credit watch
Standard & Poor's Ratings Services has placed its 'A' long-term counterparty credit and insurer financial strength ratings on Belgium-based reinsurer Secura NV, on credit watch with negative implications.
Tokio Marine to restructure to expand reinsurance and commercial property book
Tokio Marine, the global insurance group, has announced plans to expand its international reinsurance and large commercial property operations. It is also announcing the opening of new offices for reinsurance business in Switzerland and Australia.
QBE to acquire Belgian reinsurer
QBE has signed a share purchase agreement to acquire Belgian-based specialist reinsurer Secura for €267m.
Argo signals international push
Argo International has recruited Tony Cabot to support its active international growth strategy.
Ace boosts environmental risk team
Ace International has appointed Perrine Kalina to the new role of engineering coordinator and assistant underwriter in its environmental risk team.
Groupama outlines IPO timefame
Groupama is expected to float on the stock market in 2011 or 2012, according to its chief executive Jean Azema.
Insurance Insight - Mergers and Acquisitions – due diligence
The tough economic climate has put many European mergers and acquisitions on hold but despite a thaw being seen on the horizon David Perla explains due diligence is more important than ever when joining two firms.
Exclusive online interview: Michaela Koller
With the European insurance industry facing a time of increasing regulation and instability, Post Europe recently spoke to the director general of the CEA, the European insurance and reinsurance federation, about lessons to be learnt from banking,…
Galvin joins Ceiop's board
The Committee of Insurance and Occupational Pensions Supervisors has appointed two new managing board members Bill Galvin (United Kingdom, The Pensions Regulator) and Damian Jaworski (Poland, KNF).
Loss adjuster opens Swiss office with new hire
Charles Taylor adjusting has expanded its capabilities in onshore energy and industrial property claims adjusting with the appointment of Eric Capewell who will head up its new office in Geneva, Switzerland.
Insurance Insight July
Insurance Insight’s July edition is now live.
Insurance Block Exemption Regulation
The insurance block exemption has in the past helped European insurers to avoid competition issues. However, as Jakki May explains a recent tightening of the rules means insurers must put their practices under scrutiny.
Focus on Greece
The European insurance market is facing a tough economic climate but none more so than the Greek market with its government’s financial debt crisis. Edward Murray reports on how the industry is coping.
Insurance Insight Interview: Michaela Koller
The European insurance industry is facing a time of increasing regulation and instability. Jonathan Swift talks to the director general of the CEA, the European insurance and reinsurance federation, about lessons to be learnt from banking, Solvency II,…
Torus seals deal to "accelerate" European expansion
Torus has today completed the acquisition of Glacier Insurance AG from the Glacier Group.