Europe
Generali completes sale of Dutch subsidiary
Generali has completed the sale of its entire shareholding in Generali Nederland to ASR Nederland.
CNA Hardy's Dave Brosnan on bumps in the road as businesses go global
Boards shouldn't turn their attention away from corporate, compliance and supply chain risks, warns Dave Brosnan, CEO of CNA Hardy Europe.
JLT bolsters European cyber practice with Schouteren hire
JLT Specialty has bolstered its cyber practice in continental Europe with the appointment of former Aon cyber lead Sjaak Schouteren.
R&Q Malta receives A- rating
R&Q’s European subsidiary has received an A- rating from AM Best.
Analysis: Product recalls: Bringing it back
Whether it’s a tumble dryer that catches fire or baby milk that’s contaminated with salmonella, an increase in safety concerns is putting product recall insurance in the spotlight. With the frequency and severity of claims on the up, there are concerns…
Liiba chair calls for contract continuity post-Brexit
Contract continuity and cross-border market access will be essential post-Brexit, the London & International Insurance Brokers' Association chair said in a speech in Europe.
Volvo to launch autonomous cars in 2021
Volvo is “fairly confident” it can start selling autonomous vehicles to individual drivers in 2021, a conference heard.
EC report recommends adapting Solvency II
The European Commission and Insurance Europe have welcomed a report that suggests adapting Solvency II to facilitate sustainable investment.
Analysis: Sustainable insurance - in it for the long run
European insurers are gearing their investment strategies towards sustainable ventures.
London market training goes international
The Lloyd's Market Association will begin offering a range of technical programmes and courses internationally.
Chubb appoints Ignacio Borja as country president, Spain and Portugal
Chubb has appointed Ignacio Borja as country president, Spain and Portugal, subject to regulatory approval.
Helvetia appoints Schurter as chair
Doris Russi Schurter has been appointed as the new chairwoman of the board at Swiss insurer Helvetia.
Analysis: A changing investment climate
Insurers are increasingly finding themselves under pressure on three fronts when it comes to climate change – as underwriters, as major investors and as large employers with their own substantial carbon footprints. That pressure is about to intensify.
GPI launches legal claim to recover £1m from Lloyd’s broker
Exclusive: An insurer has launched a legal petition to wind-up a Lloyd’s broker, over an unpaid claim of almost £1m.
QBE to miss 2017 COR target and fall to loss after "challenging year"
Australian giant QBE is expecting a combined operating ratio of 104% and $1.2bn (£858m) loss for 2017's financial year.
Beazley continues European expansion
Beazley has bolstered its specialty lines teams Munich, Paris and Barcelona as it continues to target European growth.
Insurtech launches travel insurance for people with serious illnesses
Bought by Many has launched European travel insurance for people with serious health conditions like cancer.
Blog: Brexit could leave motor insurers without room for manoeuvre
British drivers who have a car accident in the European Union can currently seek redress through UK courts but Brexit could change that. Mark Hemsted, partner at Clyde & Co, lists the points to keep an eye on.
Global run-off market 'extremely buoyant' at $730bn in 2017
The value of the global non-life discontinued business market exceeds $700bn, according to research from PWC.
Lloyd's to open Brussels hub in January 2019
Lloyd's will open its Brussels unit by January next year, according to reports.
Branch or subsidiary? How UK and EU insurers can passport after Brexit
The loss of passporting will be a major challenge for insurers after the UK leaves the European Union. Steven McEwan, partner at Hogan Lovells, looks at some of the options available.
Storm Eleanor will cost European insurers over €1bn, says AIR Worldwide
Catastrophe modeling firm AIR Worldwide has estimated between €1.1bn (£980m) and €1.6bn of insured losses from winter storm Eleanor.
Crawford's Muress to head Sedgwick's international division
Ian Muress has joined Sedgwick as CEO of international operations.
Hyperion targets emerging markets and Lat Am with $300m in reserve
Hyperion Group is entering 2018 with a $300m (£223m) war chest to play with, the group’s chief financial officer has said.