Europe
CNA Hardy appoints Middleton as CEO of Luxembourg hub
CNA Hardy has named Stuart Middleton as CEO of their Luxembourg subsidiary.
Swiss insurtech Go Flink gears up for relaunch
Swiss insurtech start-up Go Flink is to relaunch and release a range of new products to distribute worldwide.
Russia: Rosgosstrakh debacle sees increased government involvement in insurance
Government involvement in the Russian insurance sector is increasing as the country's largest private bank was placed under administration after acquiring failing insurer Rosgosstrakh.
Solicitors PI market takes off in Italy
The recent introduction of compulsory insurance requirements for Italian law firms is yet another milestone for the country’s rapidly growing professional indemnity insurance market, explains Massimiliano Colombo, regional underwriting manager at QBE…
Allianz buys European units of Das for €38m
Allianz will buy European business subsidiaries of legal protection insurance provider Das for €38m (£33.6m).
Munich Re covers Easyjet for flight cancellation
Munich Re and Easyjet have teamed up on a flight cancellation insurance product.
Millions of travellers being encouraged to fake illness, says ABTA
Almost 10 million Britons have been approached about making a compensation claim for being sick while on holiday, according to the Association of British Travel Agents.
Euler Hermes cuts cover for New Look
Euler Hermes has reportedly stopped offering cover on new shipments of goods to ailing retailer New Look.
M&A values up 170% as priority turns to capital optimisation
Merger and acquisition activity rebounded in 2017 with completed deal values increasing 170% in the first half of the year, according to Willis Towers Watson.
This month in Post: Power, transformation and the rise of the machines
This month, Post casted a musing eye over the year ahead. With Brexit negotiations still waging, the new General Data Protection Regulation coming into effect and Ogden reforms still looming over the industry, 2018 is set to be a busy year.
Perils revises Xavier loss estimate
Cyclone Xavier, which hit Germany in October last year, is estimated to have cost insurers €325m (£289m).
PCS to launch terrorism risk model
Property Claim Services is to launch a specialty lines loss aggregation solution for terror in the first quarter of 2018.
Beazley partners with Just Travel Cover on traveller terrorism fears
Beazley and Just Travel Cover have joined forces to cover travel disruption caused by an act of terrorism.
Markerstudy plans growth as MGA following Qatar Re sale
Markerstudy will expand into the London market as a managing general agent following the sale of its insurance business to Qatar Re.
Qatar Re to acquire Markerstudy's Gibraltar-based insurance companies
Qatar Reinsurance Company Limited has signed a deal to buy Markerstudy’s Gibraltar-based insurance companies, subject to regulatory approval.
Temp Cover to expand into Europe following MBO
Exclusive: Temp Cover is looking to expand into Europe following its £13.3m management buyout.
R&Q acquires Guernsey captive for £1.5m
R&Q has acquired Guernsey-based captive insurer Constantia Insurance Company, which is currently in run-off period from Old Mutual.
Post Power List 2018: Michel Barnier
Head of Brexit negotiations, European Union
Post Power List 2018: GAFA
Google, Apple, Facebook and Amazon
Post Power List 2018: Tulsi Naidu
UK CEO, Zurich Insurance
Post Power List 2018: Richard Pryce
CEO, QBE European Operations
Post Power List 2018: Andrew Kendrick
Senior vice-president of group and president for Europe, Chubb
Post Power List 2018: Isabelle Goubin
Chair, Commissariat aux Assurances (Luxembourg)
Analysis: The new Brexit landscape
Insurers look for alternative bases