Europe
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
Aviva's Maurice Tulloch on the race to sustainability
Maurice Tulloch, CEO of international insurance at Aviva, explains why and how the industry should encourage a global race to sustainability.
EU insurers to be granted UK access after Brexit
European insurers operating in the UK will be able to continue to do so even after Brexit, according to plans outlined by the Prudential Regulation Authority.
Relief as IDD deadline extended by seven months
Insurers have received an early Christmas present in the form of a proposed delay of seven months to the implementation of the Insurance Distribution Directive.
Allianz invests $96.6m in emerging market insurtech
Allianz has invested $96.6m (£72.3m) in emerging market insurtech Bima.
Compre buys legacy books from Generali
Compre has acquired two books of business in total worth €300m (£264m) from Generali.
Legal Update: Conflicts of interest in the insurance distribution chain
As they prepare for the Insurance Distribution Directive, insurers and brokers need to be wary of conflicts of interest, which the Financial Conduct Authority has been monitoring closely, explain Roseyna Jahangir and Juanita Morrison, associate and…
VIG bolsters market share with Seesam acquisition
Vienna Insurance Group has acquired Estonia-based Seesam Insurance.
Chubb names Church as international property head
Chubb has named Brian Church executive vice president and head of international property for Chubb’s overseas general business, effective 1 January 2018.
Navigators secures market access through Belgian acquisitions
Navigators has purchased two Belgium-based businesses in a €35m deal which it hopes will allow continued access to the European market after Brexit.