Europe
Analysis: Energy risks: negative energy?
The insurance industry is worried about the energy sector. This already complicated and fragmented industry is getting more complex, especially with pressure from governments to increase production from renewable sources, just as the risks it faces are…
ABI calls on EIOPA to address 'flawed' risk margin
The Association of British Insurers has called on the European Insurance and Occupational Pensions Authority to address the "flawed" Solvency II risk margin.
JLT outlook remains confident as headwinds fail to hamper results
Insurance and reinsurance provider JLT does not expect the recent wave of natural disasters to affect its full year out-turn and believes it will deliver organic revenue growth for 2017.
Irish regulator seeks Brexit contingency plans from insurers
Ireland’s insurance regulator has raised concerns over contingency planning of the sector in the run-up to Brexit.
Analysis: Pandemic bonds
Pandemics bonds have launched, with the help of the insurance market, to channel surge funding to developing countries dealing with a disease outbreak.
Japanese insurer to establish Brexit base in Luxembourg
Japanese insurer Aioi Nissay Dowa is restructuring its European operations in preparation for Brexit.
Charles Taylor appoints Glyn Symonds as director of operations
Charles Taylor Adjusting has appointed Glyn Symonds as director of operations for its new Marseille office.
RSA appoints Jeroen den Tex as commercial director for Europe
RSA has appointed Jeroen den Tex as commercial director, Europe.
Spotlight: Drones: Taking flight
Fast food and parcel deliveries by drones seemed a fantasy just a couple of years ago but it is now close to reality. Wherever you look, they are in the air. They are being flown by leisure users, the French police, UK lifeboats, Indian railways, oil rig…
Townsend to rejoin AIG
Industry veteran Chris Townsend is to rejoin AIG in a newly created role as CEO, international general insurance.
Final loss estimate for Italian October earthquakes pegged at £185.8m
Perils has updated its loss estimate for Italy’s October earthquakes from €125m (£111.7m) to €208m (£185.8m).
International: Trade credit demand is up
European political instability and financial regulations are pushing demand for trade credit cover, especially from banks that are keen on optimising their capital.
RMS appoints former Swiss Re chief Ludger Arnoldussen
Risk modelling firm RMS has appointed Dr Ludger Arnoldussen as a senior managing director within its client service organization.
Brexit places £7.38bn in London premium income at risk
A third of total premium across the whole London company market could be affected as a result of Brexit, a report has warned.
Neon launches Italian underwriting venture
Neon has launched an underwriting operating in Italy with Cambiaso Risso, who will have a minority shareholding in the venture.
Zurich's Guy Miller on climate change
Guy Miller, head of macroeconomics at Zurich, looks at the risks associated with extreme weather and anti-climate change initiatives.
European Commission urged to delay Insurance Distribution Directive
The ECON committee of the European Parliament has called on the European Commission to delay the application of the Insurance Distribution Directive.
BP Marsh sees profits double from asset sales
Insurance-sector investor BP Marsh saw profits more than double to £10.2m in the six months to 31 July.
FERMA 2017: Risk managers ‘frustrated’ that insurance isn’t evolving fast enough
The president of the Federation of European Risk Managers Associations has voiced members' feelings of dissatisfaction that their insurers are not keeping up with the fourth industrial revolution.
FERMA 2017: Charismatic leaders could be a firm’s biggest risk
Risk managers have been urged to recognise that business leaders can be a firm’s biggest risk.
EMEA organisations falling behind on cyber insurance spend
Organisations spend on average four times more on insuring physical damage, such as property, plant and equipment insurance, than they do on insuring information assets.
Gianmarco Tosti to head up Italian business of Willis Towers Watson
Willis Towers Watson has appointed Gianmarco Tosti as head of its Italian business, having held senior positions within the business since 2006.
Irwin named regional head at WTW
Willis Towers Watson has named Neil Irwin as head of the Central and Eastern Europe, Middle East, and Africa region.
Darag appoints Tullio Ferrucci as CEO of its Italian business
European run-off insurer Darag has appointed Tullio Ferrucci as CEO of its Italian business, following the acquisition of Ergo Assicurazioni last year.