Europe
Blog: So what will Brexit mean for insurance claims staff?
Following the UK electorate’s vote to leave the European Union, there has been a lot of crystal ball gazing as to what it might mean for the insurance industry.
Europe: The run-off opportunity
The $250bn (£175bn) European insurance run-off market is now big business.
Q&A: Axel Theis, Allianz
As member of the Allianz SE board of management, responsible for global insurance lines, Anglo markets and Russia, Axel Theis is a busy man. Post caught a few moments during a brief trip to London to find out what's in store for this global company.
Guernsey is inviting insurers to relocate from Brexit UK
Guernsey is carrying out a strategic review into how it can become a “more important player” as an international insurance hub.
Europe: Crewless ships ready to sail
Could crewless ships be docking somewhere near to you anytime soon? It is beginning to look like it.
Blog: The impact of Brexit on the insurance industry
The UK has voted to leave the EU. What will this mean for the insurance industry?
Tokio Marine Kiln looks at opportunities following underwriting restructure
Tokio Marine Kiln said it would offer a greater range of specialist policy lines following a restructure of its underwriting operation.
Clyde & Co opens new Dusseldorf office
Law firm Clyde & Co is expanding its European network with a new office in Dusseldorf through the hire of two leading insurance partners, Henning Schaloske and Dr Tanja Schramm and insurance counsel, Dr Daniel Kassing.
Europe: Getting ready for the General Data Protection Regulation
Insurers have two years to adapt to the European Union's General Data Protection Regulation, at least until the timetable and details of Brexit are clarified.
Zurich sells South Africa operations to Fairfax Financial
Swiss-headquartered insurance giant Zurich has sold its South Africa operations to Toronto-headquartered Fairfax Financial Holdings for an undisclosed sum.
S&P warns on offshore reinsurers using hedge fund strategies
Ratings agency Standard & Poor's is concerned there could be "carcasses on the side of the road" for offshore reinsurers using hedge fund strategies.
Arthur J Gallagher acquires 85% of Brim AB
Arthur J Gallagher has acquired an 85% stake in Swedish specialist insurance and reinsurance broker Brim AB.
Brexit will provide opportunities for insurers in Malta and UK, Building Block Insurance say
The historic relationship between Malta and the UK will provide opportunities for insurance businesses following Brexit, Maltese insurer Building Block has said.
Editor's comment: Insurers have a major part to play
Speaking to Association of British Insurers’ members at his outgoing dinner last month, chairman Paul Evans said the organisation had never been “more relevant to its members” and “the work, focus and voice of the ABI is directed by its members, for its…
Government to cut corporation tax to 15% following Brexit
The government will cut corporation tax to 15% in order to persuade businesses to remain in the country following the Brexit vote.
Gable requests suspension from stock market
Unrated insurer Gable has requested temporary suspension from the AIM stock market until the publication of its annual report.
Markerstudy meets Gibraltar regulator over Brexit concerns
Markerstudy has met with the Gibraltar Financial Services Commission to discuss the implications of a Brexit.
Consumers call on insurance providers to simplify digital self-service
Consumers want insurance providers to make digital self-service easier, research from BT and Avaya has revealed.
Europe: Motor tops complaints and Rosgosstrakh tops the rankings for fines in Russia
The prospects of the insurance market don't look bright in Russia, where dissatisfaction with motor policies is growing, Rosgosstrakh is topping the national fines ranking, and the Central Bank has expressed concerned over the quality of assets of one in…
Brexit provides opportunity to overturn ‘dreadful’ Solvency II
Leaving the EU will mean that the UK can abandon the “absolutely dreadful” Solvency II regime, the former head of the civil service told MPs.
Helvetia names new CEO as Stefan Loacker steps down
Helvetia Group CEO Stefan Loacker is stepping down after nine years in the position.
MGA looking to redomicile to Ireland following Brexit vote
A Kent-based intermediary has said “all options are open” following a Brexit vote, as its parent company CBL Insurance said the firm could redomicile to Dublin.
Aviva upgraded after insurer moves to quell investor concerns post Brexit vote
Investment adviser Macquarie has lowered its price target for Aviva to 442p from 502p and upgraded the stock to 'outperform' from 'neutral' following the UK’s vote to leave the EU last week.
New passporting agreement with EU ‘will be straightforward’
Brexit will have little impact on the financial services sector and a workable agreement with the European Union will be “straightforward”, according to Managing Partners Group.