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Europe

Unrated German firm Berliner in default

The Financial Services Compensation Scheme is discussing the failure of German insurer Berliner with its liquidator after it was declared to be in default on 28 August 2015.

Chemical or nuclear terrorism covered by Pool Re

Pool Re CEO Julian Enoizi said the government-backed terrorism reinsurance scheme would be ready to respond to biological or chemical attacks, after French prime minister Manuel Valls raised concerns about such incidents on French soil.

Cobra UK and Ireland finalises MBO

Insurance broker Cobra UK and Ireland has finalised a management buyout, with the company to trade under its previous name, UK and Ireland Insurance Services.

Generali Innovation Challenge winner revealed

Generali Group, in collaboration with Microsoft, has announced the results of the first Generali Innovation Challenge, a project dedicated to start-ups responding to insurance-related challenges through innovative new ideas.

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