Europe
White House to warn climate change is already here
The National Climate Assessment, a report compiled by 300 leading scientists and experts, is set to reveal the US is already suffering from the affects of climate change.
ING offered €1.275bn of funding before insurance IPO
Dutch financial services firm ING Group has secured €1.275bn of funding in its European and Japanese insurance division NN Group from three Asian investors.
Willis appoints Everling as Netherlands boss
Willis has appointed Jeroen Everling as chief executive of Willis Netherlands effective from 1 June.
Liechtenstein-based Gable to write UK motor business
Gable Holdings has received approval to underwrite three classes of motor insurance in the UK.
Benelux gets telematics solution from Risk Technology
Telematics provider Risk Technology has partnered with insurance solutions company Chipin to launch a pricing usage based insurance and fleet telematics solution in the Netherlands, Belgium and Luxembourg.
Germany set for direct business expansion
German insurers are set to benefit from a boosted proportion of direct business, according to a report from Fitch.
Crawford makes third party administrator Broadspire global
Loss adjuster Crawford claims it has introduced the first 'truly global' third party administration service.
Europe: Ghost vessels
With the Russian cruise vessel M/V Orlova adrift in the Atlantic, the insurance implications of 'ghost vessels' are front of mind
Turkey in general insurance turnaround, says Fitch
The Turkish general insurance market made a profit of $357m (€260m) in 2013 after four years of poor results.
Interconnected cyber risks could cause global crisis
Organisations must improve their response to cyber risks if they are to avoid a global shock similar to the 2008 financial crisis, insurer Zurich has warned.
Catastrophes 'manageable' as global reinsurers post solid profits
Global reinsurers posted solid underwriting gains in 2013, as catastrophe-related losses were manageable and loss reserve development remained favorable, according to Fitch.
CMC launches global insurance consultancy
CMC Insurance, a global consultancy aiming to rival the big four in the insurance and reinsurance space, has been launched by the team behind banking consultancy CMC Europe.
Europe: International Product Recall
Food contamination issues can be extremely serious - and even if it happens in a country many thousands of miles away, news travels fast, which could mean bigger insurance implications for the companies involved.
Ferma prepares to launch benchmarking survey
The Federation of European Risk Management Associations will launch its benchmarking survey on Tuesday 22 April in the UK and 19 other European countries.
C-Suite Europe: Insurers and banks - an important distinction
You will be familiar with the expression: "If it looks like a duck, swims like duck, and quacks like duck, it probably IS a duck."
Marsh France COO Cipiere to lead RSA's French business
RSA has appointed Marsh France chief operating officer Corinne Cipiere as its new managing director in France.
Cross-border insurance: a new opportunity?
As prudential regulation across Europe is set to become unified with the planned implementation of Solvency II, Katie Marriner looks at how the likelihood of cross-border insurance becoming a reality is being considered.
Guy Carpenter appoints Utkueri to head Turkish operations
Guy Carpenter & Company has appointed Okan Utkueri as managing director and head of the broker’s Turkish operations as it seeks to expand its presence in the region.
UK among most SII ready but Pillar 3 presents 'major challenge'
Nearly 80% of European insurers expect to meet Solvency II requirements before January 2016 with Dutch, UK and Nordic firms outstripping their French, German, Greek and Eastern European counterparts in terms of readiness.
$7bn of insured natural disaster losses in Q1 2014
Insurers had to pay out $7bn in insured losses caused by natural disasters in the first quarter of the year according to catastrophe modeller Impact Forecasting.
Insurers sought to back new aggregator targeting UK’s Eastern Europeans
Broker targeting same demographic could follow launch of Global Market Compare
Hip replacement ruling 'should deter forum shopping'
Product liability insurers have received a boost after a judge ruled that non EU claimants have no right to sue manufacturers under the consumer protection act.
AIG restructures EMEA management team
AIG has made several appointments as part of a restructure of its Europe, Middle East and Africa division.
Chubb appoints Barr as environment head
Chubb has appointed David Barr as European environmental manager.