Europe
Balkans flooding to cost billions of euros
The European Bank for Reconstruction and Development estimates the cost of damage as the result of horrific flooding will be well over €2bn.
C-Suite - Europe: Handling cross-border claims
by Lucy Costin, RSA Sourcing Specialist
Gibraltar recruits former FSA insurance director for Solvency II project
Gibraltar’s Financial Services Commission has swooped for a former UK insurance regulator to lead its Solvency II implementation project.
Zurich calls for more flood mitigation support
International insurer Zurich wants more money and effort spent on flood prevention.
COO eyes further RSA disposals in second half of 2014
RSA has set its sights on completing more disposals in the second half of the year after the sale of its Canadian broker business brought the amount generated through sales since February to £540m.
Telematics provider targeting Russia with partnership deal
Telematics firm Risk Technology has partnered with a local insurer in a bid to crack the Russian market.
European Council agrees Ecall proposal
The European Competitiveness Council has agreed a general approach to a draft regulation aimed at introducing motor type-approval system requirements for fitting Ecall devices in new models of vehicles.
IBA urges passporting rethink in wake of Setanta collapse
The Irish Brokers Association has written to Ireland’s Finance Ministry, raising concerns about inadequate regulation in the lead-up to the collapse of Malta-based motor insurer Setanta Insurance.
Europe: W&I insurance
Despite M&A activity being on the wane thanks to the recession, a new player is emerging in the form of W&I insurance
Brokerslink splits EMEA region
Brokerslink has reorganised its Europe, Middle East and Africa trading area by splitting it into two separate regions - Europe, and Middle East and Africa.
66 insurer CEOs commit to Geneva Association Climate Risk Statement
66 chief executives of the world’s leading insurers and reinsurers have confirmed their commitment to The Geneva Association’s Climate Risk Statement.
Argo hires Aviva's Schmidt as group CUO
Argo Group has hired Axel Schmidt to take over as group chief underwriting officer.
Tens of thousands hit by huge flooding in Bosnia and Serbia
Over 40 people have died and thousands of people have been left temporarily homeless after three months of rain fell across three days in Serbia and Bosnia.
Technology and urbanisation among risk megatrends, XL warns
Greater connectivity and technology are intensifying global risks and contributing to the world's current state of volatility, XL's Jacob Rosengarten told the European Insurance Forum today.
MDS Portugal boss appointed to French network
MDS Portugal chief executive Jacqueline Legrand has been appointed Conseiller du Commerce Extérieur de la France in Portugal by French prime minister Manuel Valls.
Europe: Insurance is ready to be disrupted
Accenture's Thomas Meyer and Roy Jubraj look at how behavioural technology could turn the world of insurance on its head.
Zurich sees Q1 global premiums inch upwards
Zurich's gross written premiums and profits showed marginal progress for Q1 2014.
FIFA extends World Cup injury insurance
FIFA has extended its insurance coverage for players on national team duty that are injured before its squad deadline date of 26 May.
Death toll at Turkish coal mine rises to 278
At least 278 people have been killed after an explosion at a coal mine in the Turkish town of Soma in the Western province of Manisa.
Broking M&A boom predicted as private equity appetite grows
Report reveals UK dominance of European insurance deals
Geneva Association zeroing in on social value of insurance
The Geneva Association is conducting research on the social and economic value of insurance, according to its annual report.
Lloyd's calls for climate change risk modeling
Lloyd's of London is asking the insurance industry to factor climate change into risk models on an annual basis.
Europe: Kidnapping - The criminal act of our century
European businesses need to ensure they are covering their employees against kidnapping, a growing phenomenon on the Continent
Munich Re's Q1 2014 profit falls 5%; April pricing weakens 8%
Profits fell 5% in the first quarter at global reinsurer Munich Re and April renewal prices declined 8%.