Europe
Online giants touted as distribution competitors
Almost two thirds of European insurers consider competition in the distribution market in the next three years will come from non-insurance players such as Amazon and Google, a survey has found.
R&Q acquires Cypriot firm from Validus
Randall & Quilter Investment Holdings has acquired the entire issued share capital of Cyprus domiciled Flagstone Alliance Insurance and Reinsurance from Validus Group.
Post Intelligence – company profile: Munich Re
Munich Re continues to expand its primary insurance business, ERGO, in Asia and Eastern Europe.
Europe: Insurance valuation processes
How does insurance valuation practice differ in territories around the world? Nigel Wilson explains.
FP Marine cites costs of claims and poor returns for rising premiums
A director at broker FP Marine Risks based in Hong Kong agrees with Lloyd's broker Tysers that P&I clubs will likely raise shipowners' premiums at a rate on average of 7.5% this year, similar to last year.
Post magazine - 10 October 2013
This week's issue of Post is now available to subscribers.
Governments count cost of September catastrophes
The latest Aon Benfield Impact Forecasting Global Catastrophe Report reveals $15bn of economic losses.
Premiums rising for shipowners, according to Tysers
Declining investment income is expected to trigger an average premium rise of 7.5% for shipowners, according to Tysers’ annual report on protection and indemnity clubs.
Ace launches environmental risk taskforce for Continental Europe
Ace Europe has appointed Nicolas Givelet as risk engineer in its Continental Europe environmental insurance team as it continues to invest in building its environmental risk expertise.
Willis Group hires Drivas to drive European fac growth
Broker Willis Group has appointed Christine Drivas to its facultative reinsurance division, Faber Global.
Willis hires Drivas to drive facultative reinsurance growth
Broker Willis Group has appointed Christine Drivas to its facultative reinsurance division, Faber Global.
Ferma 2013: Beazley wants to be 'complimentary not competitive' in Europe
Beazley wants to secure more European business but does not want to be competing with the local market on traditional classes, according to Beazley’s head of broker relations David Price.
Europe: Regulatory remuneration
Are European insurance companies coping with the increasing cost of regulation? Katie Marriner investigates.
ING Insurance to rebrand as NN following IPO
ING Insurance will re-brand as NN after completing its initial public offering.
Post magazine 3 October 2013
This week's issue of Post is now available to subscribers.
International: Europe: Go west
Are Asian investors likely to continue their interest in the European insurance market? Edmund Tirbutt investigates.
Budget constraints increase challenges for European risk managers
Europe’s risk managers are being challenged to find innovative and cost-effective solutions to cross-border, complex risks but are not necessarily being given budget increases to do so, according to findings from the 2013 Risk Frontiers European Survey.
View from the Top: Addressing the protection gap in Europe
Much has been said about the impact of the financial crisis on economies and citizens, but there are also some less obvious side effects of the financial uncertainty in Europe that are nonetheless significant.
Ferma 2013: Risk managers must educate in a risky world
The world is an increasingly risky place and risk managers must educate their communities to cope with that risk, according to Jorge Luzzi.
Gable chooses Sequel for European underwriting operation
Liechtenstein-based Gable Insurance has bought Sequel’s Eclipse Underwriting software in a deal that includes training, consultancy and implementation.
Lloyd’s first half profit drops on 2012 result
Lloyd’s has posted a £1.38bn profit for the first half of 2013 down on its 2012 result of £1.53bn.
Lloyd’s AA rating upgrade far from certain as CEO speculation continues
Catlin COO Paul Jardine emerges as popular choice to succeed Richard Ward.
Go west: Asia's investments in Europe
Are Asian investors likely to continue their interest in the European insurance market? Edmund Tirbutt investigates.
Post magazine 26 September 2013
This week's issue of Post is now available to subscribers.