Europe
DAC Beachcroft recruits former Swiss Re counsel
Law firm DAC Beachcroft has appointed prudential regulation specialist Adrian Williams as a partner in its corporate insurance team.
Europe's cyber market could be worth €900m by 2018 says Allianz
Allianz expects to hold a fifth of the European cyber market by 2018 and forecasts significant growth in the product line outside of the US, a board member said on Wednesday.
Europe: Cracking the whip
The UK has been dubbed the whiplash capital of Europe but what can it learn on the continent as it looks to crack the problem? Tim Evershed investigates.
Giles hires NIG corporate motor specialist
Giles has appointed Anne Norrie as corporate development executive.
Post magazine – 11 July 2013
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Tax payer will not be insurer of last resort in Floor Re, says Benyon
The government will not be the insurer of last resort under the proposed Flood Re scheme, environment undersecretary Richard Benyon said yesterday.
Loss adjusting Regulation: If it ain't broke
Loss adjusters claim they are already monitored closely but should they face formal regulation like the rest of the insurance industry?
Broker network INSIA opens first of 50 offices in Romania
INSIA, one of the largest insurance broker network of Central and Eastern Europe, has opened its first Romanian-based subsidiary, in Bucharest.
Xuber increases global workforce by 25%
Xuber, Xchanging’s insurance software business, is continuing its expansion with an international recruitment drive.
UK Flood Re deal will be 'credit positive' for P&C players
Moody’s claims that the memorandum of understanding between the Association of British Insurers and the government on introducing the Flood Re model will be credit positive for UK property and casualty insurers.
EPG to cover South Africa and other African territories
EPG Insurance Services is extending its administration base to cover South Africa and other African territories.
AGCS UK hires senior cargo underwriter
Allianz Global Corporate & Specialty has appointed Paul Crawford as senior cargo underwriter.
McLarens merges with agriculture specialist
International loss adjuster, McLarens said today it has merged with UK farming specialist Agrical for an undisclosed fee.
Europe: A risky role
When taking out insurance, people pay money in good faith so that should the worst happen, it is put right with the minimal amount of disruption. António Negreiros Fernandes looks at the role the risk manager plays in this process.
Groupe Consultatif appoints former Aegon actuary as CEO
The Groupe Consultatif, the Actuarial Association of Europe, has appointed Ad Kok as its new chief executive officer starting on 1 September 2013.
Marsh issues warning over Brazil and Turkey unrest
Policyholders should be aware that market conditions could change rapidly if violence escalates in Brazil or Turkey, broker Marsh has warned.
Solvency II interim rules could worsen market fragmentation
Despite Eiopa’s proposed guidelines for interim measures, surveyed Member States are showing a strong preference for a second quick fix directive, postponing the full implementation of Solvency II towards as late as 2017.
Post magazine – 4 July 2013
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Coface to insure companies exporting to Croatia
Credit insurer Coface will start insuring companies exporting to Croatia following the country’s accession to the European Union.
Coface launches credit insurance in Croatia
Coface has started offering credit insurance services in Croatia following the country’s accession to the European Union.
Munich Re transfers Australian cyclone risk to capital markets
Munich Re transfers US hurricane and Australian cyclone risks to the capital markets
Markel's UK retail head to lead European retail claims
Markel International has promoted Mike Richardson to the position of European retail claims manager.
Takaful: The Islamic state
Despite centuries of tradition and an estimated worldwide value in the billions, Takaful insurance, grounded in sharia‑compliant practices, has struggled to find traction in the UK.
Prosight appoints ex-QBE director to board
Prosight Specialty Underwriters has appointed Mel Goddard as non-executive director with immediate effect.