France
Medical Devices: Ripple Effect
The shockwaves of the Poly Implant Prosthèse breast implants scandal are continuing to affect insurers and the regulation of medical devices
Halo launches French retail site
Halo Insurance Services has launched a retail site in France selling excess car hire insurance direct to the customer.
Axa’s global P&C revenues up 2%
Axa has seen group-wide revenues for its property and casualty business increase 2% in figures for 2013.
Europe: The run-off legacy
The run-off market looks set to consolidate its position in Europe, a trend borne out by a Clyde & Co survey which found 60% of insurer respondents expect to complete a deal in Europe in the next 12 months.
Motor Claims 2014: Davies calls for UK to utilise cross-border data sharing to stamp out European crime
Axa’s global chief fraud control officer Richard Davies has called for the UK to embrace cross-border data sharing in a bid to clamp down on crime across the continent.
Suisscourtage handed Lloyd’s broker approval
French insurance broker Suisscourtage has been given registration to serve as a registered Lloyd’s broker.
International: The key to protecting property
With economies recovering across Europe, the property market is beginning to show signs of movement again. But with the credit crunch still fresh in people’s memories, insurers are seeking to reassure those feeling cautious about property transactions.
European appetite for run-off deals set to grow, survey finds
France and Germany have been tipped as the most likely European countries to see run-off deals completed, according to insurance industry respondents to a Clyde & Co survey.
Europe: Weathering the storm
Europe got a battering from natural catastrophes in 2013, resulting in the region clocking up the most loss events for the year across the globe.
Laurent Matras return expected to result in Axa personal lines overhaul
The return of former Groupama boss Laurent Matras to Axa may herald a shake-up of the insurer’s personal lines business, according to market observers.
AIG names banking boss who quit over "hostile environment" as non-exec
AIG Europe has boosted its board with a trio of appointments, including a former Banque AIG boss whose resignation in 2009 almost triggered crisis at the insurer.
R&Q completes Chevanstell transfer
The business of Chevanstell, which traded in the UK as Tryg-Baltica International UK before going into run-off, has become part of R&Q Insurance (Malta) following a part VII transfer.
France declares state of natural catastrophe on Reunion Island
A deadly cyclone has seen France declare a state of natural catastrophe on the Indian Ocean territory of Reunion Island.
International: Europe boards the telematics train
European powerhouse Germany is the latest country to show an appetite for collecting driving data. But the global spread isn’t stopping there.
European PI market to be worth £6.27bn by 2017
The professional indemnity insurance market across 10 European countries - Austria, Belgium, France, Germany, Italy, Netherlands, Poland, Spain, Switzerland and the UK- will be worth around €7.5bn (£6.27bn)by 2017.
AGCS adopts legal form of European company
Allianz Global Corporate and Specialty has adopted the legal form of a European company and merged with its subsidiary Allianz Global Corporate and Specialty (France), retroactive to 1 January 2013.
Europe-wide Windstorm Christian losses could hit €1.3bn
Losses from a storm hitting Northern Central Europe could top €1.3bn according to latest estimates from Willis Re.
Winter storm Christian is worst in a decade
Winter storm “Christian” (known as “St. Jude” in the United Kingdom) battered the western shores of southern Britain early on Monday, October 28, 2013, as one of the strongest extratropical cyclones to affect the region in perhaps a decade.
Ace appoints Moghrabi regional president for Continental Europe
Ace Group has appointed two senior executives in Continental Europe.
49 die in Laos plane crash
49 people, including seven from France, have been killed in southern Laos when a plane crashed into the Mekong river yesterday (16 October).
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.
Bolloré resigns as Generali vice-chairman
French billionaire Vincent Bolloré has resigned from his role as Generali vice-chairman in order to spend more time working at Paris-based conglomerate Vivendi.