France
CBL-owned broker struggling to get approval in France
SFS France, which is owned by CBL, is having difficulties getting approval from Orias, the French association registering and approving brokers.
Analysis: What happened to CBL Insurance?
Last month once again saw a passported insurer placed into liquidation, with the collapse of CBL causing ripples throughout Europe
Axa-XL deal puts both insurers' ratings under review
The major rating agencies have unanimously taken rating actions on both Axa and XL Group following the recent announcement that the French insurance giant is looking to acquire 100% of the specialty insurer.
Axa can do what Catlin could not: XL CEO
An XL Group under Axa would provide the Bermuda-based specialty insurer with the scale and competitive edge that it failed to achieve from the landmark Catlin acquisition, XL’s CEO said.
XL Catlin's Tania Bensoussan-Arthur on the new trends grabbing the kidnap and ransom market
As demand for kidnap and ransom insurance is rising in France, Tania Bensoussan-Arthur, underwriting manager – specialty, France at XL Catlin, explains why coverage needs to be tailored the buyer's needs.
Administrators appointed at CBL Insurance Europe
The Central Bank of Ireland has appointed an administrator for CBL Insurance Europe.
CBL Insurance goes into interim liquidation
The High Court of New Zealand has ordered CBL Insurance, the main subsidiary of CBL Corporation, be placed into interim liquidation.
Analysis: Why Allianz is pursuing 100% of Euler Hermes
Allianz intends to purchase the remaining shares in Euler Hermes to squeeze out minority shareholders and give the German insurance giant ultimate control.
Irish regulator forces CBL Insurance Europe to close shop
The Central Bank of Ireland has ordered CBL Insurance Europe to cease writing business with immediate effect, until further notice.
Allianz buys an additional 30% of Euler Hermes
Allianz has increased its shareholding in Euler Hermes to 92.43%
Eleanor insured losses estimate updated to £571m
Extratropical Cyclone Eleanor is estimated to have caused €643m (£571m) in insured property market losses, according to Perils.
Euler Hermes names three top board positions
Trade credit insurer Euler Hermes has named its new chief financial officer, chief operating officer, and head of market management.
Full year group income up 10% at Euler Hermes
Euler Hermes reported a 10% boost in group net income for the year ending 31 December 2016.
Marsh's Lei Yu on the right cover in the age of product recalls and class actions
While the US has led the consumer rights crusade against defective products, other countries are becoming increasingly protective, writes Lei Yu, managing director, Marsh Hong Kong and Macau.
Beazley continues European expansion
Beazley has bolstered its specialty lines teams Munich, Paris and Barcelona as it continues to target European growth.
Blog: Brexit could leave motor insurers without room for manoeuvre
British drivers who have a car accident in the European Union can currently seek redress through UK courts but Brexit could change that. Mark Hemsted, partner at Clyde & Co, lists the points to keep an eye on.
Preview of 2018: A sneak peek at the coming year
The promised whiplash and discount rate reforms, as well as the UK’s exit from the European Union, are expected to shape the coming year for the industry. Insurers, brokers, loss adjusters and lawyers are wary of political uncertainties and the trends in…
Market Moves: December 2017
This month's movers and shakers in the insurance industry.
Allianz launches takeover bid for Euler Hermes
Allianz will aim to buy the remaining portion of Euler Hermes for €1.85bn (£1.65bn).
Aviva announces equal parental leave for staff
Aviva has announced a group-wide policy to offer men and women equal parental leave.
Insurers divest $20bn from coal
Insurers are divesting an estimated $20bn (£15bn) in equities and bonds from coal projects, according to the Unfriend Coal campaign.
Ex-ABI chair Paul Evans leaves Axa following restructure
Former chair of the Association of British Insurers, Paul Evans, will leave Axa following a global management restructure.
Charles Taylor appoints Glyn Symonds as director of operations
Charles Taylor Adjusting has appointed Glyn Symonds as director of operations for its new Marseille office.
Spotlight: Drones: Taking flight
Fast food and parcel deliveries by drones seemed a fantasy just a couple of years ago but it is now close to reality. Wherever you look, they are in the air. They are being flown by leisure users, the French police, UK lifeboats, Indian railways, oil rig…