Germany
Allianz: increased number of clinical trials raises underwriting issues for insurers
The rising number of clinical trials poses significant challenge for insurers, according to Allianz Global Corporate & Specialty.
Three Mapfre offices become branches
Mapfre Global Risks' representative offices in Germany, France and the United Kingdom are to become fully fledged branches.
BLD appoints new partner in Munich
German law firm BLD Bach Langheid Dallmayr has appointed Joachim Krane as new partner as of 1 February 2013.
Whitehair appointed MD of SPB UK
French affinity insurance specialist SPB plans to grow its business in the UK through its ownership of Citymain Group.
Like the drugs trade, Cybercrime is not just a US issue
Last year, according to the Norton Cybercrime Report, global cybercrime cost an estimated $388bn. That's $100bn more than the cost of the global black market for marijuana, cocaine and heroin combined. And just like the world's drugs trade, cybercrime is…
EMEA commercial market to remain stable in 2013
The insurance market across Europe, the Middle East and Africa is expected to remain broadly stable in 2013, according to Marsh's Insurance Market Report 2013.
Half of insurers doubt effectiveness of social media marketing
Marketers in the insurance sector could inadvertently turn customers off by irritating them with their online behavior, according to a new study.
Top five European news stories
The top five stories from www.insuranceinsight.com over the past seven days.
Corporates still at risk from Eurozone economic woes
The Eurozone's economic situation may be improving, but the environment for corporates remains very difficult, according to Coface chief economist Yves Zlotowski.
Eiopa moves to calm German concerns over Solvency II
The European Insurance and Occupational Pensions Authority will look into the treatment of long-term guarantees in a study starting next week.
Two thirds of German homes not covered for natural hazards
Over two thirds of householders in Germany are not insured against damage by extreme weather conditions, according to Munich Re's primary insurance arm Ergo.
Sandy leaves Allianz operating profit outlook unchanged
Allianz has estimated that Hurricane Sandy, which hit the north eastern coast of the United States in late October 2012, has had an estimated total impact of $590m.
Equinox Global appoints Germany business head
Equinox Global has named credit insurer Euler Hermes' Hong Kong chief executive Henning Siess as head of Germany.
Equinox Global plans German expansion
Equinox Global has appointed Henning Siess as head of Germany, ahead of the planned opening of a new German office this year.
Consumers see insurance as essential not discretionary spend
When it comes to reducing expenses, European consumers are cutting back on discretionary areas such as dining out, holidays and clothing, but still see insurance as essential.
Legal forecasts: Predictions for the UAE, US and Germany for 2013
In the first of a two-part series Insurance Insight asked members of Insuralex, the global group of specialist insurance and reinsurance lawyers, to highlight their thoughts and predictions for the new year.
Talanx expects €306m Sandy loss
German insurance giant Talanx AG expects a net claims burden of €306m from Hurricane Sandy.
Flightsurance bought by 2e Systems
Travel insurance start-up Flightsurance has been acquired by 2e Systems, a technology provider for the travel industry with offices in London and Frankfurt, for an undisclosed fee.
Global Aerospace opens Cologne office
Global Aerospace has hired Joerg Jakobs to lead a new branch office in Cologne, Germany.
Ergo launches modular home contents policy
Munich-Re owned Ergo Insurance has launched a new home contents policy for the German market.
Perils puts windstorm Andrea loss at €336m
Independent Zurich-based organisation Perils today disclosed its final loss estimate from Windstorm Andrea as €336m.
View from the Top: Premature death notice for networks
Contrary to popular belief, broker networks are thriving domestically and internationally, says Brendan McManus.
Allianz fined $12.4m by SEC for improper payments in Indonesia
The Securities and Exchange Commission has charged Allianz SE with violating the books and records and internal control provisions of the Foreign Corrupt Practices Act for improper payments to government officials in Indonesia during a seven-year period.
Blog: M&A myths dispelled
The third week of December can be a stressful time. As 25 December looms ever closer, there are still presents to buy, decorations to hang, and tasks to dispatch before you can relax guilt-free to enjoy the holiday season.