Germany
EU retreat on insurance VAT exemption reform
The European Union has announced that it is unlikely to push forward with the reform and simplification of the VAT exemption on insurance and the wider financial services industry.
Allianz UK GI profit halves to £42m in Q3 2010
Allianz this morning reported that in the UK gross premiums were up at €463 m (£400 m) in the third quarter of 2010 (Q3 2009: €427 m).
Allianz UK GI profit halves to £42m in Q3 2010
Allianz this morning reported that in the UK gross premiums were up at €463 m (£400 m) in the third quarter of 2010 (Q3 2009: €427 m).
Munich Re raises year end profit forecast by €400m
Munich Re is now predicting a higher consolidated result for 2010 than previously expected: following a profit of €1.955 bn for the first nine months of 2010 (same period last year: €1.784 bn).
Munich Re raises year end profit forecast by €400m
Munich Re is now predicting a higher consolidated result for 2010 than previously expected: following a profit of €1.955 bn for the first nine months of 2010 (same period last year: €1.784 bn).
Equinox reveals plans to go global
Start-up trade credit managing general agent Equinox Global has outlined plans to move into Europe, Asia and the US, following its official launch this week.
Am Best revises Hannover Re rating
AM Best Europe has revised the outlook to positive from stable for the ratings of Hannover Re and its related debt issues and rated subsidiaries.
Am Best revises Hannover Re rating
AM Best Europe has revised the outlook to positive from stable for the ratings of Hannover Re and its related debt issues and rated subsidiaries.
Moody's outlook on the German insurance sector remains negative
The outlook for the German insurance market remains negative due to the continued rate pressure in property & casualty lines, particularly in motor insurance, and the low interest-rate environment pressurising the profitability of life products with…
Moody's outlook on the German insurance sector remains negative
The outlook for the German insurance market remains negative due to the continued rate pressure in property & casualty lines, particularly in motor insurance, and the low interest-rate environment pressurising the profitability of life products with…
Axa third quarter GI result boosted by 35% increase in UK motor reveune
Axa group this morning reported that property & casualty revenues increased by 0.7% to €21.4 bn (£18.7bn) largely as a result of a 3.9% growth in individual lines (largely driven by a 3.4% average price increase).
Axa third quarter GI result boosted by 35% increase in UK motor reveune
Axa group this morning reported that property & casualty revenues increased by 0.7% to €21.4 bn (£18.7bn) largely as a result of a 3.9% growth in individual lines (largely driven by a 3.4% average price increase).
Munich Re acquires Windsor Group
German reinsurance firm Munich Re has agreed to acquire Windsor Health Group.
Munich Re acquires Windsor Group
German reinsurance firm Munich Re has agreed to acquire Windsor Health Group.
Hannover Re subsidiary anticipates stable prices in Germany
E+S Rück, which bears responsibility for German business within the Hannover Re Group, is predicting a stable environment in Germany in 2011.
Hannover Re subsidiary anticipates stable prices in Germany
E+S Rück, which bears responsibility for German business within the Hannover Re Group, is predicting a stable environment in Germany in 2011.
Domicile: does it really matter for (re)insurance buyers?
Reinsurance buyers increasingly view reinsurers as global entities able to move capital easily between business units rather than as geographically discrete counterparties, insisted Chris Klein, director of reinsurance market management at Guy Carpenter.
Munich Re: renewable energy premium volumes set for 240% growth
In line with political targets, the share of renewable energies in power generation in Germany is expected to increase from a current 10% to 60% by the middle of the century.
Cooper Gay unveils re-brand
Specialist marine insurance broker, Junge & Co, has rebranded its reinsurance broking operations as ‘Cooper Gay Germany’.
Domicile: does it really matter for (re)insurance buyers?
Reinsurance buyers increasingly view reinsurers as global entities able to move capital easily between business units rather than as geographically discrete counterparties, insisted Chris Klein, director of reinsurance market management at Guy Carpenter.
Munich Re: renewable energy premium volumes set for 240% growth
In line with political targets, the share of renewable energies in power generation in Germany is expected to increase from a current 10% to 60% by the middle of the century.
Cooper Gay unveils re-brand
Specialist marine insurance broker, Junge & Co, has rebranded its reinsurance broking operations as ‘Cooper Gay Germany’.
Exclusive content now available on Post Europe
Post Europe’s weekly update is now live with a look at cross-boarder technology, as well as a View from the Top opinion on how governments should support insurers efforts to deal with natural perils.
Post Europe, View from the Top: Getting wet feet is not enough
The events of summer 2010 made all too evident the dramatic consequences that global warming can have: the heat wave in Russia and the monsoon rains in Pakistan are extreme events that take place only very rarely.