Germany
European windstorm estimate downgraded
Perils AG has today disclosed its second loss estimate for Windstorm Xynthia, which occurred at the end of February 2010.
Aviva trains sights on specialty lines
Aviva's new chief underwriting officer Axel Schmidt has revealed a wide-ranging plan to broaden its risk appetite by concentrating on areas it is currently under strength in, including local authority insurance.
London P&I Club increases free reserves by 22% in 2009/10
THE London P&I Club has reported a financial year surplus of $25.9m for the year ended 20 February 2010.
Casualty manager joins Liberty's Germany operation
Liberty International Underwriters in Europe has appointed Michael Weesbach as casualty manager for its operations in Germany.
Casualty manager joins Liberty's Germany operation
Liberty International Underwriters in Europe has appointed Michael Weesbach as casualty manager for its operations in Germany.
The insurance sector needs to evolve, says Aon Germany chairman
The insurance sector needs to evolve and reform what it currently offers to better reflect client needs, Ralph Liebke, chairman and CEO of Aon Germany, has told delegates at a conference in Paris.
German insurer unveils new board members
German insurance group ERGO has appointed a new supervisory board at its AGM.
German insurer unveils new board members
German insurance group ERGO has appointed a new supervisory board at its AGM.
XL boss bemoans 'heavy' Q1 catastrophe claims hit
XL Capital's property & casualty business's combined ratio slipped to 100.5% (Q1 2009: 92.1%) following what chief executive Mike McGavick described as "one of the heaviest levels of first quarter catastrophe activity in history".
Fitch more positive about German GI sector
Fitch Rating has today revised the outlook for the German non-life insurance sector to stable from negative due what it described as "increased investment income in 2009 and an increase in motor insurance premium rates in early 2010".
Fitch more positive about German GI sector
Fitch Rating has today revised the outlook for the German non-life insurance sector to stable from negative due what it described as "increased investment income in 2009 and an increase in motor insurance premium rates in early 2010".
Little loyalty in online motor
More than 80% of online motor insurance customers plan to shop around at renewal according to research by Accenture that shows these insurance buyers are becoming less loyal and more price-sensitive.
Air travel facing “greatest disruption since 9/11” – Civil Aviation Authority
A huge ash cloud from an Icelandic volcano continues to cause further air travel chaos across Europe, leaving hundreds of thousands of passengers stranded.
Air travel facing “greatest disruption since 9/11” – Civil Aviation Authority
A huge ash cloud from an Icelandic volcano continues to cause further air travel chaos across Europe, leaving hundreds of thousands of passengers stranded.
Allianz acclaimed for CSR stategy
For the tenth year in a row, Allianz has satisfied the requirements as a constituent of FTSE4Good.
Allianz acclaimed for CSR stategy
For the tenth year in a row, Allianz has satisfied the requirements as a constituent of FTSE4Good.
Munich Re reduces stake in Swiss insurer with €119m share sale
Munich Re has sold part of its stake in Swiss insurance group Helvetia Holdings, reducing its shareholding from approxoimately 8.2% to under 3%.
Munich Re reduces stake in Swiss insurer with €119m share sale
Munich Re has sold part of its stake in Swiss insurance group Helvetia Holdings, reducing its shareholding from approxoimately 8.2% to under 3%.
Overall Xynthia loss put at Euros 1.28bn
Perils AG today disclosed its initial loss estimate for Windstorm Xynthia, which occurred at the end of February 2010.
Overall Xynthia loss put at Euros 1.28bn
Perils AG today disclosed its initial loss estimate for Windstorm Xynthia, which occurred at the end of February 2010.
Interview - John Hennessy: Opportunity knocks
CNA Europe CEO John Hennessy may have only been to London once before taking up his new role, but he tells Jonathan Swift why he already feels at home in the local market.
Zurich revisits action plan as Quinn faces 12 April D-day
Zurich has outlined its appetite to renew business currently held by Quinn Insurance's UK arm, by offering brokers and customers a 90-day hold covered facility.
ERGO sees premium income increase by 7.6%
ERGO consolidated result increased to €173m (2009:€73m). The company’s total premium income rose 7.6% to €19.0bn (2008: €17.7bn).
ERGO sees premium income increase by 7.6%
ERGO consolidated result increased to €173m (2009:€73m). The company’s total premium income rose 7.6% to €19.0bn (2008: €17.7bn).