Germany
Allianz’s Axel Theis on the positive signs for global trade
Concerns remain but outlook for global trade shows positive signs, says Axel Theis, member of the board of management of Allianz SE.
Compre CEO to step down
Compre’s Nick Steer will step down as CEO of the business, effective from March 2018.
Mapfre to consolidate EMEA and Asia-Pacific businesses
Spanish insurer Mapfre is exiting five US states and consolidating its EMEA and Asia-Pacific businesses.
German D&O market marked by insured v insured claims
Ulrich Schaller, portfolio manager, financial & specialty markets, at QBE Insurance (Europe), explains the specificities of the German D&O market.
Allianz launches takeover bid for Euler Hermes
Allianz will aim to buy the remaining portion of Euler Hermes for €1.85bn (£1.65bn).
Compre to acquire reinsurance portfolio from Allianz
Compre has agreed to acquire a portfolio of assumed non-life reinsurance business from Allianz for an undisclosed sum.
Perils provides Xavier loss estimate
Zurich-based nat cat data firm Perils has given its initial loss estimate for extra-tropical Cyclone Xavier which hit Germany on 5 October.
Zurich sees P&C decline in EMEA
Zurich’s non-life premiums fell by 7% in EMEA over the past year.
Munich Re posts €1.4bn Q3 loss as nat cats weigh on results
Munich Re has posted a €1.4bn (£1.2bn) loss for the third quarter as the impact of natural catastrophes in the US and Caribbean take their toll on results.
Analysis: Cargo theft on the rise
International cargo theft has a huge impact on the frequency and severity of insurance claims and the problem is increasing.
Analysis: Pandemic bonds
Pandemics bonds have launched, with the help of the insurance market, to channel surge funding to developing countries dealing with a disease outbreak.
RMS appoints former Swiss Re chief Ludger Arnoldussen
Risk modelling firm RMS has appointed Dr Ludger Arnoldussen as a senior managing director within its client service organization.
WTW launches facultative reinsurance hub in DACH region
Willis Towers Watson has launched a facultative reinsurance business across Germany, Austria, and Switzerland.
Darag makes string of senior appointments
German run-off insurance company Darag has made a string of senior appointments.
Penny Black's Social Month: September 2017
Youth camp, yachting champs and getting damp
Helvetia posts 8% boost in profits for H1
Swiss insurance group Helvetia increased its profits by 8% to SFr 258m (£208m) in the first half of 2017.
Allianz acquires Nigerian insurer Ensure
Allianz has acquired a 98% stake in Nigerian insurer Ensure Insurance, subject to regulatory approvals.
German insurtech start-up raises $10m seed investment
Berlin-based insurtech start-up Coya has raised a seed investment of over $10m from global investors including Brolly backer Valar Ventures.
German non-life premiums to continue to rise
German general insurers will continue increasing premiums to offset declining yields in their investment portfolios.
Perils pegs Storm Thomas loss estimated at €249m
Perils has pegged insurance and reinsurance industry losses for Storm Thomas at €249m (£229m).
Increase in cyber insurance take up to boost commercial sector, says HDI Global CEO
Cyber insurance cover is an increasingly important focus area for HDI Global, according to CEO Christian Hinsch.
HDI Global eyes up international expansion as premiums top £2.5bn in H1
German commercial insurer HDI Global has reported gross written premiums of €2.8bn (£2.5bn) as the business continued to grow in the first half of 2017.
Allianz's Jon Dye and LV's Steve Treloar on why they have joined forces
Joint venture agreements can bring challenges as well as benefits. Jon Dye, CEO of Allianz Insurance, and Steve Treloar, managing director of general insurance at LV, explain how their business will work together.
Blog: A dozen UK and European insurtech start-ups to watch in 2017 and beyond – part one
Almost $1bn ($985m) was invested in insurtech in the second quarter of 2017.