Netherlands
Allianz, Generali and Munich Re dominate as European travel insurance market prospers
European markets for travel insurance and assistance continue to flourish with Allianz, Generali and Munich Re heading the market.
Willis' European growth held back by declines in Spain and Netherlands
Willis Group has reported net income from continuing operations of $332m for the six months ended 30 June 2012, compared with $119m in the same period a year ago. Operating income increased to $496m (H1 2011: $395m).
BGL snaps up Dutch aggregator
BGL Group has acquired Dutch aggregator Verzekeringssite, further boosting its European footprint.
BGL Group buys Dutch aggregator site
UK personal lines broker BGL Group has acquired a Dutch insurance price comparison company, following the acquisition of French aggregator Courtanet in November 2010.
Commission disclosure overhaul could hit Germany hardest
Commission disclosure requirements in the revised Insurance Mediation Directive would have a particular impact on the German market according to law firm Norton Rose.
THB poaches Marsh Netherlands vice president
Broker THB has appointed Rick Gerritsen as broking director of its European division in Amsterdam.
Korea Life and KB Financial shortlisted for ING acquisition
Korea Life Insurance and KB Financial Group have been shortlisted in the bidding for ING Groep NV's life insurance operations in Asia, according to Dow Jones newswires.
Tycoon's son makes surprise ING Asia bid
The son of Asia's wealthiest tycoon, Li Ka-shing, has lodged a surprise bid for the south east Asian businesses of ING's $6bn Asian insurance operations, the Financial Times reported today.
Amlin consolidates European operation
Amlin has consolidated all commercial insurance activities in mainland Europe with the integration of its French operation into its Netherlands base.
Price-comparison model questioned as Admiral casts off Italian Chiarezza
Admiral's sale of its Italian aggregator Chiarezza on Monday demonstrates a failure adequately to invest in overseas ventures, and further withdrawal from European aggregators is a possibility for the insurer, according to one analyst.
Price-comparison model questioned as Admiral casts off Italian Chiarezza
Admiral's sale of its Italian aggregator Chiarezza on Monday demonstrates a failure adequately to invest in overseas ventures, and further withdrawal from European aggregators is a possibility for the insurer, according to one analyst.
Lockton launches global partnership
Broker Lockton today announced the formation of the Lockton Global partnership.
Insurance Insight – top 10 stories
The top 10 stories from www.insuranceinsight.eu over the past seven days.
Editor's comment: Leaving on a jet plane
Reports that the Prudential is looking at jumping into Asia after 164 years has made some obvious waves around the sector.
Ace Europe targets over-50s market with Netherlands pilot
Ace Europe is branching into the over-50s market with a pilot starting in the Netherlands in Q2 this year.
Brit 'schtum' on UK sale as profits and GWP drop in 2011
Brit Insurance has reported a profit before tax of £75.8m in 2011 (2010: £116.4m) on gross written premiums of £1.5bn (2010: £1.53bn).
Asian insurers warned to watch policy admin or repeat Europe's mistakes
Capgemini has warned insurers based in Asia Pacific that they should not rest on their laurels when it comes to policy administration or they will suffer the same issues European insurers are facing now.
View from the Top: Maritime trade, empires and insurance in Holland and the UK
The 17th century saw the Dutch and the English competing for control over the seas and trade routes, which both countries rightly saw as fundamental to their economic and political standing.
New year European windstorm damage estimated at €267m
Perils has today disclosed an initial loss estimate for windstorm Andrea, which occurred in Western Europe from 4-5 January 2012, of €267m.
TomTom targets Europe with new telematics product
Dutch navigation systems maker TomTom NV is making a foray into the telematics market after teaming up to produce a device to track driver behaviour.
Torus recruits XL underwriting manager
Specialty insurer, Torus, has appointed former XL property underwriting manager Gilles Rousseau as a senior underwriter for its general property division.
Liberty Mutual Europe appoints senior claims figures
Liberty Mutual Insurance Europe has made three senior appointments to its claims operations as part of its quest to provide claims service on a local basis.
Economic uncertainty to impact European construction in 2012
The health of the European construction sector will depend on austerity plans in 2012, according to credit insurer Coface.
ING to sell Asian insurance business separately
ING Groep NV has dropped plans to create an Asian-European insurer and is considering selling its Asian business separately as European markets have worsened.