Russia
Fico close on UK fraud deal after ‘bake-off’ success
The vice president of Fico’s global insurance and healthcare practice has revealed that it is close to striking a major deal in the UK counter-fraud space having "blown insurers away" with its latest offering.
Rocket crash likely to hit launch underwriters
A Russian rocket which exploded over Kazakhstan is unlikely to have been insured, but may still have implications for satellite underwriters.
Europe: The Russian motor market crisis
The Russian government is at odds with the country's motor insurers following controversial plans to amend claims limits, says Paul Koshik.
Coface downgrades Eurozone GDP after Germany concerns
Economists at cred insurer Coface, are downgrading their GDP growth forecast for the Eurozone, reflecting concern about Germany, the largest EU economy.
AGCS reveals Russian ambitions with new appointment
Allianz Global Corporate & Specialty’s head of underwriting co-ordination in growth markets, Philip Gronemeyer, is to become country manager for Russia.
AGCS targeting Russian growth with new chief
Allianz Global Corporate & Specialty has targeted Russia for growth, appointing its head of underwriting co-ordination in growth markets as country manager for Russia.
Chadbourne promotes EMEA partners
International law firm Chadbourne & Parke has promoted two staff to the newly created position of Europe, Middle East and Asia liaison partner.
Winter Olympics: There’s no business like snow business
With preparations well underway for February’s 2014 Winter Olympics in Sochi, Russia, are the organisers prepared for the risk of the Games?
Motor Insurance: Claims, lies and videotape
Dashboard cameras are commonplace in Russia to prove road accidents to the courts and to protect against police corruption. But what impact do they have on the insurance sector? Anne-Louise Fogtmann explains.
Generali takes full control of GPH
Generali Group has completed the purchase from PPF Group of the first tranche of shares in its Central and Eastern Europe joint venture Generali PPF Holding.
Captives: Eastern promise
Chinese companies are mulling over the idea of captives as a risk management tool and it seems that the trend might spread to Eastern Europe. Anna Pitton investigates.
Russian Round-up: Motor woes
Why are Russian insurers angry about changes to motor insurance legislation? Paul Koshik explains.
European M&A opportunities
A range of dynamics influenced mergers and acquisition activity across the CEE in 2012 but as Leonid Zubarev explains the CEE region remains attractive to investors.
Aviva to sell Russian life business for €35m
Aviva is selling its Russian life and pensions operation to Blagosostoyanie, a non-state pension fund in Russia, for a consideration of €35m (£30.17m).
Aviva sells Russian life and pensions business to state insurer
Aviva today announced the sale of Aviva Russia to Blagosostoyanie, a non-state pension fund in Russia, for a consideration of €35m.
Russian meteor explosion 30x more powerful than Hiroshima bomb
The explosion of a meteor above the Urals in Russia generated a force 30 times greater than the Hiroshima nuclear bomb, according to the European Space Agency.
Russian meteor damaged "more than 3,000 homes"
A meteor that exploded over the city of Chelyabinsk in Russia's central Ural Mountains on Friday 15 February injured hundreds and damaged to buildings in six cities.
Meteor damages 3000 Russian homes and businesses
Broken glass from the impact of a meteor has damaged more 3000 homes and businesses in Russia.
Russian meteor explosion injures 250
The explosion of a meteor above the Ural mountains in central Russia has left 250 people injured, three seriously, according to reports.
Europe View From the Top: Risk engineering when growing abroad
Higher costs of living, lower real wages and reduced access to credit has had a direct impact on the profitability of UK companies. This combined with the Eurozone crisis has taken its toll on UK export growth and investment.
Former UK GI CEO McMillan to become Aviva Europe boss as Trevor Matthews quits
David McMillan has been appointed CEO of Aviva Europe.
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.
Weather and emerging markets key 2013 risks, warns Willis
Extreme weather and a new generation of emerging markets are among a new list of risks faced by businesses over the next 12 months identified by Willis.
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.