Sweden
Ferma members voice concerns over supply chain management
Commercial insurance buyers generally want better insurance products to cover their supply chain risks, a simple survey by Ferma has confirmed.
Skuld sees 13% premium growth at Q3
Norwegian maritime insurer Skuld continued to grow in the third quarter, with a 13% increase in premium income year on year.
Social media: The Nordic challenge
Voters in the recent Danish election set records with their tweeting but as Francesca Nyman reports insurers in this region are yet to take real advantage of this increasingly popular medium.
Insurance Insight Update - 18 November
Insurance Insight’s weekly update is live with an article on the importance of insurance policies keeping pace with the evolution of risk; and a View from the Top on how new players can take advantage of opportunities in the Swedish non-life market.
View from the top: Taking opportunities
The Swedish market for non-life insurance is dominated by four large domestic players together accounting for around 82% of annual premium.
Towers Watson appoints Nordic head
Towers Watson, has named Christian Clemmensen as the leader of its non-life insurance consulting team in the Nordics region.
Ireland 123 aquisition drives RSA's profits up for Q3
The acquisition of 123 in Ireland last year and growth across central and emerging Europe has helped RSA to report further growth in quarter three of 2011.
Swedish Lansforsakringar's ratings on negative watch
Moody's has put Swedish health insurer Lansforsakringar's 'A2' IFSR and 'A3' issuer rating on negative watch.
Jefferies lowers 2011 EPS
Jefferies Equity Research is lowering the 2011 earnings per share (EPS) estimate of Sampo by 17% to reflect the equity impairments of Swedish bank Nordea.
European fleet insurance market worth €18bn by 2015
The European market for fleet motor insurance is expected to be worth more than €18bn by 2015, according to Finaccord.
Swedish Sirius has rating affirmed
Sirius International Insurance Corporation of Sweden has has its financial strength rating of A (Excellent) and the issuer credit rating of "a" affirmed by AM Best.
Ferma 2011: Sophisticated risk managers aware of insurance market issues
Modern risk managers are more sophisticated in their needs and are well aware of insurance market problems according to senior vice president at Chubb.
Ferma 2011: News round up
The Federation of European Risk Management Associations has said it will continue its fight for broker transparency and aims to convince the European Commission to include it in the next version of the Insurance Mediation Directive.
Ferma 2011: Risk managers must 'upskill' for future
Risk managers have been urged to "upskill" by Ferma vice president Julia Graham.
Ferma 2011: Ferma aims to get transparency disclosure into IMD
The Federation of European Risk Management Associations has said it will continue its fight for broker transparency and aims to convince the European Commission to include it in the next version of the Insurance Mediation Directive.
Ferma 2011: Politics will continue to influence cross-border trade, says JLT
Politics are exerting ever greater influence over cross border trade and this influence will continue, Nick Robson, JLT Specialty has warned.
Ferma 2011: VRS Vericlaim aims to double in next five years
UK loss adjusting firm VRS Vericlaim, part of the European VRS Network, has revealed plans to double in size in the next five years.
Ferma 2011: Insurers embrace risk management
Julia Graham, vice president of Ferma, has praised insurers for embracing risk management education.
Ferma 2011: Risk managers face change
Risk managers face an environment of uncertainty and continuing change, Peter den Dekker, the President of the Federation of European Risk Management Associations, has warned.
XL Insurance dedicates resources to Nordic region
Global insurer XL Insurance is expanding its business into the Nordic region where it is establishing a dedicated upper middle market operation.
European Commission to propose additional contract law in October
European Justice Commissioner Viviane Reding is today meeting with leaders of European insurance companies to discuss European contract law in the insurance sector.
View from the Top: Keep up the momentum for a global solution
We’ve identified the problem and a solution. We must keep up the momentum to complete the process.
AIR updates European wind and earthquake CAT models
Catastrophe risk modeling firm AIR Worldwide has released updates to its Extratropical Cyclone and Earthquake Models for Europe.
Markel International A+ rating affirmed
Markel International Insurance Company and its syndicate 3000 have had their financial strength rating of A (Excellent) and issuer credit rating of a+ affirmed.