Turkey
Heightened terrorism risk in Turkey following activist killing
The recent killing of a leading PKK activist indicates increasing terrorism risks to state and security assets in Turkey, including in Istanbul, according to a new report by Exclusive Analysis.
Ageas creates new COO role to oversee Asian and European growth
Ageas UK CEO Barry Smith has been promoted to a new Ageas group role of chief operating officer.
Asia View from the Top: Realising growth in higher growth markets
There are three trends that are becoming increasingly evident in the changing global economic landscape.
South heads to Asia Pacific to run enlarged Marsh business
Former Marsh UK chief executive Martin South has been appointed CEO of Marsh Asia-Pacific, following a restructure of its international regions, which also sees a dedicated leader brought in to head up an enlarged European operation.
Marsh reshuffles leadership of international divisions
Broker Marsh has combined its Asia and Pacific regions and appointed a dedicated leader for continental Europe, the commonwealth of independent states, and Turkey.
Aria Assistance and GlobeMed launch MENA partnership
Aria Assistance, the independent UK insurance and assistance company, has signed a strategic partnership for the delivery of assistance services with Africa/Middle East regional healthcare administration services and assistance provider, GlobeMed.
Mapfre reports 44.8% growth in Brazil in Q3 2012 results
Mapfre has reported revenues of €19.4bn for the first nine months of 2012, a 10.5% rise compared with the same period last year.
UK insurance group eyes Turkey and India acquisitions
UK insurance group BGL Group is to target Brazil, India and Turkey in a bid to widen its international footprint.
Axa reports P&C growth in Turkey, Mexico and Gulf with Q3 results
Axa Group has reported total revenues up 1% to €68.4bn for the first nine months of 2012.
Mapfre eyes Middle East expansion with Turkish acquisition
Mapfre Genel Sigorta, the Spanish insurer's Turkish subsidiary, has acquired 51% of Genel Servis, a motor services firm.
Milliman and EagleEye target European insurers
Actuarial firm Milliman and insurance technology provider EagleEye Analytics are expanding to offer products for the European market.
Top five Asian news stories
The top five Asian stories from www.insuranceinsight.com over the past seven days
Dubai Group sells Turkish non-life insurer
Dubai Group has sold its Turkish insurance arm to a company owned by former AIG chief executive Maurice 'Hank' Greenberg and a unit of Dubai lender Mashreq Bank.
13% growth in CEE helps VIG Group profit grow 7%
The Vienna Insurance Group has posted a 7% increase in profit for the first half of 2012 compared to 2011, helped by a 13% growth in profit from Central and Eastern Europe.
Ageas posts 86% rise in non-life profit after strong Q2
Belgian insurer Ageas improved across all segments to post net insurance profit of €303m in the first six months of 2012, up from €111m in the first half of 2011.
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.
Russia and Romania travel insurance markets thrive in economic crisis
Travel insurance in Russia, Romania and Turkey boomed between 2008 and 2012, despite the Eurozone crisis, while the UK and Ireland saw foreign travel decline, new research has revealed.
Broker boom as emerging Europe embraces intermediaries
The European market for commercial non-life insurance broking reached a value of €9.89bn in commissions and fees in 2011, according to financial services consultants Finaccord.
Iranian crude finds Asian buyers despite insurance sanctions
Iran is still shipping oil to China, and Japan looks likely to resume imports in August, as Iran continues to circumvent Western sanctions on ship insurance, Reuters reported.
MENA insurers show resilience
Insurers and reinsurers in the Middle East and North Africa region have shown resilience in the past year and continue to maintain secure ratings.
Willis Re appoints Angelini-Hurll to newly created role
Willis Re has appointed Kieran Angelini-Hurll as regional director of its Indian Sub-Continent, Middle East, North Africa and Turkey operations.
Willis Re appoints regional director for APAC and ME
The reinsurance arm of broker Willis Group today appointed Kieran Angelini-Hurll as regional director of its Indian Sub-Continent, Middle East, North Africa and Turkey operations.
Turkey cracks down on homeowners without quake insurance
Turkey is tightening the rules for mandatory earthquake insurance, making the government decree a law and limiting services to homeowners without protection, according to Hurriyet Daily News.
Credit card-linked insurance and assistance market worth €4bn in Europe
The market for packaging and cross-selling insurance and assistance policies linked to payment cards and bank accounts is lively and competitive in most European countries, according to research by consultancy firm Finacord.