Sweden
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.
Maritime insurer Skuld reports record 9th year of underwriting surplus
Norwegian maritime insurer Skuld has reported underwriting surplus of $13m for the first six months of 2011.
Global storm activity increased in July
Aon Benfield's Impact Forecasting has revealed that July was characterised by an increase in global tropical cyclone activity as the calendar turns to the Atlantic Hurricane Season reaching its historical peak of activity.
Markel launches Dutch operation
Markel International is preparing to open a branch office in Rotterdam this September.
Western European deal-making "fragile" in July
Western European deal-making in July has been described as “fragile” by Zephyr researchers who recorded 1150 M&A deals worth a combined €39 091m in the past month – the weakest monthly result since August 2010.
Länsförsäkringar selects model partner
Swedish insurer Länsförsäkringar has selected Barrie & Hibbert’s economic scenario generator to be used within its Solvency II internal model.
Länsförsäkringar selects model partner
Swedish insurer Länsförsäkringar has selected Barrie & Hibbert’s economic scenario generator to be used within its Solvency II internal model.