European Union (EU)
Groupama CEO Azéma sacked after Fitch and S&P action
A senior rating analyst has played down fears a raft of major European insurers could be on the end of downgrades in the wake of the European Union debt crisis.
Geneva Association sends open letter to G-20 leaders
Leading international insurance think tank, The Geneva Association, has today issued an open letter to the Finance Ministers and Central Bank Governors of the G-20.
Greek non-motor loss adjusters launch professional body
Greek claims specialists have banded together to form The Hellenic Association of Loss Adjusters in the hope of gaining equal status with other certified European loss-adjusting bodies.
No insurance downgrades expected despite Greek exchange
Leading insurers across Europe have been told that manageable exposure to Greek government bonds will mean they will not be downgraded if they accept the EU's offer of a 50% haircut in return for new debt.
Allianz welcomes EU debt crisis agreement
Allianz has welcomed the European Union agreement in Brussels to solve the debt crisis in Europe.
Rating factors - Age: Age-old dilemma
After losing the battle to use gender as a rating factor, could the insurance industry be facing a new threat as age falls under the spotlight?
In series: Lloyd's & London Market: Staying number one
Tightening regulation and a less advantageous tax regime are making it tough for Lloyd’s to retain its pre-eminence, but is protectionism the greater threat?
In series: Lloyd's & London Market: Staying number one
Tightening regulation and a less advantageous tax regime are making it tough for Lloyd’s to retain its pre-eminence, but is protectionism the greater threat?
FSCS should be part of EU-wide body, says EIOPA
The EU should fund closer cooperation between the UK’s Financial Services Compensation Scheme and similar insurance guarantee schemes in all EU countries, the European Insurance and Occupational Pensions Authority has said.
European Council adopts road safety directive
The European Council has adopted a directive on cross-border exchange of information on road traffic offences, on the basis of a text agreed with the European Parliament.
North of the border: UK-wide outbreak of common sense?
After reviewing the Health & Safety at Work Act 1974, Lord Young made the point that, despite significant progress and the undoubted success of the Act, the standing of health and safety in the eyes of the public has never been lower. There is a growing…
Commission proposes financial transaction tax
The European Commission has outlined proposals for a financial transaction tax across all members of the European Union.
BIS 2011: EU economy could go into meltdown, warns former Bank of England boss
The former deputy governor of the Bank of England Sir John Gieve has forecasted the European economy will either slowly limp along to recovery and see unemployment rise or go into complete meltdown.
View from the top: Environmental variations cause issues
Differing approaches adopted by individual European countries have added complexity to the issue of environmental liability.
MGAA launch: Changing perceptions
Delayed since 2010, the Managing General Agents Association launched this month, with a brief to ensure the insurance industry and regulators understand exactly what role MGAs perform.
Luzzi elected next president of Ferma
Jorge Luzzi, group risk management director for Pirelli worldwide, has been elected the next President of the Federation of European Risk Management Associations.
European agency launches risk assessment tool for SMEs
The European Agency for Safety and Health at Work has launched a tool to help Europe’s 20 million micro and small enterprises improve safety and health for their workers by assessing risks.
ALC Health launches new travel insurance plan for EU residents
International medical insurance provider ALC Health has launched a new global travel insurance plan designed exclusively for European Union residents regardless of nationality.
Brit warns about untrained lorry drivers
Brit Insurance has issued a stark warning that shop shelves could be left bare and consumers will struggle to buy essentials such as bread and milk if truck drivers fail to comply with incoming EU driver training rules.
Comment- mutuals: Public preference
Mutuals can be overlooked or underused by public bodies, but Allan Guest argues that they are the most cost-effective and appropriate choice for public sector risks.
Brit motor boss warns haulage firms over EU regulation
Haulage companies in the UK have been warned they must increase uptake levels in the new EU-wide regime of driver certification of professional competence or else face "devastating ramifications”.
Swiss Re warns of challenging market for Nordic insurers
In Oslo today, Swiss Re, will use its flagship Nordic Risk & Insurance Summit conference to warn that the economic environment in the wake of the financial crisis is still very challenging and turbulent.
Risk update - Asbestos: Kept safe from harm
With the European Commission ordering the UK to amend legislation to ensure maintenance and repair workers are fully protected from asbestos, John Toms investigates the implications for the insurance industry.