Austria

Coface downgrades forecasts

Trade credit insurer Coface has downgraded its forecasts for the US and much of Europe claiming financial market volatility “has spread to the real economy”.

Vienna Group announces managing board changes

The supervisory board of the Vienna Insurance Group has appointed Hana Machačová deputy CEO of Kooperativa Pojišťovna, to the board at a meeting convened by group CEO Günter Geyer.

Strong European performance helps Coface H1 results

Credit insurer Coface group has reported robust results for the first half of 2011, which the firm said confirms its financial recovery, and vindicates the decision to refocus its credit insurance in March this year.

Compensation harmonisation across the EU

The European Union has a raft of measures to try and achieve harmonisation between member states but as Sarah Hamilton reports there is a long way to go in achieving a single compensation system.

Ace makes Continental appointments

Ace has promoted Andreas Wania from Central and Eastern Europe manager to chief operating officer for Ace Germany and will be based in Ace’s Frankfurt office.

Europe: Cyber liability - Iberian peninsula

European firms are increasingly being targeted by cyber criminals but there is no ‘one size fits all’ solution to legislation to protect the customer. Paul Skinner examines what firms need to do to ensure they have adequate risk mitigation and loss…

Cyber liability - Iberian peninsula

European firms are increasingly being targeted by cyber criminals but there is no ‘one size fits all’ solution to legislation to protect the customer. Paul Skinner examines what firms need to do to ensure they have adequate risk mitigation and loss…

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