Belgium
France and Japan largest purchasers of cat reinsurance
France and Japan are the largest purchasers of excess of loss per event treaties according to a new report by Aon Benfield.
Average strength of companies deteriorates in Europe
Trade credit insurer Coface has reduced its 2011 forecasts for much of Europe following a deterioration of the average strength of companies.
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”.
European insurers vie for KBC's Polish Warta
Several European insurers are believed to be in the running to acquire Polish insurance company Warta from Belgium's KBC, according to reports from Polish financial daily, Parkiet.
Atradius nominates Tesch as chief market officer
Credit insurer Atradius has nominated Andreas Tesch, chief market officer, pending approval of De Nederlandsche Bank.
Q&A: Alberto Corinti
Alberto Corinti, director at Promontory Financial group, formerly of the CEA and the Committee of European Insurance and Occupational Pension Supervisors spoke to Francesca Nyman, giving a regulator’s perspective on the biggest challenges facing the…
Event insurance: Dancing in the street
Next year could be huge for the events industry, with the Diamond Jubilee and the London Olympics taking place. With a host of celebrations occurring, can the events insurance sector capitalise?
Delta Lloyd creates dedicated wind team
Dutch insurer Delta Lloyd is creating a dedicated wind energy team, to take advantage of its experience in the sustainable growth market.
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.
Insurance Insight Q&A: Stef Witteveen
Claims-processing management firm CED recently expanded in Spain with the acquisition of CSP, Insurance Insight caught up with Stef Witteveen, chief executive officer, to find out all the news on the purchase and the firm’s plans has for the future.
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.
Clausen Miller Europe expands into Germany
Multi-national partnership Clausen Miller Europe has strengthened its international insurance and reinsurance capabilities by collaboration with its new partner Wilhelm Rechtsanwälte.
Ageas makes changes to group executive committee
Ageas has appointed Christophe Boizard as member of the group executive committee and as Chief Financial Officer with effect from 5 September 2011.
QBE eyes European acquisitions despite drop in COR for H1 results
Australian insurer QBE has confirmed it is interested in mainland European acquisitions as it reveals its first half results.
Short selling of insurance stocks banned in four EU countries
France, Spain, Italy and Belgium have imposed bans on short-selling on bank and insurance stocks to stabilize markets.
Kiln 2010 account affected by catastrophes
R J Kiln & Co, part of the Tokio Marine Group, has released updated forecasts for the 2009 and 2010 years of account.
Dexia Bank Q2 results impacted by Greece but insurance performs well
In Q2 2011, Belgium Dexia Group reported a net income group share of €-4.03bn, reflecting the May decision to accelerate its financial restructuring as well as an impairment on Greek government bonds in line with Dexia’s participation to the IIF Greece…
Coene appointed Europe MD for QBE
QBE has appointed Patrick Coene as managing director, European Markets.
Belgian KBC ditches flotation plans
Belgian banking and insurance group KBC has confirmed plans to ditch the flotations of its Hungarian and Czech Republic subsidiaries.
Belgian KBC ditches flotation plans
Belgian banking and insurance group KBC has confirmed plans to ditch the flotations of its Hungarian and Czech Republic subsidiaries.
Perils extends to Norway and Sweden
Catastrophe data provider Perils has extended its market coverage to include Norway and Sweden so all areas that could be hit by a European windstorm are covered.
Perils extends to Norway and Sweden
Catastrophe data provider Perils has extended its market coverage to include Norway and Sweden so all areas that could be hit by a European windstorm are covered.
Scheffel replaces Berger as Allianz corporate boss in London
Allianz Global Corporate & Specialty has confirmed new CEOs from within its existing management team for two of its most important regions with effect from October.
Eiopa announces key appointments to stakeholder groups
The European Insurance and Occupational Pensions Authority (Eiopa) has confirmed the newly elected chairs and vice-chairs of its two stakeholder groups established in March.