Europe
French insurance market faces innovation challenge
The French insurance market is complex due to its legal and competition structure, as well as the ways and customs of the French themselves. However, as Jean-Pierre Menanteau explains, if insurers take customer service and innovation seriously they can…
FSA chairman warns against EU interference in regulation
Lord Adair Turner has insisted the UK’s regulatory system is better served remaining under the control of UK authorities, and not in Brussels, according to reports.
Exclusive French insurance review now available
In our latest article the chief executive officer for Aviva France Jean-Pierre Menanteau looks at the complex legal and competition structure in the French Insurance market.
L&G signs corporate governance pledge
Legal & General Investment Management has signed up to the United Nations Principles of Responsible Investment.
Wind turbine modelling tool launched
A new wind energy risk assessment tool aims to give wind operators access to more competitive premiums.
Ocaso retains A+ rating
AM Best has affirmed the financial strength rating of Ocaso Seguros y Reaseguros.
Gable doubles GWP
Gable Holdings has produced gross written premium of £8.63m (H1 2009: £4.0m) for the six months ended 30 June 2010.
Mutuals called to engage with Solvency II debate
The Association of Mutual Insurers and Insurance Cooperatives in Europe has called for its members to participate on the ongoing “debate” about the final design of Solvency II.
Kiln opens Frankfurt office
Kiln has launch a new German office based in Frankfurt.
MSIG announces three appointments
Mitsui Sumitomo Insurance Underwriting said that as part of an ongoing strategic development programme in the UK and Europe, is has made three new senior appointments in PI, business planning and reinsurance.
European legislators cautious over legal liability expansion
Recent legislative developments across Europe reveal a level of conservatism among legislators who are cautious over the pace at which legal liability should expand in Continental Europe.
Lloyd’s moves underwriting room to Dublin for industry event
Lloyd’s recreated its underwriting room in the Dublin Convention Centre for ‘Meet the Market’ day, the first event of its kind in Ireland.
S&P: Capital balance must be struck
Mark Coleman, analyst at Standard & Poor's, has told Reinsurance that while the ratings agency encourages strong capital reserves, there is a balance that must be struck.
PWC: Expect more solvent schemes
At the Monte Carlo rendez-vous, Pricewaterhouse Coopers told delegates it expects the number of insurers and reinsurers entering solvent schemes to grow.
Quinn: sale "not impacted" by UK decision
Quinn has responded to the Central Bank and Financial Regulator’s decision today not to allow its insurance business to re-enter the UK commercial lines market.
Quinn refused re-entry to UK commercial market
Quinn Insurance will not be allowed to re-enter the UK commercial lines market following a decision by the Irish Regulator and Central Bank.
Glacier Re CFO resigns
Glacier Reinsurance has appointed Andreas Zdrenyk to the position of chief financial officer with immediate effect.
AM Best upgrades Scor rating
AM Best Europe has upgraded the financial strength rating to A (Excellent) from A- (Excellent) and the issuer credit ratings to 'a' from 'a-' of Scor and its subsidiaries.
GC launches global P&C report
Despite spiralling losses, global reinsurance rates generally declined through the 2010 reinsurance renewals, according to Guy Carpenter.
Lloyd's chief calls on industry to engage with regulators
Lloyd’s chief executive Richard Ward has called for the reinsurance industry to take active role in regulatory debate.
WCM appoints independent non-executive
Lloyd’s managing agent, Whittington Capital Management, has appointed Jim Ramage as an independent non-executive director.
Hannover Re to "benefit" from Solvency II
Property and casualty reinsurance market pricing continues to soften according to Hannover Re, but prices and conditions are for the most part still acceptable.
AIR updates European cyclone model
Catastrophe risk modelling firm AIR Worldwide has released an update to its extra tropical cyclone model for Europe.
An overview of the Bulgarian general insurance market
Motor insurance is the engine that pulls forward the insurance business in Bulgaria but, as Kalin Dimitrov reports, there is huge potential for the market to develop in many other areas.