Europe
Mapfre increases international business premiums
Spanish insurer Mapfre also increases its attributable result to €926.8m, and added consolidated revenues exceeded €18.8bn, a 6.3% rise over 2008.
CEIOPS agrees to co-operate closer with Swiss regulator
Members have also decided the Swiss supervisory regime of reinsurance undertakings equivalent to that applying to EU reinsurers.
Osborne outlines UK recovery plan
Shadow Chancellor details the eight benchmarks against which it hopes its success to be judged if it wins the upcoming election.
Former AIG vice president takes new non-exec role
Phil Green joins the Wesleyan Assurance Society board.
Munich Re's profits jump in 2009
Munich Re has reported that its profits rose to €2.56bn in 2009 from €1.58bn in 2008. The Germany-based reinsurance giant's fourth quarter profit also grew substantially, jumping to €0.78bn from €0.11bn in the fourth quarter of 2008.
Neste Oil to receive EUR 47.5m from reinsurers
Finnish oil refining company Neste Oil has announced that it will receive 47.5m euros from a syndicate of reinsurers following a fire at a refinery in April 2008
Two step down at Aviva subsidiary
Delta Lloyd on the look out for two new members of its supervisory board.Philip Scott and M H M (Marcel) Smits have resigned their membership of the supervisory board of Delta Lloyd on account of changes in their principal occupation.
Swiss GI premiums up 0.7% in 2009
SIA added it is striving for the "recognition of the equality of supervision between the EU and Switzerland" with regards Solvency II
Zurich backs ILO facility
CEO Martin Senn said donation wwas critical to long-term business plan.
MMA parent reveals earned premiums of €13 bn in 2009
Covéa added its solvency margin, including unrealised capital gains, exceeded regulatory requirements by over three and a half times.
Analysts estimate Allianz, Fortis, and Munich Re have large exposures to Greece
Analysts at JP Morgan estimate that Allianz Fortis and Munich Re have a large amount of bond exposure to Greece.
Buffett may boost his stake in Germany's Munich Re to over 5%
Warren Buffett owns the rights to Munich Re shares that would bring his stake in the reinsurer to over 5%, according to newswire Bloomberg.
Axa appoints new European CEO
Chairman Henri de Castires welcomes Jacques de Vaucleroy as CEO of Northern, Central and Eastern Europe.
CEIOPS agrees to set up new Solvency II task force
Body to deliver QIS5, the final qualititative impact study under Solvency II.
Aon poltical risk map launched
Political and financial instability remain a feature of the business landscape as a result of the recession, according to Aon Risk Services.
Beazley establish Oslo business
Lloyd's (re)insurer starting business in Norwegian capital
Global economic recovery to slow this year - World Bank
The global economic recovery that is now underway will slow later this year as the impact of fiscal stimulus lessens, the World Bank has said in a report.
Reinsurance Reader Awards 2009
And the winners of the Reinsurance Reader Awards 2009 are...
Liberty International Underwriters names casualty boss
Chris Batchelor lands London role
GI holds firm across Europe according to new figures
CEA also claims the number of insurer rose across the continent for the first time in a decade.
Eastern Europe: Eastern blocked
After years of impressive growth, Eastern Europe is feeling the pinch. Mairi Mallon looks at the state of the markets in the region,
Interview - Annette Court: Insurance at heart
Annette Court left Royal Bank of Scotland in 2006 as CEO of its insurance division to join Zurich. She talks to Jonathan Swift about a challenging and rewarding first 24 months as its European non-life chief.
European run-off report - The lie of the land
Dan Schwarzmann and Andrew Ward of PricewaterhouseCoopers explain how the views of the market gathered for its Third Survey of Discontinued Insurance Business in Europe support their opinion that times might be tough, but opportunities abound.