Europe
Kennedys to merge with US insurance law firm
Kennedys will be merging with US insurance law firm Carroll McNulty & Kull to create a global insurance practice.
Halo to offer car hire excess insurance to Italian market
Insurtech broker Halo Insurance Services has expanded into the Italian market by offering car hire excess insurance policies.
Beazley to open Barcelona office in Europe expansion
Beazley has launched its Europe expansion with the opening of a Barcelona office.
Finishing line in sight for the IPID
Although many who voted for Brexit may have hoped otherwise, leaving the European Union will not enable the UK insurance community to turn a blind eye to the insurance regulations dreamed up by those famously unelected bureaucrats in Brussels. Although…
QBE to apply for European licence outside the UK
Australian giant QBE is planning to apply for a European passporting license outside of the UK as a result of Brexit.
AIG returns to Q1 profit despite poor COR performance
Global P&C and life insurer AIG bounced back to profit in the first quarter of 2017 despite some poor underwriting performances.
Allianz Group sees profit rise by 9%
Allianz Group has seen operating profit rise by 9% in the first quarter, from the same period last year.
Vienna Insurance Group acquires Axa Life in Romania
Vienna Insurance Group has closed the acquisition of Axa Life in Romania, increasing its presence in the country.
Ex F1 mechanic to speak at IBIS 2017
A former Formula One race mechanic will address the International Bodyshop Industry Symposium taking place in June in Madrid.
Europe: Insuring robots (and against robots)
Robots are becoming ubiquitous. Do we need specific insurance? And do they?
Brand reputation is top risk to companies worldwide
Brand reputation and damage is the top concern for business across the globe according to survey findings from Aon.
Building Block expands into Portugal
Malta-based PCC Building Block has partnered with Automovel Club de Portugal to launch health excess insurance to ACP’s members.
Vienna Insurance Group doubles profits in 2016
Austrian Insurer Vienna Insurance Group has reported profits before tax of €407m (£340.7m) for 2016.
FCA increases budget to tackle Brexit costs
The Financial Conduct Authority has increased its operating budget as a result of Brexit demands.
Insurance M&As expected to focus on insurtech
The days of mega-mergers in the insurance industry may be behind us as consolidation activity has dropped significantly from the peaks of 2014 and 2015. The sector is contemplating this change of gear and steadying itself in the face of waves of global…
Blog: Don't be phased by the IDD
Insurance companies and intermediaries responsible for selling insurance and reinsurance products should not be phased by the prospect of tightening rules to guard against mis-selling, following the publication of the first of two consultation papers…
Kieran Rigby appointed as president of Crawford International
Kieran Rigby has been appointed to president of Crawford international, encompassing the UK, Europe, Asia-Pacific and Latin America.
Paulson to leave AIG's board
Activist shareholder and hedge fund manager John Paulson is set to leave US-headquartered global insurer AIG.
Brexit uncertainty to curb European insurance M&A
The political uncertainty surrounding Brexit will reduce merger and acquisition deals in Europe, according to AM Best.
Building Block expands into Spain
Malta-based Building Block has signed an agreement with broker Slora to sell gadget insurance in Spain.
This Month in Post: Rates, start-ups and fraud
Spring is in the air and it's a time well-known for cleaning out the old and starting anew. As I continue to unpack boxes and work out where to put all of the fairly useless things I have collected over the decades, the industry has been taking its own…
M&A insurance growth undeterred by Brexit uncertainty, says JLT
The demand for mergers and acquisitions insurance remains strong despite fears that Brexit uncertainty may hinder growth, according to JLT.
Solvency II: still dividing opinion in the insurance industry a year on
In light of Brexit, what will regulation look like in the future?
Interview: John Nelson, Lloyd’s of London
It is the most prestigious chairmanship in UK insurance. But next month, John Nelson will step down after six years in the role of Lloyd’s chairman. He talks to Ryan Hewlett about steering the market through one of its most turbulent periods