Europe
Gallagher appoints chief broking officer
Gallagher has appointed a new market management director from Aon, with incumbent Ron Hayes stepping into the chief broking officer role.
Rob Gibbs leaves RSA as Lee Mooney and Steve Watson step up in Intact specialty integration
Rob Gibbs, commercial lines managing director at RSA, has decided to leave after 23 years with the business, the insurer has confirmed.
COP26 Round up: Week two
Post rounds up the insurance news and announcements from the second week of COP26 in Glasgow.
Intelligence: Brave new world of travel insurance
World travel and its insurance counterpart travel insurance have experienced significant changes over the last 18 months. With all travel cancelled then forced through a traffic light system and now facing a new ‘simplified’ system, Post asks how travel…
COP26 Round up: Week one
Post rounds up the insurance news and announcements from the first week of COP26 in Glasgow.
COP26 Blog: Helping SMEs face the challenges of climate change
Aviva commercial lines managing director Nick Major considers SME attitudes to climate change and how insurers should support these businesses.
'Silent climate' cover in policies a risk as litigation ramps up
Lawyers are working with clients to understand how insurance policies may or may not respond in the event of climate-related litigation, as more governments and companies find themselves subject to lawsuits.
Europe 'big enough' for us sets out Getsafe boss Wiens
Getsafe intends to keep its sights set firmly on Europe, founder and CEO Christian Wiens told Post as the business bagged its German insurance licence and a $93m capital raise.
QBE names Chris Wallace as UK insurance business head
Chris Wallace has been appointed executive director of QBE’s UK insurance business taking over from Cécile Fresneau, who was promoted to run the European Operations insurance division earlier this year.
Motor insurance sees biggest drop for seven years; Apollo gets new investment; Axa sets aside €1.5bn to fight deforestation; Nexus refinances; and Radius acquires Milestone
Post wraps up the major insurance deals, launches and investments of the week
Insurers to sue government on Vnuk
The Motor Insurers’ Bureau is to recommence legal action against the government over inaction on 'unnecessary' Vnuk costs.
Parhelion adds David Foreman as chair
Howden-backed Parhelion has appointed industry veteran and founding member of Ark Syndicate Management David Foreman as chair.
Pullum to oversee GB for WTW as Aubert exits
Anne Pullum, Willis Towers Watson head of Europe, is set to lead the broker’s Great Britain business after head of GB and Willis Limited CEO Nicolas Aubert steps down after today.
Healthy capital levels in reinsurance market, says Guy Carpenter
The reinsurance market had $531bn (£384bn) of dedicated capital at the middle of 2021, a $14bn increase on the end of 2020, Guy Carpenter has estimated in association with AM Best.
PIB deals cost £92.8m in 2020
The cost of buying eight businesses and three books of business totalled £92.8m in 2020 for PIB Group, a filing at Companies House has revealed.
Zurich promotes Paolo Mantero to group chief strategy officer
Zurich Insurance Group has appointed Paolo Mantero as group chief strategy officer succeeding Giovanni Giuliani who is moving to be CEO of Zurich Italy.
UK tops carrier M&A in Europe for first half of 2021
The UK was the leading European country – and second most active worldwide behind the US – for insurance carrier mergers and acquisitions in the first half of 2021, according to research by Clyde & Co.
Willis Towers Watson revamps global management structure after collapsed Aon deal
Willis Towers Watson has set out a three geographies and two segments approach as it restructured its global leadership team in the wake of the aborted merger with Aon.
The top 30 European Insurers 2021: A turbulent time
The impact of Covid-19 saw the European non-life insurance market report a decline in gross written premium and profit after tax. Mathilde Jakobsen, director, analytics, Amsterdam, AM Best, analyses the numbers and reports on the movements in the ranking…
Rupert Moore to succeed Nick Frankland as UK CEO of Aon’s reinsurance solutions
Aon has appointed Rupert Moore to take over from Nick Frankland in leading its reinsurance solutions in the UK as part of a global management reshuffle.
Stephen Hester takes wing to Easyjet after RSA sale
Former RSA group CEO Stephen Hester will become Easyjet chair later this year.
Ardonagh adds £900m to firepower as Ebitda rises and losses narrow
Ardonagh has posted a 33.4% rise in income and a 42.4% increase in Ebitda for the first half of 2021.
Analysis: Europe's costliest weather event
Floods caused by torrential rain across western and central Europe in July are likely to become the continent’s costliest weather event, raising the question of how prepared at-risk communities and insurers are to deal with the onset of climate change.
Blog: Loss adjusting on the emerald isle
Craig Harris, Criterion loss adjuster, reflects on the unique challenges of loss adjusting in Ireland.