Germany
UK insurers face capital hike under RMS v11
UK insurers may see increases of up to 97% in their capital requirement for catastrophe exposures under Solvency II rules when making calculations under the new RMS model version 11, with French and German insurers facing similar though not quite so…
German financial watchdog on the hunt for new insurance head
Germany's financial regulator Bafin is seeking a new head of insurance supervision following Gabriele Hahn's move to a new role after only 18 months in the job.
MGA Dual expands with new Austrian office
Dual Group, the underwriting arm of Hyperion Insurance Group, has announced that Dual Austria will open its doors in Vienna on 1 July fronted by liability specialist Hannes Puchner.
Germany 'must open up' to global insurance market
The Eurozone crisis and the export-led boom in German industry mean that Germany's insurance buyers must look to markets outside their own borders for insurance solutions, according to Jan Blumenthal, Lloyd's general representative for Germany.
View from the top: German PI market open for growth
Germany's nascent professional indemnity market still lags behind those of its European peers, but it has considerable growth potential, as Frederik Wulff explains.
Towers Watson opens German branch
Towers Watson (Re)Insurance Brokers has continued its expansion in continental Europe with the creation of an operation in Germany.
Europa to delist following acquisition
Talanx International AG and Japanese insurer Meiji Yasuda Life Insurance Company have successfully closed their joint acquisition of the Polish Europa Insurance Group.
Munich Re pulls Indian reinsurance support over premium concerns
Munich Re has almost pulled out of India entirely, it has been reported.
Terrorism and civil unrest: Risky business
With several parts of the world engulfed by violence and civil unrest, is traditional terrorism and political risk cover increasingly irrelevant?
Talanx enters Indian market via joint venture
Talanx-owned insurer HDI-Gerling will enter the Indian market through a joint venture with Indian firm NBFC Magma Fincorp after a three-year bid to gain a licence for the region.
Social Media: The social media circle
With a culture of risk aversion, insurance is not a major social media player. But will the emergence of innovative German player Friendsurance change things?
Post magazine - 24 May 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
HDI Gerling opens Singapore branch
HDI Gerling is opening a Singapore branch after obtaining a licence from the Monetary Authority of Singapore.
Allianz posts 57.9% increase in net income for Q1
Allianz recorded strong performance in the first three months of 2012, with quarterly revenues, operating profit and net income all exceeding first-quarter 2011 levels.
Generali records 6.1% GWP growth
Italy-based insurer Generali's gross written premiums grew 6.1% to €19.8bn in the first quarter, with business outside Italy accounting for 75.2% of the total.
Allianz hunts P&C acquisition targets
German insurer Allianz is considering property and casualty acquisitions, having a better grasp of future capital requirements for the business under Solvency II, according to reports.
Munich Re returns to first-quarter profit
Munich Re achieved a consolidated profit of €782m in the first quarter of 2012, compared with a loss of €948m in the same period a year ago.
All eyes on Polish regulator after EC clears Warta aquisition
The European Commission has cleared under EU merger regulations the acquisition of Polish insurance company Warta by Germany's Talanx International and Japan's Meiji Yasuda Life Insurance.
Allianz 'on track' for 2012 target after €2.3bn profit in Q1
Allianz Group achieved revenues of over €30bn in the first quarter of 2012, compared to €29.9bn in the first quarter of 2011, according to preliminary figures.
Terrorism and political violence poll result
Risk downgrades were applied last week to the UK, France, Germany, Italy, Portugal and Spain.
Allianz sticking to targets for P&C profit plans
Allianz's attempt to more than double operating profit at its German property and casualty unit in the next three years is "on plan", according to Markus Riess.
Slim-line Talanx looking to shed 730 jobs by 2015
German insurance group Talanx plans to save €245m annually by cutting 730 jobs in a reorganisation of retail operations in its home market.
Spotlight On Technology: The developing world
With technological developments gathering pace, how will insurers cope with the influx of new gadgets and remain innovative?
Insurance Insight – top 10 stories
The top 10 most popular articles published on insuranceinsight.eu over the past seven days.