Germany
Barclays Corporate bolsters insurance team with new appointment
Barclays Corporate is growing its corporate banking franchise in the insurance sector with the appointment of Jean-Pierre Darque, who will take on the role of relationship director within the insurance team, covering Western Europe.
Allianz Group’s net profit falls by 7%
Allianz Group has generated a quarterly net income of €1.1bn (2010 - €1.2bn), despite a net burden of €326m due to current impairments for Greek sovereign bonds and “significantly adverse” currency movements.
Axa sees P&C revenue up 3% to Euros 15.4bn in first half of 2011
Axa Group has revealed that underlying earnings are up 10% to Euro 2.2bn (£1.34bn) in the first half of 2011.
Munich Re's losses slow in second quarter
Munich Re posted a consolidated loss of €210m for the first half of 2011, compared with a profit of €1194m in the same period last year.
Kiln appoints accident & health underwriter in Frankfurt
Kiln has apopointed Christian Kosbab as accident and health underwriter in Frankfurt.
Exclusive IP and catastrophe articles now live
Insurance Insight’s weekly update is live with articles on intellectual property and natural catastrophes.
View from the Top: Threat from wave of natural catastrophes?
The spate of natural catastrophes around the world shows no signs of abating.
European brokers set to benefit from IP growth
The value of intellectual property has come to the fore in recent months and according to Sam Bobo smart European brokers will be investing in developing insurance for this area in order to corner an expanding market.
Allianz Re unveils new approach to crop insurance
Allianz Re's agriculture team is developing a new crop insurance approach which better manage Earth’s natural resources, the group announced today.
Insurance Insight’s first weekly update live
Insurance Insight’s first weekly update is now live with an article on global insurance programmes and how local can some times be best; as well as a View from the Top on the need for insurers to be flexible when it comes to risk management.
View from the Top: Time for a new way of working with risk
Having recently attended the Airmic conference in Bournemouth, it struck me how much the risk management profession has changed over the last decade.
Risk management: the issue of local v global
Companies are increasingly becoming global but as Tracey Clayton argues this does not always mean that having a global insurance programme forced on them is the best option.
Ace makes Continental appointments
Ace has promoted Andreas Wania from Central and Eastern Europe manager to chief operating officer for Ace Germany and will be based in Ace’s Frankfurt office.
Post history - 50 years ago: Draft war settlement laid out
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 50 years ago reveals.
Fitch affirms German mutual Gothaer's 'A' rating
Fitch Ratings has affirmed Gothaer Allgemeine Versicherung AG's and Gothaer Lebensversicherung AG's insurer financial strength ratings at 'A' and long-term issuer default ratings at 'A-'.
Fitch affirms German mutual Gothaer's 'A' rating
Fitch Ratings has affirmed Gothaer Allgemeine Versicherung AG's and Gothaer Lebensversicherung AG's insurer financial strength ratings at 'A' and long-term issuer default ratings at 'A-'.
AM Best affirms ratings of German insurer SOVAG
AM Best has affirmed the financial strength rating of B++ (Good) and the issuer credit rating of 'bbb' of SCHWARZMEER UND OSTSEE Versicherungs-Aktiengesellschaft SOVAG. The outlook for both ratings remains stable.
Allianz recruit strengthens XL property business
XL Insurance has appointed Ralf Brunner property underwriting manager for Germany and Switzerland, based in Munich.
AM Best affirms ratings of German insurer SOVAG
AM Best has affirmed the financial strength rating of B++ (Good) and the issuer credit rating of 'bbb' of SCHWARZMEER UND OSTSEE Versicherungs-Aktiengesellschaft SOVAG. The outlook for both ratings remains stable.
Allianz recruit strengthens XL property business
XL Insurance has appointed Ralf Brunner property underwriting manager for Germany and Switzerland, based in Munich.
Exclusive Fleet and accident content live
Insurance Insight’s weekly update is now live.
Sustaining work-related road safety in hard times
Research shows 16% of hospitalisation crashes and 24% of fatal crashes involve someone driving for work. Dr Will Murray puts forward the legal and financial case for European organisations implementing a collision free culture.
Exclusive Fleet and accident content now available on Post Europe
Post Europe’s weekly update is now live with all the latest news and an article on how implementing a collision free culture can help fleet safety; as well as a View from the Top on how accident cover in Spain has been hit by the financial crisis.
Post Europe: Sustaining work-related road safety in hard times
Research shows 16% of hospitalisation crashes and 24% of fatal crashes involve someone driving for work. Dr Will Murray puts forward the legal and financial case for European organisations implementing a collision free culture.