Greece
Q&A: Onno Janssen, CEO, PIB Group Europe
Onno Janssen, CEO of PIB Group Europe, speaks to Scott McGee about PIB's European expansion, and how the the UK and the continent’s regulatory environment differs.
Blog: Brexit could leave motor insurers without room for manoeuvre
British drivers who have a car accident in the European Union can currently seek redress through UK courts but Brexit could change that. Mark Hemsted, partner at Clyde & Co, lists the points to keep an eye on.
Blog: Counteracting travel risks with enhanced connectivity
As travellers venture further afield and mobile devices touch on all areas of life, Chris Knight, head of corporate services for Cega, asks if travel insurers are missing a trick by not contacting with their customers to offer real-time risk updates.
Uncertainty hampering M&A activity, says Clyde and Co
Corporate uncertainty around Brexit and tighter Chinese monetary controls has been hampering M&A activity in global insurance this year according to international legal firm Clyde and Co.
Exin buys 75% stake in Ethniki as it looks to drive 'renaissance for the industry'
Exin Financial Services has purchased a 75% stake in insurer Ethniki Hellenic General Insurance from National Bank of Greece for €718m (£631.8m).
Insurance Europe report details widely ranging continental claims payouts
The cost of motor insurance claims varies widely across Europe, according to a report released by Insurance Europe, the European insurance and reinsurance federation.
Eurozone insolvencies to exceed 2007 level by 67% in 2016
Insolvencies in the Eurozone are 75% higher in 2015 than they were in 2007 with trade credit insurer Atradius predicting they will remain 67% higher than the 2007 level in 2016.
Non-payment may be insufficient grounds to deny cover following Grexit
European insurers’ credit exposure to Greece is likely to be ‘manageable’ in the event of a Eurozone exit, but firms underwriting Greek individuals and business could face protracted contract disputes, market sources have warned.
C-Suite - MGA: Facing up to more Greek tragedies
If the Greek debt crisis leads to the failure of the euro, the industry may face a new set of risks.
Axa issues travel policy guidance on Greece and Tunisia
Insurer Axa has agreed to double the cash limit on all travel products at point of claim for customers travelling to Greece or any Greek islands until 30th September 2015.
Insurers warned to 'think the unthinkable' and prepare for Grexit
A decision by Greece to leave the Eurozone could have huge ramifications for insurers and their policyholders law firm CMS has warned.
LMA reissues guidance in face of Greek exit fears
The Lloyd's Market Association has reissued guidance and a model relating to the withdrawal of a country from the Eurozone as doubts about Greece's future intensify.
Grexit edges closer as country heads for July 5 referendum
Greek banks will not open this week, following the European Central Bank’s decision not to extend emergency funding to the troubled Eurozone state.
Aon Benfield swoops for Adriatic reinsurance broker
Aon Benfield has purchased a Greece and Cyprus focused reinsurance broker, recruiting 11 local staff in the process.
Cost of workplace accidents 'unacceptably high' says Greek Labour Minister
Greece’s Labour Minister has called for greater investment in health and safety to tackle the high cost of workplace accidents across the European Union.
UK among most SII ready but Pillar 3 presents 'major challenge'
Nearly 80% of European insurers expect to meet Solvency II requirements before January 2016 with Dutch, UK and Nordic firms outstripping their French, German, Greek and Eastern European counterparts in terms of readiness.
Spain protests innocence as more countries refuse EHIC
European hospitals accused of trying to profit from insurers
Hellenic P&I club waives 50% of annual premium
Members of the Hellenic War Risks Club will pay 50% less for war risks insurance in 2013 following a decision by club directors to waive the second installment of the annual premium.
P&I Club anticipates "most expensive year" for International Group pool
The London P&I Club’s result for the 2012/2013 financial year was a surplus across all classes of $9.4m, increasing the free reserve to $154m.
The changing face of political risk cover
Traditionally political risk has been seen as an insurance product designed to protect businesses operating in the emerging markets and politically volatile areas of Asia, Africa and Latin America.
Insurance Insight Q+A: Frank Pinder, Global Options
Global Options president Frank Pinder speaks to Francesca Nyman about fraud, special investigative units and the US company’s European ambitions.