Luxembourg
Top 30 European Insurers of 2024 revealed
The top 30 European non-life insurers achieved another year of solid top line growth in 2023 with the average growth rate of the companies being 9.8%.
Howden reveals football's Covid losses; Convex opens new European subsidiary; Volante gets new syndicate approval from Lloyd’s; and Zurich supplants Axa as MGA's £105m capacity
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Howden ready to buy again with £500m of firepower
Howden Group has a £500m warchest for acquisitions and investments, CEO David Howden told Post as the firm reported 6% organic growth in 2020.
RSA employee reps seek ‘urgent’ clarity on takeover redundancies
Clarity on the potential for 200 UK job losses, and more in Scandinavia, is being sought by RSA employee representatives.
Top 30 European Insurers 2020: A year of profit
The top 30 European insurers saw growth in non-life premiums in 2019 and overall profit after tax was significantly higher than in 2018. Mathilde Jakobsen, director, analytics, AM Best, explains what the market is facing
RSA appoints Rachel Conran as CUO of global risks solutions
RSA has appointed Rachel Conran as chief underwriting officer for its global risk solutions business.
Liberty redomiciles its European insurance company to Luxembourg
Liberty Mutual Europe has completed its re-domicile from the UK to Luxembourg.
42% of insurers and brokers have made or are considering Brexit moves
Nearly half of insurance brokers and insurers are considering moving or have confirmed that they are moving some of their operations and staff as a result of Brexit.
AIG appoints new Europe CEO
Aspen Re’s CEO Thomas Lillelund has been appointed CEO of AIG Europe SA, subject to regulatory approval.
Hiscox Retail helps drive 27% boost in group profit at H1
Hiscox saw pre-tax profit climb 27% to $164m (£125m) in the first half of 2018, with the insurer’s retail arm contributing more than half of that figure.
CBL-owned broker files for liquidation
French construction broker SFS Europe, which is majority owned by CBL, has placed itself into voluntary liquidation.
Interview: Bronek Masojada, Hiscox
Holidaying in North Korea isn’t most people’s idea of the dream summer break, but the kite surfing, Caterham racing CEO of Hiscox, Bronek Masojada, sees it as just another part of living life in the fast lane, as he explains to Ryan Hewlett
RSA outlines plans to transfer commercial EU business to Luxembourg
RSA's UK business will transfer all of its passported business for commercial customers to its recently approved post-Brexit hub in Luxembourg.
RSA Luxembourg gets thumbs up from regulator
RSA’s Luxembourg insurance hub has been granted approval by the country’s regulator, the Commissariat aux Assurances.
AIG moves European business to new UK and Luxembourg units
AIG has formed new insurance companies in the UK and Luxembourg that will see all business transferred to the new entities ahead of the UK leaving the European Union.
CBL-owned broker struggling to get approval in France
SFS France, which is owned by CBL, is having difficulties getting approval from Orias, the French association registering and approving brokers.
Interview: Romaney O'Malley, AIG
AIG head of UK regions Romaney O’Malley has been heading the group’s industrial segment since June 2016. She explains to Will Kirkman how the insurer is reshaping its approach to risk and fostering its female talent
Axa's Evan Waks on getting post-Brexit certainty
As UK insurers wonder how to continue trading in European Union countries after Brexit, Evan Waks, chief risk officer at Axa UK, argues a transition period would offer much needed certainty.
Eleanor insured losses estimate updated to £571m
Extratropical Cyclone Eleanor is estimated to have caused €643m (£571m) in insured property market losses, according to Perils.
CNA Hardy appoints Middleton as CEO of Luxembourg hub
CNA Hardy has named Stuart Middleton as CEO of their Luxembourg subsidiary.
Post Power List 2018: Isabelle Goubin
Chair, Commissariat aux Assurances (Luxembourg)