Sweden
Swedish pet insurance market a model for UK players
The UK pet insurance market could learn a lot from its competitors in Sweden, according to technology firm Aquarium, particularly collaborating with partner agencies such as veterinarians and the police.
Chinese investment firm buys Sirius International
Chinese investment firm China Minsheng has bought Sirius International Insurance for $2.24bn (£1.4bn) from White Mountains.
Perils revises loss estimate from windstorm Elon-Felix to €335m
Independent Zurich-based loss data provider Perils has disclosed its second loss estimate for windstorm Elon-Felix which affected Western and Northern Europe from 8 to 11 January 2015.
Catlin completes Insure the Box sale
Aioi Nissay Dowa Insurance has finalised its acquisition of Insure the Box and Drive Like a Girl from Catlin.
Furniture giant Ikea enters insurance market
Homeware retailer Ikea has entered the Swedish insurance market selling child and pregnancy policies with a trial of home insurance products planned for the coming weeks, according to reports.
Willis completes acquisition of Sweden's Max Matthiessen
Willis has completed its acquisition of a 75% controlling stake in Swedish insurance adviser Max Matthiessen.
Swedish flood claims more than double in 2014
Sweden’s insurers face a heavy hit from natural catastrophe claims, as the number of flood damage claims lodged reaches more than double the previous year’s total.
Insurers behind banks on mobile offerings
Insurers continue to lag behind their banking counterparts when it comes to mobile websites and apps, according to research from CP consulting.
Global insurance law alliance Insuralex unveils Connelly as new president
Insuralex, the global insurance lawyers group, has elected Michael Connelly, a partner of Connelly Baker Wotring, as president.
Perils revises Windstorm Xaver loss estimate up by €32m
Independent Zurich-based loss data provider, Perils has disclosed its third loss estimate for windstorm Xaver.
Willis strengthens Swedish operation with £121m acquisition
Willis Group has paid $205m (£121m) to acquire a controlling stake of approximately 75% in Swedish employee benefits advisor Max Matthiessen.
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.
Gable enters Swedish market
Gable Holdings has expanded its business into Sweden providing commercial combined products in the education and retail property sectors.
Car dealers took €16.3m from insurance services in 2012
Europe's car dealers sold policies worth an estimated €16.3bn in 2012 across six major insurance, warranty and assistance types plus niche insurance products available in some countries, according to research by Finaccord.
Industry plays down impact of St Jude and Xaver storms on full-year results
Losses expected to be ‘in tens of millions, not high hundreds of millions’.
AIG rolls out broker trading platform in mainland Europe
AIG is rolling out an e-trading product for brokers across five European countries following the launch of the platform in the insurer’s UK and Ireland businesses earlier this year.
International: Europe: Changing the channel
A recent study suggests insurers are failing to take advantage of digital channels. How can they harness the benefits on offer?
AGCS expands Swedish presence with branch office
Allianz Global Corporate & Specialty has unveiled a new branch in Stockholm, growing its base in the Nordic region.
Europe: A pen for Europe?
Managing general agents have seen a resurgence of popularity in the UK, but has there been a similar renaissance across the continent? Tim Evershed investigates.
Axa whiplash report calls for compulsory MRI scans as evidence
The UK should introduce mandatory MRI scans and impose a time limit on the appearance of symptoms to curb the number of spurious whiplash claims, according to Axa.
Allianz buys Swedish windfarm for undisclosed sum
Allianz said on Wednesday it has bought a Swedish windfarm taking its investment in renewable energy in Europe above €1.5bn.
Analysts bullish on Tryg's Q1 prospects
Analysts at Berenberg Bank have said they expect Nordic insurer Tryg to post a combined ratio of 91.1% for the first quarter, on the back of benign winter weather across Scandinavia and favourable investment markets.
Market losses support improvements to flood and windstorm database
Catastrophe insurance data provider Perils has updated the property sums insured exposed to UK flood as part of an update to its Europe Industry Exposure Database.
Torbjörn Magnusson elected VP of Insurance Europe
Torbjörn Magnusson, president and chief executive of If P&C Insurance, Sweden, has been elected vice-president of Insurance Europe.