Switzerland
US expected to achieve Solvency II equivalence
The US solvency regime for insurers is expected to achieve equivalence with the European Union's Solvency II requirements according to Fitch Ratings.
Japanese, Swiss and Bermudian regimes largely equivalent to Solvency II, says Eiopa
The supervisory systems operating in Switzerland, Bermuda and Japan are largely equivalent to Solvency II, but not for all classes, according to the European Insurance and Occupational Pensions Authority.
Swiss Re upgraded to 'AA-'
Standard & Poor's Ratings has raised its long-term counterparty credit and insurer financial strength ratings on Swiss Re and its core subsidiaries to 'AA-' from 'A+'. The outlook on all of these entities is stable.
Axa reports revenue up across Europe for Q3
Axa has reported increases its third quarter property & casualty revenues for all regions in Europe.
Ace’s earnings hit by investment losses
Ace has reported reduced profits for the first nine months of 2011 and a loss for Q3, which it blamed on $760m in net realised investment losses.
In series: Lloyd's & London Market: Staying number one
Tightening regulation and a less advantageous tax regime are making it tough for Lloyd’s to retain its pre-eminence, but is protectionism the greater threat?
In series: Lloyd's & London Market: Staying number one
Tightening regulation and a less advantageous tax regime are making it tough for Lloyd’s to retain its pre-eminence, but is protectionism the greater threat?
European insurers vie for KBC's Polish Warta
Several European insurers are believed to be in the running to acquire Polish insurance company Warta from Belgium's KBC, according to reports from Polish financial daily, Parkiet.
Insurance Insight weekly update live
Insurance Insight’s weekly update is live with an article on how European insurers will be affected by US Asbestos, Pollution and Health Liabilities when Solvency II is implemented; and a guest blog on brokers putting business out to auction.
European insurers and US Asbestos, Pollution and Health liabilities
European insurers may not currently be focused on US Asbestos, Pollution and Health liabilities but according to John Winter they need to act now to avoid problems as Solvency II is implemented.
Guest blog: Offer to sell?
I recently had an interesting debate with a seasoned insurance practitioner, the chief executive officer of an insurance company in the Middle East and Africa region.
PwC names chair of actuarial services network
Richard Batty is to chair PwC’s actuarial services network.
PwC names chair of actuarial services network
Richard Batty is to chair PwC’s actuarial services network. In his new role, Batty will work with Bryan Joseph, PwC’s global actuarial leader, to develop the company's global actuarial consulting practice.
Interview - Ann Haugh: Making the right decisions
UK CEO of Zurich Global Corporate Ann Haugh has never been averse to taking risks and reveals her determination to grow the business is as strong as it is strategic.
Ratings watch: the risk of negative outlooks
The Greek sovereign debt crisis has raised questions about insurers’ investment portfolios and the ratings they attract because of this. Jakki May explains why brokers should be aware of the issue to provide the best service to their customers.
Swiss Re corporate aims for top 10 commercial position
Swiss Re’s new dedicated commercial arm is aiming to be a top 10 player for brokers in the corporate market.
Swiss Re announces board changes
Swiss Re wants Robert Henrikson, chairman and former chief executive officer of MetLife, to join its board at its AGM on 13 April 2012. He will succeed Robert Scott who is retiring.
BIS 2011: EU economy could go into meltdown, warns former Bank of England boss
The former deputy governor of the Bank of England Sir John Gieve has forecasted the European economy will either slowly limp along to recovery and see unemployment rise or go into complete meltdown.
Whiplash - Britain: The European whiplash capital
With its proportion of whiplash claims far outstripping any other European nation, what must the UK do to curb this cause of claims inflation?
Helvetia sells health and accident portfolio
Helvetia Switzerland is divesting itself of its health and accident portfolio.
AIR updates European wind and earthquake CAT models
Catastrophe risk modeling firm AIR Worldwide has released updates to its Extratropical Cyclone and Earthquake Models for Europe.
Insurance Insight weekly update live
Insurance Insight’s weekly update is live with an article on the growing problem of travel clinic fraud: and a blog asking when the Middle East will stop being an emerging market?
Catastrophe poll result
Find out if the market voted for government to be the fund of last resort in catastrophes?
Guest Blog: Middle East: Emerging or developed?
To understand where the Middle East insurance markets are heading you first have to look at where they are coming from.