Berkshire Hathaway Specialty Insurance (BHSI) has established a new office in Paris after receiving its insurance licence in France. BHSI has appointed François-Xavier d’Huart as country manager. BHSI will underwrite property, casualty, and executive and professional lines in France with immediate effect. The company said it expects to launch several other products in the months ahead. “We are pleased to continue…
Risk managers are mostly happy with their risk management information systems, but believe improvements can be made to ensure they better interface with other business software and boost reporting capabilities, according to a report published by French risk management association AMRAE. The 11thissue of AMRAE’s annual guide on risk management software is based, in part, on a survey of 570…
European countries dominate FM Global’s 2019 Resilience Index, taking nine of the top ten positions, led by Norway as the most resilient business environment. FM Global said the top ten was “reshuffled” for 2019, with Norway up from fourth place in 2018. Demark came second, with Switzerland – last year’s most risk-resilient country – in third. The UK was a…
Ping An is the world’s strongest and most valuable insurance brand, according to the latest report by Brand Finance, the brand valuation consultancy. Ping An retained its leading position and saw its brand value increase 93% to $50.5bn in 2019. Brand Finance said Ping An is seeing its investment in technology begin to pay off and reap benefits. “To attract…
Chubb has appointed Karine Paul and Brigitte Vorrath as global client executives within its major accounts team for continental Europe. In the newly created roles, Ms Paul will manage France and the Nordic region, in addition to international accounts in the UAE and India. Ms Vorrath will manage accounts in Germany, Austria, Poland, Czech Republic, Hungary and Russia. Switzerland will…
SCOR has lost a legal challenge that claimed the French Government’s support for a natural catastrophe reinsurance scheme run by Caisse Centrale de Réassurance (CCR) amounts to state aid and conflicts with internal market rules…
SCOR has extended its underwriting ban on the energy industry and will no longer insure or reinsure new coal-fired power plants regardless of the technologies, construction or coal quality…
More and more UK financial services firms are making job cuts because of Brexit, with risk and compliance roles among those most under threat, according to analysis by Talent Ticker, which monitors staffing trends…
AXA insures two contractors working on Notre-Dame’s restoration prior to the fire that ripped through the cathedral, and provides cover for some of its relics and religious artwork, the company said…
Chubb has launched a new service in continental Europe, the UK and Ireland to help clients deal with environmental incidents…