Market
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Credit and surety bond markets bounce back but challenges remain
The credit insurance and surety bond markets are showing positive developments following the financial crisis but challenges still persist, according…
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German market in uproar over Solvency II
Germany's insurers are in uproar over Solvency II. After years of more or less ignoring the EU's efforts to unify…
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German insurance market growing again but brokers still feel the pinch
The German primary insurance market is growing again, driven by life, but also helped by the first signs of a…
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Spanish risk managers told soft market is coming to an end
Spanish risk managers have been warned that the soft insurance market is coming to an end, although it is unlikely…
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CEIOPS tells EC to exclude big risks as FERMA nears conclusion of transparency deal
The large commercial insurance and reinsurance markets will be excluded from the European Commission’s updated Insurance Mediation Directive (IMD2) if…
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EC clears the way for ‘transitional regime’ approach to equivalence for Solv II
The European Commission has written a letter to CEIOPS confirming that it wants to adopt a 'transitional regime' for countries…
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IGREA welcomes Solvency II but warns against overburden on insurers
Large Spanish insurance buyers have expressed their support of the Solvency II directive, but have also warned legislators to avoid…
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Mesothelioma employers liability ‘trigger’ case causes concern for insurers
The UK Court of Appeal's recent judgement on when employers liability (EL) policy cover is triggered in mesothelioma cases is…
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Increased scrutiny of Asian re/insurers cat risk will increase costs
Re/insurers will have to make substantial investments to combat a likely increased scrutiny from rating agencies of their Asian catastrophe…
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EU Forum meets to help boost food sector
The first meeting of the High Level Forum for a Better Functioning Food Supply Chain took place on Tuesday. It…
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Aspen Insurance announces FINMA-approved Swiss insurance license
Aspen Insurance Holdings Limited has announced that the Swiss Financial Market Supervisory Authority (FINMA) has approved Aspen Insurance UK Limited's…
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EC identifies key energy corridors to secure supply and increase competition
The European Commission has this week proposed European Union (EU) priority corridors for power grids and gas pipelines that require…
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Premium growth in Maltese insurance sector
On-going expansion and consolidation across the sector have delivered sustained levels of growth in the industry despite what proved to…
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Rising claims and falling profits will not turn French market yet
French insurance buyers have been told for some time that they face higher premiums as insurers come under pressure—but Rodrigo…
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Beginning of the end?-Karel Van Hulle
Solvency II is a big and complicated project that will significantly change the way the European and even the global…
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Industry wide solution to global programmes on FERMA agenda
The FERMA conference in London marked the beginning of a campaign for an industry-wide effort to provide more consistency and…
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A quiet revolution-Clive Tobin
According to Wikipedia Torus is a surface of revolution generated by revolving a circle in three dimensional space about an…
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New electronic buying tool planned for German industrial risks
German industrial groups are making a fresh attempt to arrange a system that will allow them to buy cover via…
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Marsh signs agreement to help avoid overpricing of Iraqi risks
Marsh has signed a mutually exclusive agreement with Anglo Arab Insurance Brokers (AAIB) that aims to help clients with operations…
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Industrial insurers post healthy numbers to support continued stable market
Allianz Group yesterday announced strong third quarter results in terms of revenue growth and operating profits and confirmed its operating…