CRE Insurance
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Pricing discipline will help boost U.K. insurers earnings says Fitch
Fitch Ratings has revised its rating outlook on the U.K. non-life sector to stable from negative based on the credit…
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Don’t panic over mandatory ELD prospect says ACE
Insurance buyers should not fear an E.U.–wide mandatory financial guarantee scheme for Environmental Liability Directive (ELD) coverage that could, in…
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E.U. introduces two Directives to enhance worker rights and safety
The European Union adopted two Directives last week designed to improve worker’s parental leave rights and protect them from injury…
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Reinsurers say first quarter cats insufficient to turn market – just
As insurers and reinsurers worldwide continue to report strong 2009 full year results largely on the back of low catastrophe…
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Non-life rates could rise by up to 20% because of tougher Solvency rules says CEA
Pressure on the architects of Solvency II, Europe’s planned new capital adequacy regime for the insurance sector, to relax recently…
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Insurers and buyers fear rash E.C. decision on mandatory environmental coverage
A European Commission report on the efficiency of the Environmental Liability Directives (ELD) is due next month and could recommend…
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Marsh Germany still seeks new CEO as Kado takes reins
Sven Kado, Chairman of Marsh Germany, has taken over as interim Chief Executive Officer of the Frankfurt-based arm of the…
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Geneva Association seeks credit for insurers on systemic risk
No insurers and reinsurers pose a systemic risk to the wider financial market based on criteria used by the Financial…
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Europe’s insurers face up to €3bn bill for storm Xynthia
Winter storm Xynthia will probably cost insurers between €1.5bn and €3bn for losses incurred in France, Germany, Belgium and the…
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Greenberg free to talk as AIG confirms further asset sales
Maurice R. Greenberg, the former Chief Executive of AIG, has stated that he believes he no longer faces possible criminal…
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European insurers eye Asian expansion in Prudential’s wake
Allianz, Axa and Zurich are believed to be keen to follow the path taken by Prudential of the U.K., that…
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Don’t let the politicians pass the ELD buck – Comment
There is no bigger supporter of cross-border efforts to try and save the environment from man’s rapacious appetite for natural…
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Flat market for corporate business forecast by major European carriers
During a series of interviews carried out with a group of executives from Europe’s leading industrial insurance carriers just before…
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New risks, new world
The French risk and insurance management profession set a big challenge for themselves and insurers during this year’s AMRAE conference…
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Business as usual… almost – Nicolas Aubert
Chartis’ French operation is one of the biggest and the longest-established in the group. Adrian Ladbury interviewed General Manager Nicolas…
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Chartis bitten by 2002 and prior reserve addition as AIG posts year-end loss
Chartis, the global non-life insurance operation of AIG, reported a fourth quarter 2009 operating loss of $1.8bn that was driven…
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Buyers, insurers and brokers still grappling with ELD’s complexities
The Environmental Liability Directive (ELD) finally reached implementation in all 27 E.U. member states at the end of 2009, two…
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EC transport official denies deregulation raises risk to travellers
Siim Kallas, Vice-President of the European Commission responsible for transport, has strongly denied that the recent rail crash in Buizingen,…
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‘Fracking’ could free Europe from Russia’s stranglehold on gas, says UK politician
[DUBAI]—Europe could be self-sufficient on power from natural gas, and escape Russia’s supply-stranglehold, if energy companies in Europe follow the…
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Brussels opens ‘discussion’ on broker pay with CEIOPS
The pressure on European risk managers and their brokers to find an industry agreement on broker pay to remove potential…
