Europe
-
Russian insurance buyers may benefit from tougher licensing rules
The Russian parliament has proposed tighter licensing and merger regulations for the country's insurance industry, according to news agency Reuters.
-
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…
-
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…
-
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…
-
U.K. exporters unfairly suffer from lack of cover and government backing
Exporters in the U.K. are suffering from an “unfair playing field” when competing with European and global competitors as its…
-
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…
-
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…
-
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…
-
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…
-
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…
-
WEF report warns of threat from ‘creeping risks’
Risk managers should read the annual Global Risks report published by the World Economic Forum as it contains some important…
-
Reinsurers edge forward as few cats and solid capital levels force flat renewals
Insurance buyers should be pleased to see that the reinsurers suffered a flat year end renewal as competition remained high,…
-
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…
-
Mission Impossible? – Johny Merlot
Emerging risks and the ability of the insurance industry to rise to the changing risk and insurance needs of their…
-
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…
-
A Full Plate – Guy Soussan
Guy Soussan, Partner with Brussels law firm Steptoe & Johnson LLP, is legal adviser to FERMA and has plenty of…
-
Risk managers must train ‘risk owners’ on the board
Risk management education experts urge the professionals to spread the word up the corporate ladder while interest is high.
-
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…
-
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…
-
New World, New Risks; Time to help save the planet – Comment
This, the second, issue of Commercial Risk Europe appears to be dominated by one common theme. That is, the ever-rising…