All the headlines from our Europe Topic Page, ordered by recency.
Sep 17 2014 // The Catlin Group’s roots go deep into the Lloyd’s market where it was formed 30 years ago. But Catlin has since become one of the most innovative companies in the global insurance hierarchy with offices in more...
Sep 11 2014 // The PERILS Windstorm Exposure data for Europe is now available in the Impact Forecasting ELEMENTS format. In a telephone interview Adam Podlaha, head of Aon Benfield lmpact Forecasting, said that Aon Benfield has licensed...
Sep 11 2014 // Martin Strobel, CEO of Baloise Holding AG, said the insurance company may consider buying firms in Switzerland, Germany, Belgium and Luxembourg.“If more opportunities arise in our core markets we will examine...
Sep 9 2014 // The Chubb Group of Insurance Companies announced the appointment of Jalil Rehman as Chief Executive Officer of Chubb Insurance Company of Europe.He has been with Chubb for 24 years and has served in various leadership...
Sep 5 2014 // Guy Carpenter & Company, LLC, the global risk and reinsurance specialist and wholly owned subsidiary of Marsh & McLennan Companies, announced the launch of its new probabilistic hail model for Europe.The bulletin...
Sep 5 2014 // For the banks, insurers and fund managers that thrived and survived in Edinburgh through war and recession for two centuries, a whole new challenge is looming.Royal Bank of Scotland Group Plc and Standard Life Plc might...
Sep 3 2014 // ING Groep NV, the biggest Dutch bank, gained in Amsterdam trading after it said it will reduce its stake in a former U.S. insurance unit, Voya Financial Inc., to about 32 percent by selling about $1.2 billion of shares.ING...
Sep 2 2014 // Insurers in Europe, which manage about €8.5 trillion ($11.2 trillion) of client money, say their role as long-term investors may be hurt by new regulation.Planned new risk-based rules for insurers in the European Union,...
Aug 29 2014 // Iceland put airlines on the highest level of alert after authorities detected an eruption north of the Bardarbunga volcano.The Icelandic Met Office raised the alert over the site to red and flights have been banned below...
Aug 28 2014 // Russian hackers attacked JPMorgan Chase & Co. and at least four other banks this month in a coordinated assault that resulted in the loss of gigabytes of customer data, according to two people familiar with the...
Aug 13 2014 // AXA SA’s property unit agreed to buy a 50 percent stake in a shopping mall and other assets in the English city of Bristol from Land Securities Group Plc for £267.8 million ($450 million).The purchase of Cabot...
Aug 13 2014 // The European Commission (EC) has issued a questionnaire to seek the views of stakeholders on the functioning and the future of the Insurance Block Exemption Regulation (IBER), which exempts certain agreements between...
Aug 12 2014 // Thomas F. Motamed, chairman and chief executive of CNA Financial Corporation, has been appointed chairman of the CNA Insurance Company Limited (CNA Europe) Board of Directors, effective as of August 18, following approval...
Aug 8 2014 // Despite the economic upheavals the European insurance industry has maintained a path of stability and growth, even through times of crisis, according to figures released by Insurance Europe, the European insurance and...
Aug 4 2014 // The expansion of shale resource extraction encompasses several interrelated elements, including exploration risk, infrastructure project risk, and the risks associated with new or enlarged trade flows and the significant...
Aug 1 2014 // Allied World Assurance Company Holdings, AG announced that Allied World Europe has expanded its professional liability team with the addition of two new vice presidents, Alec Goodair as Vice President, European Financial...
Aug 1 2014 // Allianz is poised to reappoint Michael Diekmann as chief executive in October, investors believe, possibly delaying tough choices on whether Europe’s largest insurer expands its global presence or returns more cash...
Jul 23 2014 // Insured losses from global natural disasters during the six-month period ending June 30, 2014 reached $22 billion. That compares to $27 billion in the first half of 2013 and is approximately 19 percent below the 10-year...
Jul 22 2014 // A universal no-fly area declared in eastern Ukraine after the downing of Malaysian Air Flight 17 is a rare restriction currently shared only with North Korea, prompting airlines including Deutsche Lufthansa AG to question...
Jul 21 2014 // The expansion of shale resource extraction encompasses several interrelated elements, including exploration risk, infrastructure project risk, and the risks associated with new or enlarged trade flows and the significant...