All the headlines from our Europe Topic Page, ordered by recency.
Sep 28 2012 // Capital charges for insurers in the European Union could be cut to encourage lending for long-term projects and help boost the flagging economy, the bloc’s executive body said in a high profile policy shift.The...
Sep 27 2012 // Just when Spain, and the euro zone, needed it least, along comes the Catalan secession drama to remind us exactly how many parties, peoples and factions have the potential to undermine the single currency’s...
Sep 25 2012 // With three months to go until the European Court of Justice ban on insurers taking a person’s gender into account when calculating premiums and benefits, the Association of British Insurers (ABI) has published...
Sep 24 2012 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A-‘ (Excellent) and the issuer credit rating of “a-” of Luxembourg-based Casiopea Re S.A., the reinsurance...
Sep 20 2012 // Willis Group Holdings plc has opened a new office on the island of Malta, which it said is “to serve its growing captive and commercial insurance clients in the region,” an area that “has experienced...
Sep 19 2012 // A bulletin from Aon Global Risk Consulting, the risk management arm of Aon plc, using responses from 100 senior risk industry professionals at its annual Client Symposium, indicates that “organizations in Central and...
Sep 17 2012 // The United States has renewed waivers on Iran sanctions for Japan and 10 European countries because they cut their purchases of the OPEC nation’s crude oil, Secretary of State Hillary Clinton said on Friday.The...
Sep 14 2012 // “The European debt crisis is affecting the global economy, definitely,” said Kurt Karl, Swiss Re’s chief economist in an interview at the recent Reinsurance Rendezvous in Monte Carlo.He did indicate that...
Sep 14 2012 // A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Bermuda-based AmerInst Insurance Company Ltd., as well as the ICR of...
Sep 14 2012 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of the Bermuda-based Catlin Insurance Company...
Sep 14 2012 // The good news is that Europe is no longer going the way of Greece. The sad news is that it is threatening to go the way of Japan.After years of hesitation punctuated by panic, Europe has finally accepted the compelling...
Sep 13 2012 // A.M. Best Europe – Rating Services Limited has commented that it expects to assign a financial strength rating (FSR) and an issuer credit rating (ICR) to UK-based QBE Re (Europe) Limited) on or shortly after 30 September...
Sep 10 2012 // For once there’s no natural catastrophe hanging over the annual Reinsurance Rendezvous in Monte Carlo (the 56th edition). Tropical storm Leslie missed Bermuda and Hurricane Michael is safely out in the Atlantic. But...
Sep 5 2012 // A.M. Best has published a review of the international reinsurance market, which analyzes the performance of the largest reinsurers (rated by gross premiums written). Although the figures – based on 2011 – do not...
Sep 4 2012 // Despite ludicrous claims to the contrary, Western sanctions have hurt Iran’s crude oil exports, but it’s also not all gloom and doom.In unsurprising, but obviously factually incorrect, remarks, the director of...
Sep 4 2012 // Kiln, the international specialist insurance and reinsurance underwriting group, which is a part of Tokio Marine, announced that it has appointed Petra Pudemat as a new property underwriter in Frankfurt to write a broad...
Sep 4 2012 // Moody’s Investors Service has changed its outlook on the ‘Aaa’ rating of the European Union to negative, warning it might downgrade the bloc if it decides to cut the ratings on the EU’s four biggest...
Aug 30 2012 // Insurance companies based in the EU are not allowed to provide cover for ships that carry Iranian cargo.The EU sanctions are aimed at the protection and indemnity (P&I) clubs based in the EU, which dominate the marine...
Aug 29 2012 // Swiss Re Corporate Solutions announced that it has opened an office in Amstelveen, the Netherlands, to “reinforce its presence in the Benelux region. The office will provide insurance solutions to large and...
Aug 27 2012 // The euro zone debt crisis was born in Greece. Nearly three years and two bailouts on Europe must decide whether to give the country yet more help or cut it loose.For all its complexities, Greece’s problems...