All the headlines from our Europe Topic Page, ordered by recency.
Sep 23 2008 // ACE Europe announced that it has launched “ComputerGuard Plus,” its comprehensive IT hardware and network security policy, on the Safeonline broking system.“Brokers using the Safeonline system can now...
Sep 18 2008 // Standard & Poor’s Ratings Services has lowered its long-term counterparty credit rating and insurer financial strength rating on AIG General Insurance (Taiwan) Co. Ltd. (AIG Taiwan), to ‘A’ from...
Sep 17 2008 // Bermuda’s XL Capital Ltd. announced that it has appointed Fiona Muldoon as Senior Vice President, Global Treasurer. She previously served as Senior Vice President, Corporate Strategy, Development and Planning Officer...
Sep 12 2008 // According to a recently released report from Marsh, “insurance rates across most lines of business in the Europe, Middle East and Africa (EMEA) region continued to soften in the first half of 2008.”However,...
Sep 11 2008 // Allied World Assurance Company Holdings has announced two senior management promotions.Frank D’Orazio has been named Chief Underwriting Officer of Allied World Assurance Company, its Bermuda insurance subsidiary,...
Sep 9 2008 // Bermuda-based Endurance Specialty Holdings Ltd. announced several new leadership appointments in its international reinsurance operation servicing non-US clients.Laurent Beauregard has been appointed Senior Account...
Sep 9 2008 // Bermuda-based Allied World Assurance Company Holdings announced that it will open a branch office in Zug, Switzerland that offers reinsurance products throughout Europe and beyond. The office, located at Lindenstrasse 4,...
Sep 9 2008 // Standard & Poor’s Ratings Services has concluded that “Europe’s insurers are allowing themselves to be caught up in the gloom that shrouds equity and capital markets.” In a report entitled...
Sep 8 2008 // The Annual Reinsurance Rendezvous in Monte Carlo convened this weekend amid concerns over the ongoing credit crisis, the softening of the market and the onslaught of storms in the Caribbean.The current climate for the...
Sep 2 2008 // ACE Europe announced from its Dublin headquarters that it has launched a new Pension Trustee Liability (PTL) product “ACE Elite PTL IV,” which has been developed to provide comprehensive protection for Pension...
Aug 29 2008 // Allianz SE is set to sell control of Dresdner Bank to Commerzbank AG, a source with direct knowledge of the matter said on Friday. The deal would fuse Germany’s second and third largest banks.Taking over Dresdner,...
Aug 29 2008 // A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating (ICR) of “a+” of UK-based QBE Insurance (Europe) Limited , QBE Insurance (International) Limited...
Aug 21 2008 // The International Chamber of Commerce (ICC) reported from its Paris office that its “ICC/Ifo global climate index in July fell for the fourth consecutive quarter in a row since sentiment became downbeat last summer,...
Aug 20 2008 // A.M. Best Co. has withdrawn the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa” of Swiss Re Life & Health Limited and Swiss Reinsurance Company UK...
Aug 14 2008 // A world trade deal that dramatically opens livestock markets in the European Union, Canada and Japan is within grasp, if talks that collapsed last month in Geneva can be revived.U.S. Trade Representative Susan Schwab...
Aug 13 2008 // Dutch financial group ING reported a quarterly net profit that beat estimates on Wednesday as investments fell less than expected, and its underlying insurance and banking business remained solid.Second-quarter net profit...
Aug 8 2008 // In a recent interview, published on the Lloyd’s web site (www.lloyds.com), Enrico Bertagna, Regional Manager for Europe, discussed Lloyd’s present and future plans to expand the London Market’s...
Aug 8 2008 // UK Flood Model Risk Management Solutions has released a major new upgrade to its U.K. Inland Flood Model. “The upgraded model will enable all segments of the insurance industry to drill down to a finer level of...
Aug 8 2008 // Christer Pehrson has joined Aon Re Global as executive director, focusing on its European-based global clients. He was previously managing director of Guy Carpenter in New York and deputy head of its international...
Aug 7 2008 // The global credit crisis tore a hole in the profits of some of Europe’s top insurers on Thursday, with AXA and Aegon both posting lower earnings.Share reactions were mixed across Europe. The DJ Stoxx European Banking...