All the headlines from our Europe Topic Page, ordered by recency.
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Aug 20 2008 // A.M. Best Co. has withdrawn the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa” of Swiss Re Life & Health Limited and Swiss Reinsurance Company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...
Aug 5 2008 // The ACE European group has appointed Emma Bartolo as Environmental Risk Underwriter in Manchester, in a move that enhances its regional specialty lines underwriting capabilities.She “will be responsible for driving...
Aug 5 2008 // Risk Management Solutions announced that a $200 million Multi-Peril Securitization has become the first catastrophe bond issued using RMS Paradex Europe WiNdstorm index for risk analysis.RMS said it has “performed...
Aug 5 2008 // A.M. Best Co. reported that it is “seeing a growing interest in financial strength ratings (FSR) for captives and other alternative market vehicles in the European market.” The vehicles are already “one...
Aug 1 2008 // Lloyd’s announced the appointment of Eamonn Egan as its first Country Manager for Ireland. He was formerly Regional Development Manager at ACE European Group, and will be assuming his new position at Lloyd’s...
Jul 31 2008 // France’s agriculture minister said Wednesday that “big emerging countries” were to blame for the collapse of World Trade Organization talks on opening up the global economy.The president of a leading...
Jul 29 2008 // Progress towards a global trade deal ground to a halt on Monday as the United States clashed with China and India over access to their rapidly growing markets and key European Union states demanded better terms.Negotiators...
Jul 23 2008 // Alliant Emerging Markets announced the expansion of its risk analytics and advisory services by launching a source of political and economic risk indices and ratings available to banks, investments banks, private equity,...
Jul 18 2008 // The Association of Insurance and Risk Management Experts of the Czech Republic (ASPARCR) has been accepted as a member of the Federation of European Risk Management Associations (FERMA).This brings to a total of 16 the...