All the headlines from our Europe Topic Page, ordered by recency.
Oct 18 2004 // A.M. Best Co. announced that it has assigned a financial strength rating of “A+” (Superior) and an issuer credit rating of “aa-” to the core companies of the U.K.’s Aviva Group.Best also...
Oct 8 2004 // The European Commission (EC), the European Union’s regulatory authority, has delayed plans to outlaw the use of gender to determine insurance premiums at least until December. The controversial initiative, first...
Oct 6 2004 // ACE announced from London that it has made two new senior appointments to its internal IT teams in order to strengthen its internal system capabilities.Mrs. Rashmi Rao joins ACE as Global Programme Director. She has over...
Sep 30 2004 // The U.K.-based TT Club, a leading transport insurance mutual, announced that it is assigning more resources to expand its presence in the continental European market, particularly in Germany, Scandinavia and the Benelux...
Sep 23 2004 // Standard & Poor’s Ratings Services announced that it has affirmed its “A+” long-term counterparty credit and insurer financial strength ratings on Dublin-based non-life reinsurer QBE Reinsurance...
Sep 21 2004 // Fortis, the Belgian-Dutch banking, financial services and insurance group, announced that CEO Anton van Rossum, 59, who had earlier indicated to the Fortis Board not to extend his contract after August 2005, has decided to...
Sep 20 2004 // This is the second in a series of articles on the Asia insurance marketplace. The next article in this series will focus on Japan and will appear in an October issue of Insurance Journal.An ancient Indian parable tells the...
Sep 16 2004 // Keefe, Bruyette & Woods Limited, a U.K. based investment banking firm and wholly owned subsidiary of the U.S. company (KBW), announced it has hired two new professionals to bolster its equity research of European...
Sep 16 2004 // A study, released at the Reinsurance Rendezvous in Monte Carlo, has concluded that “the vast majority of European insurers (85 percent) feel well prepared for the next market cycle.”The survey, commissioned by...
Sep 14 2004 // The ACE Group announced the re-naming of its UK Financial Services Authority regulated insurance company, ACE INA UK Limited, as ACE European Group Limited. “ACE European Group Limited underwrites business branded as...
Sep 14 2004 // According to the findings of a survey commissioned by The Insurance Leadership Institute of GE Insurance Solutions, independently conducted by Tillinghast, European insurers are becoming increasingly concerned by the...
Sep 10 2004 // Bermuda-based Allied World Assurance Holdings, Ltd. announced the formal opening of the European headquarters of its subsidiary, Allied World Assurance Company (Europe) Limited, in Georges Quay, Dublin. Mr. Charlie...
Sep 7 2004 // Expanding information and sharing intelligence will be the focus of Europe’s first ever Healthcare Fraud and Corruption Conference, scheduled to be held in London on 18/19 October 2004.The conference sponsors noted...
Aug 31 2004 // ACE Overseas General, the non-U.S. insurance operations of The ACE Group of Companies, announced from Bermuda that Neil C. Smith has been appointed as President of ACE Far East. He succeeds Scott Pickering, who has been...
Aug 26 2004 // Europe’s leading insurers are reportedly considering several clauses in airline insurance contracts that would exclude coverage for attacks involving chemical, biological and nuclear materials.The effort, headed by...
Aug 25 2004 // A.M. Best Co. announced that it has assigned a financial strength rating of “A-” (Excellent) to U.K.-based Arch Insurance Company (Europe) Ltd. (Arch Europe) and an issuer credit rating of “a-.”...
Aug 18 2004 // ACE Europe, a division of Bermuda’s ACE Limited, announced the launch of a system, described as “the insurance industry’s first web based tool to enable oil and gas companies to gather more accurate and...
Aug 18 2004 // Th European Commission (EC) confirmed its intention to begin implementing a number of new rules related to the solvency of both insurers and reinsurers in 2005.The EC’s “Solvency 2” initiative aims to...
Aug 10 2004 // Research amongst European and U.S. Risk Managers concludes that within the next five years over half will be using alternative risk financing as a key part of their risk programs, according to ACE European...
Aug 3 2004 // North American insurers currently are pursuing global expansion at a pace rivaling that of European insurers’ entry into U.S. markets in the early 1990s.According to TowerGroup, more favorable economics, key...