All the headlines from our Europe Topic Page, ordered by recency.
Nov 3 2003 // The second ever bi-annual conference of the Federation of European Risk Management Associations (FERMA), held Oct. 5 – 8 in Rome, Italy, featured presenters and workshops that highlighted both the similarities and...
Nov 3 2003 // The second ever bi-annual conference of the Federation of European Risk Management Associations (FERMA), held Oct. 5 – 8 in Rome, Italy, featured presenters and workshops that highlighted both the similarities and...
Oct 29 2003 // The European Financial Services Round Table (EFR), has prepared a report titled “Harmonization of Regulation and Supervision of the European Financial Sector,” calling for increased harmonization on a European...
Oct 21 2003 // ACE European Group has announced some changes to its Directors & Officers management team for the UK and Ireland, effective November 1, 2003. “In order to capitalise on significant growth opportunities in the...
Oct 17 2003 // Bermuda’s XL Re Ltd. announced that Mr. Dieter Kohl has been appointed to the new position of Senior Vice President and continental European Casualty Manager.He will be based in London, reporting to David J. Watson,...
Oct 16 2003 // The European Commission, the European Union’s regulatory authority, has dropped an investigation of the British government’s rules concerning the Lloyd’s market. The EC began the probe in response to...
Oct 15 2003 // ACE INA UK Limited, a London-based operation of the ACE Group of Companies, is now eligible to offer insurance on an Excess & Surplus lines (E&S) basis in more than 30 U.S. states, including New York and...
Oct 10 2003 // The second bi-annual conference of the Federation of European Risk Management Associations, which wrapped up proceedings on Wednesday in Rome, featured presenters and workshops that highlighted both the similarities and...
Oct 6 2003 // AXIS Capital Holdings Limited announced the addition of senior underwriting professionals to AXIS Re Europe, its newly formed underwriting branch in Zurich. Stephan Knipper has been appointed executive vice president...
Sep 29 2003 // The entire Italian Peninsula from Venice to Sicily was plunged into darkness early Saturday morning by a massive power failure that knocked out the national electrical grid, stranding travelers, creating chaos in the...
Sep 29 2003 // Lloyd’s Deputy Chairman, John Coldman, addressing the Italian Lloyd’s Correspondent’s Association on Friday (before the blackout) in Milan, highlighted the growing opportunities presented by the expansion...
Sep 16 2003 // London-based ACE Europe announced that it has joined forces with international damage management experts BELFOR to offer customers a disaster recovery service, as part of its new electronics insurance product.“The...
Sep 10 2003 // Allied World Assurance Company (Europe) Ltd. celebrated the opening of its London underwriting branch with a reception at its offices at 22 Billiter Street yesterday. The London facility was recently approved by the...
Sep 5 2003 // Bermuda’s XL Capital Ltd announced that it has completed the purchase, through a subsidiary, of the remaining 33% of Le Mans Ré held by Les Mutuelles du Mans Assurances Group (“MMA”). XL and MMA formed...
Sep 5 2003 // Arch Reinsurance Ltd., a subsidiary of Arch Capital Group Ltd., announced the appointment of Dr. Riccardo Nicolini as European Marketing Representative based in Trieste, Italy. His role will be to “develop the...
Aug 18 2003 // European Insurers are reportedly adopting a “wait and see” attitude concerning potential claims from the blackout that hit the Northeastern U.S. and parts of Canada last week.Both Reuters and Dow Jones...
Aug 14 2003 // Germany’s Allianz confounded many analysts’ forecasts by reporting strong gains in most of its operations, posting a net profit of 102 million euros ($115.26 million) for the first half of 2003. The...
Aug 11 2003 // Germany’s Allianz announced that it has now processed nearly all of the claims from last summer’s floods in Germany and Eastern Europe, and has paid more than 805 million euros ($909.65). It also revealed plans...
Aug 6 2003 // Swiss Re and Mitsui Sumitomo Insurance Company have arranged a $100 million catastrophe risk swap. The catastrophe risk swap is structured in two risk exchanges of $50 million each: Japan typhoon for North Atlantic...
Jul 22 2003 // ACE’s creation of a unique London-based trading floor is paying considerable dividends for ACE INA UK Limited, the newly re-authorised business of the ACE European Group.Results for the first six months of trading...