All the headlines from our Europe Topic Page, ordered by recency.
Feb 8 2001 // Swiss Re announced that it “expects earnings for the year 2000 to be up slightly more than 20%,” and that “significant improvements” had been made in the recent reinsurance renewal period.The...
Feb 7 2001 // France’s AGF, 51 percent of which is owned by Germany’s Allianz, posted strong growth in premium income in all sectors for the year 2000.Overall premium income rose 17.8 percent in 2000 to €15.74 billion...
Feb 5 2001 // The battle for troubled U.K. mutual insurer Equitable Life heated up over the weekend with the mortgage lender Halifax tabling a £1 billion ($1.47 billion) bid for the sales forces, offices, administrative systems and...
Jan 31 2001 // Dutch financial services and insurance giant ING confirmed that it would sell its U.S. investment banking operations to Holland’s ABN Amro bank for an estimated $275 million, and would restructure its European and...
Jan 23 2001 // Liberty Mutual announced that its Liberty International unit would purchase Hartford Seguros, The Hartford Financial Services Group’s Spanish subsidiary, for an undisclosed amount. The company, which will be renamed...
Jan 11 2001 // On Tuesday, Polish Treasury Officials, who control 56 percent of the shares in Poland’s largest insurer, Powszechny Zaklad Ubezpieczen, ousted directors from Eureko, the European consortium of insurance companies,...
Jan 8 2001 // The demarcation between years always seems to take on a contemplative aspect. We look back to where we’ve been, and then look forward to weigh our expectations. Will the market continue to harden? Will the dot-coms...
Dec 21 2000 // Germany’s Allianz is in talks with the Czech government concerning the acquisition of its 30 percent holding in the country’s biggest insurance group, Ceska Pojistovna. The move would further strengthen...
Dec 4 2000 // A report in London’s Financial Times highlights the plans of Germany’s Allianz to increase its fund management business in Europe, as a “third pillar” to go with its life and general insurance...
Nov 20 2000 // At the same time that Dutch financial services giant ING announced increased profits for the first 9 months of the year, it also confirmed widespread rumors that it was “reviewing the future positioning of its...
Nov 20 2000 // Philip Morris and R.J. Reynolds were named in a complaint by the European Union’s governing commission for complicity in the smuggling of thousands of container loads of cigarettes without paying the applicable...
Nov 7 2000 // Risk Management Solutions (RMS) of Menlo Park announced the creation of “Exposure Plus(TM),” which it describes as, “a tool for the creation of property exposure data for catastrophe risk analysis of...
Nov 7 2000 // Philip Morris and R.J. Reynolds were named in a complaint by the European Union’s governing commission for complicity in the smuggling of thousands of container loads of cigarettes without paying the applicable...
Oct 31 2000 // So found a recent Swiss Re sigma study “Trade Credit Insurance.” The study also found the products that will likely boost revenue include: credit lines for commercial internet purchases, information services...
Oct 30 2000 // Chinese and EU negotiators have apparently reached agreement on granting an additional 7 licenses to European insurers, as agreed in principle last May when the bilateral accords were reached between the two as part of the...
Oct 30 2000 // “Right now we think we’re ahead of the States in [online] personal lines,” said James Harrison, Chief Operating Officer of the U.K.’s InsuranceWide (IW) www.insurancewide.com. He might be right.Even...
Oct 27 2000 // The European Commission, the European Union’s administrative arm, has given the Italian government three weeks in which to end its price freeze on automobile insurance premiums, in effect since the beginning of the...
Oct 23 2000 // The annual summit meeting between the Chinese Government and the high level members of the European Union currently taking place in Beijing has so far failed to produce any new breakthrough which would assure China’s...
Oct 23 2000 // NAFTA Still Hobbled By Stafety Concenrns, Cross-Border Insurance IsuesThe provisions of the North American Free Trade Agreement have been in place for several years, but Mexico and the United States have yet to simplify...
Oct 6 2000 // America’s Prudential announced that it would begin selling “Strategist” its new investment vehicle aimed at middle income investors in Europe. The move is seen as an effort by the U.S. largest life...