Latest Europe Headlines
All the headlines from our Europe Topic Page, ordered by recency.
People
Feb 10 2008 // Susan Doyle has been named president and COO of Wisconsin-based Wausau Insurance, part of the commercial markets business unit of the Boston-based Liberty Mutual Group. Doyle replaces Mark Fiebrink, who retired. Doyle...
Zurich Expands in Norway, Denmark
Feb 4 2008 // Zurich Financial Services Group announced that it will expand its services for corporate customers in Norway and Denmark through the establishment of two new branches of Zurich Insurance Ireland Limited (ZIIL), its...
Parker Named as Head of Strategy for Zurich’s Europe General Insurance
Jan 31 2008 // The Zurich Financial Services Group has appointed Ian Parker, a 42 year old UK citizen, to the position of Head of Strategy for Europe General Insurance (EGI), effective February 1st. He will be responsible for...
European Risk Managers, Industry Face New and Not so New Challenges
Jan 27 2008 // FERMA conference highlights growing importance of risk management in complex global business environment The insurance industry’s “traditional model” has become outdated and is so abstruse that the...
Guy Carp Names 3 New Executive Committee Members
Jan 25 2008 // Guy Carpenter & Company has named Nick Frankland, Andrew Marcell and Ryan Ogaard to its Executive Committee. The Committee is “responsible for developing the firm’s strategic plan, setting budgets,...
Captives, Cells Push Guernsey International Insurance Growth
Jan 24 2008 // According to a recently released report from the Guernsey Financial Services Commission (GFSC), the number of international insurance entities based on the island in the English Channel “grew again during 2007...
Marsh Opens China Advisory Unit
Jan 24 2008 // Marsh’s London office reports that the insurance broker has launched a London-based division of its China Global Client Services practice. The new division, headed by Robert Wendin, will provide “comprehensive...
Batchelor Returning to London to Head Marsh Europe/Mideast
Jan 16 2008 // Marsh announced from its London office that David Batchelor will succeed Alex Moczarski as CEO of Marsh’s operations in Europe, the Middle East and Africa (EMEA). He currently heads the Asia Pacific region for Marsh,...
Guy Carp to Open Prague Office
Jan 15 2008 // Guy Carpenter & Company, announced that it will be opening an office in Prague on March 1, 2008, to further develop business and serve clients based or conducting business in the Czech and Slovak Republics. The new...
Best Report Warns on Danger of ‘Moderate Quakes’ in Europe
Jan 8 2008 // In a special report A.M. Best Co. warns that “lurking beneath Central Europe are numerous faults that rarely break the ground surface but that still could lead to large scale catastrophe losses for insurers and...
Experts Forsee Volatile Investment World in 2008
Jan 3 2008 // The start of a new year often brings jokes about crystal balls, but with the arrival of 2008, many investors are ruefully saying they don’t need fortunetelling gimmicks – they know that the problems that made...
Top Insurance Stories in 2007
Dec 31 2007 // The debate over climate change captured the world’s attention, including the insurance industry’s, in 2007, while major hurricanes spared the United States’ coastline. The soft market took hold of...
Munich Re 2007 Nat Cat Report Warns of ‘Rising Trend’
Dec 28 2007 // Munich Re’s loss figures for 2007 from natural catastrophes concludes that “despite the general absence of extreme events, overall economic losses had reached $75 billion by the end of December – an...
2007: Climate Change Dominates Debate While Soft Market Hits Entire P/C Market
Dec 23 2007 // The debate over climate change captured the world’s attention, including the insurance industry’s, in 2007, while major hurricanes spared the United States’ coastline. The soft market took hold of...
Preliminary Swiss Re ‘sigma’ Report Estimates 2007 Cat Losses
Dec 19 2007 // Swiss Re has released a preliminary “sigma” report detailing the extent of 2007’s catastrophe losses. According to its initial estimates, more than 20,000 people were killed by natural and man-made...
Ratings Recap: London General, AIG Global Trade, Kiln, PartnerRe (Europe), New Technology, Radian (Europe), Allied World
Dec 17 2007 // A.M. Best Co. has affirmed the financial strength ratings of ‘A-‘ (Excellent) and issuer credit ratings of “a-” of London General Insurance Company Limited (LGI) and London General Life Company...
UN Climate Chief Says US-EU Deadlock over Emissions Cuts Threatens Summit
Dec 14 2007 // The U.N. climate chief warned on Thursday that a deadlock between the United States and the European Union over pollution cuts threatened to derail talks aimed at launching negotiations for a new global warming...
Marsh Adds two Execs to Communications, Media and Technology Team
Dec 11 2007 // Marsh announced from its London office that Hutton Swinglehurst has been named as a Senior Vice President and Matthew Hogg as a Vice President of its global Communications, Media and Technology Practice (CMT). Both men...
Best Appoints Charteris-Black Director – Global Financial Services
Dec 11 2007 // A.M. Best Co announced that Nick Charteris-Black will be joining the rating agency during the first quarter of 2008 as Director – Global Financial Services for A.M. Best Europe. He will be located in Best’s...
Ratings Recap: China (NZ), Hannover ReTakaful, Fairfax, Radian (Europe)
Dec 5 2007 // A.M. Best Co. has affirmed the financial strength rating of B+ (Good) and the issuer credit rating (ICR) of “bbb-” of China Insurance (NZ) Company Limited of New Zealand with a stable outlook. The ratings...
