Latest Europe Headlines
All the headlines from our Europe Topic Page, ordered by recency.
Houston Casualty Co. Affirmed, Outlook Stable
Apr 23 2004 // Standard & Poor’s Ratings Services announced the affirmation of its “AA” counterparty credit and financial strength ratings on Houston Casualty Co., Avemco Insurance Co. (Avemco), U.S. Specialty...
S&P Announces April 20 Telephone Conference
Apr 20 2004 // Standard & Poor’s Ratings Services announced that it will hold a telephone conference call on Tuesday April 20th, 2004, at 2:00 p.m. UK Time, 3:00 CET and 9:00 EDT to discuss the 2004 outlook for European...
Spanish Train Bombings Renew Terrorist Threat
Apr 19 2004 // March 11, 2004 now joins Sept. 11, 2001 as dates no one now living will ever forget. The sheer horror of watching the aftermath of 10 separate explosions on the Spanish rail network in Madrid brought home the brutal...
Spanish Train Bombings Renew Terrorist Threat
Apr 19 2004 // March 11, 2004 now joins Sept. 11, 2001 as dates no one now living will ever forget. The sheer horror of watching the aftermath of 10 separate explosions on the Spanish rail network in Madrid brought home the brutal...
Defense Bar Schedules Conference in Barcelona
Apr 8 2004 // The Chicago-based Defense Research Institute (DRI), the organization which represents the insurance defense bar, announced hat it has joined other legal associations to hold an international conference in Barcelona, Spain,...
European Parliament Votes to Ban Gender Discrimination in Insurance Products
Apr 6 2004 // The European Parliament, the legislature for the European Union, has voted to prohibit gender discrimination in calculating premium rates for the sale of insurance products. The proposal first surfaced in May 2003, and was...
Lord Levene Addresses Italian Insurance Leaders
Mar 31 2004 // In a speech to Italian insurance leaders in Milan yesterday, Lloyd’s Chairman Lord Peter Levene addressed industry problems, and sounded a distinctively positive note on Lloyd’s prospects. “Last year, the...
New Swiss Re Sigma Study Reviews 2003 CAT Losses
Mar 3 2004 // Natural and man-made catastrophes caused the deaths of more than 60,000 people worldwide last year, according to Swiss Re’s latest sigma report. Over two thirds of these were the victims of earthquakes. Overall...
The PMI Group Appoints Michael Edwards as Field VP -Europe
Mar 3 2004 // The California-based PMI Group, Inc. announced that it has promoted Michael Edwards to Field Vice President, PMI Europe, where he will assume the role of Head of Risk & Operations. He joined PMI in 1990, and has...
GE ERC Announces Global Appointments
Feb 26 2004 // GE ERC announced four key appointments, which it indicated, were “aimed at strengthening its connection with customers.” GE Global Asset Protection Named Dane Lopes Vice President, Sales. GE Frankona Re...
ACE Overseas Appoints Peter Seymour Sr.VP-Marine
Feb 24 2004 // Gary Schmalzriedt, Chairman and CEO of ACE Overseas General (AOG), announced the promotion of Peter Seymour to the post of Senior Vice President, Marine for AOG, with responsibility for all of ACE’s marine business...
Natural Disasters More Severe and More Costly
Feb 23 2004 // According to a recently released report from Munich Re, fatalities caused by natural catastrophes were up 450 percent in 2003, while insured losses reached $15 billion. More ominous was the reinsurer’s conclusion...
Allied World Promotes Nessa Goodman to Assistant VP-General Casualty
Feb 13 2004 // Allied World Assurance Co. [Europe], Limited [AWAC Europe] announced that Nessa Goodman has been promoted to the position of Assistant Vice President, General Casualty. She joined AWAC on November 4, 2002, in the position...
Chubb Reports Q4 Net Income of $72.3 Million
Feb 5 2004 // The Chubb Corporation reported that net income in the fourth quarter of 2003 was $72.3 million or $0.38 per share, compared to net income of $56.6 million or $0.33 per share in the fourth quarter of 2002. Operating income,...
XL in Partnership with City of Zurich to Provide Career Education Program
Feb 5 2004 // Bermuda’s XL Capital Ltd. announced that its global Property and Casualty insurance subsidiary, XL Insurance Switzerland (XLIS), is to fund a career education program developed and offered by the Careers Guidance...
British MEP Wants EU Court to Examine Lloyd’s case
Feb 2 2004 // Roy Perry, a British Conservative member of the European Parliament, has called for an investigation by the European Court of Justice, the EU’s highest court, of the accusations against Lloyd’s and the U.K....
Natural Disasters More Severe and More Costly
Jan 26 2004 // According to a recently released report from Munich Re, fatalities caused by natural catastrophes were up 450 percent in 2003, while insured losses reached $15 billion. More ominous was the reinsurer’s conclusion...
Natural Disasters More Severe and More Costly
Jan 26 2004 // According to a recently released report from Munich Re, fatalities caused by natural catastrophes were up 450 percent in 2003, while insured losses reached $15 billion. More ominous was the reinsurer’s conclusion...
AIR Adds European Windstorm Model to System
Jan 20 2004 // Boston’s AIR Worldwide Corporation announced that its Extratropical Cyclone Model for Europe has been incorporated into CLASIC/2, AIR’s detailed risk modeling software system. “The model, which...
Zurich to Integrate European Business Divisions
Jan 20 2004 // Zurich Financial Services announced a decision to regroup the company’s businesses in Europe to create one Business Division. Effective March 1, the new division will comprise Continental Europe, the United Kingdom,...
