Latest Europe Headlines
All the headlines from our Europe Topic Page, ordered by recency.
ACE Launches Luxury Goods Practice for Continental Europe
Feb 19 2015 // ACE Group announced the launch of a new luxury goods practice across Continental Europe. The launch of the practice follows research by ACE where almost six in ten European luxury goods companies taking part reported that...
A.M. Best: European (Re)Insurers Face Pressure Points; Ratings Are Stable
Feb 18 2015 // The recent unveiling by the European Central Bank (ECB) of its large-scale sovereign bond buying program is just one of the pressure points building in Europe that could affect insurers and reinsurers’ balance...
Canada’s Fairfax to Acquire London-Based Brit for $1.88 Billion
Feb 17 2015 // Fairfax Financial Holdings, the Canadian property and casualty insurer run by contrarian investor Prem Watsa, said it would buy Brit plc for some $1.88 billion to become one of the top five underwriters on the...
ACE Appoints Stankiewicz as Head of Sales & Distribution, Nordics
Feb 17 2015 // ACE Group has appointed Martin Stankiewicz as head of sales and distribution, Nordics, as it continues to strengthen its insurance capabilities and team in the region. Stankiewicz has also joined ACE’s local...
Ardian Agrees to Buy JLT’s Stake in Siaci St Honoré
Feb 13 2015 // Jardine Lloyd Thompson Group plc announced that Ardian has agreed to buy JLT’s 26.2 percent stake in Milestone, the holding company of Siaci St Honoré, JLT’s French associate. This offer extends to all...
Loeb’s Third Point Reinsurance Ltd. Shuns Acquisitions in U.S., Europe
Feb 12 2015 // Third Point Reinsurance Ltd., the Bermuda-based company co-founded by hedge-fund manager Dan Loeb, said buying a competitor in the U.S. or Europe could clash with its business model. “One of our strengths is we can...
Deloitte Insurance Report Keys in on Climate Change
Feb 9 2015 // The potential impact of climate change on the insurance industry was important enough for consulting giant Deloitte Touche Tohmatsu Ltd. to include the topic as a significant part of its recent 2015 Property and Casualty...
Pioneer Offers EU-Compliant Insurance for Alternative Investment Managers
Feb 6 2015 // Pioneer Underwriters* announced the launch of a new EU regulatory compliant product for alternative investment fund managers (AIFMs). This specialist product is aimed at AIFMs domiciled outside of the EU, which in addition...
A.M. Best: Europe’s Largest Cedants Alter Reinsurance Purchasing Practices
Feb 6 2015 // Europe’s 20 largest cedants are benefiting from lower reinsurance rates and stronger bargaining power, resulting from a trend that saw increasing centralized reinsurance purchasing at a group level. A new report from...
ACE Launches Cyber Risk Unit for Continental Europe
Feb 2 2015 // ACE Group announced the launch of a new, independent cyber risk business unit as it continues to strengthen its local underwriting and risk management capabilities across Continental Europe. The announcement follows...
Deloitte Insurance Report Keys in on Climate Change
Jan 29 2015 // The potential impact of climate change on the insurance industry was important enough for consulting giant Deloitte Touche Tohmatsu Ltd. to include the topic as a significant part of its recent 2015 Property and Casualty...
QBE Europe Appoints Johnson Surety Underwriter; Targeting Growth
Jan 28 2015 // QBE European Operations, the group’s business insurance specialist, announced the appointment of Tom Johnson as Surety Underwriter within QBE’s Trade Credit and Surety department. He will take up his role in...
Allied World Europe Appoints Reuben, Assistant VP, Marine Liability
Jan 22 2015 // Allied World Assurance Company Holdings, AG announced that “Allied World Europe will enter the marine liability market, which will further complement the company’s current marine cargo offering.” Allied...
O’Donohoe Joins Hamilton Re to Lead Lloyd’s Syndicate Operations
Jan 20 2015 // The Bermuda-based Hamilton Insurance Group, which operates P&C reinsurer Hamilton Re and the organization’s U.S. property casualty insurance operations Hamilton USA, announced that Dermot O’Donohoe, former...
AXA ART Announces New Global Organizational Structure
Jan 16 2015 // As part of its ongoing efforts to expand into new markets and bolster effective delivery of innovative product and service offerings to clients around the world, AXA ART announced it has structured its global operating...
ACE Launches Middle Market Insurance Solution for Continental Europe
Jan 15 2015 // ACE Group has launched ACE Middle Market Solutions, an enhanced proposition for brokers and clients, designed to help continue building its position in the middle market segment in key Continental Europe insurance...
Lowest Insured Losses since 2009: Impact Forecasting Climate and Cat Report
Jan 13 2015 // Impact Forecasting, Aon Benfield’s catastrophe model development team, has released its Annual Global Climate and Catastrophe Report, which evaluates the impact of the natural disaster events that occurred worldwide...
American European Group Hires Livaich to Lead AE Specialty Unit in N.J.
Jan 8 2015 // American European Group Inc. has hired Peter J. Livaich as senior vice president of its managing general agency subsidiary, AE Specialty Inc. Livaich will have overall leadership responsibility for Cherry Hill, New...
Paris Killings Seen Fueling Anti-Islam Movements in Europe
Jan 8 2015 // The killing of at least 12 people at a French magazine that received threats because of its depiction of Islam stands to exacerbate burgeoning anti-Muslim sentiment in Europe, political analysts said. The shooting by...
Catalina Holdings Irish Sub to Take Over Quinn Insurance Liabilities
Jan 7 2015 // Catalina Holdings (Bermuda) Ltd. announced that it has entered into an agreement through its subsidiary company Catalina Insurance Ireland Limited, with Quinn Insurance Limited (under administration) for the portfolio...
