Latest Europe Headlines
All the headlines from our Europe Topic Page, ordered by recency.
AXIS Specialty Europe to Offer Professional Lines
Jun 22 2004 // AXIS Capital Holdings Limited announced that its European insurance subsidiary, AXIS Specialty Europe Limited (AXIS Europe), has begun underwriting Directors and Officers Liability Insurance and other Professional Lines...
AIG United Guaranty to Expand in EU, Asia
Jun 22 2004 // AIG United Guaranty, whose affiliate companies provide mortgage guaranty insurance, announced plans to expand both its European and Asian operations as part of its “international growth program.” It has...
Best’s Report Finds European Reinsurers’ Financial Strength Stabilized
Jun 18 2004 // A study conducted by A.M. Best Co. has concluded that Europe’s reinsurers have seen their financial strength stabilize after a two-year period of downward pressure. “Strong accident year results were maintained...
AIR Provides Modeling Support for Helix Catastrophe Bond Launched by Converium
Jun 15 2004 // AIR Worldwide Corporation (AIR) announced it has performed the risk modeling and analysis in support of a private placement by Helix 04 Limited, a Bermuda special purpose exempted company. The five year, $100 million...
XL to Offer Primary D&O Coverage Across Europe
Jun 15 2004 // XL Europe Limited, an XL Capital Ltd company, announced that XL’s worldwide professional lines operation, XL Insurance Professional, is to offer primary Directors & Officers (D&O) liability insurance...
Guy Carpenter, EQECAT Announce Probabilistic German Flood Risk Model
Jun 14 2004 // Guy Carpenter and EQECAT announced their intention to jointly develop the “DACH Flood” software, which they described as “an accumulation tool that will allow users to assess their exposure to flood in...
Swiss Re Sees U.S. Economy Strengthening
May 20 2004 // Swiss Re’s seventh survey of economists’ opinions of the U.S. economy found that there is far less concern over drastic declines in equity markets and the value of the dollar, but fears of inflationary...
U.S. Investment Slowing in Europe Says RiskProNet Conference Speaker
May 19 2004 // Net U.S. investment in Europe has slowed considerably in the past decade, J. Bradford DeLong, professor of economics at the University of California at Berkeley, told directors of RiskProNet International Inc., at recent...
Houston Casualty Co. Affirmed
May 17 2004 // Standard & Poor’s Ratings Services affirmed its “AA” counterparty credit and financial strength ratings on Houston Casualty Co., Avemco Insurance Co., U.S. Specialty Insurance Co., HCC Specialty...
Lloyd’s Appoints Battmann Representative in Spain
May 13 2004 // As part of its ongoing efforts to strengthen its presence in the European insurance market, Lloyd’s announced that it has appointed David Battman as a full-time representative, as part of its strategy to expand in...
Lloyd’s Authorized to Conduct Business in 8 New EU Member Countries
May 10 2004 // Lloyd’s Chairman Lord Peter Levene announced that the U.K.’s Financial Services Authority (FSA) has given Lloyd’s authorization to write direct business in eight of the new European Union accession...
Renggli to Head PartnerRe Finite Reinsurance-Global
May 5 2004 // Bermuda-based PartnerRe Ltd. announced that Thomas Renggli has been appointed to head the company’s Finite Reinsurance, Global unit. He will be based in Zurich, Switzerland and will be responsible for the production...
Meacock joins ri3k as European Sales Manager
May 4 2004 // ri3k the London-based platform data services provider to the reinsurance industry, announced that it has hired Colleen Meacock from systems house, CATEX, as European Sales Manager in order to “cope with surging...
EU Expands to 25 Countries
May 3 2004 // May first marked the most important expansion of the European Union in its 50 year history, as 10 countries joined the 15 existing members to create an economic block of 455 million people stretching from the Western...
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...
