Czech Republic News

Research & Markets Issues Czech ‘Snapdata’ Report

Research and Markets announced the addition of “Snapshots Czech Republic Non-Life Insurance 2008” to their offering, as part of the research firms ‘Snapdata’ series. The report “provides 2005 year-end market size data, with 2006 estimates, 4 years of historical data …

Research & Markets Publishes Europe Insurance Survey

Dublin-based Research and Markets has added “Insurance in Europe” to their offering. The study gives an industry profile, which R&M describes as “an essential resource for top-level data and analysis covering the insurance industry. It includes detailed data on market …

Munich Re 2007 Nat Cat Report Warns of ‘Rising Trend’

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 increase of 50 percent on 2006 ($50 billion).” …

Ratings Recap: Green Valley (Swiss Re), Aviva Canada, CSOB Pojistovna, Harbor Point Re, Hiscox

Standard & Poor’s Ratings Services has assigned its ‘BB+’ debt ratings to the €200 million ($292 million) Class A Series 1 Principal At-Risk variable-rate notes due Jan. 10, 2011 issued by Green Valley Ltd. The transaction closed on Dec. 27, …

Willis Expands Global Graduate Program after China Success

Willis Group Holdings will expand its global graduate program in 2008, following the program’s “huge success” in China. The number of places available to students has risen from 14 in 2007 to 20 in 2008, which has led to a …

Guy Carp’s New Czech Flood Model

Guy Carpenter & Company, LLC announced that its Instrat ® unit has introduced a new, fully probabilistic flood model for the Czech Republic. “The model provides insurers with a reliable, high-quality set of tools for managing potential exposures in one …

U.S. Employee Sues Japanese Ad Firm Alleging Offensive Sexual Activity

The former creative director of the U.S. arm of Japan’s largest advertising agency sued the company this week, saying he was pressured to visit a brothel and engage in other sexually explicit activities on company outings, then was fired after …

R&M Snapshot of Czech Republic

Dublin-based Research and Markets has added “Snapshots Czech Republic Non-Life Insurance 2007” to their offering “Snapdatas Snapshots Czech Republic Non-Life Insurance 2007 provides 2005 year-end market size data, with 2006 estimates, 4 years of historical data and five-year forecasts,” said …

R&M Adds Datamonitor Global P/C Insurance Report

Dublin-based Research and Markets has added Datamonitor’s new report: “Global Non-life Insurance” to their offering. R&M said its “Global Non-life Insurance industry profile is an essential resource for top-level data and analysis covering the non-life insurance industry. It includes detailed …

R&SA Inks New Eastern Europe Deal

The UK’s Royal & Sun Alliance Insurance Group has signed an agreement to acquire 50 percent of GD II – Global Direct Insurance Investments B.V. (GDI), a joint venture with Direct Insurance Financial Investments Ltd. (DIFI), “to access the fast …