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Alpine Countries

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Allianz achieves record revenue in Q1

Allianz achieved total revenues of €32bn in the first quarter of 2013 the highest quarterly total revenues in its history, and an increase of 6.6% on the first quarter of 2012.

technology vortex

AGCS appoints technology risks underwriter

Allianz Global Corporate & Specialty has appointed James Tuplin as a technology risks underwriter within the financial lines team.

Barbara Chandler

VFTT: Anticipating client growth aspirations

Europe's slow recovery is encouraging firms to seek growth in unfamiliar markets, but few consider whether their insurer is equipped to support them in their expansion, QBE's Barbara Chandler says.

Allianz wins 20-year naming deal for Sao Paulo stadium

German insurer Allianz has entered into an agreement that will see it name Brazil’s newest outdoor stadium, currently known as Nova Arena.

Allianz revenues jump 6.6% in Q1

German insurance giant Allianz recorded revenues of around €32bn in the first quarter of 2013, up 6.6% on the previous year.

Insurers could be hamstrung by France's new consumer law

A new consumer protection law is set to give French insureds greater flexibility over policy cancellation.

Top 5 European news stories

The top five stories from www.insuranceinsight.com over the past seven days.

Liberty Syndicates celebrates a decade in Cologne

Brokers, policyholders and politicians turned out in Cologne to help Liberty Syndicates celebrate 10 years since the insurer opened an office in the German city in 2003.

S&P upgrades MMA following Covea restructure

Standard and Poor has upgraded its insurer financial strength rating and counterparty credit rating on MMA-AM from 'A-' to 'A'.

Ince & Co promotes German lawyer to partner

Sami Chowdhury has been made a partner at insurance specialists Ince & Co in Hamburg.

"Stagnating" Austrian market challenging for insurers

Austrian insurers face a challenging domestic market but should benefit from their strength in Central Eastern and South-Eastern Europe, Fitch said.

Generali opens Global Corporate and Commercial unit

Operations have begun at Generali’s Global Corporate & Commercial business unit, a platform established to integrate insurance services for medium and large multinationals.

Top 5 European news stories

The top five European news stories from www.insuranceinsight.com over the past seven days.

Insurance Insight Q+A: Frank Pinder, Global Options

Global Options president Frank Pinder speaks to Francesca Nyman about fraud, special investigative units and the US company’s European ambitions.

Europe View from the Top: Frederik Wulff

The protective nature of the German insurance market has historically meant that local property and casualty insurers have been willing to provide generalised cover across a range of industries, ensuring profitability when claims increase, or demand wanes, by raising rates.

Lufthansa's fleet grounded

The German airline Lufthansa has cancelled all but 20 flights out of 1 700 as its ground staff staff strike over pay on Monday 22 April.

Talanx targets 10% increase in net income annually

German insurer Talanx is eying annual net income growth of 10% for the next three to five years, it's chairman Herbert Haas has said.

Willis secures twelve month extention in Gras Savoye deal

Willis Group has extended the exercise date of its call option to acquire full ownership of French insurance broker Gras Savoye by one year.

Ace appoints environmental head for Germanic region

Ace Group has appointed of Udo Wegerhoff as environmental insurance manager for its Germanic region as it grows its environmental offering across Continental Europe.

VIG Re sees profit jump 17.8% in 2012

VIG Re reports, the reinsurance arm of Austria’s Vienna Insurance Group a 17.8% increase in pre-tax profit to €24.3m, for 2012

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Rudolf Frei

Video: Insurance claims in Asia - An interview with Rudolf Frei

What is the claims environment like in Asia? What are insurers doing to manage increasing claims costs and is there sufficient expertise in the market to handle future claims?

customers

Blog: Is the client always right?

Red tape

James Portelli

Middle East blog: Poacher turned game keeper

Bahrain trade centre

Francesca Nyman

Middle Eastern Promise

world-insurance-report-2013

World Insurance Report 2013

Capgemini and Efma are pleased to present the sixth edition of the World Insurance Report (WIR). This report looks at the channel and other preferences of insurance customers by analysing data from Capgemini's Customer Experience Index (CEI).

aon-benfield-international-matters

Designing an international insurance programme

Designing a multinational insurance programme is a complex undertaking. However, the right strategy and tools help optimise performance and boost bottom-line results. This Aon Benfield article addresses the key challenges to overcome, including cultural issues, regulations, business process management and risk.

lloyds-country-profile-singapore

Lloyd's country profile: Singapore - September 2012

Country Profiles provides individual summaries for Lloyd's key territories. These profiles contain factsheets on the economy, insurance market and Lloyd's business. This analyst report from September 2012 focuses on Singapore.

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Insurance Insight is brought to you in association with Ernst & Young

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