Scandinavia
Tapiola endorses Moody's Solvency II software
Finnish mutual insurer Tapiola has selected Moody's Analytics' Solvency II software to enhance its risk management infrastructure and help it meet the forthcoming Solvency II deadline.
- 04 Apr 2012
Mapfre expects 6% revenue increase in 2012, as 2011 rises 3.2%
In 2011, Mapfre achieved a net result of €963m, a 3.2% rise on the 2010 full year results.
- 12 Mar 2012
Asian air traffic a game changer in aviation market, warns broker boss
Air travel in Asia Pacific is set to significantly surpass that of North America and Europe in the next five years, increasing the exposure of airlines operating in the region to potentially game-changing risks such as reputational risk.
- 07 Mar 2012
Kiln launches into specialist property with appointment in Paris
Kiln has appointed a new underwriter in Paris to focus on a broad range of property facultative reinsurance risks across Europe.
- 05 Mar 2012
European construction – back to good health?
Construction markets have suffered across the globe with the financial downturn biting hard. Edward Murray investigates whether there are any glimmers of hope for the European market in 2012.
- 02 Mar 2012
Asian results help JLT offset difficult European trading period in 2011
Strong retail revenue growth and margins in Asia helped Jardine Lloyd Thompson offset difficult trading environments in Europe and deliver profit before tax of £147.6m for the full-year ending 31 December 2011.
- 01 Mar 2012
RSA IFS and counterparty credit ratings upgraded to 'A+'
General insurer RSA's core operating entities have been upgraded to 'A+' in recognition of the group's strong capitalisation.
- 28 Feb 2012
RSA reports 58% increase in underwriting result to £375m
General insurer RSA reported a 58% increase in the underwriting result to £375m for the full year 2011, attributed partly to the successful growth of overseas operations.
- 23 Feb 2012
Perils expects €267m losses from Windstorm Andrea
Independent Zurich-based firm Perils has disclosed its initial loss estimate for windstorm Andrea as €267m.
- 20 Feb 2012
Trygg-Hansa and Codan appoint COO from Alka
Trygg-Hansa and Codan, RSA's Scandinavian businesses, have appointed Niels Mortensen as their chief operating officer.
- 14 Feb 2012
Torus recruits XL underwriting manager
Specialty insurer, Torus, has appointed former XL property underwriting manager Gilles Rousseau as a senior underwriter for its general property division.
- 06 Feb 2012
How will the ECJ gender ruling impact European insurers?
As the national press continues to probe the impact of the European Court of Justice’s gender ruling on the European consumer, Francesca Nyman asks if European insurers can comply and still retain their competitive edge.
- 03 Feb 2012
XL appoints construction manager for Ireland, UK and Nordics
XL insurance has appointed Ian Lushington as construction underwriting manager for the UK, Ireland and Nordic regions.
- 01 Feb 2012
Economic uncertainty to impact European construction in 2012
The health of the European construction sector will depend on austerity plans in 2012, according to credit insurer Coface.
- 30 Jan 2012
View from the top: Setting realistic expectations for 2012
Well 2011 certainly was a challenging year for the global insurance sector. The natural catastrophes in Australia, New Zealand, Thailand and Japan caused massive claims.
- 27 Jan 2012
Portugal, Spain and Turkey lead the way in European banassurance
Banks are most important distributors of insurance in Portugal, Spain and Turkey, according to recent research.
- 17 Jan 2012
Skuld enters into Transmarine partnership
Norwegian marine insurer Skuld has formed a partnership with Transmarine, part of the Michael and Else and Company MGA operation specialising in marine trade disruption and consequential loss insurance.
- 13 Jan 2012
RSA Swedish reserving not an issue according to analyst note
There is no clear evidence of under-reserving at RSA, according to analyst Jefferies despite the fact in Scandinavian this remains inherently volatile.
- 11 Jan 2012
Clustering seen as Windstorm Andrea follows hot on Ulli's heels
Windstorm Andrea passed through the UK earlier last week, fast on the heels of Windstorm Ulli, which brought widespread travel and power disruptions to Scotland.
- 09 Jan 2012
Axa raises €2.5bn to invest in the European property market
French insurer Axa will invest up to €2.5bn in the development of green and brownfield sites and existing properties which require extensive redevelopment across the continent, to exploit the gap left by banks in the property lending market.
- 09 Jan 2012
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