Latest Europe News
Zurich firm ballparks Property losses from extratropical tempest.
California wildfires emerge as largest cause of loss at the end of 2018.
Munich Re says “eventful” second half of 2018 contributed to overall loss figure of $160bn.
The final insured loss estimate for the storm is €100m more than the initial assessment.
Two leading market players open European bases as the putative March exit date approaches.
Sonja Rottiers, Michel Flamée, Christian Noyer and Delphine Marchessaux named to new posts.
EC says the transaction does give rise to some overlaps between the companies' activities.
Total economic losses from natural and man-made disasters one of the highest on record due to new trends.
AGCS Global Claims Review findings based on analysis of 470,000 claims from 200 countries.
Pool Re CEO Julian Enoizi spoke to Reactions about the new deal struck with the Treasury and the changes he is now driving through to modernise the UK'?s terrorism risk reinsurance pool.
Profiles: Contrary to the diverse consumer base insurance serves, most industry C-suites are dominated by white, older men. Reactions speaks to some of the industry’s most renowned women as well as what can be done to get more women in the industry.
Interview: The top threat to catastrophe reinsurer RenaissanceRe’s new CEO Kevin O'Donnell maintaining his predecessor’s enviable returns is a flood of alternative reinsurance capacity settling for single-digit returns. He is bullish about RenRe's future.
Interview: Albert Benchimol has had a busy year since taking over as CEO of Bermudian insurer and reinsurer Axis Capital, dealing with the ousting of its chairman and Superstorm Sandy losses. He is now confident that a strong period of growth is ahead for his firm.
We ask Carlos Montalvo Rebuelta, the European Insurance and Occupational Pensions Authority's executive director, for more details on interim guidelines for Solvency II and his response to criticism from insurers and reinsurers over the directive's delay.
Matthew Fairfield, CEO of Amsterdam-based start-up insurer ANV, believes the fall-out from the financial crisis has created the perfect opportunity for a new insurance and reinsurance player to enter the market and thrive.
Company profile: German insurance group Talanx, majority owner of Hannover Re, has floated at last. But the group will not use the deal as a springboard for aggressive growth, says the CEO of its industrial insurance unit.
John Nelson has had a busy first year as chairman of Lloyd’s, with the market’s Vision 2025 plan his biggest contribution so far. He believes the make-up of firms and people at Lloyd’s is not diverse enough.
Ed Noonan, CEO of Bermudian reinsurer Validus, has responded to missing out on Transatlantic Re by launching a $500m joint venture with hedge fund manager John Paulson and agreeing to buy Flagstone Re for $623m. He says it is time to adapt or die.
December 2018/January 2019
In this month's Reactions