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Swiss Re EMEA CEO sees business opportunity in $15.5bn nat cat protection gap
Insurance
In order to reduce the $15.5bn protection gap in Europe, Swiss Re is bringing together representatives from the insurance industry, stakeholders from the EU Commission, the EU Parliament and other public sector organisations, and the academia to discuss examples of successful natural catastrophe schemes globally and see what learnings could be transferred to Europe.   8 June 2017
Swiss Re EMEA CEO takes aim at $15.5bn nat cat protection gap
Reinsurance
Swiss Re is engaging in an initiative to persuade governments in Europe to create schemes that will enable private re/insurers to expand the coverage of flood and earthquake risks.   8 June 2017
Insurance
As it is more likely than not that the UK will leave the EU without any alternative arrangements in place, UK brokers are at risk of losing access to the EU market, according to specialist law firm Carter Perry Bailey.   7 June 2017
Insurance
XL Catlin’s insurance operations has promoted Adias Gerbaud to the position of head international environmental.   7 June 2017
Insurance
Rating agency AM Best has appointed John Bromfield as independent non-executive director to the board of its Europe, Middle East and Africa (EMEA) region subsidiary, AM Best Europe Rating Services (AMBERS).   7 June 2017
Insurance
Re/insurer QBE will establish a new subsidiary in Brussels, Belgium, to preserve its ability to operate across the European Union in the event of a loss of 'passporting' rights when the UK leaves the EU.   6 June 2017
Insurance
Specialist commercial insurer CNA Hardy will form a new European subsidiary in Luxembourg after Brexit, and appoint a local management team to oversee its risk, finance and compliance functions.   6 June 2017
Insurance
The insured property market losses from extratropical cyclone Zeus, which primarily affected France on 6 and 7 March 2017, has reached €269 million, according to PERILS, a catastrophe insurance data provider.   6 June 2017
Insurance
RSA Insurance Group is planning to set up a new subsidiary entity in Luxembourg as the headquarters of its existing EU branches in Belgium, France, Germany, Spain and the Netherlands.   5 June 2017
Insurance
The Association of British Insurers (ABI) has become embroiled in a row with British Airways (BA) over who should foot what could be a hefty bill relating to compensation resulting from the airline’s recent computer systems outage, which affected 75,000 passengers.   5 June 2017

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