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Insurance
DARAG, the European run-off specialist, is to acquire ERFO Assicurazioni (ERGO), an Italian insurance consolidator – its first transaction in Italy and one which will give the company a platform in Southern Europe. 19 July 2016
Insurance
Following the publication of the International Association of Insurance Supervisors consultation of the Insurance Capital Standard, the deputy director general of Insurance Europe, Olav Jones, has made comment. 19 July 2016
Insurance
Rushed changes to the ultimate forward rate (UFR) could risk pushing insurers towards sub-optimal investment strategies, which could unnecessarily impact policyholders’ returns negatively, according to Insurance Europe, the European insurance and reinsurance federation. 18 July 2016
Insurance
A majority of Intelligent Insurer readers participating in a survey do not think that, in the Brexit negotiations, the UK’s new Prime Minister Theresa May will be able to secure the same level of access to the European market that UK re/insurers currently enjoy. 18 July 2016
Insurance
Berkshire Hathaway Specialty Insurance Company (BHSI) has expanded its Northern European operation, appointing Ulrich Kremer as senior vice president (SVP) of claims. 18 July 2016
Insurance
Blue Capital Reinsurance Holdings has revealed its estimated losses stemming from a number catastrophes in the second quarter including the Fort McMurray wildfires in Canada, the convective storms in Texas and Europe and the Kumamoto earthquake in Japan. 18 July 2016
Insurance
Neon, the specialist Lloyd’s insurer, has appointed Andrew Dougall to the newly created role of executive underwriter: head of casualty. 18 July 2016
Insurance
Following the terror attack on July 14 in Nice, involving the driver of a 25-tonne lorry driving full speed into a crowd of people along the Promenade des Anglais avenue, risk modelling company Risk Management Solutions (RMS) has commented on the exceptional nature of the attack. 15 July 2016
Insurance
Gable, a European non-life insurance company, enjoyed solid growth last year but also made heavy losses and has revealed more about a strategic review designed to return the business to profitability and meet Solvency II requirements. 15 July 2016
Insurance
AXA Insurance has expanded its London-based commercial real estate team through the appointment of Anneke Sims as underwriting manager. 15 July 2016
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