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News (as sourced by BestWire News)

The following news stories cover the European market as followed by our BestWire news service. Complete access to the articles listed below is available to subscribers of our BestWeek news publication.

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A.M. Best to Attend Zukunftsmarkt Altersvorsorge 2010: A.M. Best Co. will attend Zukunftsmarkt Altersvorsorge 2010 (Tomorrow’s Market — Provision for Old Age). The conference, which focuses on the future of the ...
Date: 2/8/2010    Source: BestWire
India's Bajaj Allianz General Sees Continued Strong Growth in Core Motor Insurance Line: Bajaj Allianz General Insurance [78529] said its year-on-year motor insurance premium portfolio continued to grow in India last year, as the joint venture ...
Date: 2/8/2010    Source: BestWire
Lloyd’s New Three-Year Strategic Plan Focuses on Competition, Regulation: Underlining its desire to be "the market of choice" in specialist property/casualty lines for insurance and reinsurance providers and their customers, Lloyd's ...
Date: 2/8/2010    Source: BestWire
A.M. Best to Participate at Captive Live U.K.: A.M. Best Co. will participate as an exhibitor during Captive Live U.K., to be held February 22-23, 2010, at the Vinopolis in London. A.M. Best will exhibit at ...
Date: 2/8/2010    Source: BestWire
InsWeb Leads Friday's AMBG as Global Insurance Index Down 1.27%: The AMBG closed Friday, Feb. 5, at 772.92 (-1.27%). Leading A.M. Best's Global Insurance Composite Index (AMBG) were InsWeb (+6.13%) and United America ...
Date: 2/8/2010    Source: BestWire
Obama Pitch Reignites Offshore Reinsurance Tax Loophole Debate: A bill that would stop foreign-based companies from avoiding U.S. taxes by directing reinsurance to affiliated companies in tax havens has no co-sponsors and ...
Date: 2/8/2010    Source: BestWire
January Renewals Were So-So for Reinsurers, but Optimism Could be Misplaced: As reinsurers come out, one by one, with their take on Jan. 1 renewals, the emerging pattern is one of market softness combined with tepid ...
Date: 2/8/2010    Source: BestWire
U.K. Run-off Sector Worried About Solvency II Capital Requirements: With the expected adoption of Solvency II in the European Union approaching in October 2012, the U.K. run-off insurance sector is expressing disquiet about the ...
Date: 2/8/2010    Source: BestWire
anuary Renewals Were So-So for Reinsurers, but Optimism Could be Misplaced: As reinsurers come out, one by one, with their take on Jan. 1 renewals, the emerging pattern is one of market softness combined with tepid ...
Date: 2/8/2010    Source: BestWire
Aetna President: 'Great Opportunity' in International Health Benefits Market: Aetna Inc. has named Sandip Patel to head its international business. In the new position, Patel, who joined Aetna from IBM Global Business Services, will ...
Date: 2/5/2010    Source: BestWire
A.M. Best Revises Outlook to Positive and Affirms Ratings of SCOR Global Life Reinsurance Company of America: A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating of A- (Excellent) and issuer credit rating of “a-” of ...
Date: 2/5/2010    Source: BestWire
BestWeek: Medical Professional Liability Pressure Builds as Market Awaits Shift: A widely held consensus that frequency within medical professional liability has stabilized after a five-year decline is giving way to a sense of anticipation ...
Date: 2/5/2010    Source: BestWire
Arab Orient Insurance Co. Leads Thursday's AMBG as Global Insurance Index Declines 2.82%: The AMBG closed Thursday, Feb. 4, at 782.86 (-2.82%). All 15 A.M. Best stock indexes declined. Leading A.M. Best's Global Insurance Composite Index (AMBG) were ...
Date: 2/5/2010    Source: BestWire
Zurich Financial's 2009 Net up 6% on Growth, Investment Gains: Zurich Financial Services Group's 2009 net profit rose 6% on strong gains in its insurance operations and from its investment portfolio. Net profit ...
Date: 2/5/2010    Source: BestWire
Liberty Mutual Files Suit Accusing Aspen of Plotting to Steal Its Professional Liability Business: Liberty Mutual Group Inc. has filed a lawsuit against nine former employees and their current employer, Aspen Insurance Holdings Ltd., alleging they conspired ...
Date: 2/4/2010    Source: BestWire
PwC: Insurers Must Be Alert to Changes in Corporate Risk Triggered by Financial Crisis: The threats posed by the international financial crisis to the profits and capital bases of large corporations created a new set of demands on insurers and ...
Date: 2/4/2010    Source: BestWire
Wood Named Interim CFO at Willis: Willis Group Holdings plc (NYSE: WSH) named Stephen E. Wood, the current global group financial controller, as interim chief financial officer. The ...
Date: 2/4/2010    Source: BestWire
Markel International Sees Drop in 2009 Premiums as Underwriting, Investments Improve: Markel International Ltd. said its gross premiums declined 7.5% in 2009 from the previous year, while underwriting performance improved. The ...
Date: 2/4/2010    Source: BestWire
UK Broker Miller Hires MacDonald to Lead Corporate Risk Expansion: U.K. specialist broker Miller Insurance Services Ltd. said it has appointed Ken MacDonald to lead what it calls a major expansion of its U.K. corporate risk ...
Date: 2/4/2010    Source: BestWire
New Association Hopes to Make Longevity Bonds Next Cat Bond Market: A new association of insurers, banks and pension companies is hoping to turn longevity risk into an investment vehicle as common as a catastrophe ...
Date: 2/3/2010    Source: BestWire
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