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Groupama launches e-traded SME commercial products

Groupama Insurances has made its first e-traded product live for full-cycle trading on Open GI, Acturis and Insurecom. Optima Property, Groupama’s online commercial property owner’s product, is now...

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Munich Re provides serial cover for offshore wind farm

Munich Re says it has become the first insurance group to offer serial loss cover for offshore wind energy units. Corresponding cover for a North Sea wind farm has been signed by Marcus A Wassenberg,...

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Guy Carpenter re-evaluates terrorism risk and coverage

The rise in political instability and civil unrest across the globe, including uprisings in the Middle East and protests in Greece and Spain, have highlighted the need for tailored terrorism and...

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Aegon acquires Ukrainian life insurer

Aegon is acquiring Fidem Life, the fifth-largest life insurance company in Ukraine, from local private equity firm, Horizon Capital. The move strengthens Aegon’s position in the Central and Eastern...

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Munich Re chairman to retire

Munich Re’s supervisory board chairman, Hans-Jürgen Schinzler, is retiring on 31st December 2012. He will be succeeded by Bernd Pischetsrieder, who has been on the reinsurer’s supervisory board since...

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Hastings appoints marketing director

Hastings Direct has appointed Nicola Charles as marketing director, reporting to managing director of retail, Tobias van der Meer. Ms Charles was formerly head of digital marketing at LV= having...

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Hiscox – Superstorm Sandy claims £90m

Hiscox has announced an estimate for the impact of Superstorm Sandy, which made landfall in the US on 29th October 2012. Net claims are expected to be in the region of £90 million based on an insured...

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Guy Carpenter opens Dubai office

Guy Carpenter has opened its first office in the Middle East having received a licence from the Dubai Financial Services Authority to operate as an insurance intermediary in the Dubai International...

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Towergate signs Loss Recovery Insurance agreement with Lorega

Towergate has entered into a five-year agreement with Lorega, to exclusively provide its range of Loss Recovery Insurance products to the broker’s clients. Lorega has successfully worked in partnership...

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AIG launches its Apprenticeship Programme

AIG Europe Limited is joining forces with the National Apprenticeship Service to announce its new Apprenticeship programme. AIG will be creating job opportunities for up to 25 apprentices in 2013 based...

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