Czech Republic News

Aon Benfield Cat Report for November Highlights Cold and Floods

In its latest monthly assessment of the world’s catastrophes for November Aon Benfield highlights the first winter weather event of the season across Europe with “notable affects.” the report, published by the company’s Impact Forecasting team, who evaluate global natural …

Northern Europe Counts Costs of Early Winter Weather

Heavy snow caused travel chaos across much of northern Europe on Thursday, keeping London’s Gatwick airport closed for a second day and disrupting road and rail travel in France, Germany and Switzerland. Days of sub-zero temperatures and snow in Britain, …

Swiss Re is ‘Well Placed’ for Baden-Baden Renewal Discussions

Swiss Re has issued a bulletin noting that it is “well placed for the upcoming 2011 renewal negotiations with its European clients.” The talks, which begin this week in the German resort of Baden-Baden, bring together brokers and reinsurers (and …

Aon Monthly Cat Recap Highlights Asia Floods, Atlantic Storms

Aon Benfield’s latest release of its Monthly Cat Recap report, which provides an analysis of global natural perils in August, reports the month was “dominated by historic floods in Pakistan destroying over 1.25 million homes, a massive landslide in China …

ICC Survey Concludes Economy is Rebounding ‘at a Slower Pace’

The world economy continued its rebound from the worst recession in decades, according to the quarterly ICC/Ifo World Economic Survey released today, but at a slower pace. The survey concluded that “some regions, notably North America and Asia, saw slowing …

QBE Europe Promotes Tonchev and Jenny

QBE’s European division announced that Petko Tonchev has been promoted to General Manager for Central and Eastern Europe and Felix Jenny will take up the interim position of General Manager of QBE‟s German operation. Both roles are effective immediately. They …

Allianz Names Bauer to Head Europe, Middle East ‘Growth Region’

Allianz annonced that, effective January 1, 2010, Manuel Bauer will be CEO of the new growth region – ‘Central and Eastern Europe, Middle East and North Africa’ (CEEMA). He succeeds Klaus Junker, former CEO of the New Europe region, who …

Czech Court Lifts Last Barrier to EU’s Lisbon Treaty

The Czech Constitutional Court threw out a complaint against the EU’s Lisbon Treaty on Tuesday, removing one of the final obstacles to its ratification. The ruling allows euro-sceptic President Vaclav Klaus to sign the treaty, which will give the EU …

ACE Supports Czech Children’s Charity

The ACE Group of insurance and reinsurance companies has announced the launch of an ACE Foundation รข€” International special fund for the Czech children’s charity Tereza Maxova Foundation (TMF) with a CZK 1.5 million [$86,270; €57,956] grant. The partnership was …

FERMA Welcomes 1100 to Prague Risk Management Conference

The Federation of European Risk Management Associations convened its bi-annual conference in Prague, the capital of the Czech Republic, on Monday, welcoming some 1100 attendees, and two new members. Newly installed president, Peter den Dekker, Corporate Insurance Risk Manager for …