Poland News

Research & Markets Publishes Europe Insurance Survey

Dublin-based Research and Markets has added “Insurance in Europe” to their offering. The study gives an industry profile, which R&M describes as “an essential resource for top-level data and analysis covering the insurance industry. It includes detailed data on market …

Munich Re 2007 Nat Cat Report Warns of ‘Rising Trend’

Munich Re’s loss figures for 2007 from natural catastrophes concludes that “despite the general absence of extreme events, overall economic losses had reached $75 billion by the end of December – an increase of 50 percent on 2006 ($50 billion).” …

Willis Expands Global Graduate Program after China Success

Willis Group Holdings will expand its global graduate program in 2008, following the program’s “huge success” in China. The number of places available to students has risen from 14 in 2007 to 20 in 2008, which has led to a …

Guy Carp’s New Czech Flood Model

Guy Carpenter & Company, LLC announced that its Instrat ® unit has introduced a new, fully probabilistic flood model for the Czech Republic. “The model provides insurers with a reliable, high-quality set of tools for managing potential exposures in one …

International, Personal Lines Drive Liberty Mutual 3d Quarter

Liberty Mutual Group reported net operating income of $390 million for the three months ended September 30, 2007, an increase of $3 million over the same period in 2006. Results in the quarter include a 9.6% increase in revenues and …

AXA Corporate Solutions Head Calls for Premium Stabilization

Jean-Paul Rignault, chief executive of AXA Corporate Solutions, called for premium rates to be stabilized if insurers are to achieve adequate pricing and the current soft market cycle, now taking hold, is to flatten out. He spoke at the close …

FERMA Conference Opens in Geneva

More than 1200 participants assembled Monday morning at Geneva’s International Conference Center for the fifth Forum of the Federation of European Risk Management Associations (FERMA). Delegates were welcomed by Pierre-François Unger, president of the State Council of the State of …

R&M Adds Datamonitor Global P/C Insurance Report

Dublin-based Research and Markets has added Datamonitor’s new report: “Global Non-life Insurance” to their offering. R&M said its “Global Non-life Insurance industry profile is an essential resource for top-level data and analysis covering the non-life insurance industry. It includes detailed …

Ratings Roundup: PZU, Fortis Corporate

Standard & Poor’s Ratings Services has issued a release indicating that its ‘A-‘ long-term counterparty credit and insurer financial strength ratings on non-life insurer Powszechny Zaklad Ubezpieczen S.A. (PZU S.A.) and life insurer Powszechny Zaklad Ubezpieczen na Zycie S.A., core …

Dequae Re-Elected FERMA President; Poland, Finland Join Group

Marie-Gemma Dequae has been re-elected President of the Federation of European Risk Management Associations (FERMA) by its executive board members. She is Group Risk & Insurance Manager of Bekaert, a Belgian multi-national metal transformation and advanced materials and coatings group, …