Risk Management Solutions (RMS) announced the launch of “the first parametric index for assessing insured industry losses from windstorms in Europe.” The new model -” Paradex Europe Windstorm” – combines “wind speed measurements in specific locations with industry exposure data, …
Zurich Financial Services Group announced that it will expand its services for corporate customers in Norway and Denmark through the establishment of two new branches of Zurich Insurance Ireland Limited (ZIIL), its principal subsidiary for the European Union. ZIIL, which …
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 …
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 …
Standard & Poor’s Ratings Services has revised its outlook on Norway’s Storebrand Livsforsikring AS (Storebrand Liv) and Storebrand ASA to negative from stable. S&P also affirmed its ‘A’ long-term counterparty credit and insurer financial strength ratings on Storebrand Liv and …
A.M. Best Co. has assigned a financial strength rating (FSR) of “A-” (Excellent) and an issuer credit rating (ICR) of “a-” to the Esurance Insurance Group (Esurance). In conjunction with the assignment, Best also announced that it has downgraded the …
A.M. Best Co. has affirmed the financial strength rating of “A” (Excellent) and the issuer credit rating of “a” of Sweden’s Sirius International Insurance Corporation with a stable outlook. “The ratings reflect Sirius’ strong risk-adjusted capitalisation, improving operating performances and …
Marsh announced that it has established a captive insurance management and advisory facility in Copenhagen to serve the Nordic region. Lars Andersen has joined Marsh to lead its Captive Solutions Practice in the region, focusing on Denmark, Norway and Finland. …
Standard & Poor’s Ratings Services has assigned its ‘B’ senior secured debt rating to the $75 million class A, series 2007-I principal-at-risk variable-rate notes issued under the newly established shelf program, Nelson Re Ltd., sponsored by Glacier Reinsurance AG (Glacier …
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, …
