Germany

Aviva’s McMillan bullish on insurer summit outcomes

David McMillan, chief executive officer UKGI at Aviva, has told Insurance Age he was as optimistic as he had ever been on reducing the cost of motor premiums following the outcome of last week’s insurance summit with the Prime Minister, David Cameron.

Insurance Age blog: Insurance just got (a bit) sexy

Yesterday was not a good day for Munich Re. A German business newspaper broke a story which has been the most amusing thing I have had to report on for a while or in fact ever. For those of you who managed somehow to escape the story, still the popular…

Coface returns to profit

Trade credit provider Coface has announced operating profit of €89 million in the first nine months of the year compared to a loss of €240 million in the same period of 2009.

Agenda: Commission disclosure

The European Union (EU) is now putting together its consultation paper on a revised Insurance Mediation Directive and this will include their views on commission disclosure.

Insurance Age blog: What I learnt from Oktoberfest

The original Oktoberfest occurred in Munich, on October 12, 1810 to commemorate the marriage of Crown Prince Ludwig (later King Ludwig I) and Princess Therese of Saxe-Hildburghausen. The event was so successful that the decision was made to renew it in…

Reportage - cyber liability: Reducing online exposure

As websites and e-trading take a more prominent role in every facet of business, online liability risks grow. Edward Murray asks how the market can keep up to date with the exposures and how brokers should best advise their clients.

PIA head urges insurers to embrace global risks

Insurers' conservative attitudes towards risks outside the UK is holding back ambitious plans to establish multi quote-and-buy systems worldwide, according to liability broker Professional Insurance Agents (PIA).

Majority of SMEs have inadequate cover

Less than one in three (30%) small to medium sized enterprises (SMEs) in Europe believe they are insured in the event that a professional mistake leads to them being sued, according to research from Hiscox.

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