EU SURE Program: Commission disburses €14 billion under SURE to 9 countries

The European Commission has disbursed €14 billion to nine EU countries in the second instalment of financial support to Member States under the SURE instrument. As part of today's operations, Croatia has received €510 million, Cyprus €250 million, Greece €2 billion, Italy an additional €6.5 billion, Latvia €120 million, Lithuania €300 million, Malta €120 million, Slovenia €200 million and Spain an additional €4 billion.

Read more at: Commission disburses €14 billion under SURE to 9 countrie

EU makes bond market history with record $275 bln demand for SURE issue - bankers report

The European Union attracted the highest demand ever for a bond sale on Tuesday at over 233 billion euros ($275 billion), bankers involved in the deal said, as it kicked off fund raising for its SURE unemployment scheme.

Demand was nearly 14 times the 17 billion euros the EU raised from the issue, comprising 10 and 20-year social bonds, bankers said.

Read more at: EU makes bond market history with record $275 bln demand for SURE issue - bankers | Reuters

Insurance Industry: "SURE" takes close look at readjustments and consolidations taking place in the European insurance industry

The Summer issue of SURE published by Koster Insurances takes a special look at the readjustments and consolidations taking place in the European insurance industry .

Also in this issue additional information on the upheaval in the European Insurance industry which comes not only as a result of new EU regulations affecting the Insurance market, but also as a direct consequence of changing economic times, circumstances and influences. Among these outside influences, probably one of the most important being the low interest rates.

SURE notes that For multinational companies, including those in the insurance industry, another dark cloud on the horizon seems to be that there is a general consensus among governments around the world, including the EU, that something has to be done about the tax evasion practices by many multinational corporations. To combat this problem the EU is presently developing a common EU tax base.

This issue of SURE also reviews the EU's sustainable energy strategy and how it can positively influence the job market, and looks specifically at market developments in Britain, Poland, Sweden, and the Netherlands concerning the insurance industry.

Koster Insurances, the publisher of the publication also announced in this issue that this would be the last issue of SURE in its present format. The publication was first published in 2006. 

EU-Digest

Insurance Industry - SURE: International Insurance Highlights With A Special Focus On Europe

Check out the Spring 2015 edition of Sure!   

Sure! is a compilation of press reports as well as market research conducted by Koster Verzekeringen BV, in order to gain more insight into the developments concerning the insurance industry as it relates to the overall global economic climate, social structure and the political environment.

In the Spring 2015 edition of Sure! Solvency II remains on top, as more and more effects of it's impact are felt around the European Union, radically changing the way insurance companies used to conduct their business. The objective of Solvency II, as aspired by the European Commission, is to create additional transparency and a more harmonized insurance industry throughout the European Union.

The Spring 2015 edition of Sure! also provides insight on how some specific EU member states are being affected by Solvency II , including France, Germany, Italy, Britain, in addition to recent developments in Greece and the Netherlands related to the insurance industry.  

EU-Digest

The Netherlands: Client Friendly, Tech Savy - Koster Insurances Part of New Breed in Digitized Insurance Industry

Check out the free Summer edition of SURE! an electronic publication of Koster Insurances BV,

SURE provides not only an in-depth look at a variety of issues of importance related to the global insurance industry, and the economic, social and political environment, but it also focuses on trends related to the ever increasing importance of digitized technology.

In this edition of SURE you will get further insights  into:

• Why progressive insurers and insurance advisers like KOSTER have adapted their operations and management to the new digitized world in order to guarantee their future success.
• How insurance companies, in order to succeed, will have to move away from old-fashioned conservative programs to more dynamic client-friendly service oriented programs.
• Updated Information related to the Solvency II consultations and draft guidelines. 
• The increased credit risk problems in Eastern Europe. 
• Now that the European parliamentary elections are behind us – what is next?
• And of course, a variety of news items related to other developments around the world, including; Britain, Germany, Malta, Qatar, Thailand, Turkey and the USA.

EU-Digest

Make sure you check out SURE

is a compilation of press reports as well as market research conducted  in a cooperative effort  by KOSTER Verzekeringen b.v.,  - a Dunn and Bradstreet top level 1 rated  insurance company, and Europe House, Inc.,  - a non-profit corporation fostering a better global understanding of the European Union, its member states, and policies, through a variety of avenues. The focus of the material collected and published in Sure ! mainly pertains to the insurance industry as it relates to the overall global economic climate, social structure and political environment.

The most recent issue of Sure! (September 2010) deals with recent developments in the international insurance industry, including news on a proposal done by re-insurers concerning future BP-type blowouts and an overview of the most important European political highlights, in addition to a selection of global economic issues.

Make sure you check out SURE ! and get a free subscription.

EU-Digest