International News for April 2011 More to Explore for Doha World Trade Deal, EU Says Lloyd’s Market Association Questions Aspects of FSA Regulatory Reform Cássio dos Santos Appointed CEO of Zurich’s LatAm General Insurance Lloyd’s on Coverage for Royal Wedding Celebratory ‘Street Parties’ First Quarter Earnings Reports: Montpelier Re, Everest Re Best Affirms SCOR and Subs Ratings after Transamerica Re Deal Cooke to Head Lloyd’s Marketform Marine Cargo Underwriting Asbestos: Japan Tsunami’s other Hidden Danger Lockton Dubai Names Dawes Specialist Financial Lines Broker Tosti Appointed CEO of Willis Facultative London First Quarter Earnings Reports: Arch Capital, RenaissanceRe Five Japan Life Insurers Eye Unhedged Foreign Bonds; See Weaker Yen S&P: Japan’s Rating Outlook Now Negative on Quake Costs; Affirms Debt Ratings Weather Forecasters Agree on Active 2011 Atlantic Hurricane Season Arab Political Shocks Demand Risk Rating Rethink McLaren Group Selects Aon as Global Broker Global Reinsurers at ‘Critical’ Point, Says Best’s Report SCOR to Buy Aegon’s Transamerica Reinsurance Unit for $913 Million Somali Pirates Release Greek-owned Ship; Ransom Paid Japan to Launch Massive Search for Quake Victims Bodies Beazley Remains Confident, Despite Q1 Catastrophes Allianz Confirms Cat Bond Commitment with $40 Million U.S. Placement Ratings: Wilton Re, London General, Cattolica, Arab Re Celent Expands Asian Financial Services Group Aon Benfield Says Q1 Cat Losses Expected to Raise Facultative Rates UIB Places Commercial Payloads Coverage for Space Shuttle Best Comments on Chaucer and Lloyd’s Syndicate 1084 Ratings Cooper Gay Restructures Latin American Operations into Regions WTO Faces Tough Choices after Latest Doha Round Setback Lockton Launches ‘Enterprise Disruption Contingency’ Insurance Aon Benfield Estimates Reinsurers’ Capital at $470 Billion Best Removes Brit Insurance from Under Review; Affirms Ratings Munich Re Ups Dividend, Comments on Impact of 2011 Disasters Doha Round Trade Talks Deadlock Puts a Price on Free Trade UK’s Voyager Lists ‘Top 10′ Reasons for Wedding Cancellation Insurance Claims UK Probes Banks over Prudential’s Failed AIA Bid Say Sources ACE Appoints Cote Continental Europe Financial Lines Manager Rising Sea Levels Trigger Disasters in China Says Xinhua News Agency Alterra Announces Reinsurance Role Changes and Promotions Fitch Affirms ACE Limited’s and Subs Ratings; Outlook Stable Catlin Estimates Japanese Earthquake/Tsunami Losses at $200 Million EDHEC-Risk Institute, Russell Investments to Design Solvency II ‘Benchmarks’ Lloyd’s Insurer Chaucer Endorses The Hanover’s Takeover Bid ABI Warns of Potential Duplication in Regulatory Reform Ratings: Syndicate 1225 (Aegis), Pacific Int’l., Int’l. Energy, Flagstone Re (Africa) Hannover Re Acquires Reinsurance Portfolio from Scottish Re HDI-Gerling Expands UK Operations with New Birmingham Office CORRECTION: S&P RMS Cat Bond CreditWatch Lloyd’s Insurer Sportscover Expands; Blunt to Underwrite Bloodstock Willis Report Warns of Potential Political Violence Coverage Gaps Summary of Re/Insurers’ Loss Estimates from Japan’s Earthquake, Tsunami Japan’s Meiji Life Says Confidence in U.S. Bonds ‘Unshaken’ Electrical Contractors’ Insurance Services, SELECT Form Partnership Hagerty Marine Announces Broker Program in Canada Lloyd’s Chairman Levene to Retire; Nelson Named to Replace Him Genden Appointed CEO of Travelers Europe Best Affirms Ariel Re, Ariel Holdings Ratings; Outlook Stable Keen to Head Cooper Gay’s ‘Upstream Energy’ Growth Q1 Pirate Attacks ‘Hit All-time High’ IMB Reports UK’s Sterling Offers Free Wedding Coverage to Mark Royal Wedding Best Finds P&I Clubs in ‘Good Financial Position’ to Face Testing Times Mitsui Sumitomo at Lloyd’s to Expand into Ireland FERMA:Brazil’s Response on Regulation Change Complaints O.K.;More Needed Best Affirms Flagstone Re’s Ratings; Outlook Revised to Negative ABIR Reports 2010 Results for Bermuda’s Re/Insurers; $11.4 Bn Net Income Macleod to Head SCOR’s Channel Syndicate Marine Division Liberty Mutual Might Assume Share of Ireland’s Quinn Insurance Margrett Named Willis International CEO Murdoch News Corp. Hacking Scandal Claims Mount Japan Plans State-Backed Insurer to Save TEPCO Japan Businesses Demand Compensation for Nuclear Evacutaion Aon Benfield Partners with Shanghai Institute on Typhoon Research Global Nuclear Forum Backs Safety Push Markel UK Launches Markel Direct for Low Premium Accounts LeapFrog Invests $14M in African Group Apollo for Microinsurance Solvency II: ‘Beware the Dog That Didn’t Bark,’ Warns Willis Re Record $1 Billion Catastrophe Bonds Issued in Q1 Tokyo Electric Power’s Liability May Be Capped Japan Insured Losses Up to $34 Billion: RMS UK: Don’t Let Insurance Rules Spoil Royal Wedding Parties Tokyo Nuclear Plant Company Could Face $23 Billion in Losses AIG Urges Taiwan Unit Employees to Support Sale Tokyo Rethinking Its Earthquake Plan After Japan Disaster Goldman Buys 12% Stake in China Insurer UPDATE: U.N. Climate Change Agenda Agreed, Roadmap Set for 2011 News of the World Admits Phone Hacking Liability Willis Acquires 22.5% Stake in So. Africa Benefits Provider Amabubesi Munich Re in ‘First-time’ Guarantee of Solar Modules in France ACE Covers Trustee Liability for UK Low Cost Pension Scheme UK Moratorium on Use of Genetic Testing Extended to 2017 Says ABI Goldman Buys 12.02% Stake in China’s Taikang Life Ghost of Cancun Haunts Bangkok Climate Talks Strong Earthquake Shakes Japan’s Ruined Northeast Coast Ratings Roundup: Syndicate 382/Hardy, Samsung Europe Transatlantic Holdings Estimates Q1 Cat Losses at $355 Million New Zealand to Back Insurer AMI Despite Budget Pain ICC Warns Doha Failure Would Have Dire Consequences for World Economy Aon Benfield Launches Cyprus Earthquake Model Financial Consultant Bjelobaba Analyzes Changing UK Regulations Lloyd’s Chaucer in Deal for First Russian Coverholder Japan Quake Reveals Cracks in Insurance System – Part II Hub International Acquires Vancouver-based Redcliffe Arguments over Agenda Stall U.N. Climate Talks Japan Quake Reveals Cracks in Insurance System – Part I Aon Analysis Finds Airlines Seeing Passenger Numbers Increasing in 2011 Towers Watson: Disasters Have Limited Impact on Japan Insurers XL’s Japan Quake/Tsunami Loss Estimates – $190 to $290 Million MMA to Write Commercial Lines via Broker Network Trading Room RSA Appoints Colahan as New Hong Kong Chief Executive Amlin Estimates Claims from Q1 Catastrophes DUAL Corporate Risks Launches Product for Computer Consultants, Contractors Crunching Japan’s Disaster Numbers: Final Bill May be Staggering Japan Nuclear Crisis to Trigger Huge Civil Damage Claims Lloyd’s Writes the Ultimate Travel Policy for Sarah Outen Willis Re Upbeat on S&P’s New Insurer Capital Model Liberty Mutual Expands UK Commercial Lines Operations Aon Benfield Report: Despite Catastrophes, Reinsurance Rates Remain Stable AXIS Global A&H Names Smart, Berkshire to International Team Ratings Roundup: Insurance Barbados, SOLID April 1st International News Ariel Re Estimates Q1 2011 Cat Losses between $35-$50 Million Lloyd’s Director Luke Savage on 2010 Results, Japan, What’s Ahead Mexico Climate Change Deal to be Debated in Bangkok ABI Endorses UK Government’s Proposed Legal Reforms International News Archives
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