International & Reinsurance News for July 2011
- Validus Touts ‘Superior Proposal’ for Transatlantic; Allied Says It’s a Done Deal
- Ratings Recap: ECIC, Century (Guam), Al Fajer Re
- Lloyd’s Appoints Steel New Open Form Appeal Arbitrator
- Fairfax Financial Profit Rises on Investments
- Rio-Paris Crash Probe Finds Air France Pilots Ignored Warnings
- Lloyd’s Receives Approval for Reduced Collateral from New York
- Canada’s Top Court to Rule on Tobacco Liability
- PartnerRe Comments on Financial Impact of Q2 Losses
- Validus, Transatlantic Miss Earnings Expectations
- Forecasts for 2011 Atlantic Hurricane Season Largely Unchanged
- Transatlantic Sues Validus, Rejects Offer
- Markel to Launch Dutch Operation
- NZ Minister Says Deal in Global Climate Talks ‘Still within Reach’
- Second Quarter Earnings Reports: ACE Limited
- Season’s First Major Storm Threatens Gulf of Mexico, Texas
- WTO’s Lamy Sees Paralysis in Global Trade Talks
- Ratings Recap: Lemma, Adamjee, CCR (Algeria), Bosna Re
- Aon Benfield Guide: All You Need to Know on Volcanoes, Landslides, Tsunamis
- EU Doesn’t Need More Corporate Governance Rules Say Risk Managers
- Japan Committee Clears Nuclear Compensation Bill
- More U.S. Lawsuits Target Chinese Reverse Mergers
- China Launches Safety Campaign After Deadly Train Crash
- Liberty International Appoints Environmental Liability Underwriter for France
- AIR Expands Atlantic Basin Tropical Cyclone Models to Central America
- Steamship Mutual to Launch ‘Piracy Menace’ Loss Prevention DVD
- Validus Goes Hostile on $3.2 Billion Bid for Transatlantic
- Willis Report Notes Stable Market for Airlines, but Questions Sustainability
- Best Names Holzberger as Managing Director – Analytics for EMEA
- ING Sale of Latin American Insurance Unit Sets Stage for Others
- Fake Apple Store Cuts to Core of China’s Risk to Brands
- Europe’s Banks, Insurers Take Greek Debt Hit in Stride
- UK Minister Compares Inaction on Climate Change to Hitler Appeasement
- Best Affirms MAPFRE RE ‘A+’ Ratings; Outlook Remains Negative
- Willis Australasia Appoints Pickering as Chairman; Lindhout CEO
- UK Broker BMS Continues Overall Growth
- Aon UK Set UK ‘Green’ Standard with CEMARS Accreditation
- Study Confirms Growth of Extended Warranties on Mobile, Non-Mobile Products in Europe
- Huge Bomb Blast Hits Oslo; Terrorists Suspected
- UK’s Willis Limited Reaches Settlement with FSA
- Aon GRIP Solutions Expands Europe, Middle East and Africa Team
- U.S. Judge Allows Shareholder Suits Against China Accountants
- West, Russia Divided on U.N. Security Council Climate Role
- Tropical Storm Ma-On Makes Landfall, Heavy Rains in Southern Japan
- Aon Appoints Head Broker for Construction, Power, Infrastructure in Singapore
- Validus, Allied World Tussle over Transatlantic Heats Up
- Canada’s Reformed Class Action Law Wins Few Friends
- Britain: Is It More Corrupt Than It Thinks? Is the U.S.?
- Willis Research Network, Georgia State Team up for Economic Capital Models
- U.S. Defends Doha Trade Strategy after Zoellick Barbs
- XL Insurance Strengthens International Property Business
- Somali Pirates Secrets Revealed in New Book
- Indonesia’s Mount Lokon Volcano Erupts Twice
- 7,500 Earthquakes Shake Resolve in Christchurch, New Zealand
- SCOR Finalizes Sale of U.S. Fixed Annuity Business
- Motorsports Boss Mosely Offers to Underwrite Suits Against Murdoch
- Typhoon Ma-On Nears Japan
- Pirates Release Greek Tanker; All Crew Safe Says Manager
- Ratings Recap: Kuwait Re, Optimum, Montana Re (cat bonds)
- Best Affirms SOVAG’s Ratings; Outlook Stable
- Stress Test Puts Banks’ Euro Zone Debt in Spotlight
- NHC Tracking Tropical Storm Bret
- Allianz: Investors Should Forgive 25-30% of Greek Debt
- China’s People Insurance Group Plans $5 Billion IPO
- IASB Rules ‘On the Way’ to Becoming Global Accounting Standard
- Zurich Completes Latin American Pact with Banco Santander
- Guernsey Removed from U.S. “Blacklist”
- S&P Sees No Ratings Change on Validus from Transatlantic Bid
- AXIS Puts Q2 Cat Losses at $90-$105 Million; Updates Q1 Estimates
- Towers Watson Notes Safety Measures Cause Fall in Mideast Traffic Accidents
- Commission Allows Group to Buy AIG Taiwan Unit
- Magnitude 5.5 Quake Jolts Eastern Japan
- Best Sees No Rating Revisions on Validus from Transatlantic Bid
- Best Affirms Lloyd’s of London’s ‘A’ Ratings
- Willis’ ILS Report Sees Increased Investor Interest in Cat Bonds
- Murdoch’s Bow to Pressure; Will Attend UK Parliament’s Investigation
- Europe’s PERILS Expands Coverage to Norway, Sweden
- Head of S&P Germany Rejects Euro Zone Criticism
- Europe at Impasse on Greece, IMF Backs Investor Role
- Lloyd’s Market Association Marks 10 Year Anniversary
- Insurers Seek Separation from Banks for Systemic Risk Regulation
- Samsung Says Study Finds Workplace Isn’t Cause of Employees’ Cancer
- Greenpeace Charges Big Name Brands Sourcing from Polluting China Firms
- UK’s ABI Launches Insurance Fraud Database
- Ironshore Expands International Presence with Entrance into Australian Market
- Miller Names Collins, Davison to Exec Posts; Continues Growth
- UPDATE – Validus Tops Allied World’s Bid for Transatlantic
- Q1 Losses, Solvency II Drive Research on “Non-modeled” Perils Says Aon Benfield
- Europe Considers Greek Default Possible; Leaders to Meet
- Speers Joins Miller as Head of Legal Matters
- Best Report Says Takaful Poised for Growth, But Greater Focus Needed
- Allianz Global Corporate & Specialty Confirms New London, U.S. Execs
- EU Court Says eBay May Be Liable on Trademark Abuse
- Catastrophe Costs Will Set Record: Munich Re
- U.S. Considers Removing All Tariffs for Poor Nations
- Alterra Bermuda Approved for Reduced Collateral Status in New York
- Amlin Updates Cat Loss Estimates; Reports Increase in Reinsurance Rates
- XL Names Ribotta to New Global Distribution Post
- Allied World Estimates $65-$75 Million Q2 Cat Losses
- Geneva Association Appoints Inscoe to Head Institutional Relations
- Aon Benfield Cat Recap Highlights China Floods; Quakes, Wildfires
- EU Slams Rating Agencies after Portugal Downgrade
- Best Affirms Lloyd’s Syndicate 1084 Ratings; Withdraws Chaucer Holdings’ Rating
- Reactions to News of the World Closure
- Murdoch’s News Corp to Close News of the World
- Japan to Conduct Stress Tests on All Nuclear Plants
- Brown Joins RSA Board as Executive Director
- Ratings Recap: United, Aviva Canada, Jupiter
- Portugal Adds to Europe Woes as Banks Meet on Greece
- Pirates Attack Oil Tanker off Yemen, Crew Safe
- Marsh Launches Global Mining Practice
- New Swiss Re sigma study Reveals Global Premium, Capital Growth
- Aon’s International Space Brokers Opens Hong Kong Operation
- Travelers Names Two New London-based Chief Underwriting Officers
- Marighetti Joins Zurich as Group Head of Strategy
- Lloyd’s Names Patterson as New Controller of Agencies; Lawrence as Deputy
- UK’s UIB Appoints Dilley International Operations Director
- Stress Test Results Confirm Strength of European Insurance Industry
- Swiss Re Warns Europe of Increasing ‘Soil Subsidence’ from Climate Change
- Japan’s Nippon Life to Invest in Germany’s Allianz
- China to Tap Foreign Employees for Social Insurance Funds
- Lloyd’s Novae calls off Merger talks with Omega
- Lloyd’s Sees Opportunities in Emerging Markets
- U.S. Calls for Cross-Border Laws to Counter Cyber Attacks
- Survey Shows Europe’s Top 10 P&C Insurers Grew Premiums by 5.2% in 2010
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