International & Reinsurance News for October 2011
- Aon Report on Thai Floods Highlights ‘Extreme Human Suffering,’ Economic Loss’
- AIR Gives Preliminary Analysis of Peru Quake Losses
- Third Quarter Earnings Reports: Aspen Insurance, Validus Holdings
- S&P Upgrades Swiss Re and Core Subsidiaries to ‘AA-‘; Outlook Stable
- AIR Worldwide Launches Multiple Peril Crop Insurance Model for China
- Strong Peru Quake Causes Minor Damage, 83 Reported Injured
- War Veteran Turned Banker is China’s New Insurance Regulator
- UK PM Seeks Law Change to Allow Armed Guards on British Vessels
- BrokersLink Adds 8 New Members
- Fairfax’s Watsa Sees More Turmoil; Maintains Hedges
- PartnerRe Details Cat Loss Estimates; $169 Million in Q3
- Brokers Flock to Sign up for London Market’s Electronic Trading ‘e-Accounts’
- Best Affirms Munich Re, Subsidiaries, Munich Re America ‘A+’ Ratings
- Thai Floods Batter Global Electronics, Auto Supply Chains
- Q3 Earnings Reports: Montpelier Re; Everest Re; Endurance Specialty
- Markets Cheer Euro Deal But Questions Remain
- ABI Assures UK Flood Victims Insurers Ready to Help
- AIR Reports on Heavy Rains, Floods in Ireland, Southwest England, Wales
- Third Quarter Earnings Reports: ACE Limited; Arch Capital
- UPDATE: Hurricane Rina Bearing Down on Yucatan Peninsula
- Flagstone Re to Restructure Business; Sell Lloyd’s Operation
- Best Revises Allied World, Affiliates ICR Outlook to Positive; Affirms Ratings
- Best Affirms Ratings of UK-Based Travelers Insurance Co. Limited
- AIR Estimates Turkey Insured Quake Losses at $56.5 to $170 Million
- Argo Group Preliminary Estimates for Q3 Cat Losses $35 to $40 Million
- Survey Finds Africa, Asia Cities Most at Risk from Global Climate Change
- Flagstone Re Estimates Q3 Losses Will Total Around $45 Million
- Hurricane Rina Strengthens off of Yucatan Peninsula
- Ongoing Pirate Menace Triggers Special Coverage, Security Measures
- Willis Group Reports 4% Growth in Q3
- Munich Re: ‘Uncertainty,’ Economic Crisis, Challenge Re/insurers
- UPDATE: Turkey Quake Toll Mounts; Rescue Work Continues; AIR Analysis
- Best Sees No Rating Changes from of Flagstone Reassurance Restructuring
- Japan Offers Help to Companies Hit by Thai Floods
- Willis UK & Ireland Appoints Wilkinson CEO, McCafferty President
- Energi to Enter Canadian Insurance Market, Forms Energi of Canada LTD
- Willis Names Maurette as Regional CEO for Latin America
- RSA Appoints Hood as Group E-Business Director
- Weak Markets to Hobble Canadian Insurer Results
- 200 Dead, More Missing, as 7.2 Quake Collapses Buildings in Eastern Turkey
- Europe’s Risk Managers Concerned by Social Media Reputation Damage
- Best’s Managing Director-Europe: Solvency II is Coming to an Insurer near You
- Germany Rebuffs France on Euro Zone Solution; Insurance for Bonds an Option
- Cell Phones Don’t Hike Cancer Risk: Danish Study
- Bangkok Braces for Floods; Deaths, Economic Toll Rise
- Big Business, Investors Urge Tough Climate Action
- MetLife Offers Business Travel Medical Coverage to Employees on Assignment
- Wright Named CEO of Willis International, Replacing Margrett
- Lloyd’s Insurer Omega Backs Haverford Offer
- Lockton, First Equity Risk Management in South Africa Joint Venture
- Ratings Recap: BNY Trade, XL [pref. shares]
- French Broker Filhet Allard Joins BrokersLink in Expansion Move
- Plastics Industry Also at Risk for Metal Theft in UK: MMA Insurance
- Global Retail Theft Up 6.6% in Past Year
- Flood Damage Underestimated; Better Risk Prevention Needed: Allianz
- Willis Launches Liability Coverage for Hedge Fund Directors
- Piracy Attacks at Record Levels But Hijackings Decline
- Best Affirms Lloyd’s Syndicate 2010, Cathedral Capital Ratings
- Europe’s Fleet Vehicle Market Valued at $23 Billion
- BP Settles for $4 Billion from Anadarko for Oil Spill Costs
- Stricken New Zealand Container Ship May Break Apart or Sink
- Ratings Recap: Qualitas, Qatar General
- U.S. SEC to Limit Charges Against Allianz
- Bermuda Re/Insurers Announce Q3 Cat Loss Estimates
- RIM Offers Free Apps to Appease BlackBerry Customers
- Death Toll from Rain in Central America Climbs to 81
- Thailand: Bangkok Escape Floods as Waters Recede
- Report AXA, Generali, Tokio Marine, MS&AD Submit Bids for HSBC Unit
- AIR Estimates Insured Losses from Hurricane Jova at Less than $52 Million
- Ex-AIG Unit AIA Group’s Growth Jumps in Q3 as Insurance Demand Rises
- Best Affirms Aspen UK, Bermuda Companies and Subs Ratings; Outlook Stable
- UK Conference Panel Calls for Closer Collaboration with IT Managers
- UK’s Pioneer Appoints Comes New Senior Underwriter
- Willis Launches Reputation Protection for Hotels
- Ratings Recap: HSB (UK), Nissan Global Re, Optima, Hatherley/Park
- Catalina Holdings (Bermuda) Completes Residential Loss Control Acquisition
- Endurance Appoints Lamer to Head U.S. Property Cat Treaty Reinsurance
- AIR Analyzes Jova Damages
- Fairfax Financial’s Hedges Shelter Insurer from Financial Crisis
- BlackBerry Maker Scrambles to End Global Outage; Repair Damage to Brand
- UPDATE: Hurricane Jova Hits Mexican Port; Kills Four; Mudslides in Central America
- US Congress OK’s Korea, Panama, Colombia Trade Pacts
- ACE Tempest Re Appoints Mardon Division President of Bermuda Operations
- Best Affirms QBE and Subs Ratings; Outlook Stable
- New Zealand Says Oil Spill ‘Worst-ever Maritime Environmental Disaster’
- Panel Lauds London Market’s Electronic Success
- Honda’s Thai Production Underwater as Floods Hit Japan Firms
- UPDATE: Hurricane Jova Crosses Mexico’s Pacific Coast
- Willis Appoints Poillon Director of Investor Relations
- Transatlantic Says in Talks with Fourth Suitor
- Category 3 Hurricane Jova Targets Mexico’s Pacific Coast
- Thailand Races to Defend Bangkok from Floods
- Best Affirms Sirius International Ratings
- Aon, Zurich Launch Innovative $100 Million Reputational Risk Coverage
- Jackson to Represent BrokersLink’s Latin America Interests
- Axis Global A&H Names Cañellas Business Development Manager – Int’l.
- Arch Re Group Appoints McGuinness to Head New Canada Treaty Operation
- Travelers Launches New Plastics Package
- Tunnicliffe Rejoins Aon to Lead Global Risk Consulting
- Northbridge Insurance Details management for Merged Company
- FSA Changes Date for Solvency II Implementation, Lloyd’s, Aon Benfield Comment
- Commodity Pricing Volatility Increases Under-insurance Risks Says Marsh
- Aon Benfield Reports Asia Monsoon Economic Losses near $7 Billion
- HSBC Approaches Japanese Insurers on Sale of Non-Life Unit
- FERMA’s President on the Risk Managers’ Role, Transparency, Innovation
- Deutsch Bank Head Sees ‘Fundamental Reassessment’ of Financial Industry
- For Allied World, Is No Deal a Better Deal?
- Regulators Tell Oil Firms to Improve Safety
- RSA launches Global Specialty Lines
- Piracy Costs World Shipping Industry $9B a Year
- Tokyo Electric May Need $112B: Panel
- Chartis CEO Says Europe Still Safe; Insurer Seeks ‘Value Over Volume’
- Ratings Recap: Rembrandt, XL (notes)
- Record Numbers Attend FERMA Conference in Stockholm
- Hurricane Ophelia Sweeps Past Bermuda, Heads North
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