International & Reinsurance News for January 2012
- Willis Appoints Trigg as Managing Director for Global Solutions Unit
- Lime-St.com For Underwriters Launches Cloud Computing for Insurers
- Willis Re Notes 25% Growth in Insurance Loss Warranty Market
- French P/C Insurers’ Outlook Now Stable: Moody’s
- Ratings Roundup: Fuji Fire, Greenlight Re
- UPDATE: Insured Loss Estimates from Thailand Floods
- Hurst-Bannister to Join Xchanging Ins-Sure Services Board
- MetLife to Acquire Aviva’s Czech, Hungarian, Romanian Operations
- Insurance Society to Team with UNEP for Sustainable Insurance
- China’s Premier Says Government Debt ‘Controllable’; Promises Insurance Reforms
- Strong Quake Jolts Eastern Japan
- More Than Ever, Businesses Must Think ‘What If’
- China Plans to Turn Shanghai into Global Money Center
- Swiss Re’s Chief Economist Sees Fed Actions Calming Debt Crisis
- Arctic Ice Melt Lifts Hopes for Russian Maritime Trade
- Kaufman Financial Acquires London’s Chesterfield Group, Texas MGA
- Costa Cruises Offers Settlements to Passengers
- Japan’s Stricken Nuclear Operator to Get $13 Billion Bailout
- Ratings Roundup: Instituto Nacional, Malaysian Re
- AIG Thinking about Buying Back More of AIA
- S&P: Excess Capital, Strong ERM Give Reinsurers 2011 Cat Loss Cushion
- U.S. Wholesale Broker AmWINS Completes Acquisition of London’s THB
- Fairfax Prem Watsa Brings Hope to RIM’s Restless Shareholders
- Everest Re Estimates Q4 Total Catastrophe Losses at $245 Million
- U.S. Eyes WTO Services Pacts Amid Doha Stall
- Study: Major Earthquake Could Hit Tokyo Within Years
- Best Places PartnerRe and Operating Subs Ratings on Review/Negative
- Cruise Liners Need Tighter Safety Rules Say Marine Insurers
- Best Sees No Ratings Change for QBE Despite Lowered Profit Estimates
- Analysis of New EU Data Protection Laws Command the Tide but Not the Cost
- Euro Zone Ministers Reject Private Bondholders’ Offer on Greek Bonds
- WillisWire Bloggers Reveal Their Top Emerging Risks for 2012
- Ratings Roundup: Taiping Re, First Insurance
- Fine Arts Consortium Increases Capacity for 2012
- Hannover Re Expects Major Loss from Costa Concordia Capsize
- Chevron Appeals $18 Billion Judgment Ruling in Ecuador Lawsuit
- Xchanging Names Binns Executive Director – Technology Services Business
- Harris Joins XL Group from Chartis as Chief Executive-International P&C
- Best Upgrades Arch Re, Operating Affiliates Ratings to ‘A+’
- UPDATE: Insured Loss Estimates from Thailand Floods
- Markel Enters Germany Through Joint Venture with Anglo Underwriting
- Europe to Issue Tough Rules Protecting Internet Users’ Data
- Ratings Roundup: New India, PMG (Sony)
- Turner Steps Down as Marketform CEO & Director
- Carnival Will Review Safety, Emergency Response Systems
- Endurance Thai Flood Losses $76.5 Million; Ups Nat Cat Loss Amounts
- Fairfax to Acquire 25% Stake in Thai Re
- Fitch: Bermuda Insurance Market Resilient as Pricing Firms
- Carlyle Cuts Stake in China Pacific Insurance Group
- List of Insured Loss Estimates from Thailand Floods
- Financial Stability Tops List of Insurers’ Concerns: Geneva Association
- Concordia Disaster Could Cost Insurers $1 Billion
- Gorman Joins DUAL Ireland Team as Financial Lines Underwriter
- 2011 Piracy Attacks Totaled 439; 275 off Somalia: ICC/IMB Report
- Cavanagh Appointed Willis Re CEO
- Navy Actions Reduce Somali Pirate Hijackings: Maritime Bureau
- Ship Disaster Unlikely to Prompt Quick Safety Changes
- News Corp. Admits Guilt, Settles Hacking Claims
- AXIS Estimates Thai Flood Losses at $48 Million; Updates 2011 Loss Estimates
- Alterra Receives Approval to for Local Reinsurance Company in Brazil
- PartnerRe Estimates Thai Flood Losses at $120 Million
- S&P Follows up on Euro Zone Rating Actions
- Ratings Roundup: Dah Sing, Kiln, Ghana Re
- IUA to Compile New Statistical Analysis of the London Insurance Market
- Swiss Re Report Examines Insurance Role in Earthquake Disasters
- XL Appoints Salamanca CEO of Mexico Insurance Operation
- UK’s Jubilee Joins i-Digital Insurance for ‘Downloaded Content’ Coverage
- Willis Teams with Narec Capital to Boost Renewable Energy Coverage
- Flightsurance Now Available in the UK and Ireland
- Accounting Firms Cleared of Blame in Japan’s Olympus Scandal
- Cancer Village Lawsuit Tests China’s Pollution Lawsuit Climate
- AIA May Bid $6B for ING Asian Business
- Carnival, Tourism Industry, Insurers Tally Cost of Cruise Ship Accident
- XL’s Preliminary Thai Flood Loss Estimates: $135 to $185 Million
- UK Panel Seeks to Reign in Whiplash Claims; ABI, RSA Comment
- Aon Benfield Appoints 2 in Asia Pacific Region
- Aon To Move Corporate Headquarters to London
- Investors: Private Sector Must Tackle Climate Change
- Australia’s QBE Slashes 2011 Forecast; Shares Dive
- Australia’s QBE Insurance Shares Halted; Balboa Concerns Cited
- Ratings Roundup: SHC Capital, TP Re, RSA (Bahamas)
- Allianz Ready to Convert Commerzbank Non-voting Stake Say Sources
- Sullivan Joins Cooper Gay as Marine Re Team Director
- World Economic Forum Warns Economic, Social Turmoil Risk Globalization Gains
- Kiln Head Franks Joins Lloyd’s Franchise Board
- XL Insurance Combines Property, Asset Protection; 6 Engineering Heads Named
- Cyclone Heidi Shuts Australian Iron Ore Ports, Oil Fields
- Report Says Mafia Now ‘Italy’s No.1 Bank’ as Economic Crisis Bites
- Aon Benfield 2011 Catastrophe Study: $107 Bn Insured Losses; $435 Bn Economic
- Best Concludes Global Reinsurance Ratings Outlook for 2012 is Stable
- French Broker Gras Savoye Receives License to Operate in Georgia
- Ironshore Expands Environmental Products to Europe
- Ratings: QBE Del Istmo, Asia Capital Re, Lloyd’s Syndicate 570 (Atrium)
- Windstorm Andrea, First of 2012, Causes Damage in Europe: AIR Report
- Liberty Syndicates Appoints Wilkinson Head of Risk Management
- Grounded Cargo Ship Breaks Apart on New Zealand Reef
- Olympus Sues President, Ex-directors over $1.7 Billion Fraud: Sources
- AXIS Appoints Smith CEO, Country Manager of Australian Operations
- Global Economy Could Endure Disaster – for ‘Only a Week’
- Australia’s Suncorp Updates Melbourne Storm, NZ Quake Loss Estimates
- XL Gets Brazil Go-Ahead for New Insurer
- IAG Updates Claims Estimates for Victoria Storms, NZ Quakes
- Windstorm Ulli is Latest to Batter Northwest Europe; AIR Analysis
- Ecuador Plaintiffs to Seek Damages from Chevron Abroad
- Marsh Completes Acquisition of Alexander Forbes’ Brokerage Business
- La Playa Insurance Introduces Yacht Coverage
- Catlin Boosts Hijack, Kidnap, Ransom Services with Partnerships
- Earthquakes Prompt Record Insurance Claims in 2011
- AXA, Japan Post Top Best’s List of World’s Largest Insurers
- Catlin Forms Partnership with Crisis Management Consulting Firms
- Ecuador Court Upholds $18 Billion Judgment against Chevron
- Lloyd’s Ascot in Underwriting Deal for Power Generation with Brit, QBE, Sciemus
- IAG Finalizes $4.86 Billion Reinsurance Program for 2012
- Liberty Syndicate Names Dubois to Head Business Advisory Team
- Magnitude 7.0 Earthquake Strikes off Japan Coast
- UK’s Voyager Insurance Services Acquires Fresh Start Insurance
- Xchanging Upgrades Mainframe Platform for London Market
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