International & Reinsurance News for April 2012
- Earnings Reports: Validus Holdings, AXIS Capital
- UK Terrorism Reinsurer Pool Re Has over $7 Billion for Olympic Games Coverage
- Best Affirms Ratings Samsung Fire & Marine (Europe) Ratings
- CNA Announces Approval from Hardy Shareholders for Acquisition
- Willis Posts $225 Million Q1 Net Income; Strong Growth
- Ratings Recap: Arab Orient, Tristar, ASSA, Arabia, ACR Capital
- Berne Union Reports Members Insure $1.8 Trillion of Int’l. Trade, Investment
- Spanish Economy in ‘Huge Crisis’ after Sovereign Debt Downgrade
- Tower Group Announces Strategic Investment in Lloyd’s Canopius
- Earnings Reports: Everest Re, Montpelier Re
- MAPFRE to Insure Iberia, Other Airlines for 3 Years
- Lloyd’s Register Withdraws from Iran Due to Sanctions
- Canopius to Buy Lloyd’s Omega Insurance for $265 Million; Tower in Related Deal
- Willis Names Lieu, Zhou to Strengthen Asia Client Team
- Fewer Storms Forecast for 2012 Atlantic Hurricane Season
- Earnings Report: ACE Limited
- Lockton to Open New Australian Operations in Perth and Sydney
- Swiss Re Team Favored to Acquire Groupama’s Brokerage Unit – Sources
- Civil Unrest Leads Aon to Downgrade 37 Countries on Political Risk Map
- S&P Lowers India’s Rating Outlook to Negative; Investment Rating in Peril
- ACE Appoints Hollenberg to Head Canada Operations; Brosnan for P/C
- Reinsurers Resilient Despite Catastrophes, Economic Uncertainty, Says A.M. Best
- S&P Revises Argentina’s Sovereign Debt Rating Outlook to Negative
- Earnings Report: Platinum Underwriters
- Ratings Recap: Insurance Barbados, Talanx (Notes), Ability Re, Newport Bonding
- IMB Report Notes Piracy Increasing in W. Africa; Somalia Still Main Threat
- Q1 Insurance-linked Securities at Record $1.49 Billion: Aon Benfield Study
- Dutch Trains Collide in Amsterdam; 1 Death, Dozens Injured
- New Prosecutor Seeks to Stop Chevron’s Brazil Operations
- Recent Indonesia Quake Added Pressure to Key Fault
- Willis Global Energy Market Review Highlights 2011 Losses, Fracking Concerns
- Catlin Receives Approval to Establish Representative Office in Beijing
- Best’s Special Vietnam Report Sees Continued Strong Growth
- Talbot Underwriting (MENA) Appoints Warren as New CEO
- Insuring the Olympic Games: Major Risks, Much Secrecy, Heavy Coverage
- Willis Marine Market Review Forecasts ‘Another Difficult Year’
- Willis Re Names Beedle to Head Asian Operations
- AIR Expands Cat Risk Engineering Program for Supply Chain Risk Quantification
- Is Marine Insurance the Stranglehold on Iran?
- Are Some Insurers ‘Globally Systemic Important Financial Institutions?
- Luecke Joins Argo Group as Treasurer
- Costa Concordia Salvage to Begin in May
- Japanese Insurers to Limit Iran Oil Voyages in Mideast Gulf – Sources
- Fireman’s Fund Partners with Allianz to Expand Entertainment into Canada
- Ratings Recap: ARABIA Co-op, ARABIA Insurance (Jordan)
- Tsunami Watch Cancelled; AIR Worldwide Analyzes Quake Risk
- Fireman’s Fund, Allianz Global Expand Entertainment Division into Canada
- Two Strong Quakes near Sumatra Trigger Tsunami Alert
- Arch Capital Completes Acquisition of Ariel Re’s Credit & Surety Reinsurance
- Goldman Sachs Completes Acquisition of Ariel Re’s Bermuda Operations
- Aon Benfield Reports Reinsurers’ Capital Remains Strong Despite near Record 2011 Cat Losses
- Zurich’s Name Change to Zurich Insurance Group Now Official
- Platinum estimates $24.8 Million Q1 2012 Losses from Catastrophes
- Japan P&I Club Ship Insurer Sets New Rules on Iran Oil Transport
- Best Lowers, Withdraws Omega Specialty Ratings; Affirms Lloyd’s Syndicate 958
- Applied Systems to Open Canada Data Center
- Microinsurance in Rapid Expansion Says ILO, Munich Re Report
- Cooper Gay Swett & Crawford Names Southwell to Head Group Operations
- Cruise Ship to Retrace Voyage of the Titanic
- Validus Sets up PαCRe Sidecar; Capitalized at $500 Million
- Total to Proceed with Work to Cap Leaking Gas Well
- Ratings: United Overseas, Aspen (Pref. Shares), BF&M, Island Heritage
- Swiss Re Structures $240 million Insurance-linked Securities for Allianz
- IAG Malaysia Partner Gets Regulatory Approval for Kurnia Insurans Deal
- Pilot Forced to Land after Snake Pops out of Dashboard
- Aon Benfield March Cat Recap: Severe U.S. Weather, Quakes & Floods
- Climate Contrarian Case Wilts as More Studies Confirm Warming Trends
- London Market Group Notes Improvements in Electronic Claims Capabilities
- Cooper Gay Swett & Crawford Reports 2011 Earnings of $344 Million
- Willis Japan Appoints Enomoto New Retail CEO
- Best Announces Rating Actions on NZ’s ‘Old’ & ‘New’ AMI Insurance
- Best Downgrades Brit Insurance Ratings; Placed on Review/Negative
- China P&I Club to Stop Indemnity Coverage for Tankers with Iran Oil
- Cooper Gay Names Calverley New Managing Director for Australia
- Accenture to Team with SAS Institute for Sweden’s Folksam Solvency II Regs
- PERILS Estimates Windstorm Andrea Property Losses at $407 Million
- Starr’s Greenberg: China ‘Eager to Begin Talks’ on Free Trade Pact with U.S.
- Allianz Seeking ‘Takeover Gems’ in Post-crisis Financial Wreckage
- Chevron, Transocean Face New Multi-billion Brazil Lawsuit; ‘Outrageous’ Say Companies
- ABI, UK Government, BIBA Team up to Help Older People Find Insurance
- Ratings Roundup: NAGICO, Sun Hung Kai Properties
- Melting Arctic May Redraw Global Geopolitical Map
- Cooper Gay Promotes Hooper to Chief Commercial Officer; Hovey to CEO
- Willis Re Report on Reinsurers Sees Lower Loss Activity, Market Support
- Starr Indemnity Receives Foreign, Non-Life Insurance License in Japan
- TT Club Finds Majority of Supply Chain Claims Caused by Human Error
- Aon Completes Strategic Move to London
- Ratings Recap: Solid, Jevco, Argus Group, Munich Re (bonds)
- MICC Urges MENA insurers to Become National Champions, Regional Players
- PERILS Updates Europe Industry Exposure Database for 2012
- PwC, CBI Survey Finds, Growth ‘Modest Optimism’ in UK Financial Services
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