International & Reinsurance News for May 2012
- Aon’s Anning Joins TigerRisk’s London Office
- Sun Life Forms Venture with PVI to Sell in Vietnam
- Prudential Buying U.S. Life Insurance Business from Swiss Re
- Top Trade Credit Insurer Pulls Cover for Exports to Greece
- EU Proposes Cross-Border Bank Rescues
- Italy to Hike Petrol Tax to Fund Quake Relief
- Willis Ireland Acquires Employee Benefits Firm, Attain Consulting
- Google Wins Copyright Ruling in France
- Olympus Whistleblower CEO Woodford Wins Unfair Dismissal Settlement
- Another Earthquake Strikes Northern Italy
- How Relevant Is Insurance? Asks XL CEO McGavick
- ACE USA Enhances International Casualty Coverage
- Dann Joins Miller Insurance Services
- 180 Countries Agree on New Climate Treaty Agenda
- Hurricane Bud Moving to Mexico’s Coast
- Why ‘Project Bonds’ Are a Good Idea: Wynn
- CPCU Society Forms India Chapter
- More Top Executives Say Bribes for Business Acceptable
- AIA Calls for More International Market Access for U.S. Insurers
- Xchanging Expands to U.S. Market
- Tropical Depression Alberto is Atlantic’s First Named Storm
- Ratings Roundup: Top Layer Re, Ardellis, BEST RE
- EU Trade Credit Insurers Considering Restrictions on Greek Coverage
- McGill to Assume New Role as Aon Group President
- Best Upgrades DaVinci Re Credit Rating; Affirms RenRe’s ‘A+’ Ratings
- RSA Reorganizes Global Specialty Businesses into ‘3 Key Divisions’
- OECD Sees Euro Zone Crisis Threatening Global Economic Recovery
- Best Affirms Flagstone Reassurance Suisse ‘A-‘ Ratings; Outlook Negative
- Best Affirms BP Captive Jupiter Insurance ‘A’ Ratings
- Swiss Re Plays Leading Role in Private Sector Plan for African ‘Food Security’
- Best Opens Office in Dubai International Financial Center
- Magnitude 6.0 Earthquake Strikes Italy’s Emilia Romagna Region: AIR Analysis
- Insurance Australia Group to Review UK Business
- UK’s ABI Warns Metal Theft Crime Wave Costs Insurers over $1.6 Million a Week
- Tackling Euro Zone Crisis is Top Priority for G8 Leaders
- XL Group Names Whelley Executive VP- Chief for Human Resources
- China Broker CNinsure Announces Changes to Board of Directors
- Former Dewey & LeBoeuf Lawyers Join DLA Piper Hong Kong Office
- Willis’ DARCstar D&O Program Marks First Year with New Offerings
- PERILS Q1 Report on European Windstorms Shows ‘Very Active Season’
- Cooper Gay Promotes Dalton to Head of Risk Management
- SaveOurSeafarers Organization Lauds EU Air Strike on Somali Pirate Bases
- Data Shows Iran Petro-Chemical Exports Plunge Due to EU Insurance Sanctions
- Allianz Confirms $1.78 Billion Q1 2012 Net Profit
- Aqua Underwriting Enters UK Commercial Market with High Net Worth Products
- EU Naval Forces Carry Out First Strikes on Somali Pirate Bases
- Harris Joins Torus as Group Chief Financial Officer
- Ratings Recap: Swiss Re Corporate Solutions, Milli Re
- Zurich Posts $1.1 Billion Q1 Net Profit; Near $1.4 Billion Operating
- Padilla to Join Swiss Re as Head of Latin American Reinsurance – North
- Maybe Europe Should Abandon the Euro Says Canada’s Finance Minister
- Greenlight Re Appoints Drake as VP-Business Development
- Evolution Underwriting in Deal with Beazley to Develop PI Business in UK
- European Commission Approves ING Restructuring; Opens New Probe
- Lloyd’s U.S. CEO Comments on the Importance of ‘Vision 25’
- UK Prime Minister, Lloyd’s Chairman Unveil Ambitious ‘Vision 25’ Plan
- Earnings Report: Alterra Capital
- Beazley’s Interim Statement for Q1 2012 Shows 9% Premium Growth
- Catlin Group Records 12% Increase in Gross Premiums in Q1 2012
- Refueling by EU Shippers May Violate Iran Sanctions
- Wreckage of Russian Sukhoi Plane Strewn on Indonesian Mountain
- New Antarctic Ice Shelf Threatened by Global Warming
- Best Sees No Ratings Changes at Aviva after Moss Departure
- MAPFRE Q1 Results: Total Revenue Tops $8.8 Billion, Latin American Growth
- Allianz Preliminary Q1 2012 Figures Forecast $1.8 Billion Profit
- Aviva Gives Financial Terms of Moss’ Departure
- Earnings Report: XL Group
- A.J. Gallagher Acquires Majority Interest in UK’s Insurance Dialogue Limited
- UK Seeking Delay to EU’s Iran Ship Insurance Ban
- UK’s FSA Fines Mitsui Sumitomo Insurance (Europe) $5.4 Million; Bans Exec
- Investor Protest Votes on Executive Pay Here to Stay
- Earnings Report: Argo Group
- Gonzalez to Head New A.M. Best Miami Office for Latin American Business
- Moss Quits as Aviva CEO; McFarlane Takes over as Interim Boss
- Munich Re Q1 Profit Tops $1 Billion; Gross Premiums over $17 Billion
- EU Countries ‘Dithering’ over Climate Change Fund
- Earnings Report: Lancashire Group
- Fitch Analyzes Uncertainty over Extension of UK Flood Insurance Plan
- Swiss Re in New $400 Million Nat Cat Bond for Europe, U.S. Wind Risks
- West Africa Pirates Free Gasoline Tanker, But Steal Cargo
- Ratings Recap: National General, Univé Her/Stormher, Radius
- Earnings Report: Flagstone Re
- RSA’s Interim Statement Highlights Organic Growth, Strong Financial Position
- Validus to Hold Modified Dutch Auction Tender for $200 Million Share Buyback
- Best Affirms Fairfax Financial and Most Subs Ratings
- Aon Benfield’s April Global Cat Reports near $1 Billion in Tornado Losses
- Swiss Re Q1 Net Profit Rebounds from Q1 2011 to $1.1 Billion
- Chartis Names Macfarlane to Head UK Energy
- Court Bans Microsoft’s Xbox 360, Windows 7 from German Market
- XL Group Names Lanzagorta Client & Distribution Leader for Mexico
- Miller Hires Gao Zu Biao as North Asia Reinsurance Specialist
- Willis Re Reports on Mutual Insurers’ Diversification Challenges, Opportunities
- Best Upgrades SCOR & Subs Credit Ratings; Affirms Financial Ratings
- Earnings Reports: Allied World, Endurance Specialty, RenaissanceRe
- Earnings Report: PartnerRe
- Geneva Association Reminds Federal Reserve Insurers Aren’t Banks
- Willis Capital Reports Strong Growth in Cat Bond Market; $1.3 Billion in Q1
- Willis Re Appoints Welsch to Central Reinsurance Team
- Reuters Columnist James Saft on Europe’s Credit Crunch; Bank Capital
- Earnings Report: Aspen Holdings
- Willis Review Sees Better Times Ahead for Aviation Industry
- Lockton Consolidates International Operations with Trident III Buyout
- SCOR Posts 11% Increases in Renewal Pricing
- Shipping Exec: India’s State Insurers to Provide $50 Million Cover for Iran Oil Buy
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