International & Reinsurance News for August 2012
- Russian Insurance Community Works on Implementing ACORD Standards
- Lockton Enters Strategic Relationship with Ecuador Broker Security Re
- UPDATE: Validus’ Flagstone Re Buy Examined
- Hurricane Kirk in Mid-Atlantic; TS Leslie May Hit Bermuda: NHC Reports
- Willis Research Sees Fewer, but Stronger, Hurricanes in Future Years
- Validus to Buy Flagstone Re for $600 Million in Cash and Stock
- Ratings Recap: China Taiping (NZ), Maiden Holdings (Shares)
- How Iran’s Main Oil Buyers Deal with Insurance Sanctions
- ANV Syndicate Opens Accident & Health Underwriting Operations
- CCRIF Reports Minimal Damage; No Payouts Due from TS Isaac
- Willis Exec Comments on Russia Joining WTO
- Willis to Open 22nd China Office in Harbin
- Tropical Storm Bolaven Makes Landfall in North Korea: AIR Analysis
- Guy Carpenter Report Finds Lloyd’s Seeking to Improve ‘Competitiveness’
- NHC Tracking TS Kirk
- Swiss Re Corporate Solutions Opens Netherlands for Benelux Market
- Montpelier Re Names Downey Global Casualty, Specialty Treaty Head
- Typhoon Bolaven Strikes Okinawa; Heads for South Korea: AIR Analysis
- Arctic Sea Ice at Record Low; Expected to Keep on Melting
- Europe Drawn Back to its First Problem – Greece
- Orlich Joins American Safety Reinsurance Bermuda
- TS Isaac Drenches Haiti, Cuba; Turns West in Gulf of Mexico: AIR Analysis
- Powerful Typhoon Bolaven Nears Japan’s Okinawa Island
- XL Group Names Fisher to Lead Canadian Reinsurance Operations
- Swiss Re Reports Italian Insurance Market at ‘Crossroads’ of Change
- Ratings Recap: Oman Insurance, Abu Dhabi National, NLGIC, MEICO
- Typhoon Tembin Approaching Taiwan: AIR Analysis
- Stenzhorn, Bateman Join Lloyd’s Broker Howden’s Energy Division
- Best Assigns ‘B+’ Ratings to UAE’s Al-Sagr; Outlook Stable
- Philippine Police Arrest 357 Foreigners for Online Fraud
- TS Isaac Nears Haiti with Heavy Rains; Remains on Course for Eastern Florida
- Fitch Notes Reinsurers More Risk-Focused For More Asian Catastrophes
- U.S. Exports Seen at Risk as Russia Enters WTO
- UPDATE: TS Isaac on Track to Hit Florida; Strengthening Expected
- Ratings Recap: Omega Insurance, Al Ittihad, Alliance
- TS Isaac Forms in Atlantic; Strengthening Expected; Could Hit Florida: NHC
- Asia’s Iran Crude Oil Imports to Regain Levels Prior to EU Insurance Ban
- Best Upgrades NIPPONKOA’s Ratings to ‘A+’; Affirms Subs
- Best Affirms Sompo Japan’s ‘A+’ Ratings; Subs Ratings
- NSIDC: Arctic Ice Melting at Faster Rate than 2007 Record Year
- El Nino Seen Having ‘Modest Impact’ on Australia
- Flagstone Re Completes the Sale of Lloyd’s Operation to ANV
- Tropical Storm Helene Weakens as it Passes over Mexico’s East Coast
- Ambiental Flood Experts in Partnership with Aon Benfield Research
- Arc Legal Launches e-Underwriting Legal Expense Plan for Families, Landlords
- UPDATE: Hurricane Gordon Passes Azores; Expected to Weaken
- Montpelier Re Names Lucking Head of Individual Risk Property
- O’Halloran Steps Down as QBE Group CEO; Neal to Replace Him
- Climate Change Poses Risks to Food Supplies Beyond U.S. Drought
- Goofy Gordon Going Wrong Way; Storm Heads for Europe
- Earnings Report: QBE Group
- Best Upgrades QBE Optima’s Ratings to ‘A-‘; Outlook Stable
- Zurich Insurance Group Posts $2.2 Billion 1st Half Net Income
- New Storm Hits North Philippines; at Least 2 Dead
- RSA appoints Hotson Investor Relations Director
- Ebix Acquires Online Insurance Tech Provider TriSystems
- Catlin Names Curran to Head London Casualty Operations
- IBC Estimates Alberta Wind, Thunderstorm Insured Losses over $100 Million*
- Insurance Deal Lets India Resume Shipping Iran Oil
- Standard Chartered Reaches $340 Million Settlement in New York over Iran
- R K Harrison Hires Rees to Lead New Cyber Risk Practice
- Euro Zone Skirts Slump; Reprieve Seen Short-lived
- New Storm Dumps More Rain on Flood-battered Philippines
- Allianz Central and Eastern Europe Operations 1st Half Results
- Hiscox Bermuda Appoints Palmer to Head Analytics and Research
- Wildfires Threaten to Burn Precious Natural Parks in Spain
- Africa’s Pirates Have Demands for Insurers – and a Letterhead, Too
- Death Toll in Iran Quake Raised to at Least 250
- Olympics: IOC President Closes ‘Happy and Glorious’ Games
- Ratings Recap: Electrical Contractors’, Scotia, Société Centrale, Adamjee
- India’s Basic Realities May Confound New Finance Minister’s Reform Agenda
- Cyber Surveillance Virus from Mideast Can Spy on Bank Transactions
- Hannover Re Reports 85% 1st Half Gain in Net Income to $497 Million
- Montpelier Re Announces Appointments in Property Treaty Operation
- ING Sees Quick Sales in Asian Insurance Break-up
- Aspen Restructures Regional Reinsurance Leadership
- AIR Update on Typhoon Haikui, as Storm Hits China
- Weakened Hurricane Ernesto Causes Minimal Damage
- Swiss Re Reports $83 Million Q2 Net Income; $717 Million in P&C
- Ratings Recap: Mapfre Panama, Infrassure, Lemma
- Earnings Reports: XL Group, Alterra Capital
- China Braces for Another Typhoon; Japan on Alert: AIR Analysis
- Philippines Rushes Aid to 850,000 People Affected by Floods
- UPDATE: Cat I Hurricane Ernesto Nears Mexico, Belize
- Aon Benfield Monthly Cat Report Highlights China Floods; Agriculture Losses
- Willis Appoints Vaccaro CEO for Facultative Reinsurance Operations in Chile
- Earnings Reports: Argo Group, Flagstone Re
- Munich Re Reports Q2 Profit over $1 Billion; 1st Half near $2 Billion
- Earnings Report: AXIS Capital
- TS Ernesto Strengthens; Expected to Impact Belize, Mexico; AIR Analysis
- Willis Warns Directors of Risks in Serving on Boards
- Earnings Report: RenaissanceRe
- Willis Warns Directors D&O Policies May Not Cover Some Cyber Risks
- Peak Sun Cycle Threatens Satellites, Power Grids from Space Storms
- Allianz Expresses Concerns over Central Banks Role in Libor Scandal
- Aon Benfield Appoints Summers Global CEO Facultative Re Division
- UPDATE: TS Ernesto Crossing Caribbean; AIR Analysis
- Best Sees No Change In Tower Group Ratings from Canopius Merger
- Earnings Reports: Catlin Group, RSA
- Ratings Recap: Sunderland Marine, ENI
- NHC Tracking TS Ernesto in Caribbean
- Willis Posts $107 Million Q2 Net Income; $332 Million 1st Half
- ING Considering Sale of UK, Canadian Online Banks
- Typhoons Saola, Damrey Strike, Philippines, Taiwan, China: AIR Analysis
- RBS Confirms Firing Employees over Libor Rigging Scandal
- The Libor Scandal – an Ongoing Major Catastrophe
- India Power Failure Hits Millions; Among World’s ‘Worst Blackouts’
- Recession, Libor, Facebook Punish Europe’s Banks
- Legal Expert Taherbhai Joins Aon Infrastructure Solutions in Canada
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