International & Reinsurance News for February 2013
- Ratings Roundup: Eurasia, Kazakhinstrakh
- AIR Update: Tropical Cyclone Rusty Makes Landfall in Western Australia
- FACTBOX-What UK Banks Have Set Aside for PPI Mis-Selling
- Arc Legal Partners with Rent4sure for Online Claims Reporting for Landlords
- Best Sees No Ratings Change for UK Insurers Following Moody’s Downgrade
- Aspen Announces $150 million Accelerated Share Repurchase Program
- Markel and Alterra Shareholders Approve Acquisition
- AIR Worldwide Analyzes Potential Impact of Tropical Cyclone Rusty
- Australia’s Port Hedland Iron Shipping Port Spared Worst of Cyclone Rusty
- Ratings Recap: Marble Re, Victoria
- Zurich Places Subordinated Notes of $1.032 Billion
- Australia’s QBE Profits Reduced by Higher Claims; Cuts Dividend
- Australia’s Main Iron Ore Port Braces for Direct Tropical Cyclone Hit
- Busher to Retire from Montpelier Re Posts
- Commentary: The Near Impossible Battle against Hackers Everywhere
- Gunther Saacke Appointed CEO of Doha-based Q-Re
- BrokersLink Chairman: ‘Independent Brokers Can Become Global Powerhouses’
- Ratings Recap: GIC Re, Seguros Inbursa, National Grid
- XL Group Launches $850 Million Share Buyback; Raises Dividend
- Tempo Underwriting Teams with Berkley Europe for Commercial D&O
- UK’s Arc Legal to Increase Access to Social Media Abuse Coverage
- Allianz Reports Revenue, Operating Profit and Net Income Growth for 2012
- Insurance Australia Group Posts US$ 840 Million Half Year Insurance Profit
- Swiss Re Posts $4.2 Billion 2012 Net Income; Premiums & Fees up 15%
- Best Reports Thailand’s Non-Life Sector Moving to New Regulatory Era after Floods
- Gray to Replace Cooper on RenaissanceRe Board of Directors
- Videotel Launches Revised Piracy and Armed Robbery Program
- Iron-Starr Excess Enters Bermuda Healthcare Market
- Faure Joins Endurance as CEO-Global Reinsurance
- Fitch Concludes Indonesian Flood Losses Manageable for Non-Life Insurers
- RSA Posts $1.047 Billion 2012 Operating Profit; 5% Premium Growth
- Transactional Insurance on the Rise, Says Managing General Underwriter Ambridge
- US Security Group Suspects Chinese Military Unit behind Hacking Attacks
- Commentary: Ice-Free Arctic Ocean in 2030?: Gerard Wynn
- Horsemeat Blame Game Ricochets across Europe
- Meteor Blast Impacts Russia: AIR Analysis; Insurance Coverage?
- AIG to Purchase Outstanding Interest in AIG Israel
- Ratings Recap: Compania Internacional (CIS), Leadway
- Allied World Posts $41.1 Million Q4 Loss; FY 2012 Net Income $493 Million
- Sullivan Leaving Willis in May; Hearn to Lead Global Solutions Unit
- G20 Wrangles over Currencies, Borrowing, Deficits at Moscow Talks
- EU Formally Proposes Plans for 11-Nation Financial Trading Tax from 2014
- U.S. Chamber, Europe Business Group Welcome U.S-EU Free Trade Talks
- ING to sell KB Stake for app. $675 Million; Seeks Buyer for Korea Insurance Unit
- Zurich Posts $ 3.9 Billion Net Income; Farmers GWP up 24% to $4.4 Billion
- Goals of the U.S.-EU Free Trade Agreement; Re/Insurance Regs Reconsidered
- India to Ensure Refiners Running Iran Crude Oil Get Insurance: Source
- Aspen Posts $2 Mn Q4 Net Income; FY $280.4 Mn; No Plans to Exit U.S. Property
- International Chamber of Commerce Survey Finds Improved Economic Climate
- Xchanging Launches ‘X-presso’ – Mobile App for Claims Files
- Willis Reports $804 Million Q4 Operational Loss from Financial Charges
- Insurance Exec. Bathurst to Head Mystic Capital’s London Office
- Renaissance Re Posts $41.7 Million Q4 Net Income; $566 Million FY 2012
- Munich Re Warrants Performance of Xicato’s LED Light Modules
- Arch Capital Posts $13.7 Million Q4 Net Income; $568.3 Million FY 2012
- Best Affirms Beazley’s Lloyd’s Syndicates Ratings ; Downgrades Holding Co. ICR
- Arbitrators Press Ecuador to Halt Chevron Judgment Enforcement
- New MGA Ascent Underwriting Launched in London; Targets Emerging Cyber Risks
- Montpelier Re Reports $27 Million Q4 Net Loss; FY 2012 Net Income of $214 Million
- PartnerRe Reports $111.5 Million Q4 Net Income; FY 2012 $1.1345 Billion
- IAG Updates Loss Estimates from Australia’s Floods and Fires
- Beazley Posts Strong Growth; Pretax 2012 Profits $251.2 Million
- Lockton Expands Australia Operation with Melbourne Broker Acquisition
- Catlin Group’s $339 Million 2012 Profit Less than Forecast as Sandy Loss Widens
- Best Affirms Validus’ ‘A’ Ratings; Outlook Stable
- Australia, Indonesia Floods Highlight Aon Benfield’s January Cat Report
- XL Group Posts $81.4 Million Q4 Net Income; $651.1 Million Full Year
- Aspen Insurance Holdings Makes Director and Management Changes
- Argo Group Posts $4.7 Million Q4 Loss; FY Net Income $52.3 Million
- P&I Club Correspondents under Pressure to Acquire Indemnity Insurance
- MAPFRE Posts 10.1% Rise in 2012 Premiums to $29.28 Billion
- RBS Fined $612 Million for Libor Rate Rigging
- Everest Re Reports $58.8 Million Q4 Net Income; FY 2012 $829 Million
- Earnings Report: AXIS Capital Holdings
- Lockton Re Hires New Execs to Strengthen Global Reinsurance Capabilities
- Trotti to Head AIG’s International Aerospace Unit
- Earthquake, Tsunami Kills at Least 5 in Solomon Islands; Alerts Now Cancelled
- Julian James to Become President of Allied World Europe
- Ratings Recap: American Safety, Al Ittihad Al Watani
- French Oil Tanker Likely Hijacked off Ivory Coast
- Willis’ Report Focuses on Threats Facing Mining Industry
- Ironshore Europe Names Lewis to Lead London Market Healthcare Expansion
- Munich Re Preliminary Figures Show $4.33 Billion Profit in 2012
- Barclays Sets Aside another $1.58 Billion for Mis-Selling PPI Insurance
- Dual Specialty Underwriters Launches International D&O Program
- Three More Bodies Found at Mexico Pemex Blast Site, Death Toll Reaches 36
- Syndicates Increasingly Using Lloyd’s China Platform
- Mexico Pemex Blast Death Toll Rises to 32; Cause Unclear
- Aon Posts $11.5 Billion FY Total Revenue; $3.1 Billion in Q4; Income Gains
- Marsh, Maplecroft Analyze Risks of Escalating Violence, Regime Instability
- Hiscox Names 3 Execs in Move to Strengthen London Market Casualty Team
- Xchanging Launches Fees Direct+ Service
- Lloyd’s Insurer Jubilee Welcomes Rules on PPI to Rebuild Confidence
- China Approves HSBC Sale of Remaining $7.5 Billion Ping An Stake
- JLT Malaysia Acquires Insfield Insurance Brokers Sdn Bhd
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