International & Reinsurance News for April 2013
- ACE Establishes Special Purpose Vehicle, Altair Re
- Ratings Roundup: AGA Int’l., Aspen (Notes)
- India’s Finance Minister’s Insurance Reform Agenda Runs into Political Hurdles
- Willis’ Faber Exec Sees Re/Insurance Growth in Turkey
- INTTRA to Offer Cargo Insurance Through Ocean Shipping E-Commerce Network
- AXIS Capital Posts $303 Million Q1 Net Income; $227 Million Operating
- To Tax or Not to Tax – ‘Foreign’ Reinsurance’ Tax Proposals on the Agenda Again
- Montpelier Re $91.9 Million Q1 2013 Net Income; Operating Income $66 Million
- Arc Legal Increases Share of UK Yacht Coverage
- McCann to Succeed Plumeri as Willis Chairman; Director Candidates Listed
- EU Supports French Demand; Trade Talks with U.S. Should not Cover Culture
- AXA to Buy 50% of China P&C Insurer Tian Ping for $631 Million
- Best Affirms Platinum Underwriters and Subs Ratings; Outlook Stable
- White House Formally Notifies Congress of Japan Free-Trade Talks
- Brazil’s BB Seguridade, Smiles SA Conclude IPO’s – Boosts Insurance
- Ratings Recap: PaCRe, Barbados, Cotswold, Orient, Kuwait Re
- UK MGAA Members Write over $3.85 Billion in Gross Premiums
- Allied World Reports $159 Million Q1 Net Income
- Everest Re Reports $384.3 Million Q1 Net Income; 31% Growth in Operating EPS
- UPDATE: Many Trapped in Bangladesh Building; Death Toll Climbs to 175
- Wells Fargo Insurance Launches U.S.-Based International Specialty Group
- Bangladesh Factory Building Collapse Kills Nearly 100; 700 Injured
- Swiss Re in Co-op Agreement with GEM Foundation for Latin America Quake Risk
- WHO Says New Bird Flu Strain is ‘One of Most Lethal’ Viruses
- IAG Outlines Strategy to Sustain New Zealand Market Position
- ACE Reports $953 Million Q1 net Income; P&C Combined Ratio 88.2%
- ACE International Expands Travel Risk Coverage to Renewable Energy Industry
- Study Finds Long-Term Global Cooling Period Ended in 19th Century
- No Light yet at End of Euro Zone Tunnel; Global Economic Weakness Persists
- Willis Report Warns of Growing Risks from Natural Catastrophe Exposures
- AIR Worldwide Announces New Real-Time Climate Risk Analytics Service
- Aon Global Risk Management Survey Highlights ‘Top 10’ Risks for 2013 & 2016
- Brit Global Specialty Acquiring Maiden Holdings’ E&S Renewals, Underwriting
- Towers Watson Expands Crisis Management Brokerage Lineup
- Earthquake Kills 207 People Injures 11,500 in China’s Sichuan Province
- ABI Reports UK is the ‘Whiplash Capital of Europe’
- McGraw Elected as ICC Chairman; Mittal Vice-Chairman
- SoDA, IPISC to Offer IP Defense Insurance for Digital Agencies, Production Cos.
- U.S., UK Want Financial Services Included as Part of Trade Pact
- Ratings Recap: GIG-Egypt, Univé Her, Infrassure
- S&P Report Looks At ERM Scores of North American, Bermudian Insurers
- S&P: Bermuda Outlook Revision ‘No Impact’ on Bermuda Reinsurer Ratings
- Best Affirms Ratings French State Reinsurer Caisse Centrale de Réassurance
- Wadley to Head New Endurance Pro Insurance Unit
- UK Insurer Aviva to Cut 2,000 Jobs Worldwide
- Aon Benfield ILS Report Notes Cat Bond Investor Returns Double
- Tobben to Head Aspen Re’s Newly Formed Capital Markets Division
- Best Reports: Reinsurance Capacity Keeps Growing, Despite Low Yield, Competition
- Sources Say China Revamps Anti-Money Laundering Rules for Banks Insurers
- IEA Concludes Clean Energy Progress ‘Too Slow’ to Limit Global Warming
- Willis Re Claims Exec on Mutual Insurers’ Cat Loss Exposures
- Catalina Completes Acquisition of KX Re from Tawa plc
- Powerful M7.8 Earthquake Strikes Iran-Pakistan Border: AIR Analysis
- Willis Extends Call Option on Acquisition of All Gras Savoye Shares
- Cooper Gay Swett & Crawford Complete $500 Million Financing Deal
- Chubb Europe Makes Management Changes; Marcello for Financial Lines
- Ratings Recap: Lloyd’s Syndicate 958, Custodian and Allied
- CCRIF in Pact with Jamaica Government for $100,000 Sandy Disaster Relief
- Willis Energy Report: ‘Hardening’ of ‘Downstream’ Market; ‘Upstream Positive’
- Climate Scientists Struggle to Explain Warming Slowdown
- ‘Sandy’ Officially Retired from List of Atlantic Storm Names
- Banco do Brasil Insurance Unit IPO Suspended for 30 Days
- Investigators Probe Lion Air Crash in Bali
- UN Report Finds World Climate Change Goal at Risk as Emissions Surge
- Best Affirms Samsung Fire & Marine Insurance Company of Europe Ratings
- Ascot Appoints Taylor to Board of Directors
- Willis Re Finds Reinsurance Market Changes Favoring Mutual Insurers
- Seacurus Launches Marine Insurance Coverage for Unpaid Crew Wages
- Japan, U.S. Agree on Tokyo Joining Trans-Pacific Trade Talks
- Ratings Recap: PVI Re, L’Union Canadienne, UK War Risks Club
- UK’s FCA Signals Financial Reg Changes to Place Burden on Sellers
- PCI Urges Progress on U.S.-EU Trade Pact for Trans-Atlantic Insurance Market
- O’Neil Joins Miller Insurance for Facultative Growth in Asia
- Munich Re Supports Quake Prevention Project in India
- Allied World Appoints Doran Sr. VP Investor Relations and Treasurer
- Japan Carmakers Recall 3.4 Million Vehicles for Takata Airbag Flaw
- Ratings Recap: Milli Re, NAGICO/NICL
- WTO Cuts 2013 Trade Forecast; Sees Protectionist Threat
- U.S. Chamber Joins Partners to Support Transatlantic Trade Agreement
- Joint Bonds Needed to Save the Euro Says George Soros
- Baltazar to Head New BrokersLink Global Employee Benefits Group
- Dryad Maritime Welcomes Japan Plan to Allow Armed Guards on Ships
- Best Affirms Ratings of Endurance Specialty and Subs; Outlook Stable
- U.S. Aims to Reshape World Trade Rules with Regional Pacts Says VP Biden
- M6.3 Quake Strikes Iran Coast; Minimal Insured Losses Expected: AIR Analysis
- U.S. Business Groups Concerned by Cyber Security Law Aimed at China
- UK’s FCA Wastes No Time in Setting Priorities; 15% Budget Increase
- Pension Funds Looking for Higher Yields from Cat Bonds
- Qatar Financial Centre Authority Sells Qatarlyst to Ebix Inc.
- ABI Warns Travel Sickness Could Cost Uninsured Brits over $1,300
- Ex-Brazil Central Bank Governor Meirelles Joins Council of Lloyd’s
- Willis Intelligence Head Urges Crisis Plan Review on No. Korea Threats
- Global Reinsurer Capital Rises to $505 Billion: Aon Benfield Study
- Ironshore International to Enter Japanese Market through its Lloyd’s Syndicate
- Cooper Gay Swett & Crawford Acquires 100% of its Brokerage in Chile
- Analysis: Deadly New Bird Flu Virus Vindicates Controversial Research
- Aon, Manchester United Extend Sponsorship Pact for 8 Years
- Xchanging Begins Launch of Free-to-all Wi-Fi in City of London
- German Minister Says Tax Haven Report Will ‘Increase Pressure’
- Sources Say UBS Was Mystery Lender for Thai Group’s Ping An Deal
- Aon Benfield Cat Report: Severe Winter Causes $1.8bn Econ. Loss in Europe
- NOAA’s CPC Sees El Niño Problems ‘Unlikely’ in No. Hemisphere for Summer
- Analysts Say Asia-Pacific Trade Talks Could Stretch Well into 2014
- Heavy Rains Flood Argentina’s Capital; 5 Dead
- Lloyd’s List Joins Containerisation International for Shipping Intelligence
- Scientists in Race to Gauge Pandemic Risk of New Bird Flu
- India Plans Reinsurance Pool to Cover Refiners Handling Iran Oil
- AIR Worldwide Announces New Public Risk Services Group
- Ascent ‘Ring-Fences’ Cyber Notification Costs to Protect Policy Limits
- Willis Re Sees Increased Capital Inflows as Threat to Reinsurers
- Torus Receives Approval for Lloyd’s Managing Agency
- PERILS Updates European Cat Exposure Database for 2013; 1.9% Rise in Values
- Death Toll in Tanzania Building Collapse Rises to 30
- Hiscox Bermuda Appoints Lazzaro to U.S. Property Cat Team
- Willis Acquires UK Indemnity Specialist Broker Prime Professions
- ACE Completes Acquisition of Mexican Surety Lines Company Fianzas Monterrey
- Investors Wary of ‘Slow Panic’ on Growth after Cyprus Rescue
- UK’s New Regulators Take Over; FCA Now Responsible for Insurance Sector
- Allianz Teams with Borealis Infrastructure to Buy Czech Gas Pipeline Operator
International & Reinsurance News Archives
