International & Reinsurance News for July 2013
- Catlin Launches Next Seaview Survey for Caribbean, Bermuda Coral Reefs
- Ratings Roundup: Tower Group (NZ), Grupo Mexicano
- Best Places S.A.C. Re Ratings under Review/Negative
- Allied World Launches Multinational Product Initiative
- World Fuel Doubts Quebec Rail Crash Cleanup Payment Order is Legal
- Toronto Dominion Bank Warns of Insurance Losses from Weather Claims
- AXIS Capital Posts $72 Million Q2 Net Income; $50 Million Operating
- Willis Group Hosts Investor Conference
- PartnerRe Posts $175.6 Million Q2 Net Loss; Operating Earnings $51.5 Million
- Quebec Gov’t. Orders MMA Railway, World Fuel to Pay for Train Crash Cleanup
- XL Posts $272.7 Million Q2 Net Income; $221.6 Million Operating
- Italy Crash Kills at Least 38 as Bus Plunges Into Ravine
- Allied World Bermuda Launches Liability Coverage for ACOs
- Allianz, QBE Have Largest Exposures to Spain Train Crash
- Aon UK Hosts Operational Risk Modeling Discussion with Bank of England
- Hiscox First-Half Profit Jumps 44%; Net Income $278 Million
- Tokio Marine Targets Asean for Expansion Abroad: Southeast Asia
- Aon Reports 3% Q2 Revenue Growth; $241 Million Net Income
- Allied World Reports $1.9 Million Q2 Net Loss; Operating Income Increases
- Buffett’s Berkshire Reinsures Irish State Health Claims as Population Ages
- XL and Stone Point Form New Bermuda Company for ILS Market Products
- Best Affirms Everest Re Group and Affiliates Ratings; Outlook Stable
- Best Affirms Catlin Group and Subs Ratings; Outlook Stable
- UPDATE: Driver under Investigation after Spain Train Crash Kills 80
- Ratings Roundup: Continental Re (Nigeria), SCR (Morocco)
- Insurance Bill for Renewable Energy Seen Tripling to $2.8 Billion
- PERILS Issues Maximum Flood Footprint Map for Central Europe
- 1st Half 2013 Natural Disasters Cost $85 Billion – Aon Benfield
- At Least 77 Killed, 131 Injured, after Train Derails in Spain
- DriveFactor, Admiral Group to Offer Usage-Based Insurance Throughout UK
- Study Concludes Arctic Methane Release Could Cost Economy Trillions
- ACE Reports $891 Million Q2 Net Income; $1.844 Billion 1st Six Months
- Canada Insurer Industrial Alliance Targets C$500 Million Deal for Asset Manager
- Q2 New Non-Life Cat Bond Issues Total $2.1 Billion: Willis Capital Markets
- S&P: G-SII Designation Could Affect Ratings in the Longer Term
- U.S.-Led Trade Talks Gain Heft, Complexity, as Japan Joins
- ACE Study: Reputation the Hardest Risk to Manage
- UN Warns of ‘Vulnerabilities’ in Mobile Phone SIM Cards as Cyber Security Risk
- Cooper Gay Help Launch New Lloyd’s Coverholder Business in The Bahamas
- West Africa Pirates Seen Threatening Oil and Shipping for Years
- Canada’s Intact Financial Sees $454 Mn Flood Losses; $24.2 Mn Train Crash
- AIR Reports on Offshore Earthquake Near Wellington, New Zealand
- AIR Worldwide Analyzes Landslides, Building Damage from China Quake
- Earthquake in China’s Gansu Province Kills 56, Injures 392, Xinhua Says
- Canadian Investigators Want Rule Changes after Deadly Rail Crash
- Probe of Boeing’s 787 Focuses on Condensation, Emergency Beacon
- Best Revises Lloyd’s, China Sub, Society, Syndicates Ratings to Positive
- Europe Insurer Trade Group Criticizes Listing Companies as G-SII’s
- Hill to Lead ACE Group’s International Property Business
- ACE Names Sullivan Chairman-Asia Pacific; Ortega, McNamee in New Posts
- Ratings Roundup: ACE Seguros, SOVAG, Polish Re, CCR (Algeria)
- Moore Joins Willis Re Specialty
- Geneva Association Reacts to G20 Insurers’ Capital Mandate
- G20 to Require Largest Insurers to Hold More Capital from 2019
- India Grants 3 Month Extension to Iranian Underwriters for Non-Oil Shipments
- FERMA Urges EC to Respect ‘Freedom of Choice’ for Cat Coverage
- SCOR Estimates Net Pre-tax Losses from Alberta Floods at $52 Million
- UK’s FCA Fines Swinton Group $11.215 Million for ‘Add-On’ Mis-selling
- U.S., China Agree to Restart Investment Treaty Talks
- AXA UK Report Targets ‘Whiplash’ Injuries; Urges Reform
- Ratings Roundup: Al Fajer, Tunis Re, Eastern Re
- Report Says Seas May Rise over 7+ feet Per Degree Celsius of Global Warming
- Survivors of Quebec Train Crash to File Class Action Lawsuit
- Battery in Honeywell Locator May Have Caused 787 Fire: Source
- Railroad at Center of Quebec Town Tragedy and Heart of its Recovery
- Pirate Kidnappings Surge in Waters off Nigeria as Attacks Spread
- French Train Crash Caused by Technical Fault on Track, SNCF Says
- Willis Sees Continued ‘Downward’ Trend for Airline Premiums
- Best Places Torus Insurance and Subs Ratings under Review/Negative
- Heavy Rains Cause Major Floods, Mudslides in China: AIR Worldwide
- Swiss Re in Talks with Phoenix on Admin Re Merger
- New China Life Falls as Zurich Insurance Sells Shares
- Taiwan Braces for Direct Hit as Typhoon Soulik Approaches
- Lloyd’s Insurer Advent Names Fitzgerald as CEO
- Dwane Named President, CEO of AIG’s Latin American P/C Business
- Best Europe Affirms ‘A+’ Ratings of Allianz SE and Subsidiaries
- Europe’s Floods Top Aon Benfield’s List of June’s Catastrophes
- ‘Commercial Ties,’ ‘Economic Growth’ Top EU/U.S. Trade Talk Agenda
- Deadly Quebec Train Crash Creates Fertile Ground for Lawsuits
- Taiwan Sounds Sea Warning as Severe Typhoon Soulik Approaches
- XL Estimates Q2 Losses at $135 Million
- Guy Carpenter Facilitates Launch of Multi-Peril Crop Insurance in Australia
- As Political Risks Proliferate, Insurers Increase Coverage Options
- TS Chantal Weakening; Some Watches and Warnings Cancelled
- Oil Tank Cars Like Those in Quebec Rail Tragedy Long Seen as Flawed
- Flash Flood Triggers Blackouts, Transport Chaos in Toronto: AIR Analysis
- Lloyd’s Says High Taxes, Regulation Burden European Firms
- Tower Group International Enters Marine and Energy Market
- Run-Off Specialist Enstar Buying Torus Insurance to Expand Into Direct Sales
- O’Donohoe Succeeds Tobin as Torus Group CEO
- Latest NHC Analysis of TS Chantal; Storm Warnings, Watches in Effect
- UK’s ABI Highlights 7 Challenges Facing the Insurance Industry
- U.S. EU Launch Free Trade Talks Despite Spying Concerns
- How a Runaway Train Devastated Canadian Town; 13 Dead, 37 Missing
- Flood Losses Dominate Disaster Count in 1st Half of 2013: Munich Re
- Retailers Plan Bangladesh Factory Inspections under Safety Pact
- Swiss Re Estimates Europe Flood Claims at $300 Mn; Overall Losses $3.5-$4.5 Bn
- Aon Benfield Impact Forecasting Launches Alberta Flood Model ‘Footprint’
- Chinese Insurer Buying Lloyd’s of London Building
- Swiss Insurers May Be Next in U.S. Crackdown on Tax Evasion
- Lloyd’s CEO Ward Stepping Down at Year End
- Five Dead, 40 Missing After Crude Oil Freight Train Explosion in Canada
- In Past Decade, World Experienced Unprecedented Climate Extremes: WMO
- Markel International Names Tun Senior Claims Adjuster
- China-Style Eldercare: Kids Can Be Sued For Not Visiting Parents
- Ironshore Names Horton VP at Iron-Starr Excess Agency in Bermuda
- ‘Unusually Active’ El Nino Possibly Linked to Climate Change: Researchers
- Markel Promotes Richardson to European Retail Claims Manager
- New El Nino Warnings Could Help Farmers Withstand Drought, Floods
- Security Analysts Warn About Terrorism Risk After Fukushima Meltdown
- Australian Insurance Broker Network Plans Nation’s Biggest IPO Since 2010
- China Expands System to Track Food Shipments
International & Reinsurance News Archives
