International & Reinsurance News for October 2013
- Aon Benfield’s Impact Forecasting Launches Riot Modeling Tool for Indonesia
 - XL Group Posts $135.6 Million Q3 Net Income
 - Hyperion Insurance Head David Howden on U.S. Expansion by MGA DUAL
 - Zurich Insurance Says ‘Confident’ on Profitability Measure
 - Swiss Re Sees Emerging Market Construction Boosting Premiums
 - ACE Bermuda Launches New CODA Premier D&O Policy
 - UPDATE: AIR Worldwide Reports on European Windstorm Christian
 - Best Revises XL’s Issuer P&C Credit Rating Outlook to Positive; Affirms Ratings
 - Munich Re Stresses Need for Nat Cat Coverage in Emerging Markets
 - Europe Battered by Winter Storm Christian: AIR Worldwide Analysis
 - PartnerRe Posts $333.4 Million Q3 Net Income; $392.2 Million 1st 9 Months
 - Montpelier Re Reports $53 Million Q3 Net Income; $117.8 Million for 9 Months
 - India’s Iran Oil Imports Drop as Refiners Await Insurance Fund
 - Arch Capital Posts $109.3 Million Q3 Net Income; $531.78 Million 1st 9 Months
 - Storm Kills Five in UK, Netherlands; Causes Power Cuts, Travel Chaos
 - Hyperion Group Subsidiary DUAL to Acquire PGI Commercial
 - Aon Benfield’s Impact Forecasting Models Sandy Storm Surge
 - UK’s Castel Underwriting Launches New ‘Club Style’ MGA Formation
 - P&I Club Steamship Mutual Plans Rate Hikes
 - U.K. Braces for Hurricane-Force Winds in Worst Storm Since 1990
 - TT Club Sees Latin American Trade Growth Creating Infrastructure Challenges
 - Pirates Kidnap Two U.S. Sailors off Nigerian Coast: Sources
 - Atlantic Hurricane Season Quietest in 45 Years, Experts Say
 - AIG Hires XL Group’s Maag as CEO of Europe, Middle East
 - Munich Re Says China to Remain Centerpiece of Asia Expansion
 - Willis Launches Global 360 to Specialty Clients
 - ACE Posts Record Q3 Operating Income of $857 Million; $916 Million Net
 - Allied World Reports $122.8 Million Q3 Net Income; $101.8 Million Operating
 - Geneva Association Calls on Governments to Act on Disaster Risks
 - United States Urges More Flexibility in new Global Climate Deal
 - AIR Reports on New South Wales Bushfires; State of Emergency
 - Hannover Re Sees Higher Rates in Germany on Floods, Hailstorms
 - Willis to Allocate Share of London Business to Pre-Selected Insurers
 - ACE Appoints Weirsema to Strengthen Multinational Services in Europe
 - Integro Acquires UK-Based Broker Doodson
 - Global Climate Spending Falling Further Behind Target: Report
 - Thai Floods Force Closure of 17 Factories in Industrial Zone
 - Europe a Reinsurance Buyer’s Market Says Willis Re; Rates Down 5-10%
 - Ratings Recap: QBE Optima, Aviva (Canada), Syndicate 609, Adamjee
 - Say Cheese: EU Strikes Trade Deal with Canada; Looks to U.S.
 - Reinsurers Get Down to Business in Baden-Baden; Willis Re Chairman Comments
 - Europe 9 Month Nat Cat Losses $23 Billion+; Trending Upwards: Munich Re
 - Wildfire Emergency Declared in Australia State as Homes Lost
 - Members of Aon Benfield’s Analytics Team Explain Cat Models
 - Pirate Attacks by Heavily Armed Gangs Surge off Nigerian Coast
 - Bushfires Destroy Properties in Sydney Region; One Reported Death
 - CGSC CEO Sees Capital Availability Moderating Traditional Insurance Cycle
 - Best Europe Affirms AVIVA and Subs Ratings
 - BrokersLink Changes Status to ‘For Profit’ to Enhance Growth
 - Aon Benfield 1st Half 2013 Lloyd’s Report: Premiums up; Profits Down
 - MAPFRE Enters Indonesian Market with 20% Stake in ABDA
 - Allianz CEO Says New Regulation to Create Room for Acquisitions
 - Icebergs, Insurance Hamper Top of the World Shipping Route
 - Swiss Re in Pact with Pacific Century for Asia Life Investment
 - AIR Worldwide Analyzes ‘Significant Damage’ from Cyclone Phailin
 - Best’s Report on Latin America Insurance Market Highlights Growth
 - Gooda Joins Lockton in UK to Strengthen Mining Expertise
 - At least 8 Killed as Typhoon Wipha Sideswipes Tokyo; Moves on
 - AXA Sells $474 Million in Cat Bonds against Europe Storm Damage
 - Philippines Freezes Prices in Quake Zone as Death Toll Hits 107
 - Typhoon WiphaThreatens Japan; Precautions at Fukushima Nuclear Plant
 - Swiss Re Report on France Highlights Economic Concerns
 - Australia Weather Bureau Forecasts up to 11 Cyclones in Storm Season
 - Mass Evacuation Saves Lives as Cyclone Phailin Strikes India
 - IAIS Plan for Re/Insurers’ Systemic Risks ‘Debatable’ Says UK Expert
 - AIR Worldwide Analyzes Typhoon Nari as it Crosses the Philippines
 - Best Report: European Insurers See Improvements; Challenges Remain
 - EQECAT President Paul Little on Cat Models – from the General to the Specific
 - China to Allow Foreign Investors to Use Yuan in Financial Sectors
 - Tens of Thousands Flee Vast Cyclone Phailin Bearing Down on India
 - Best Europe Affirms SCOR and Main Subs Ratings; Outlook Stable
 - Best Affirms China Re and Subs Ratings; Outlook Stable
 - MGAA Appoints Staddon as First Managing Director
 - Regulators Map Out First Capital Blueprint for Large Insurers
 - Study Concludes Shift to a New Climate Likely by Mid-Century
 - Allied World Europe Appoints Graham VP – Mergers and Acquisitions
 - Ratings Recap: Sirius, Sunderland Marine, Flagstone Re, Atradius, AmerInst
 - Weakened Typhoon Danas in Korea Strait, Sea of Japan: AIR Worldwide
 - September Economic Loss from Nat Cats $15 Billion: Aon Benfield Report
 - Catalina Completes Acquisition of American Safety Re
 - Syria’s Shipping Trade Struggles as War Risks Bite
 - Swiss Re’s Head of Casualty Jayne Plunkett Explains Why It’s a ‘Social Science’
 - Montpelier Re Sub Blue Capital Re Files for IPO
 - Iranian Trade with India Hit by Insurance Delay Sources Say
 - Aon’s P&I Club Review Highlights Market’s Combined Ratio Deterioration
 - AXA ART Joins Brazil’s SulAmérica to Offer Art Insurance
 - Yu Joins Cooper Gay Asia to Develop Treaty Business in Hong Kong & China
 - Munich Re Names Kaufmann Chief Risk Officer
 - Moody’s: China’s P/C Insurers to Benefit from Shanghai Free Trade Zone
 - Ironshore Increases Global Terrorism Coverage Capacity
 - China Evacuates 400,000 People Ahead of Typhoon
 - Taiwan Insurers Have $10 Billion to Invest in Foreign Property
 - ACE Names Givelet to Lead European Environmental Risk Engineering Group
 - EU-U.S. Trade Talks Halted by Shutdown, Complicated by Financial Services Rift
 - Lloyd’s CEO Richard Ward Reflects on ‘Nearly 8’ Eventful Years
 - Insurers Respond to Risk Managers at FERMA Forum – Part 2
 - Fairfax Completes Acquisition of American Safety
 - FERMA Offers Trialogue between Risk Managers, Carriers and Brokers – Part 1
 - Allied World Asia-Pacific Launches Primary Professional Indemnity Coverage
 - Former FERMA President Luzzi Joins Broker MDS for Herco Global
 - U.K. Regulator Scrutinizes Impact of Capital Influx on Insurers
 - Julia Graham is New FERMA President
 - Allied World Europe Acquires Markel Int’l.’s Aviation Renewal Rights
 - Willis Sponsors Antarctic Research to Gauge Climate Change Impact
 - Aspen Re Appoints Lewis to Head London Casualty Unit
 - Allianz Global Specialty Targets Nordic Region with Branch in Stockholm
 
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