International & Reinsurance News for February 2014
- New Estimates Say UK Floods Could Cost Insurers up to $2.5 Billion
- Ratings Roundup: China Taiping (UK), Quálitas
- Zurich CEO Senn Says Time to Go on Offense to Attract Investors
- Aviva Names Blackstone’s Tom Stoddard CFO after Regan Departs
- Iceland Seen Threatened by Capital Flight from Its Own Citizens
- RSA’s CEO Hester Taps Buffett for Reinsurance; Confirms Share Sale
- MacDonald to Head Miller’s New Combined P&C Team
- Ward Named to Head New ACE Eurasia & Africa Business Region
- UK Continues to Face Flood Risk Despite Falling River Levels: AIR Analysis
- RSA to Raise $1.3 Billion in Share Sale, Cuts Final Dividend
- Allianz Q4 Profit Misses Estimates; Shares Drop
- ACE Appoints Hofman-Bang as Denmark Casualty Manager
- UK’s ABI Pushes for Autonomous Emergency Braking System to Reduce Accidents
- Investors, Including Allianz, Mount Attack on Norway in $20 Billion Oil & Gas Row
- Gjensidige Sells $546 Million Stake in Norway Insurer Storebrand
- Direct Line Says Cost of U.K. Floods Could Reach $183.6 Million
- Falling Reinsurance Rates Presage Sector Shake-out
- Best Affirms Validus Re Swiss, Bermuda & Holdings Ratings; Outlook Stable
- Olympics: What Do You Do with a Mountain Resort with Games Gone?
- MGAA Elects 3 New Members to Board; Brown Awarded Honorary Life Membership
- Guy Carpenter Launches Satellite-Based Catastrophe Evaluation Service
- QBE Jumps on Premiums, North American Unit Outlook: Sydney Mover
- AXA Looking for Cheap Deals in Emerging Market Push
- RSA Mulls Rights Offer among Measures to Bolster Balance Sheet
- Aviva, RSA, Direct Line Face Heaviest Losses from UK Floods
- UK’s Shipowners’ Club Launches New Super Yacht Owners Crew Coverage
- Advice on Ukraine Situation from Willis’ Special Contingency Risks
- Ratings Roundup: AIG Asia-Pacific, Fuji Fire/AIU
- Best Affirms AIG Europe’s Ratings; Outlook Stable
- El Nino Threatens to Return; May Hit Global Food Production
- AXA Profit Rises 10% in 2013 on Life, Property and Casualty
- Swiss Re’s CFO Quinn Sees No Rebound in 2014 Reinsurance Rates
- Willis Appoints Larsen to Head New Nordic Region Specialist Unit
- Swiss Re Posts $4.4 Billion Profit for 2013; Plans Special Dividend
- Hardy Underwriting Appoints Brosnan to Replace Merry as Chief Executive
- Dryad Maritime Intelligence Provider Names Askaroff as Chair
- ACE Names Bengtsson, Stensholt to Strengthen Nordic Operations
- Allianz Signs on to UN’s Principles for Sustainable Insurance (PSI)
- Willis’ Casualty Head Comments on Inflow of New Capital for Casualty Re Market
- EU’s Justice Chief Reding Warns UK Exit Would Isolate City of London
- Liberty Mutual Enters Malaysian Market with Uni.Asia Capital Acquisition
- Flooded U.K. Homeowners Face Declining Values: No Mortgages or Insurance
- Canadian Pacific Follows CN; Will Impose Surcharge on Older Oil Tank Cars
- AIA Testifies on Challenges to U.S. Insurers in India
- Willis Appoints Benolken Global Leader – Technology, Media, Telecommunications
- AIG Lured to Malaysia by Growing Takaful Market: Islamic Finance
- England Floods, U.S. Freezes so Blame Indonesia: Bloomberg’s Marc Champion
- Pine River Said to Seek Up To $750 Million for Reinsurer
- Ratings Roundup: Best Meridian, Seguros Catalana Occidente
- UK’s BMS Names Darling New Group Corporate Governance Director
- Qatar Insurance Company Enters Lloyd’s Market with Antares Acquisition
- Global 2013 Cat Losses at $40 Billion Were ‘Below Average’ – Guy Carpenter
- Canadian National Railway Raises Rates for Using Older Oil Tank Cars
- OECD Says Tax Evasion Plan Needs to Include Brokers’, Insurers’ Accounts
- Zurich Insurance $1.07 Bn Q4 Profit Misses Estimates after Restructuring
- Argo Group Reports Q4 Net Income of $47.8 Million, FY $143.2 Million
- China Insurance Official asked JPMorgan’s Dimon for Job ‘Favor’ – NYT
- UK Battered by Relentless Winter Storms, Floods: AIR Analysis
- Thorpe to Lead ANV Syndicates 1861, 5820 and 779 Unified Claims Team
- MAPFRE Earnings up 18.7% to $1.078 Billion; Revenues at $35.32 Billion
- MGAA Members Back Lloyd’s Delegated Authority Plans
- Australia Sees Increased Risks from El Nino Weather Pattern
- Europe Warns Swiss of Consequences after Immigration Vote
- U.K. Towns Face More Floods as Insurer Losses Estimated at $1.6 Billion
- Cooper Gay Re Names Freitas to Strengthen Lat. Am. Life, A&H Division
- Global Shipping Industry Sees an End to Five-Year Downturn
- Catlin Group Increases Net Income to $392 Million in 2013
- Worldwide Broker Network Celebrates 25th Anniversary
- Severe Weather Cuts Rail Links to Southwest England
- Ratings Recap: Third Point Re, Sava Re, NEWGT
- Hannover Re Confirms 2014 Profit Forecast despite Decreased Revenues
- Best Establishes Latin American Subsidiary Based in Mexico City
- Montpelier Reports $73.4 Million Q4 Net Income; FY $191.2 Million
- XL Group Names Eaton and Cole to Senior Marine Team Positions
- SCOR’s GWP up 8% in 2013; 5% for January 1 Renewals
- ACE Appoints Lee Head of Client Management, UK & Ireland
- EU Parliament Calls for Three Binding Climate Targets for 2030
- Allied World Reports $137.9 Million Q4 Net Income; $417.9 for FY 2013
- XL Group Posts $300.8 Million Q4 Net Income; $1.1 Billion Full Year
- A.M. Best Europe Obtains ECAI Status under New EU Regulations
- Willis Blog Writer Holt Warns of ‘Black Widows’ Threat at Sochi Games
- Armstrong appointed Head of Affinity A&H for ANV Syndicate 5820
- Western U.K. Homes Remain Powerless after Storms Batter Coast
- European Banks have $3.4 Trillion of Exposures to Emerging Markets
- ANV Makes Structural Changes, Additions to Lloyd’s Syndicate 1861 Team
- RSA Hires Ex-RBS Boss Hester as CEO after Irish Losses
- Xchanging Launches ‘Binder 360 Services’ for Bordereaux Conversions
- AXIS Capital Posts $172 Million Q4 Net Income; $284 Million Full Year
- Ironshore’s Australian Sub to Buy Specialist Insurer Assetinsure
- Doha’s Q-Re Reports Strong Growth in January Renewals
- Munich Re Raises Dividend as Profit Beats Estimates
- Corruption Costs European Economy $162 Billion a Year
- Pak to Head Starr Companies Newly Approved Canada Branch
- Lloyd’s Launches ‘Volume Claims Service’
- PERILS Estimates Windstorm Dirk Insured Losses at $371 Million
- Willis Mining Risk Review Warns Industry Not to Cut Risk Management
- Ironshore Appoints London-Based Horton as Director U.S. Liability Risks
- Lloyds Bank Shares Fall as More PPI Mis-Selling Payments Announced
- Swiss Re Revives Ultra-Long Bond for Canada as Budget Looms
International & Reinsurance News Archives
