International & Reinsurance News for August 2014
- Aon Benfield Secures Reinsurance Capacity for AEGIS Cyber Offering
- UPDATE: Iceland Lowers Volcano Alert; Small Eruption No Threat to Aviation
- Iceland Puts Airlines on High Alert after Volcanic Eruption
- Beattie to Head Miller’s Expanded Asia Construction Offering
- Undersea Search for Missing Malaysian Airliner Refined
- How Insurance Can (or Can’t) Help You – a True Story
- Willis Re Strengthens Senior Management Team in Canada
- S&P Report Urges ‘Disaster Resilience’ with Governments for Reinsurers’ Growth
- Baloise of Switzerland Profit Jumps on Life Insurance Sales
- Dutch SNS Reaal Expects Wide Interest for Insurance Division Sale
- Munich Re Joins Broker Steadfast to Acquire Australia’s Calliden Insurance Operations
- Global Atlantic Announces Retirement of Ariel Holdings Co-CEO Milligan
- IPCC Sends Draft Synthesis Report to Governments for Comments
- Hurricane Cristobal to Pass North of Bermuda; No Threat to U.S.
- Pacific Hurricane Marie Weakens to Category 1 Storm; No Warnings in Place: NHC
- Swiss Re sigma Report Estimates 1st Half 2014 Insured Losses at $21 Billion
- QBE Wins Time for Cleanup as Plan Reduces Risk: Australia Credit
- German Insurers Weigh Funding to Plug Merkel Infrastructure Gap
- Pacific Hurricane Marie Grows to Category 5 Storm
- El Nino Seen Delayed to End of Year as Australia Stays on Watch
- Iceland Monitors Tremors after Retracting Volcanic Eruption Warning
- TS Cristobal – Season’s 3rd Storm – Triggers Caribbean Warnings; No U.S. Threat
- Swiss Re Corporate Solutions Names Linder Country Manager Germany
- Ratings Recap: Trust Re, Alliance
- Allied World to Acquire RSA’s Hong Kong, Singapore Operations
- After Food Safety Scares, China Retailer Offers Baby Milk Insurance
- Willis Energy Market Review: Still Soft Market; OIL ups Occurence Limits
- Aon Welcomes UK Government’s Launch of ‘Trailblazer’ for Insurance Apprentices
- Allied World Names Bender CEO for Global Reinsurance Operations
- 10 Dead, 22 Missing in Hiroshima Landslide
- IAG Posts US$1.467 Billion 2014 Fiscal Year Operating Profit
- Weakening Operating Fundamentals Tip Reinsurers’ Outlook to Negative: A.M. Best
- Canada Railway Audit ‘Inadequate’ before Lac-Mégantic Disaster: Official Report
- Ping An Profit Rises 19% on Higher Bank Revenue, Premium Income
- Allianz Launches Cyber Crime Coverage for Canadian Companies
- Fosun Said to Pursue Deal for Swiss Re’s Aurora in the U.S.
- Heart of Atlantic Hurricane Season Starts as Storms Seem Dubious
- Iceland Raises Alert Level for Volcano Eruption to Second-Highest
- QBE to Sell $750 Million in Shares, Some Assets as Profit Drops
- Nepal Flood Toll Hits 101, Fears of Disease Rise
- China Investment Firm Fosun Buying Stake In Ironshore
- Berlin Bans Car Service Uber; Insurance Concerns Cited
- Ex-Zurich Insurance CEO, Goldman Lead Director James Schiro Dies
- NAB Sees $410 Million in U.K. Charges in Annual Result
- Amlin First-Half Profit Drops as Catastrophe Losses Widen
- McMellin to Replace Sinfield as CEO of Catlin Group’s London Hub
- Tough Competition Could Pressure Global Reinsurers Ratings: S&P Report
- Liberty International Appoints Montoya Sr. VP, Managing Director – Latin America
- Allied World to Build Out Canadian Energy Market Property Coverage, Hires Two Vets to Lead
- Berkshire Hathaway Hires Two Sr. Execs from AIG Asia – WSJ Report
- CCRIF Says TS Bertha Triggered No Payouts to Members
- ABIR Members Report 99% Insurance Contract Certainty Results
- Talanx Quarterly Profit Falls 19% on Lower Investment Income
- AIG’s 13-Year Wait Gets Longer as Modi Rebuffed: Corporate India
- AXA to Buy $450 Million Stake in U.K. Mall from Land Securities
- EC Consults on Functioning, Future of Insurance Anti-Trust Block Exemption
- Lloyd’s Warns Sea Level Rise, Land Subsidence Imperil Many ‘Megacities’
- As Mid-August Approaches, Where Are All the Atlantic Hurricanes?
- Brit Gains in London as Premiums Rose 4.5% in First Half
- PERILS Issues 3rd Insured Loss Estimate for Windstorm Tini – $375 Million
- AJ Gallagher Acquires Assets of Caribbean Broker Minvielle & Chastanet
- Typhoon Halong Inundates Japan: AIR Analysis
- CNA Appoints Motamed Chairman of CNA Europe Board of Directors
- Fitch Raises Italy Insurance Market Outlook as 1st Half Betters Expectations
- XL Group’s Trade Receivables Insurance Team Grows in US and UK
- CCRIF/Swiss Re Offer Caribbean Governments Insurance against Excess Rainfall
- Weakened Typhoon Halong Lashes Japan; 1 Dead, Dozens Hurt
- Iranian Passenger Plane Crashes Killing 48
- ABI Says Reducing Whiplash Costs Key to Lower Auto Premiums
- Typhoon Halong Nears Japan; Saturday Landfall Expected: AIR Analysis
- Integro’s Entertainment Practice Acquires London Based Stonehouse Conseillers
- European Insurance Industry Figures Find ‘Stability & Growth’ from 2003-2012
- Best Affirms Catlin Group’s Ratings; Outlook Stable
- Allianz Profit Beats Estimates on Lower Claims, Life Unit
- Catlin Group 1st Half Pre-Tax Profits up 118% at $318; Net Uncome$273 Million
- Endurance Adds D&O for Network Security and Privacy
- Aon Acquires Peru-based Graña y Asociados to Bolster Latin American Presence
- Typhoons a Major Cause of Losses in July: Aon Benfield – Impact Forecasting
- Dutch firm Fugro to Lead Australian Subsea Search for Malaysia Airlines Jet
- Swiss Re Sees Consolidation in Reinsurance amid Price Squeeze
- RSA Returns to Profit in First Half, Plans to Restart Dividend
- Munich Re Second-Quarter Profit Rises 45% on Investment Gains
- Zurich Insurance Profit Rises 6% on Fewer Catastrophe Claims
- Death Toll in Southern China Quake Rises to 589
- Allianz Specialty Reports on ‘Billion Dollar Challenge’ from Panama Canal Expansion
- Lockton to Expand Global Energy Team with Three New Execs
- Hannover Re Second-Quarter Profit Rises 10% on Life Reinsurance
- Swiss Re Q2 Profit $802 Million; but Misses Estimates on Drop at Life Unit
- Best’s Report Sees M&A Activity for P/C & Reinsurance Focused on Diversification
- Sweden Prepares to Evacuate Thousands of People as Forest Fire Rages
- Argo Group Reports Q2 Net Income of $38.6 Million; $78.8 Million Half Year
- Shallow M6.1 Earthquake Causes Severe Damage in China: AIR Analysis
- Endurance Reports $75 Million Q2 Net Income; $171.3 Million 1st Six Months
- Baloise Jumps as First-Half Profit Boosted by Life Insurance
- Strong Earthquake Kills at least 34 in Southern China
- Ratings Recap: Guardian, Central Re
- China Car Parts Plant Explosion Kills 69, 187 Injured
- Taiwan Probes Potential Pipeline Leak after Gas Explosions Kill 28 People
- NHC Tracking TS Bertha; No Immediate Threat to U.S.
- Brazil’s BTG Teams up With Abu Dhabi Fund for Ariel Re Takeover
- Fairfax Financial CEO Watsa Probed for Insider Trading – Company Says
- Arch Capital Posts $202.5 Million Q2 Net Income; $160.7 Million Operating
- Allied World Europe Expands Professional Liability Team
- Minova Insurance Launches BMS Capital Advisory
- India Landslide May Leave No Survivors as Death Toll Rises to 61
- Direct Line in Talks to Sell Italy, Germany Units; Shares Surge
- AXA First-Half Profit Rose 22%, Led by Life & Savings Unit
- Allianz Poised to Reappoint Diekmann as CEO, but Considering Successors
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