International & Reinsurance News for December 2014
- Crowded Skies in Southeast Asia Put Stress on Pilots, Air Traffic Controllers
- Adverse Weather Hinders Efforts to Recover AirAsia Flight Data Recorders
- Most Popular Insurance Journal International Stories of 2014
- Indonesia, Malaysia, Thailand, Sri Lanka Hit by Heavy Rains, Floods: AIR
- Hundreds Saved From Italian Ferry; 8 Fatalities and Some Feared Missing
- Update: Debris From AirAsia Plane Found in Ocean; First Bodies Retrieved
- TransAsia Pilots Couldn’t Find Runway Before Fatal Crash: Accident Report
- After 4 Air Crashes, 2014 Is One of Worst Years for Asian Aviation Industry
- Malaysian Floods Force Evacuation of 200,000 People; at Least 10 Dead
- Search Widens for AirAsia Plane, No Emergency Signal Detected
- Italian Ferry Fire Under Control, Rescue Effort Continues
- Allianz Lead Reinsurer for Missing AirAsia Plane; JLT Broker
- Armour Group Completes OneBeacon Run-off Acquisition
- India’s Prime Minister Plans Executive Order to Allow More Foreign Investment
- Arocha to Lead Cooper Gay’s Business Production in Venezuela
- PERILS Posts Final $513.5 Million Loss Estimate on 2013 Windstorm Dirk
- Catlin Insurance to Sell Stake in Box Innovation Group Ltd. to Aioi
- Delta Lloyd Ordered to Dismiss CFO, Fined by Dutch Regulator
- Top Firms’ Greenhouse Gas Emissions Rise, Despite Call for Cuts
- Attempt in India to Raise Foreign Ownership Cap for Insurance Hits Logjam
- No Change in XL Offer Says Catlin
- 10 Years After Disaster, Tsunami Warning System ‘Weaknesses Remain’
- A.M. Best: Rated Middle Eastern Insurers Well-Capitalized; Reliant on Reinsurance
- A.M. Best: Ratings Stable for Western European (Re)Insurers
- Aspen Re Renews Special Purpose Insurer Silverton for 2015
- Risk Modelers Aim to Gauge Risks of ‘Cyber Hurricane’
- LeapFrog, Lombard to Acquire Stakes in Thai Insurer SMK from RSA
- Anbang Expands Reach With Diverse Investments in China, Europe & US
- China Forms 1st Insurance Fund to Cap Financial Risk in Shadow Banking
- UK Government, Insurers Reach Agreement to Establish Flood Re
- Fired Obese Employees Can Sue for Discrimination: EU Court of Justice
- Allied World Syndicate to Offer Insurance, Facultative Cover in Latin America
- Integro Acquires UK’s Howard Global Insurance Services
- Catlin Says XL Group Made $3.9 Billion Takeover Bid; Talks Are Ongoing
- A.M. Best Report: ‘Grey Swan’ Risks Can Affect Balance Sheets, Ratings
- Cooper Gay Uruguay Launched; Ferrari Appointed Managing Director
- Swiss Re sigma 2014 Disaster Insured Loss Estimates = $34 Billion
- XL Group Offers Artworks Coverage in UK for Art Exhibitions
- Mallie Joins Spencer Re as Chief Executive Officer
- China Journal Says Planned Insurance Trust Fund to Start with $6.5 Billion
- Zurich Insurance to Offer Direct Lending in Europe to Boost Returns
- Drone Risks Require More Safety Regulation, IATA Chief Says
- FACTBOX: What Was Agreed and What Wasn’t Agreed at Lima Climate Talks
- FERMA Announces Leadership Appointments
- Willis Sees No Impact on Coverage from UK’s Pool Re Rate Increases
- A.M. Best: Global Re Stocks Underperform as Catastrophe Prices Drop
- Peru’s Melting Glaciers Pose Deadly Threat as Temperatures Rise
- Aon Report Identifies Key Risks for Financial Institutions in EMEA
- AccuWeather.com: Hagupit-Battered Philippines Faces New Tropical Downpours
- XL Group Bolsters Marine Insurance Capabilities in Brazil With 2 Appointments
- Malaysia Airlines Flight 370 Search Area Spreads on Analysis of Final Nosedive
- XL Group Launches Crime Insurance Unit; Bangs Named Chief Underwriting Offer
- Companies May Need to Disclose Fossil-Fuel Exposure: UK Energy Secretary
- Lloyd’s Appoints Parry as New Director of Finance
- Willis Completes Acquisition of IFG Ireland for Human Capital & Benefits
- Honda, Nissan Widen Air-Bag Recalls Following Rupture in Japan Scrapyard
- U.K.’s Inland Flood-Risk Plan for Thames River Moves Forward
- Travelers to Buy Majority Stake in Colombian Insurance Startup
- Hackers Increasingly Target Banks, Corporations Instead of Consumers
- India Uber Driver’s Rape Charge Raises Doubts About Oversight
- Casualty Catastrophes Threaten (Re)Insurers’ Balance Sheets: Guy Carpenter
- Lloyd’s Underwriter Pioneer Special Risk Expands to New York
- Japan Weather Bureau Declares First El Nino in Five Years
- Allianz Business Services Limited Joins Willis Commercial Network
- Brokerslink Appoints Gooch to Drive Business Development
- ACE Announces 2 Accident and Health Appointments in the Nordics
- India Moves Closer to Raising Foreign Direct Investment Cap for Insurance
- Companies Should Assume Cyber Attackers Are Already Inside: McAfee
- Integro Acquires Canadian Broker Finning Insurance Services
- Latimer Appointed Environmental Risk Underwriter at ACE
- A.M. Best Comments on Results of EIOPA’s Insurance Stress Test
- Cyber Attacks, Drones Pose Threat to Plane Safety: Allianz
- Climate Researchers Lower Global Warming Forecast on Plans to Cut Emissions
- Axis Authorizes $750 Million Share Buyback
- Update: Tropical Storm Hagupit Hits Central Philippines; 21 People Killed
- FACTBOX-Recent Insurance Deals in Sub-Saharan Africa
- Pirates Kill Vietnamese Crew Member; Regional Hijackings Increasing
- African Insurers’ Growth Interests Europe, So. Africa, as Incomes Rise
- Berkshire Hathaway Specialty Insurance Enters Singapore, Names Key Leaders
- Aspen Promotes Kirk to Group Chief Financial Officer
- UPDATE: Super Typhoon Hagupit Threatens Philippines, Haiyan Hit Areas
- Winter Storm ‘Bomb’ Watch Begins From New York to Europe
- Ping An Insurance Said to Make Offer for Frankfurt’s The Squaire
- Loeb’s Third Point Re Pushes into U.S. With Hires after Stock Fall
- RSA Selected as Insurance Partner for UK Gov’t. Driverless Cars Project
- Philippines on Alert as Typhoon Hagupit Strengthens
- Maritime Security Guards Adapt to Decline in Somali Pirate Attacks
- Air Bag Update: Toyota to Recall 190,000 More Vehicles, Mostly in Japan
- Hub International Acquires Canada-Based MGA Partners
- UN’s Weather Agency Warns 2014 May Be Warmest on Record
- Iran Hackers Targeted Airlines, Energy Firms Across Globe: Cylance Report
- Climate Change Report: Philippines Hardest Hit by Extreme Weather in 2013
- Willis Re Unveils New Japan Tsunami Model
- A.M. Best Report: Last Resort Insurers Welcome Catastrophe Bond Market
- A.M. Best: Asia-Pacific M&As Driven by Top-Line Growth Prospects
- XL Group Appoints Pitt to Head New Global Data, Analytics, Pricing Unit
- Global Car Insurers Offer Discounts – If They Can Monitor Driving Data
- ABI Welcomes UK Government’s $3.6 Billion Flood Defense Plan
- Alexander Forbes Swings to Profit After Capital Restructuring
- UK-Based MGAA Exceeds 100 Members With Century Underwriting
- Japan Transport Ministry Weighs Additional Air Bag Recalls
- UK’s Aviva Agrees to Acquire Friends Life for $8.8 Billion in Shares
- Towergate’s Secured Creditors Said to Hire Moelis for Debt Talks
- Willis Lauds UN’s Support for ‘1-in-100’ Natural Disaster Risk Initiative
- IPCC Publishes Full Report on Climate Change Mitigation Options
- Spain’s Mapfre Seeking to Make Acquisitions in Europe and U.S.
- CCRIF Makes Payments to Anguilla, St. Kitts & Nevis on Excess Rainfall Policies
- No Ratings Impact from UK’s Counter-Terrorism/Security Bill: A.M. Best
- Lengthy Period of Low Interest Rates May Hurt Some European Insurers
- China’s Ping An to Raise $4.75 Billion in Hong Kong Share Sale
- Arch Reinsurance to Provide Additional Strategic Support for Gulf Re
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