International & Reinsurance News for February 2015
- Fairfax Financial to Benefit From its Acquisition of Brit plc: Moody’s Report
- China’s Draft Counter-Terrorism Law Alarms Foreign Technology Firms
- Old Mutual’s Full-Year Profit Falls 8% on Currency Fluctuations
- Study Finds Cooler Pacific Slowing Global Warming – Temporarily
- A.M. Best: New UAE Regulations Should Improve Risk Profile of Insurers
- XL Expects Increased Oversight From Global Regulators After Catlin Deal
- 2014 Insured Losses Hit Lowest Level in Five Years: Guy Carpenter
- Hong Kong-Based AIA Group Beats Estimates With 22% Jump in Profit
- Global Atlantic Appoints Cai as Chief Risk Officer
- RSA’s Restores 2014 Profit and Dividend; CFO Plans to Step Down
- Canada’s New Rules Could Charge Railways that Cause Forest Fires
- Allianz Profit Drops as Gross’ Exit Spurs PIMCO Asset Outflows
- Brit Chief Says Excess Capital Will Spark More Mergers & Acquisitions
- 1st Cayman Portfolio Insurance Company Formed by Ascension Insurance
- Willis Signs Indian Market Joint Venture with Almondz Insurance Brokers
- Platinum’s Ratings Remain on CW Positive Pending RenRe Acquisition: S&P
- Emerging Markets Private Health Premiums to Double: Swiss Re Report
- Europe’s Insurers to Boost Dividends for Investors Seeking Higher Yields
- AXA Posts 12% Increase in 2014 Profit Led by Life & Savings Division
- IPCC Selects Acting Chair after R.K. Pachauri Steps Down
- U.K. Regulator Fines Aviva $27 Million for Failing to Manage Conflicts of Interest
- Hagerty to Join RenRe Board as MacGinnitie Steps Down
- Lloyd’s Appoints First General Representative in South Korea
- CN Derailment Shows Inadequacy of New Oil Tank Cars Says Canada’s TSB
- Specialist Yacht Syndicate Launches Enhanced Accident Coverage
- QBE Returns to Profit During 2014 as North American Unit Improves
- MGAA Unveils Plans for First UK MGA Conference
- Arthur J. Gallagher Names Chilton as CEO of UK-Based Brokerage
- AXA to Acquire 7% of Africa Re to Increase Pan-African Exposure
- Swiss Re Corporate Solutions Granted So. Africa License
- Australia Cyclone Causes Power Cuts, but Spares Miners, Farmers
- Canada to Overhaul Rail Safety Rules; More Insurance Will Be Required
- Berkshire Hathaway Specialty Insurance Fills 2 Key Positions in Singapore
- AXA Buys London Pinnacle Site for Redesigned Skyscraper
- Global Reinsurance M&A – A Strategy or an Ultimatum? Best’s Briefing
- Best Sees No Ratings Changes for Fairfax from Brit Acquistion
- Fairfax to Sell Shares for Brit Acquisition to Protect Credit Rating
- Australian Tropical Cyclones Weaken After Destructive Winds Hit Coast
- Greenlight Re Reports Q4 Net Income of $60.7 Million; $109.6 Million for Year
- Navigators Launches Lloyd’s-Based International Casualty Unit
- Report Challenges Eliminating Deductibility of Foreign Reinsurance Premiums
- PERILS Puts Initial Loss Estimate for Windstorm Elon-Felix at $374 Million
- ACE Launches Luxury Goods Practice for Continental Europe
- Guy Carpenter Appoints Eagle as Head of International Analytics
- Swiss Re Plans $1.1 Billion Share Buyback; Q4 Net Income Hit
- RSA Sells 26% Holding in India’s Royal Sundaram Alliance Insurance
- Allianz’s El-Erian Cites ‘Illusion of Liquidity’ as Biggest Market Risk – CNBC
- Reinsurers’ Shopping Spree Won’t Slow Down Falling Rates – S&P Report
- A.M. Best: European (Re)Insurers Face Pressure Points; Ratings Are Stable
- ING to Sell $1.2 Billion Stake in NN Group in Stock Offering
- Insurance Australia Shares Drop Most in Six Years After Profit Decline
- Lancashire Seen as Target as Lloyd’s Consolidation Trend Continues
- China’s Anbang Insurance to Recapitalize Vivat, Former SNS Reaal Unit
- Probe of RSA’s Irish Division at ‘Advanced Stage’, Says Irish Central Bank
- Reports Show Insurers Lag Behind in Adopting Technology
- Canada’s Fairfax to Acquire London-Based Brit for $1.88 Billion
- AIG Opens Four New Branches in Oman
- ACE Appoints Stankiewicz as Head of Sales & Distribution, Nordics
- Towergate Wins Creditor Support for $1.5 Billion Restructuring
- Global Climate Deal Blueprint Emerges From UN Gathering in Geneva
- Ardian Agrees to Buy JLT’s Stake in Siaci St Honoré
- ACE Appoints Fedarb as Head of Travel Insurance for Eurasia and Africa
- Best Sees Minimal Rating Impact from Tax Changes on Reinsurance
- Berkshire Hathaway Names Sorsak to Lead Canada Property, Energy Claims
- $324 Million: PERILS’ Final Loss Estimate for Windstorm Tini
- RenaissanceRe Gets Regulatory Nod to Acquire Platinum Underwriters
- A.M. Best: Geopolitical Tensions Hit Insurers’ Prospective Growth in Russia
- UK’s Flood Re Appoints Capita as Managing Agent
- Guy Carpenter Explains ‘Collateralized Reinsurance’ Transactions
- Loeb’s Third Point Reinsurance Ltd. Shuns Acquisitions in U.S., Europe
- Zurich Insurance Shares Drop as 4th Quarter Profit Drops 20%
- MAPFRE Net Income Rises 6.9% on Rebound in Spanish Business
- Cayman Islands Reports Steady Growth in Captives During 2014
- Arch Reports Q4 Net Income of $209.7 Million; $812.4 Million for 2014
- Greenwich is Scene of RSA Sponsored UK Driverless Car’s First Test
- XL Group Appoints New Country Managers for Singapore and Japan
- ING Rises on Plan to Resume Dividend as Profit Misses Q4 Estimates
- Catlin CEO Expects Number of Mergers Among Smaller Insurers to Increase
- Argo Reports Q4 Net Income of $59.7 Million; $183.2 Million for Full Year
- Montpelier Re Posts $49 Million Q4 Net Income; $210.6 Million Full Year
- Catalina Completes Transfer of NationsBuilders Construction Liabilities in Run-off
- Catlin Boosts Full-Year Profit and Dividend Ahead of Investor Vote on XL
- A.M. Best: Drivers Behind London Market M&A Activity to Continue
- Barrage of Cyber Attacks Force Companies to Rethink Defense Strategies
- Insurance Managers Association Cayman (IMAC) Elects New Board
- Best Affirms Ratings of General Insurance Corporation of India
- Aon Reports $3.3 Billion Q4 Total Revenue; $12 Billion FY
- PartnerRe Appoints Haft as Head of Catastrophe
- El Nino Forecasts Flop as Puzzled Scientists Search for Answers
- Aspen Reports Q4 After-Tax Net Income of $67.2 Million
- Oil Tankers Run Gauntlet in Nigeria’s ‘Pirate Alley’
- Paris Murders Make Finding a Solution to Violence More Imperative
- Pioneer Offers EU-Compliant Insurance for Alternative Investment Managers
- Beazley Bets on U.S. Unit to Offset Declining Rates at Lloyd’s Business
- A.M. Best: Europe’s Largest Cedants Alter Reinsurance Purchasing Practices
- Aon Benfield/Impact Forecasting Jan. Cat Report Highlights Winter Storms
- Everest Re Group Reports $340.1 Million Q4 Net Income; $1.2 Billion for Year
- PartnerRe Reports Q4 Net Income of $262.7 Million; $998.2 Million for Year
- Canadian Insurer Intact Q4 Profit Nearly Doubles to US$164.8 Million
- UK Climate Agency Faults Flood Re’s Costs as ‘Higher than Necessary’
- Valuable Routes, Insurance Cover Insulate TransAsia From Grim Crash Record
- Munich Re Raises Dividend Even After 4th Quarter Profit Declines 42%
- Novamar Insurance Mexico Adds Insurance Products for Expatriates
- Marine Insurer Seacurus Launches South-East Asian Petro-Piracy Coverage
- Lloyd’s Appoints Brit Group CEO Cloutier to Franchise Board
- Hannover Re: Capital Markets Are ‘More Friend Than Foe’ to Reinsurers
- PartnerRe Stock Jumps on Report That SCOR, Alleghany Are Weighing Bids
- AXIS Capital Reports Q4 Operating Income of $120 Million, $563 Million for 2014
- XL’s McGavick Says Defectors May Find More Turmoil at New Jobs
- TransAsia Turboprop Crashes Near Taipei; 2nd Fatal Accident Within Year
- ACE Group Warns UK SMEs About Higher Fraud Risk in 1st Quarter
- Allied World Launches Primary General Liability Coverage in Canada
- Willis Re Launches Cyber Risk Modeling Tool – PRISM-Re™
- Lloyd’s Appoints Mackinnon as General Representative in Australia
- XL Group Reports $293.9 Million Q4 Net Income; $999.2 Million for 2014
- Factbox: U.S.-India Nuclear Deal Designed to Address Industry Liability
- Malaysia Says U.N. Must Make Conflict Zone Air Risk Reporting Mandatory
- Update: Investigators Say No Evidence AirAsia Captain Left His Seat
- ACE Launches Cyber Risk Unit for Continental Europe
- 2014 Was World’s Hottest Year Since Record Keeping Began in 1880, UN Says
- UK’s Towergate Creditors to Take Over Company in Debt Restructuring
- AirAsia Captain Left Seat Before Jet Lost Control: Sources
- Cayman Enacts Regulations Affecting Portfolio Insurance Companies
International & Reinsurance News Archives
