International & Reinsurance News for January 2016
- Bermuda’s Validus Reports 2015 Net Income of $374.9M, vs. $480M in 2014
- Talanx Group’s Industrial Insurer Operating with New Name: HDI Global SE
- Willis Towers Watson Appoints New Senior Leadership Team for Great Britain
- Lloyd’s Underwriter Marketform Appoints Murru as Financial Lines Underwriter
- ‘Smart’ Appliances, Ventilation Systems Are New Hacker Targets: Cyber Experts
- Dutch Finance Minister Rules Out Sale of ASR Nederland as Parliament Backs IPO
- Liberty Specialty Markets Enters Chinese Market via Lloyd’s China Platform
- Allied World Appoints Herron as VP in Australia Professional Liability Team
- M&A to Intensify as Insurers Hunt for Top-Line Growth: Willis Towers Watson
- Gasoline Imports Easier to Insure than Crude Exports in Post-Sanctions Iran
- Chubb CEO Greenberg Blames Brazil’s Leaders for Exacerbating Economic Woes
- 2015 Cat Bond Activity Down Slightly from Record Levels in 2014: GC Securities
- RSA Appoints Hancock to Lead Broker Relationships, Heiss as Chief Legal Officer
- Firms Look at New Tools Designed to Foil Hackers as Firewalls Prove Inadequate
- Marsh Launches Global Excess Cyber Risk Facility Called ‘Cyber ECHO’
- Generali Shares Drop on Greco’s Decision to Join Zurich as CEO
- Insurance Placement Difficulties Delay Iranian Crude Exports to Europe
- Zurich Names Generali’s Greco as CEO, with Task of Driving Turnaround
- RSA Appoints Stewart as Chief Risk Officer for UK and Western Europe
- Bank of England’s Bailey Is Surprise Choice for Chief of U.K. Regulator, FCA
- Munich Re Raises Shareholding in India’s Apollo Munich Health Insurance
- XL Catlin Opens Brisbane Office, Continuing Regional Expansion
- EU Security Chiefs Warn that Terrorist Attacks Highly Likely in Europe
- Supply Chains Thwart Climate Risk Management for 75 Major Companies: Report
- Vaidyan Appointed to Lead GIC Re as India’s 1st Insurer Chairwoman
- Zurich’s Ratings Remain Unchanged Despite Projected Q4 2015 Losses: A.M. Best
- China’s Insurers Received Premium Income of $365 Billion in 2015
- XL Catlin Appoints 2 P&C Underwriters in Brazil to Help with Strategic Expansion
- Gene Creating Antibiotic-Resistant Superbug Detected in at Least 19 Countries
- Global Insurers Explore Opportunities in Iran; Market Worth Premiums of $7.4B
- Axa Buying France’s Tallest Building, Tour First
- Allianz to Buy Aegon’s Commercial P&C Portfolio in the Netherlands
- Swiss Re & Partners Unveil Initiative to Speed Economic Recovery After Cat Event
- Stephenson to Join JLT Re’s Marine & Energy Division in London
- UK’s Aviva to Buy Royal Bank of Canada Unit for North America Expansion
- XL Catlin Applies for License to Open Reinsurance Branch in India
- Artificial Intelligence to Help Reduce Insurance Risks: Baidu President
- A.M. Best Appoints Ribeiro and Sutherland to Its Asia-Pacific Operations
- National Iranian Tanker Co. Close to Obtaining New Insurance for Crude Exports
- Tokio Solution Appoints Agnew as Vice President, ILS Portfolio Management
- Armour Group Invests in Cobalt, Shariah Compliant Re/Insurance Provider
- Carpenter Appoints Miller-van der Schild as Managing Director of Benelux Unit
- ILS Market Hits New Record of $70B in 2015: Willis Capital Markets & Advisory
- Poland’s Largest Insurer, PZU, Appoints Executive at Bank of America as CEO
- Intact Insurance Launches Commercial Drone Insurance in Canada
- Update: Zurich Insurance Group Expects Q4 2015 Loss in General Insurance
- AIG Increases Global Commercial Property Limits to $2.5B
- Marine Insurers Cautious About Re-Entering Iran, Despite Lifting of Sanctions
- Lloyd’s Develops Standardized Data Requirements for Cyber Risks
- Everest Re Announces Senior Leadership Changes at Bermuda, Europe Operations
- Factbox – International Firms Rush to Establish Position in Iran as Sanctions Lift
- BHSI Launches D&O & PI Cover in Australia, Expands Team
- Bial-Portela Drug Trial Halted When 6 Are Hospitalized; One Person Is Brain Dead
- JLT Re Launches New Division, JLT Fac; Macdonald-Smith Appointed as Head
- Douglas at Willis Towers Watson Receives High U.K. Honor
- Liberty Mutual Completes Chile M&A; Cámbara Named CEO of Chile Operations
- Insured Losses from U.K. Storm Desmond Estimated at $1.1 Billion: PERILS
- Brazil Police Accuse Vale, Samarco of Environmental Crime for Mine Disaster
- Ironshore International Opens Office in Shanghai; Part of Lloyd’s China Platform
- Climate Change, Migration Top List of Global Risks: WEF Survey
- Willis Towers Watson Appoints Financial Institutions Leader for CEEMEA
- Insured Nat Cat Losses 31% Below Average During 2015: Aon Benfield Report
- Nations Must Wake Up to Catastrophic Potential of Pandemic Risk: Report
- Paulson’s PaCRe Shuts Down After Investment Slump, Bermuda Tax Uncertainties
- Swiss Re Appoints O’Neill as CEO of UK & Ireland
- France’s CNP Assurances in Talks to Buy BTG’s Brazil Insurance Units
- Guy Carpenter Launches EMEA Advisory Council to Support Its Regional Growth
- Brit Ltd. Renews and Expands its Bermuda Special Purpose Insurer, Versutus
- Update: Dutch Insurer Aegon Plans $432M Share Buy-Back, to Cut U.S. Costs
- Israel Emerges as Leader in Developing Cyber Defenses for Cars
- Your Boss Can Snoop on Your Personal E-Mails, European Court Rules
- EU’s Shadow Banking Rules Arrive, Intending to Prevent Credit Crunch Rerun
- Everest Re Names Kneafsey as Active Underwriter of its Lloyd’s Syndicate 2786
- ArgoGlobal Promotes Barnes as Head of Casualty for Syndicate 1200
- Generali Investors Rattled About Report that Zurich Intends to Poach CEO Greco
- BHSI Launches Miscellaneous Professional Liability Insurance in Canada
- China’s Cabinet to Take Greater Role in Financial Markets Oversight: Source
- Fisher Appointed CEO of U.K.’s Chartered Insurance Institute
- Hackers Caused Ukraine Outage with Malware & Remote Power Cut: Report
- Hamilton Underwriting Appoints Daws as Deputy Active Underwriter
- Xchanging Urges Shareholders to Accept CSC Bid; No Superior Bid Expected
- Zurich Insurance to Appoint Generali’s Greco as CEO: Swiss Newspaper
- Beazley’s Chief Underwriting Officer, Maidment, Elected to Council of Lloyd’s
- Amlin Finalizes Merger of 2 European Subsidiaries, Creating Amlin Insurance SE
- UK Regulator’s Acting CEO McDermott Withdraws From Race for Permanent Role
- ArgoGlobal Appoints Shallow as Credit & Political Risks Underwriter
- Ryan Direct Agrees to Acquire Northern Ireland MGA, Midas Underwriting
- Costly Tianjin Blasts Have No Effect on Marine Reinsurance Prices: Carpenter
- H.W. Kaufman Financial Group Acquires Toronto-Based Technical Risk Services
- Risk of ‘Brexit’ Pushes U.K. Services Firms’ Confidence to 3-Year Low
- RSA Revamps Marine Management Team in Response to Challenging Market
- Aviva Canada Aims to Offer Ride-Sharing Insurance, with Uber Drivers in Mind
- Third Point Re’s Stock Falls Below Level of 2013 IPO on Faltering Investments
- XL Catlin Finalizes UK & Ireland Team of Business Leaders with Energy Promotions
- Insurers & Banks Could Pull Jobs from U.K. in Event of ‘Brexit’: JPMorgan
- Tighter Construction Rules Would Help Minimize U.K.’s Flood Damage: Report
- Capital Stabilizes, Prices Keep Softening During Jan. 1 Renewals: Guy Carpenter
- Aspen Insurance Appoints Global Product Heads
- Willis CFO Greene Exits with $3.75M Lump Sum After Towers Watson Merger
- Chinese Insurers Form Fund to Finance Overseas Energy, Infrastructure Projects
- Magnitude 6.7 Earthquake Jolts India, Bangladesh: AIR Worldwide
- Guy Carpenter Appoints Meyenhofer as Head of Global Partners for EMEA
- Weather Forecaster Warns La Niña Could Follow on Heels of El Niño
- Flood Claims to Hit U.K. Insurers’ 2015 Earnings: A.M. Best
- Newly Merged Willis Towers Watson Begins Operating
- World’s Top 10 Insurers Ranked by Premium, Assets
- Number of UK Firms Backing EU Membership Drops Over Past 6 Months: Deloitte
- Amlin Appoints Lead Underwriter to Build Latin American Business
- Liberty Specialty Markets Boosts German Presence with New Casualty Team
- El Niño Helped Reduce Natural Catastrophe Losses in 2015: Munich Re
- Reinsurance Prices Continue Softening During January 2016 Renewals: Willis Re
- Brazil Mine Disaster Shows Value (and Harm) of Public Relations Responses
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