International & Reinsurance News for April 2017
- Munich Re’s Primary Carrier, ERGO, Explores China Digital Business
- London Market Group Re-Appoints Aubert as Chairman
- Disruptive Tech Dominates 2nd Annual Efma-Accenture Innovation Awards
- Canada’s Desjardins Aims to Buy P/C Insurers: CEO Cormier
- Kenya’s CIC Expects Uganda, Malawi Units to Break Even in 2 Years
- UK Uber Drivers Can Now Buy Injury & Illness Insurance
- Munich Re’s New CEO Wenning to Take ‘Hard-Nosed’ Approach
- MGA Pen Underwriting & Markel Partner to Offer UK Equine Cover
- Willis Updates ‘Unify’ Platform in Response to New Solvency II Challenges
- Eastern Newfoundland Windstorm Costs Insurers US$32.5M
- Hamilton Re Announces Management Team Appointments
- Hackers’ Ransom Demands Rise as Victims Keep Paying: Symantec
- Political Risk Tops List of Worries for Insurers Across Globe: GS Survey
- Many Large Investors Tackle Climate Risks with Greener Investments
- Ed Names Howden’s Plummer as Chairman of Property & Casualty
- Canada’s Economical Strengthens Executive Team, Realigns Operations
- ILS Market Continues Growth Trend in Q1 2017: Willis Towers Watson
- Global Protectionism Risks Economic Growth: Zurich, Atlantic Council
- XL Catlin Launches A&H Cover, ‘Protect & Assist,’ for UK Firms
- FM Global Chooses Luxembourg as Post-Brexit EU HQ
- Willis Towers Watson Names 6 to Global FINEX Senior Leadership Team
- Swiss Re Economists Win Award for Research on Nat Cat Protection Gap
- Large Claims Becoming More Expensive, Complex & Global: Allianz
- French Prosecutors Probe Peugeot Parent over Alleged Emissions Fraud
- Liberty Taps XL Catlin’s McKay for New Distribution & Client Mgmt Role
- XL Catlin Participates in Consortium Bringing Driverless Cars to UK
- Demand Rises for Political Risk Cover as Buyers Think the Unthinkable
- China & India Lead U.S. in Renewable Energy Targets: Allianz
- AXIS Re & China’s Renmin University Offer Actuarial Scholarship
- UK’s Aviva Buys Remaining 50% Share in Vietnam Joint Venture
- U.K. Has 1st Day Without Burning Coal for Power Since 1880s
- Neon Appoints Sirius’ Sethi as Senior D&F Underwriter
- Hamilton Re to Buy Canopius’ Excess Casualty Renewal Rights
- Society Must Prepare for Disruptive New Technologies, Warns Alibaba Chairman
- At Least 2 Bidders Interested in IDB Unit, Tel-Aviv-Based Clal Insurance
- French Regulator Links Sanofi Epilepsy Drug to Birth Defects
- Uber Faces Hike in London License Fees, in Latest Blow for Ride-Hailing Firm
- AXA Taps Telefonica’s Benjamins as CDO, Head of Data Innovation Lab
- ‘Flying Taxi’ Successfully Tested in Germany by Start-Up Lilium Jet
- MGA Nirvana Targets Media, Technology & Cyber Risks on Castel Platform
- Aon, JLT, Marsh, UIB, Willis Investigated by UK Regulator over Aviation Broking
- Global Insurance Industry Set to Grow by 4.5% in 2017-2018: Munich Re
- Warburg Seeks to Buy Minority Stake in India’s ICICI Lombard from Fairfax
- Munich Re, Beazley Partner to Provide Enhanced Cover for Large Cyber Risks
- AXA Group Names Ariss as Head of Public Affairs & Corporate Responsibility
- Slow Computers & Internet, Outdated Systems Demoralize EU Workers: Survey
- Future Tech to Create Lower Claims Frequency, New Threats: Allianz Report
- Insured Damage for Southern Ontario Windstorm Estimated at US$73.4M
- Hiscox Group Names Barclay’s Penny as Chief Information Officer
- China’s Baidu Plans July Launch of Self-Driving Car Technology
- Uber Sees EU Growth Despite Impending EU Court Ruling, Denmark Setback
- Markel Int’l Singapore Taps Munich Re’s Fordham as Marine Liability U/W
- UK Prime Minister May Seeks Early Election to End Brexit Divisions
- Hackers Target Japan’s Mobile Gamers to Access Their Employers’ Data
- Singapore Ranks Highest in Asia in Attracting Talent; No. 2 in Global Index
- Swiss Re Gears Up to Launch Subsidiary in Singapore in 2018
- Cayman Islands Issues 39 Insurer Licenses in 2016
- Worldwide Broker Network Adds Members in Germany, Croatia
- Sompo International Taps QBE’s Sordillo as Sr. VP, Loss Control Leader
- Insured Losses for Europe’s Storm Zeus Estimated at US$200M: PERILS
- Malaysia Eyes Tougher Enforcement of Cap on Foreign Ownership: Sources
- Brit Appoints ArgoGlobal’s Lim as CEO of Brit Singapore
- Zurich Buys Australia’s Largest Travel Insurer, Cover-More, for US$551M
- Insurers to Pay an Estimated $1.3B for Cyclone Debbie: Swiss Re
- Political Risk a Growing Concern, Say Brokers, Insurers
- China’s Ant Financial to Offer Mobile Finance Services in Indonesia
- Old Mutual Backs Its South Sudan Businesses – Despite War, Famine
- AXIS Re Names XL Catlin’s Leahey as Senior Cat U/W for Europe, MENA
- Insurance Costs for Windstorm Egon Rise to €234M ($243M): PERILS
- Cyber Breaches Permanently Hit Share Prices, Especially Financials: Study
- Industry’s International Diversity & Inclusion Festival to Be Held Sept. 26-28
- Beazley Joins EbixExchange Accounting Platform
- Starbucks in China Provides Health Cover for Workers’ Parents
- China’s Probe of Regulatory Chief Won’t Slow Insurers’ Overseas M&A: Opinion
- Chubb Promotes Samuel as Head of Power & Utilities for Asia
- UK Car Premiums Rise by 16% to $949 with More Pain Ahead: Willis Towers Watson, Confused.com
- Willis Towers Watson Launches Cyber Aviation Cover with AIG Collaboration
- Liberty Specialty Markets Taps Equinox Global’s Paton as European Head of GFR
- Driver Privacy at Risk when Telematics Data Stored in the Cloud: Researchers
- Insurtech Microinsurance Specialist, BIMA, Gets $16.8M Investment
- Chairman of China’s Insurance Regulator Investigated for ‘Severe’ Violations
- Miller Taps Gallagher’s Maule as Senior Trade Credit & Political Risks Broker
- UK MGA Plum Launches High Net Worth Home Cyber Cover
- Trade Credit Insurers Paid UK Claims of $4.9M Each Week in 2016: ABI
- S&P Raises Ratings for Belgian Aviation Insurer Aviabel After AXIS Acquisition
- U.S. Weather in March to Cost Insurers More than $2 Billion: Aon
- April 1 Renewals Saw ‘Disciplined Softening’ with Ample Capacity: Aon & Willis Re
- RMS Expands Range of ‘Cyber-Physical’ Models for Property Insurers
- CNA Hardy Names Chubb’s Legassick as Head of Life Sciences & Technology
- Markel Canada Buys Remaining 50% Stake in Allsport
- Initial Insured Loss Estimate for Storm Thomas Is €213M ($222.7M): PERILS
- UK’s Alan Boswell Group Buys Sutcliffe Insurance Brokers
- Top 3 Causes of Global Liability Claims = 60% of Value: Allianz Report
- International, Large-Scale Cyber Attack Uncovered by Cyber Security Watchdogs
- EU to Pay €60M to Britain for Repair of 2015-16 Flood Damage – Despite Brexit
- Lloyd’s Begins Operating in India with MS Amlin as 1st Underwriter
- RMC Group Names Mitchell as President of U.K. Operation
- FM Global Creates Global Flood Map to Help Businesses Manage Flood Risk
- Catlin to Retire as XL Group’s Executive Deputy Chairman
- Brokerslink Launches Global Construction Practice with 2 Appointments
- O’Halleran to Retire from Aon After 37 Years
- Mercedes’ Parent, Daimler, Partners with Bosch to Develop ‘Robo-Taxis’
- PERILS Releases Updated Exposure Database
- New Digital Evidence Emerges of N. Korea Connection to Bangladesh Bank Heist
- U.S. Supreme Court to Hear if Arab Bank Is Financially Liable for Terrorist Attacks
- Update: Death Toll Rises, Dozens Injured in Russia Subway Terror Attack
- Global Momentum to Curb Climate Change Proceeds Despite Trump: UN
- CFC Underwriting Upgrades Global Cyber Product
- New Zealand Eyes Revamping Building Standards After November Quake
- City of London Will Survive Brexit – Even if Many Jobs Move to Continent: Official
- Australia Floods in Wake of Cyclone Debbie Kill 4, Disrupt Mining
- Uber’s Biggest SE Asia Rival, Grab, Buys Indonesian E-Commerce Platform
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