International & Reinsurance News for June 2017
- Bank of England Governor Warns Investors Failing to Consider Climate Risks
- EXIN Buys 75% Stake in Ethniki Insurance from National Bank of Greece for $819M
- Grenfell Tower Fire Puts Cloud over Energy Efficiency Industry’s Building Materials
- QBE Chile Completes Management Buyout; Rebrands as ‘Unnio’
- Skuld Names Kohmann as Head of Oslo Business Unit as Urdal Retires
- Global Shipping Still Reeling from Cyber Attack; Insurers Warn of Coverage Gaps
- Global Cyber Attack Affects Shipping, FedEx, Emails and More
- Intellectual Property Risks May Not Be Covered by Traditional Products: TMK Expert
- Partner Re’s CEO of P&C Walker, Chief Risk & Actuarial Officer Pestcoe to Retire
- Guy Carpenter Launches Unit Offering Retrocession Services to Asia-Pacific Clients
- EU Aims to Hike Old-Age Protection with Proposal for Pan-Europe Pension Product
- G20 Task Force Develops Climate-Related Financial Disclosure Framework Supported by Insurers
- Allianz Global Corporate & Specialty Opens S. Korea Branch Office; CEO Named
- Insured Loss Estimates for Cyclone Debbie Rise to US$1.1B: PERILS
- MS Amlin to Re-Domicile its Post-Brexit European Headquarters to Belgium
- London-Based Ed Taps Gallagher’s Blacker as Managing Director of P/C
- Zurich Acquires UK Online Rental Car Insurance Provider, Halo
- Businesses Underestimate Long-Term Effects of Cyber Attacks: Lloyd’s Report
- Major Ransomware Attack Spreads from Europe to U.S.
- ABI Warned About Risks of Modern Building Materials Before Grenfell Tower Fire
- CNA Hardy Names Neon’s Marriott as Head of Cargo, Lloyd’s
- Oil & Gas Industry Faces More Frequent & Sophisticated Cyber Attacks: Deloitte
- MGA Pen Underwriting Launches Specialist Cover for UK Construction Market
- Arconic Stops Selling Cladding for High-Rises After Grenfell Tower Tragedy
- Lloyd’s to Cut 10% of UK Employees on Soft Market Pricing Pressures
- Existing EU Contracts Must Be ‘Grandfathered’ After Brexit to Avoid Complexity: Lloyd’s CEO Beale
- AIR Worldwide Launches Crop Hail Model for Canada
- Planned Sale of Israel’s Phoenix Holdings to China’s Yango Is Scrapped
- Whirlpool Fridge Started London’s Grenfell Tower Fire that Killed at Least 79
- Everest Re Taps Hiscox’s Kelly to Lead International Casualty Facultative Unit
- Allianz Sells Private Bank OLB to Private Equity Firm Apollo for $336M
- JLT Re Appoints Chubb’s Williams as Partner in Bermuda Operation
- Randall & Quilter to Sell Lloyd’s Agency to Medical Liability Insurer Coverys
- Brexit Critics Now Emboldened to Block Prime Minister’s Plans for ‘Hard Brexit’
- Reinsurance Rates Continue to Soften with No End in Sight: S&P
- Norway’s Protector Forsikring Insured Grenfell Tower Fire; Price Tag Debated
- London Blaze-Tower Built with Cladding Used Across England
- UK Plans $1B-Plus Investment in Driverless & Electric Vehicle Technology
- Aon Appoints Marcell to New Position of President of Aon Benfield
- Bitcoin Startup, Blockchain, Raises $40M in New Funding from Heavy Hitters
- The Hanover & Chaucer Launch Dublin-Based International Specialty Insurer
- H.W. Kaufman Financial’s Loss Control Unit, Afirm, Opens Montreal Office
- QBE Warns Emerging Markets’ Division Hit by Higher Claims
- Ed Taps Execs from Willis Towers Watson & BMS to Grow Professional & Executive Risk Team
- UK’s Aviva Selling $1.3B in Tobacco Company Holdings
- Arthur J. Gallagher Launches Crime & Management Liability Cover for UK SMEs
- Allianz Sets Its Sights on Asia-Pacific’s ‘Growth Engine’
- Hamilton Announces New Responsibilities for 2 Execs in Bermuda Business
- Chubb Opens Office in Reading, UK; Davison, Glover Appointed to Local Team
- Legacy Specialist Compre to Acquire Irish Captive Insurer Equinox CA Europe
- AXIS Insurance Taps Zurich’s Anzelc to Lead New Data and Analytics Unit
- UK, EU Insurers & Banks Need ‘New System’ for Their Post-Brexit Business
- 7 Tips for Start-ups Partnering with Incumbent Insurers: Trōv Founder Walchek
- Markel UK Launches Media, Creative Industry Coverage
- Travelers Launches Online System in UK, Providing Quick Mgmt Liability Quotes
- Hackers Target Canada Miners, Casinos, Demanding Bitcoin Ransoms: FireEye
- Arch Re’s Canada Branch Names Aon Benfield’s Dagneau as CEO
- ‘Complicated’ Brexit Talks Begin with Questions Over What Britain Wants
- Facebook Opens Up About How It Is Removing Terrorist Content
- Tragic London Fire Raises Questions About ‘Stay Put’ High-Rise Safety Rule
- Takata Bankruptcy Filing Could Happen Next Week in Japan
- Carnegie-Brown Begins Tenure as Lloyd’s Chairman
- Prime Minister May: ‘People Deserve Answers’ on London Tower Blaze
- British Insurer Aviva to Launch Small Business Cyber Product
- Report Claims 17 Deaths, Worker Abuse at World Cup Construction in Russia
- Chinese Banks Backing Away from Anbang Insurance
- China Fines Emirates Airline for Unsafe Operations
- London Tower Block Fire Death Toll Rises
- AIG ‘Smart’ Policy Uses Blockchain to Manage International Coverage for Bank
- Insurers Adapt Terrorism Policies with Loss of Attraction, Violent Acts, Other Coverages
- 220,000 Dutch, English Consumers Sue VW Over Diesel Fraud
- Anbang Insurance’s $30 Billion in Acquisitions Draw Scrutiny to Its Finances
- Chairman Wu of China’s Anbang Insurance ‘Unable to Fulfill Duties’
- W.R. Berkley Forms Two Subsidiaries in Mexico
- MAPFRE Gains 51% of Indonesian Insurer ABDA to Expand in South East Asia
- Shipping Losses Fall to Lowest in 10 Years as Technology Drives Safety
- Peak Re Wins Approval to Write Reinsurance in Malaysia
- Protectionism, Cloud Accumulation, Water Stress Among 20 Emerging Risks Facing Insurance Industry: Swiss Re
- AIG Defends Layoff of London Employee Alleging Pregnancy Discrimination
- Lloyd’s Urges Insurer Investment in Natural Habitats for Flood Protection
- XL Catlin’s O’Malley Moves to StarStone to Lead Cargo Unit in London
- Chubb Boosts Capacity for Terrorism, Political Violence, War Insurance
- Matthews Joins Markel International Trade Credit Team in Singapore
- Compre Acquires Ireland-Based Captive Equinox CA Europe
- Lloyd’s Coverholder, Arma Underwriting, Launches in Dubai with MENA Focus
- Swiss Re Corporate Solutions Opens Manchester Office for UK Regional Growth
- Corporate Venture Arm of CNP Assurance Leads Investment in Blockchain Startup
- Ed Broking LatAm Appoints Hernandez as Chairman; de Freitas Named CEO
- U.S. Storms in May to Cost Insurers $3B; Economic Costs Total $4B: Aon Report
- Brave New World: 1st Reinsurance Product Heads to the Blockchain
- Update: U.K. Voters Reject Prime Minister May’s Vision of ‘Hard Brexit’
- Autonomous Cargo Ships Expected to Revolutionize (Disrupt) Shipping
- Canada’s Economical Simplifies Business Structure as It Gets Ready to Go Public
- Allianz Eyes Buying Remaining Stake in France’s Euler Hermes: Sources
- Cape Town Hit by Worst Storm in 30 Years, Threatening Insurers’ Outlook
- Ironshore International Names Lewis to Lead Australia Unit
- Markel Combines Wholesale & Global Divisions in Bid to Enhance Efficiency
- XL Catlin Raises Global Property Capacity by 25% to $500 Million
- What Is Blockchain and How Does It Work?
- World’s Renewable Energy Projects Fall Short of Paris Climate Goals: IEA
- XL Catlin Promotes Gerbaud to Head International Environmental
- Arthur J. Gallagher & Co. Buys UK-Based Total Reward Group
- Co-operators General Expands Quebec Agency Force by Acquiring Assurance Auclair
- Ed Taps Willis Re’s Wicks as Non-Marine Reinsurance Chair
- Canada’s Home Insurers Undergo Claims Stress Test: J.D. Power
- CNA Hardy to Establish Subsidiary in Luxembourg
- Hamilton Re Raises $65M to Fund Special Purpose Vehicle Turing Re
- Validus ILS Unit AlphaCat Names AQR’s Van der Stichele as Portfolio Manager
- Excess Capacity Continues to Drive Rate Cuts at June Renewals: JLT Re Report
- InsurLab Germany Launched in Cologne to Promote Insurtech Innovation
- China’s Anbang Denies Chairman Has Been Prevented from Leaving Country
- Marsh Launches Non-Payment Insurance for Boeing Aircraft Financing
- Greenlight Capital Re Names Former SAC Re Executive, Burton, as New CEO
- Cyber Criminals or State-Backed Hackers? It’s Getting Harder to Tell…
- Sompo International to Acquire Novae’s Financial Institutions’ Renewal Rights
- Trump Hands Climate Leadership Role to China to Dismay of Global Leaders
- According to the Computer, You’ll Be Dead in 5 Years
- CNA Canada Relocates Vancouver Branch
- Dale Underwriting Offers Contingency & Sports Personal Accident Cover; Syndicate Support Extended
- China, EU Re-Commit to Paris Climate Agreement – Even if U.S. Withdraws
- Guy Carpenter Taps Gen Re’s van Oort as Managing Director, Benelux Operations
- Ironshore Names Hiscox’s Fisher as VP Political Risk & Trade Credit in London
- China Initiates Tough Cyber Law, Despite Resistance from Foreign Businesses
International & Reinsurance News Archives
