International & Reinsurance News for November 2018
- Lion Air Crash Demonstrates Unintended Consequences of Cockpit Automation
- Explosion at ChemChina’s Hebei Plant Caused by Gas Leak
- British, Dutch Regulators Fine Uber for 2016 Cyber Attack
- UK’s EU Draft Divorce Deal Preferable to No-Deal Brexit, Says FCA
- Browne and Hunt Named CEO and Deputy CEO of AGCS UK
- Danish Prosecutors Charge Danske with Alleged Money Laundering Violations
- Timeline: Australia’s Inquiry of Misconduct at Banks, Insurers, Wealth Managers
- Australia Inquiry into Bank Misdeeds Could Trigger Sweeping Financial Sector Reform
- No-Deal Brexit Could Be Worse for UK Economy than 2008 Financial Crisis: BoE
- Crum & Forster A&H Division Forms Captive Facility in Cayman Islands
- QBE Group CEO Regan: Role-Modeling QBE DNA to #RampItUp #Together
- Markel International to Partner with Yacht Insurer Pantaenius
- AXA to Buy Remaining 50% Stake in AXA Tianping for China Growth
- Hong Kong M&As Slump in 2018 with Insurance Sector Deals Hardest Hit
- UK Economy Could Take 10.7% Economic Hit with No-Deal Brexit: Gov’t Report
- Update: AXA Expects Profits to Be Boosted by Its $15 Billion XL Deal
- UK Regulator to Punish Financial Services Firms for Failures with Cyber Defenses
- Marsh Awarded Abu Dhabi’s First Captive Insurance Management Licence
- Greenhouse Gases Reach Level Last Seen 3-5 Million Years Ago: WMO Report
- Brexit Deal Could Reduce UK Economy by 4% by 2030: Think Tank
- XL Insurance to Cut Coal Industry Business Under Parent AXA’s Climate Order
- BHP Readies for Largest English Group Lawsuit over 2015 Brazil Mine Disaster
- Aon Launches Intangible Asset Cover for Gig Economy Companies
- Global Property, Mortality Protection Gap Hits $500B: Swiss Re
- EU Leaders Approve Brexit Treaty, Which Faces Rejection in UK Parliament
- Allianz Extends Contract of CEO Oliver Baete
- If UK Lawmakers Don’t Approve Draft Brexit Deal, What Comes Next?
- Factbox: Key Elements of EU-UK Draft Deal for Post-Brexit Relationship
- EU, UK Agree Draft Text for Post-Brexit Ties Although Some Wrangles Remain
- SCOR Launches Paris-Based P/C Specialty Insurer to Ensure Post-Brexit Continuity
- Generali Earmarks €4 Billion ($4.6 Billion) for Acquisitions, Growth
- Lloyd’s Chief Operating Officer Khoury-Haq to Leave the Corporation
- UK Companies’ Role in Alleged Danske Money Laundering a ‘Disgrace’: Whistleblower
- A.M. Best Discusses What’s Ahead for UK Insurers as Brexit Deadline Looms
- Aon Taps Jones from Guy Carpenter as Exec. Chairman, Asia Reinsurance Solutions
- UK Companies Prepare for Disorderly Brexit and Supply Chain Disruptions
- JLT Re’s Chairman Howard Named Vice Chairman of Guy Carpenter
- Healthier Workplaces Help to Reduce Group Insurance Costs: Canada’s Manulife
- Bank of England Pressures EU to Deliver No-Deal Brexit Fix for Financial System
- Willis Towers Watson Announces Ganzi Will Succeed McCann as Board Chairman
- London’s Electronic Placements Exceed Targets; Beazley Syndicate 3623 Ranks #1
- Finnish Software Firm Basware Confirms Takeover Bid, Backed by Investors Including Ping An
- Prime Minister May’s Brexit Deal Has Fatal Defect: Opinion
- Commonwealth Bank of Australia CEO Blames Predecessor for Insurance Mis-Selling
- AXA XL Buys 100% of New Ocean to Build Alternative Capital Business
- Brexiteer Plot to Oust UK Prime Minister May Falters
- Willis Towers Watson Launches Cyber Solution for Airports
- Update: Danske Whistleblower Says U.S., European Banks Helped Launder Money
- Explaining Danske Bank’s €200 Billion Money Laundering Scandal
- Brit Launches Sussex Capital UK to Write Collateralized Reinsurance
- China’s Ping An Invests $47M in German Fintech Incubator Finleap
- China Eyes Allowing Foreign Insurers to Own Local Joint Ventures: Sources
- UK Prime Minister Defiantly Battles to Save Brexit Divorce Deal – and Her Job
- Deutsche Bank, BofA, JPM Drawn into Danske Money Laundering Probe: Sources
- Tokio Marine’s Sale of Reinsurance Units to Boost Operational Efficiency: Fitch
- Indian Tech Billionaire’s Exit Pulls Corporate India Deeper into #MeToo Firestorm
- Hard Brexit Could Cost UK 6% of GDP, IMF Warns
- Hamilton Re Taps Hiscox’s Roache as Head of Risk XS
- Hardline Brexiteers Bet UK Can Defy Trade-Gravity Theory with No-Deal Brexit
- Cathay Pacific’s Data Breach Scrutinized by 27 Regulators in 15 Jurisdictions
- JBA Risk Management Launches India Crop Model for Re/Insurers as El Niño Looms
- Danske Bank’s Money Laundering Could Implicate Other Banks: Whistleblower Lawyer
- Swiss Re Corporate Solutions Appoints Tardif as Head Aviation Canada
- U.S. Multinationals Flee No-Tax Caribbean Havens, in Favor of Low-Tax Havens
- Global Regulators Delay, Rethink ‘Too-Big-to-Fail’ Designation for Insurers
- Brexit Plan in Chaos After Cabinet Resignations
- Brexit Uncertainties Remain for City of London – Despite Approval of Draft Deal
- New Global Insurance Accounting Rule Could Be Delayed One Year
- AIG, Carlyle Complete Deal Creating Run-Off Reinsurer, Fortitude Re
- SCOR Forces Board Resignation of CEO of Covéa (Biggest Shareholder, Spurned Suitor)
- Willis Towers Watson Opens Office in Kazakhstan for Re/Insurance Business
- Ageas Agrees to Acquire 40% Stake in India Non-Life insurer RSGI
- Threat of Cyber Attack Keeps One UK Energy Executive Awake at Night
- Biggest Airline Data Breach Lasted for Months, Confirms Cathay Pacific
- UK’s RSA Plans to Exit Three London-Based Global Business Lines
- UK, EU Agree on Draft Brexit Divorce Deal with More Hurdles to Come
- Former AIG Employees Win UK Court Ruling over $100M in Back Bonuses
- JLT Re Acquires JLT March Re in Spain, Launches JLT Re Iberia
- Brexit Negotiators Work Through Night to Reach Deal, Entering `Endgame’
- Lloyd’s Officially Opens Its EU Headquarters, Lloyd’s Brussels
- Marsh Forms Specialty Business, ‘Marsh-JLT Specialty;’ Names Executive Team
- Markel’s German Insurance Unit Gets Approval to Operate UK Branch
- UK PM May’s Brexit Strategy Under Increasing Attack, as Political ‘Mess’ Grows
- Hannover Re Executive Board Member Graeber Dies
- Italy’s Atlantia Sets Aside $400M to Rebuild Genoa Bridge; Reveals Insurer Dispute
- CoreLogic Expands Flood and Hail Solutions in Canadian Market
- Miller Names New Equity Partners: Hands, Lane, Wheeler, Henderson and Speers
- Hub International Buys Canadian Broker Kuokoa Enterprises Inc.
- Standard Club Asia, Ping An to Jointly Offer P&I Cover for China’s Shipowners
- AXIS Capital Estimates 4Q Losses from Hurricane Michael
- Allianz’ Q3 Net Profit Surges 24% to €1.94B (US$2.2B)
- Deadly Lion Air Crash Puts Spotlight on Safety Culture Within Indonesia’s Airlines
- Lloyd’s Appoints Maidment from Beazley as Board Member
- Tallying Losses from October’s Global Catastrophes
- Hub International Acquires Saskatchewan-Based Tri-Line Agencies
- Derailment of BHP Iron Ore Train Exposes Australia’s Reliance on Private Railways
- Zurich Insurance Reports 2% Hike in 9-Month P/C Premiums, Confirms Targets
- Generali’s 9-Month Net Profit Rises 27% to $2 Billion
- New Clues to Lion Air 737 Max Crash Revealed in Boeing, FAA Warnings
- Marsh & McLennan’s $5.6B Acquisition of Broker JLT Gets Shareholder Nod
- Gallagher Buys Majority Stake in UK Property-Owners’ Broker Vasek Insurance
- Some UK Insurers May Be Forced to Adjust Motor, Home Insurance Prices: Fitch
- BHP Expects Interruption to Australia Iron Ore Exports After Train Derailment
- Update: Boeing Issues Warning About 737 Max Jet in Response to Lion Air Crash
- AIG Winds Down Iran Business It Acquired Along With Validus
- Insurance Linked Securities’ Issuance Reaches Record $1.6B in Q3: Willis Re
- Hub International Acquires Ontario’s Proteus Performance Management
- World’s Biggest Airline Data Breach at Cathay Pacific Probed by Hong Kong Watchdog
- Lego Wins New Intellectual Property Lawsuit in China
- BHP’s Western Australia Iron Ore Train Derailment Will Take Week to Recover
- Data Recorder Shows Crashed Boeing 737 Max Had Airspeed Issues on Last 4 Flights
- U.S. Reimposes Iranian Sanctions, Hitting Insurance, Shipping, Energy, Banking
- Storms, Torrential Floods Lash Sicily, Killing at Least 12 People
- A.M. Best Downgrades Ratings of Tokio Millennium Re, Puts RenRe Under Review
- BHP Forced to Derail Runaway Iron Ore Train in Australia
- UK Confident It Will Form Deal with EU on Post-Brexit Financial Services Trade
- Lion Air Jet’s Audio Black Box Could Hold Key to Mystery of Doomed Flight
- UK Insurance Businessman, Pro-Brexit Donor Denies Russian Connection
- Pro-Brexit Groups, UK Insurance Businessman Banks Probed by Crime Agency
- Willis Towers Watson Taps Marsh’s Willmott as Sales Leader for UK Corporate Retail
- Zurich Canada Announces New Organizational Structure, Leadership Team
- Neuberger Berman Expands ILS Platform with Purchase of Cartesian Re, Iris Re
- Crashed Lion Air Boeing Jet Previously Had Problems with Altitude, Speed Sensors
- Update: Divers Resume Search for 2nd Black Box from Crashed Lion Air Jet
- Generali Opens Representative Office in Moscow
- Arch Insurance Europe Buys Ardonagh Group’s UK Commercial Lines Business
- RenRe’s Purchase of Tokio Millennium Re Reinforces Strategy of Independence: CEO
- QBE Restructures Operations, Creating 3 Global Units; Executive Team Named
- China’s Biggest Insurer, Ping An, Plans $2B IPO of Health Tech Unit
- Black Box from Crashed Lion Air Jet Retrieved from Wreckage by Divers
- Brexit Deal, Covering UK Financial Services, Is Closer to Completion: Officials
International & Reinsurance News Archives
