International & Reinsurance News for December 2018
- Empty Oil Tanker Catches Fire Near Cyprus; Crew Members Treated for Burns
 - Tropical Storm Usman Becomes Philippines’ 2nd Deadliest Weather Disaster in 2018
 - 3 Men Convicted in Britain of Murder During Insurance Fraud
 - Generali Hikes Stake in Indian Insurance Joint Venture to 49% from 25.5%
 - China Re Completes Purchase of Chaucer Holdings from Hanover Insurance
 - Top Insurance Journal International Stories of 2018
 - Global Gender Pay Gap Improves Slightly but Will Take Many Years to Close: WEF
 - New South Wales Hailstorm Triggers Australia Catastrophe Declaration
 - UK Watchdog’s Fines Against Insurers, Banks Drop by 75% in 2018
 - BMW to Be Fined $10M for Engine Fires in Korea
 - Obstacles to May’s Brexit Deal Can Be Overcome with EU Clarification: UK Minister
 - Uber Pledges to Fight UK Court Decision that Drivers Should Be Treated as Workers
 - Spain Supreme Court Orders $1.7B Compensation for 2002 Prestige Oil Spill
 - Underestimating Climate Change Risks Could Hit Investors: Opinion
 - Singapore’s EF Marine Forms Capacity Deal with Swiss Re Corporate to Offer Fixed Premium P&I Cover
 - Indonesia Volcano Alert Widened as Ash Clouds Affect Aviation After Deadly Tsunami
 - UK Business Confidence Sinks as Risk of No-Deal Brexit Grows: Report
 - Marsh Launches China Desk in Dubai to Tap Growing Business Links
 - Japan Insurance Group MS&AD to Raise Stake in Swiss Re’s UK Unit ReAssure
 - Neon Underwriting Promotes Butt to CEO, Washington to Managing Director
 - Miller Completes Acquisition of London Re/Insurance Broker Alston Gayle
 - London’s Gatwick Airport Reopens After Drones Cause 36 Hours of Travel Chaos
 - Post-Merger, Marsh-JLT Specialty Leaders Announced for UK & Ireland
 - UK MGA Nexus Acquires Hiscox Global Flying
 - Rottiers Appointed as CEO of Lloyd’s Brussels
 - Most UK Insurers, Banks, Financial Firms Will Lose EU Access with No-Deal Brexit
 - Cryptocurrency Industry Struggles to Buy Insurance, Hindering Growth Goals
 - London’s Gatwick Airport Suspends Flights on Multiple Drone Sightings
 - Marsh Makes Post-JLT Merger Leadership Appointments
 - Australia Court Narrows Class-Action Suits Against BHP over Brazil Mine Disaster
 - Charman Promoted to CEO, Sompo Holdings Overseas Insurance; Frudd Named Int’l CEO
 - UK Household Insurers, Banks Face Action for Overcharging Customers
 - German Firms Warned About Rising Threat from Chinese Hackers: Report
 - RenaissanceRe Introduces Vermeer, New Reinsurer for U.S. Catastrophe Market
 - More Global Companies Offer 4-Day Work Week as Stress, Burnout Levels Rise
 - Harris to Head Argo International Operations; Hernandez Takes on Strategic Initiatives Role
 - Global Insured Losses From Disasters at $79 Billion in 2018: Swiss Re Sigma Estimate
 - Britain Begins to Ramp Up Planning for No-Deal Brexit
 - Insurance Tech Firms Prima Solutions and Effisoft Complete Merger
 - Global Anger Finally Seems to Be Getting China to Open Up Markets: Viewpoint
 - Reports Call for Reducing Big 4 Accounting Firms’ Dominance in British Company Audits
 - Swiss Re Appoints Hodges as CEO at ReAssure to Lead on Expected IPO
 - EU Regulator Says Insurers Pass Stress Tests
 - Drugmaker Eyes Reinsurance to Lower Costs, Reports Financial Times
 - Zurich to Shift $2B of UK Legacy Employers’ Liability Policies to Catalina
 - Latest Edition of AMA Guides Lowers Impairment Ratings in Workers’ Compensation
 - S&P Upgrades Outlook for AXIS
 - AnaCap Equity Firm to Sell French Broker AssurOne Group
 - UN Talks Seeking Climate Rulebook Reflect U.S.-China Tension
 - Markel’s Maher Joins AXIS Cyber Team
 - Possible Drone Strike on Aeromexico Jetliner Under Investigation
 - Slice Now Offering On-Demand Insurance Cloud Services Platform to Insurers in UK, EU
 - Average World Temperatures to Far Exceed Paris Climate Agreement Goals: Report
 - Most UK SMEs Don’t Understand Risks of Cyber Attacks, Data Loss: Aon Poll
 - Gallagher Bassett Acquires UK-Based Property Claims Management Services
 - Italian Oil Services Firm Saipem Blames Cyber Attack on Shamoon Virus Variant
 - UK Fintech Startup Revolut Gets EU Banking License in Lithuania
 - UK Prime Minister Survives Confidence Vote but Party Is Bitterly Divided
 - Gallagher Buys IBS Re Singapore, 40% Stake in Indonesia’s IBS Insurance Broking
 - Starr Insurance Cos. Expands Aviation Insurance Operations to Brazil
 - Brit Partners with Schillings Critical Risk to Create Kidnap-for-Ransom Offering
 - Florida-Based Broker Coin Re Taps Barbican’s Crichton as EVP in London
 - SoftBank, Alibaba Lead $1.1B Investment in Indonesia E-Commerce Firm Tokopedia
 - Brexit to Cause Irreversible Damage to UK Financial Services, Say Industry Leaders
 - Brexit Uncertainties Heighten as UK Prime Minister Faces Vote of No Confidence
 - Sweden’s Wildfires Highlight Cost of Rapidly Changing Climate in Europe
 - WTW Taps Rowley from Brit, Harvey from Aon to Boost London P/C Arm
 - Bureaucratic Disputes, Funding Problems Hinder Search for 2nd Lion Air Black Box
 - Cyber Attack Targets Italian Oil-Services Firm Saipem
 - Willis Towers Watson Launches New Version of Radar Pricing Software
 - S. Africa Lender FirstRand Aims to Offer Services Such as Insurance
 - UK Prime Minister Defers Brexit Vote, Raising Risk of No Deal
 - Ed Broking to Open Bermuda Operation
 - Draycott Named CEO of Ed Broking in Preparation for BGC Partners’ Purchase
 - Gallagher Buys Boston Marks Group with Offices in N. Zealand, Australia, UK & U.S.
 - BHSI Withdraws from Hong Kong Employees’ Compensation Terrorism Pool
 - Liberty Mutual Forms $1B Risk-Sharing Deal with OPIC, Expanding Public Sector Portfolio
 - Peak Re Launches Asian Reinsurance Sidecar Deal Using Bermuda Special Purpose Insurer
 - UK Can Reverse Brexit Process, Rules Top EU Court
 - Boeing Defends 737 MAX Planes as Safe Amid Calls for More Pilot Training
 - Swiss Re Corporate Names Aerni as Global Head Casualty, Financial, Professional Lines
 - CEO Legrand Exits Brokerslink
 - Gallagher Acquires UK Commercial Broker Pavey Group
 - Emails Released in U.K. Probe Show How Facebook Wielded Users’ Data
 - Post-Brexit Free Trade Would Still See U.K. Insurance Services Exports Fall 19%: Think Tank
 - Horton Heads Ironshore Bermuda Rebranded as Liberty Specialty Markets
 - EU Lawmakers Target Big Tech Firms’ Unfair Business Practices
 - EU Court Ruling on U.K. Right to Reverse Brexit Expected Dec. 10
 - Chinese Manufacturer Ninebot’s Dominance Has Startups Sharing Scooter Product Risks
 - U.K. Food Delivery Service Riders Lose Employment Rights Bid
 - Generali Acquires Alternative Asset Management Firm CM Investment Solutions
 - How Nations Rank for Climate Risk Measures
 - Climate Risk Index Shows Rich and Poor Nations Threatened by Devastating Storms
 - AIG Appoints MetLife’s Shah as Asia Pacific CEO
 - Dutch Man, 69, Who Self-Identifies as 49, Loses Bid to Change Official Age
 - EU Bank Reform Includes Insurance, Bad Loan, Other Sweeteners
 - Pros and Cons of the Rise of Online Insurance Platforms: Geneva Association
 - EU Court’s Non-Binding Ruling Says U.K. Can Reverse Brexit
 - Verisk to Acquire London Market Pricing Software Firm Rulebook
 - Ping An Insurance-Backed Financial Tech Firm Lufax Raises $1.3 Billion
 - ArgoGlobal Names Aspen’s Lucas as Chief Actuary, International
 - Macquarie Pursues 3-Way Joint Venture in China Under New Rule
 - Allianz, Mitsui Sumitomo Bidding for Malaysia’s 2d Biggest Car Insurer
 - G20 Skirts Taboos in Reaching Agreement on WTO Reforms
 - Gas Leak Caused Explosion That Killed 23 at ChemChina Plant
 
		International & Reinsurance News Archives