International & Reinsurance News for January 2019
- Insured Losses from Sydney Hailstorms Estimated at A$635M (US$457.5M): PERILS
- Specialist Re/Insurance Broker THB’s Completes Leadership Transition for Europe Division
- Pioneer Underwriters Creates Single Global Platform for Financial Institutions
- Underwriting Platform elseco Agrees to Buy MGA, Selected Renewal Rights from StarStone
- AXA Real Estate Unit Confident About Its London Skyscraper, Despite Brexit Uncertainty
- UK Financial Sector Wants Deeper EU Access After Brexit Than Non-EU Countries
- Fitzgerald, Chief of Broking, Exits Aon After 27 Years
- Brazil Dam Disaster Could Delay Settlement for 2015’s Samarco Mine Disaster
- Lloyd’s Appoints Former U.S. Senator Sununu as Member of Council
- China’s Ping An P&C Unveils Credit-Based Smart Auto Insurance Claim Solution
- Octo Telematics to Provide Commercial Fleet Telematics to Mexico Auto Insurer
- UK Parliament Asks Prime Minister to Reopen Brexit Divorce Negotiations
- Travelers Europe to Form Dublin Insurance Subsidiary Ahead of Brexit
- Thefts, Scams of Cryptocurrencies Surge 400% to $1.7 Billion in 2018
- French Insurer Covea Abandons Hostile Takeover of SCOR
- Qatar Re CEO Saacke to Step Down with Interim Leader Named
- UK Financial Services Minister Confident Brexit Deal Will Be Agreed
- Singapore Data Leak of Records of 14,200 HIV Patients Blamed on U.S. Citizen
- Chubb Forms 15-Year Distribution Agreement with Chile’s Largest Bank
- Allianz Has Reinsurance Exposure to Vale Dam Disaster: Sources
- Brazil Weighs Management Overhaul at Vale After Mine Disaster; Death Toll Rises
- Global Malware Attack Could Cost Insurers $27 Billion
- Allianz Enters Formal Negotiations to Buy Malaysia Car Insurer: Sources
- French Engineering Consultancy Altran Tech Hit by Cyber Attack
- Irish Data Regulator Probes Twitter over Privacy Rules Breach
- London’s Electronic Placing Platform PPL Announces Updates, Enhancements
- Everest Re Estimates Q4 2018 Catastrophe Losses of $695 Million
- Here Are Range of Brexit Options Being Proposed by U.K. Parliament
- PIMCO and Allianz Partner to Launch Insurance Linked Securities Business
- Metals Financing Fraud Lawsuits Reveal Risks of Relying on Paper Receipts
- Collapsed Brazil Mining Dam Kills at Least 58, in Echoes of 2015 Disaster
- France’s Ban on Glyphosate Expected to Curb 80% of Use by 2021
- Bank Issues China’s First Perpetual Bond as Investment Restrictions on Insurers Eased
- ‘Resilient’ Bermuda Reinsurance Market Copes with U.S. Tax Reform, Catastrophes
- Anbang Insurance Assets for Sale Include Manhattan Building, Health Insurer, Hotels
- Anti-Fraud Specialist FRISS Expands into France
- Allianz to Enter Vietnam Insurance Market via Joint Venture with IT Firm FPT Group
- IGI Taps Garrity from Swiss Re as CEO in Malaysia to Lead Asia-Pacific Growth
- Support Grows for Delaying UK’s Exit from EU, as Brexit Deadline Looms
- Hurricane Florence Demonstrates Perils of Being Underinsured/Uninsured, Says RMS
- Private Flood Insurers Not Yet Ready to Fill Massive U.S. Protection Gap
- France Fines Google $57M for Breaching EU’s Data Privacy Rules Under GDPR
- Ship in Black Sea Fire Was Denied Port Entry over U.S. Sanctions Risk: Reuters
- Volvo Recalls 200,000 Cars to Fix Potential Fuel Leakage Problem
- Danske Money Laundering Scandal Damages Denmark’s Reputation: Regulator
- Accounting Fraud Pushes UK’s Patisserie Valerie into Insolvency
- Commodities Broker Files $284M Suit Alleging Metals Fraud – in Echo of Natixis/Marex Case
- Warming Oceans Cause Krill to Shift Closer to Antarctica: Scientists
- Drone Travel Chaos at Gatwick Airport Cost EasyJet Nearly $20 Million
- BHSI Offers Transactional Liability Cover in UK & Europe, Appoints Martin from Enstar
- Legacy Acquirer DARAG Buys Italian Motor Business from DONAU Versicherung
- Insurance Covered $90B of Natural Disaster Losses in 2018, Leaving 60% Protection Gap
- Danske Bank Faces Shareholder Lawsuit over Money Laundering Scandal
- PM May Refuses to Rule Out No-Deal Brexit, but Seeks Further EU Concessions
- AXA XL Transfers XL Insurance from UK to Dublin as Post-Brexit HQ
- Hiscox Stages Cyber Attack to Show Small Businesses What It’s Like to Be Hacked
- Climate Change, Shrinking Glaciers Threaten Rhine River Shipping Access
- Argo Estimates Losses from Q4 Natural Catastrophes, Other Claims to Hit $44M
- What’s Next for Brexit After UK Parliament Rejects May’s EU Divorce Deal?
- Marex Spectron’s Metals Financing Deal Triggers Fraud Lawsuit, Insurance Dispute
- BHSI Expands into UK-Ireland Property Construction, Taps Scor’s Seamer to Lead Team
- Germany, China Agree to Expand Market Access in Insurance, Banking, Finance
- Guy Carpenter Forms New Division, Makes Post-JLT Merger Leadership Appointments
- Severe Weather in Canada Cost Insurers C$1.9 Billion in 2018: IBC
- Brexit Update: City of London Prepares for Worst, Hopes for Best
- Germany, China Discuss Ways to Improve Market Access for Insurers, Banks
- Final Insured Losses for Europe’s Storm Friederike/David Estimated at €1.7B: PERILS
- Failure to Mitigate Climate Change, Cyber Attacks Are Top Global Threats: WEF
- Cyber Joins Business Interruption as Top Global Business Risks: Allianz Survey
- ArgoGlobal and Italian Insurtech Firm Provide On-Demand Insurance for Gig Workers
- Fired Moody’s Executive Wins Back Paris Job, Gets $1.8 Million Payout
- HDI Global Taps McDonald from Allianz as UK and Ireland Managing Director
- UK-EU Divorce in Disarray with Just 10 Weeks to Go Before Brexit Leave Date
- Singapore’s Grab Makes Foray into Insurance with Chubb as Provider: Opinion
- Multiple Smaller Natural Disasters in 2018 Created ‘Unusual’ Insured Loss Picture: Willis
- May’s Brexit Deal Rejected by Parliament in Landslide Vote
- Swiss Re Estimates Its Q4 Natural Catastrophe Claims to Hit US$1.0B
- Danske Bank’s Money Laundering Scandal Damages Client Confidence
- Cable and Pipe-Laying Ship Capsizes near Singapore After Tanker Collision
- UK Prime Minister’s Brexit Deal Faces Crushing Parliamentary Defeat
- 2019 Cyber Insurance Predictions: Strong Drivers for Growth Ahead
- Danske Accused of Lying to French Investigators over Alleged Money Laundering
- Indonesia Rattled by More Than 11,500 Quakes in 2018
- Verisk Launches Black Box 3 Solution to Enhance Medical Underwriting
- Marsh Places 10,000-Plus Risks During 2018 via London’s Placing Platform (PPL)
- Chubb Names Browne Deputy Regional President, APAC, Division President, SE Asia
- Jan. 1 Renewals Saw ‘Muted Impact’ from 2018’s Catastrophes: Guy Carpenter
- Uncertainty over Brexit Takes Toll on UK Financial Services Sector: Survey
- Lion Air Plane’s Cockpit Voice Recorder Recovered in Java Sea
- Arch Capital Estimates Q4 2018 Catastrophe Losses Could Total $130M
- Global Reinsurance Capital Is Resilient Despite Losses of $230B over 2 Years: Aon
- Snowfall Continues to Disrupt Parts of Austria, Germany and Norway
- Iran Hackers Could Be Behind Wave of Cyber Attacks on Infrastructure: FireEye
- Zurich Policyholder Dispute Highlights Danger of Calling Out Cyber Attackers: Opinion
- Hub International Buys Montreal-Headquartered Forum Risques et Assurance
- EU Lawmakers Seek to Beef Up Financial Services Protections Ahead of Brexit
- There’s 65% Chance That Weak El Niño Will Emerge in Spring, Says U.S. Weather Service
- Parametric Catastrophe Facility CCRIF Adds Panama to Growing Roster of Members
- Explosion on Oil Tanker Near Hong Kong Kills Crew Member
- Swiss Re Corporate Solutions Launches Parametric Water-Level Insurance in Europe
- AXA XL Uses AI to Speed Up Property Engineering Risk Analysis, Underwriting
- Denmark Bans Truck Trailers on Trains After Deadly Accident
- Allianz-Backed Fintech Startup N26 Raises New Funds for Push into U.S.
- Deadly Winter Storm Blasts Europe with Heavy Snow and Winds
- Newly-Privatized AmTrust Announces Leadership Changes
- WTW Names Forrest EMEA Regional Leader, Insurance Consulting & Technology
- CFC Expands Cyber Insurance Product with Business Interruption Cover
- Argo Group Renews Harambee Re Sidecar for 2019
- Hub Continues Canadian Employee Benefits Expansion with Purchase of TRG
- London’s Heathrow Briefly Halts Flights After Drone Sighting
- California Wildfires, Hurricane Michael Top List of 2018’s Costliest Natural Disasters: Munich Re
- Arthur J. Gallagher & Co. Acquires Canadian Broker Jones Brown
- Cargo Ship Sinks in Rough Seas off Coast of Turkey; 2 Crew Members Killed
- Dubai International Financial Centre Plans Massive Expansion Project
- Everest Re Group CEO Addesso to Retire at End of 2019
- Neon Sponsors 2nd ILS Transaction via UK Transformer Vehicle NCM Re
- R&Q’s EU Program Manager, Accredited, Forms Partnership with UK MGA Kitsune
- Brit Makes ‘Significant’ Investment in Toronto-Based MGU Sutton Special Risk
- The Co-Operators Offers Storm Surge Cover for Homeowners Across Canada
- Hamilton Underwriting Taps Vetch from W.R. Berkley as CFO, Replacing Barrett
- Gallagher Signs Agreement to Buy UK Specialist Broker Stackhouse Poland
- If Brexit Deal Is Rejected, UK Would Enter Uncharted Territory: PM May
- Swiss Shipping Firm MSC Pledges to Recover Containers Lost in North Sea
- Tropical Storm Pabuk Weakens After Battering South Thailand
- Containers Carrying Hazardous Materials Fall Off Cargo Ship Near Dutch Coast
- AXIS Capital Chairman Butt Inducted into Insurance Hall of Fame
- Death Toll Rises for Denmark’s Deadliest Train Crash in 30 Years
- UK Prime Minister’s Party Opposes Brexit Deal, as Uncertainty Hits Economy
- Aspen Insurance Bermuda Names Key Excess Casualty, FINPRO Appointments
- MSIG Hong Kong Appoints Kent as CEO as Reid Retires
- Thailand Braces for Storm Pabuk; Oil & Gas, Tourism Industries Disrupted
- Protean Risk Launches Insurance Coverage for Fintech Sector
- Danish Passenger Train Hits Falling Cargo from Freight Train, Killing 6, Injuring 16
- R&Q’s EU Program Manager, Accredited, Forms Partnership with CPD Underwriting
- Final Insured Losses for Europe’s Cyclone Burglind Reach €756M ($862.1M): PERILS
- Arch Insurance Europe Finalizes Purchase of Ardonagh’s UK Commercial Lines Business
- Lion Air Ends Hunt for 2nd Black Box, but Indonesia Plans to Resume Search
- Robots Haven’t Eliminated Many Jobs – So Far: World Bank
- Generali Completes Sale of Belgium Unit to Bermuda Re/Insurance Group Athora
- Chubb European Group Completes Redomicile to France in Preparation for Brexit
- Tropical Cyclone Penny Slams North Australia Coast Near Rio Tinto Mine
- January Renewals Show Higher Prices for Clients with Poor Loss Records: Willis Re
- Deaths on Passenger Jet Aircraft Rise Across Globe in 2018
- Reinsurance Prices Drop – Despite 2018’s Big Natural Catastrophe Losses: JLT Re
- Competition in Artificial Intelligence Is Like New Space Race: Viewpoint
International & Reinsurance News Archives
