International & Reinsurance News for July 2019
- AXA XL Appoints Fumagalli as Head of International Financial Lines, Europe
- Arch Capital to Acquire UK-Based Barbican Group Holdings
- Space Insurance Premiums Could Double After European Vega Rocket Crash
- Swiss Re-Backed Insurer FWD Eyes China Expansion Ahead of Potential IPO
- Swiss Re H1 Profit Hit by Ethiopian Airlines Crash, Grounding of Boeing 737 MAX
- Epoq Legal Introduces Business Risk Protection Service for Legal Claims
- Willis Towers Watson, Lockton, Markel International Appoint New Cyber Chiefs
- UK Recorded Highest-Ever Temperature in Last Week’s Heatwave
- UK Aims to Renegotiate a Brexit Deal – with Resistant EU
- Chubb Names Kopp Head of A&H for APAC, Nisbet Appointed Thailand Country President
- EU Lags Behind Britain in Preparations for No-Deal Brexit: CBI
- Argo Group Warns Q2 Earnings Will Take a Hit
- High Levels of Global Insurtech Investments Continued During Q2: WTW
- S. Korea Balcony Collapse Kills 2, Injures 16, Including U.S., Other International Athletes
- Nexus Buys Specialist Financial and Professional Lines MGA, Plus Risk Ltd.
- Tropical Storm Erich Forms, Expected to Become Hurricane as It Heads Toward Hawaii
- Wind Could Spread Oil Leak from Pertamina’s Undersea Well in Indonesia
- AXA XL Appoints 3 Senior Executives to London Reinsurance Team
- No-Deal EU Exit ‘Now a Very Real Prospect’, Says Head of Newly Formed Brexit Cabinet
- Climate Change Blamed for Europe’s Latest Heatwave
- Markel Puts CATCo into Run-Off and Launches New Retrocessional ILS Platform
- Risk of No-Deal Brexit Rises as EU Rejects PM Johnson’s Demands for Better Exit Deal
- African Telecom Firm Africell Plans to Expand in Micro-Insurance, Mobile Payments
- CFC Underwriting Taps Francis from Aon/Stroz Friedberg as Cyber Claims Director
- First Half Natural Disasters Cost Insurers $20B, Down 26% from 18-Year Average: Aon
- Allergan Announces Global Recall of Textured Breast Implants
- Aon Names Barrett Regional Managing Director EMEA, Captive & Insurance Mgmt.
- Update: French Reinsurer SCOR Reports 62% Rise in Net Profit During 2nd Quarter
- African Swine Fever Detected at Another Bulgarian Pig Farm
- HDI Global Specialty Buys Specialist Swedish MGA, Svedea AB
- Group of German Companies – Including BASF, Siemens, Roche – Hit by Cyber Attacks
- Canada’s Navacord Joins Brokerslink Global Network
- Hiscox Offers New Security Product for Ships Seized by Nation States
- Rhine River Shipping Faces Another Historic Shutdown as Drought Hits Water Levels
- Hiscox Appoints Hughes as Managing Principal for Insurance-Linked-Securities Unit
- Cost of Norsk Hydro Cyber Attack Higher than Expected at Nearly $75 Million
- Japan Post’s Share Sale Could Be Delayed by Scandal at Insurance Unit
- Madrid Court Rules Deliveroo Food-Delivery Couriers Are Employees, Not Freelancers
- Insurer Beazley’s 1st Half Earnings Nearly Triple on Higher Premium Rates
- Death Toll Rises from Chinese Gas Plant Explosion
- Driverless Bus Hits Pedestrian in Vienna, Halting Trials
- UK Lawyers Could Be Forced Out of EU Courts with No-Deal Brexit
- Britain Reviews How to Improve Financial Services Regulation After Brexit
- Europe Faces Heatwave with London and Paris Expected to Break July Records
- Greenlight Re Invests in New Zealand Insurtech Startup Cove
- Brit Taps Birch from VC Firm Hambro Perks for Newly Created Role, Head of Innovation
- Paris Court Rejects Compensation Claim from 1994 Estonian Ferry Disaster
- RSA Taps AXA’s Rueegg as Middle East CEO; Other Executives Promoted in Region
- Liberty Specialty Forms Cyber Centre of Excellence; Rigby Named Chief Cyber Officer
- Legacy Acquisition Firm DARAG Buys UK Insurer, The Underwriter
- China Opens Financial Sector to Increased Foreign Investment
- Ryan Specialty Group Opens Barcelona Office, Focusing on Transactional Risk Business
- French Bank Natixis Denies Reports of Takeover Talks for Credit Insurance Unit Coface
- Going to Monte Carlo for the Rendezvous? What’s It Like?
- Regulatory Issues Causing Ping An-Backed Lufax to Exit P2P Lending: Reuters
- Concern Over Pig Virus Prompts Philippines to Ban German Pork
- Germany’s Merkel Says UK Should Be Given More Time for Brexit If Needed
- U.K. Networks Could Become Less Secure if Huawei Is Banned, MPs Say
- Catalina Holdings Appoints Ryland from Armour as Chief Executive of Catalina UK
- Hamilton Appoints Krishnamoorthy to Newly Created Role of Chief Technology Officer
- Legacy Acquirer DARAG Purchases Book of Run-Off Business from UK’s One Re
- No-Deal Brexit Could Push UK Economy into Recession, Says Fiscal Watchdog
- Bulgaria Fights Spread of African Swine Fever
- Allied World CEO Carmilani Moves to New Role at Fairfax; Iglesias Named His Successor
- Florida’s AssuredPartners Acquires UK-Based Hettle Andrews
- Fallout from Money Laundering Scandal Continues as Fines Loom for Swedbank
- CFC Adds Range of Risk Management Services to Tech Insurance Offering
- Shipping Firms Begin Hiring Unarmed Guards for Voyages in Middle East Gulf
- Carolin Appointed CEO of Re/Insurance Industry’s Blockchain Initiative, B3i
- Freak Weather Risks India’s Renewable Energy Goals, Affecting Insurers, Lenders
- By Taming Big Data with AI, Cytora Aims to Transform Commercial Underwriting
- EU Braces for No-Deal Brexit if Johnson Becomes UK Prime Minister
- China’s Pig Farms Tighten Biosecurity to Beat African Swine Fever
- Everest Taps Tailor from Charles Taylor Managing Agency as Head of Fine Art & Specie
- DARAG Enters Retrospective Quota Share Reinsurance Deal with Norway’s Protector
- Been to Monte Carlo for the Rendezvous? What’s It Like?
- Keep It Simple, Grow Trust for Future Success, Say UK Insurance Executives
- AGCS Names Global Leaders for Alternative Risk Transfer, Crisis Management Units
- SkyWatch.AI Launches On-Demand Drone Insurance in UK, Underwritten by Chaucer
- 3 New African Affiliates Join Brokerslink Global Network
- YouTube Star’s E-Scooter Death Renews Safety Concerns of this ‘Alternative Transport’
- Panama to Withdraw Flags from More Vessels that Violate Iran Sanctions: Reuters
- Hapag-Lloyd, Ocean Network Express Join Peers in Shipping Blockchain Platform
- London’s Uber Drivers Sue City’s Mayor for ‘Discriminatory’ New Levy
- Large French Companies Increasingly Are Targeted by Ransomware Attacks
- Future at Lloyd’s Consultation Period Ends – Now the Hard Work Begins
- AXA Appoints Guidée from Goldman Sachs as Group Chief Risk Officer
- New York-Based Broker NFP Buys Toronto’s McLean Hallmark Insurance Group
- Economic Costs of European Weather Events in June Top $2B: Aon Report
- UK Navy Stops Iran from Blocking BP Oil Tanker Leaving Persian Gulf
- French Utility EDF Prepares Its Nuclear Reactors for Climate Change
- BHSI Opens Office in Germany, Names QBE’s Krause as Country Manager
- Pakistan Examines Ways to Bolster Insurance Penetration
- AM Best Affirms Credit Ratings of Lloyd’s
- Marriott Faces $124M Fine for Massive Data Breach Under New Data Protection Rules
- Swiss Re Postpones $4B ReAssure IPO, Citing Weak Investor Demand
- Pushing and Pulling Lloyd’s Into the 21st Century
- Volvo’s Autonomous Trucking Offer Bundles Pilots, Insurance, Services
- Last Chance: Future-at-Lloyd’s Consultation Period Ends Today
- Mining Firm Vale Must Fix All Damages from Deadly Dam Collapse: Brazil Court
- Zurich Insurance Names Martin as CEO EMEA and Bank Distribution, Succeeding Blanc
- Update: Italy’s Generali Calls on China to Further Open Financial Services Sector
- Norway Insurer Protector Expects Q2 Loss After Grenfell Fire Ruling with Munich Re
- Spanish Insurer MAPFRE Teams with China Re on Belt & Road Initiative Cover
- Berkshire Hathaway’s Leeks Joins Everest Insurance as Lloyd’s Syndicate Underwriter
- 15 Families of Victims of Ethiopian Airlines Crash Reject Boeing’s Cash Offer
- Insurance Helps Online Grocer Ocado Rebuild After Devastating Warehouse Fire
- Oil Tankers Steer Clear of Middle East Refueling Hub As Attacks, Insurance Costs Rise
- EU Judges Face Another Major Facebook Privacy Case from Activist Schrems
- Pool Re Buys Non-Damage BI Retro Cover in Program Led by Liberty Specialty
- Brokerslink Bolsters Presence in Asia with Addition of 3 New Affiliates
- British Airways Faces Record $230M Fine for Data Breach Under New GDPR Rules
- European E-Scooter Startup Dott Raises $34M with Plans to Offer Insurance
- India Weighs Easing Foreign Investment Rules in Sectors Such as Insurance
- Lloyd’s to Require Cyber Cover Clarity in Re/Insurance Policies
- Asia Market Drives Global Insurance Premiums Past $5 Trillion in 2018: Swiss Re
- The Mounting Cost of Piracy off Coast of West Africa: Opinion
- Lloyd’s Sets Targets for Risks Placed Electronically for Remainder of 2019
- Blanc Resigns as CEO EMEA of Zurich Insurance
- Global #MeToo Movement Provides Lots of Work for London’s Top Lawyers
- Reinsurers Offering Better Prices, Capacity for Preferred Trading Partners: Willis Re
- Lloyd’s Appoints Rigby as Chief Operations Officer
- Thief Steals $1.3 Million Watch. Now What?
- Britain’s Green Finance Strategy Could Mandate Corporate Climate Risk Disclosure
- China to End Limits on Foreign Ownership in Financial Sector One Year Early
- Zurich Commits to UN Climate Change Targets, to Using only Renewable Energy by 2022
- China’s Swine Fever Losses May Be Twice as High as Officially Reported
- Aon, Insurtech Startup Etherisc Launch Blockchain-Based Agriculture Insurance
- MS Amlin Appoints Perottino from HDI as Country Manager for France
- Legacy Acquisition Firm Randall & Quilter to Buy Bermuda’s Sandell Holdings
- Generali Is Front-Runner to Buy Portugal Insurer Tranquilidade: Sources
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