International & Reinsurance News for August 2019
- Canada Insurer The Co-operators Acquires Quebec Broker, Cadieux Beausejour Dupras
- Sirius Names Business Leaders, Forms Global Management Committee, to Unify Group
- Japan Quakes to Cost Insurance Industry $2B-$3B Annually: Karen Clark & Co.
- World’s Safest Cities: Washington Rises, Hong Kong Falls
- New Specialty Broker McGill & Partners Forms U.S. Subsidiary
- Liberty Specialty Markets Taps Brodu from AIG as Head of Financial Lines, France
- European Insurers Are Having a Rough Time This August – Here’s Why…
- Study of European Flood Trends Finds North-South Climate Variances
- Waste from Chinese-Owned Nickel Plant Spills into Papua New Guinea Bay
- U.K. Prime Minister Rolls the Dice on City of London’s Future: Opinion
- New Swedbank CEO, Hired from Folksam, Criticized for Ties to Scandal-Hit Bank
- U.K. Prime Minister Johnson Forces Brexit Showdown
- African Swine Fever Spreads Further in Eastern Europe
- Liberty Specialty Markets Promotes Garside to Head of Bermuda Property
- Japan to Offer Enhanced Trade Insurance to Drive African Investment
- Opioid Epidemic Could Threaten Europe Too: Viewpoint
- Update: Tropical Storm Dorian to Sideswipe Puerto Rico, but Heads to Florida
- Frontline Expects Oil Tanker’s Return to Service in Q4, After June Gulf Attack
- U.K. Government Optimistic that Brexit Talks Can Begin Again
- Global Policymakers Must Focus on Strengthening Economic Resilience: Swiss Re
- Aon Forms Global Accident, Health & Life Group in Its Reinsurance Business
- HDI Global Taps Ogden from Lloyd’s as Director of Distribution, UK and Ireland
- Why Are Amazon Fires Potentially Sparking Global Climate Crisis?
- Update: Tropical Storm Dorian Strengthens as It Heads Toward Barbados
- China Pacific Insurance Joins Industry Blockchain Initiative, B3i
- Prospect of Brexit Deal Is ‘Touch and Go,’ Acknowledges PM Johnson
- Hong Kong Protests Escalate as Police Fire Weapon, Use Water Cannons
- Canada Broker Westland Insurance Buys First West Insurance Services
- Japan’s Tepco to Propose Decommissioning 5 Nuclear Reactors: Media
- New Business Up 20% at Insurer AIA on Hong Kong, China Sales
- Following Deadly Blast, Russia Launches Floating Nuclear Reactor
- Allianz to Buy SulAmérica’s Auto, Other P/C Insurance Operations
- Early Claims and Crash Tests Suggest Risks of Luxury, SUV Electric Vehicles
- Among Bad Driving Behaviors, Speeding Is Strongest Predictor of Crashes
- Airbus A380s to Undergo Safety Checks After Air France Crash Probe Finds Part
- China Expands List of Drugs Covered by Basic Medical Insurance
- Key Irish Businesses Said Unprepared for Brexit, Face Supply Chain Risk
- With Economy Slowing, Tariffs Hitting, China’s Rust Belt Looks to Belt and Road Initiative
- Lussier Dale Parizeau in Quebec Names Laurin as President, COO
- Spain Reports Progress in Battling Canary Island Wildfire
- Nuclear Watchdog Says Russia Resumes Sharing Radiation Data
- India Court Grants Facebook Some Relief in Key Privacy Case
- Hamilton to Double in Size with Completed Acquisition of Pembroke Managing Agency
- Deadlock Continues as EU Rebuffs Johnson Bid to Reopen Brexit Deal
- JLT’s Adams Joins Everest Insurance to Lead Its Bermuda Operation
- Parade of Probes Underway to Pin Blame for Britain’s Blackout
- U.K.’s RSA Group Makes Market Move Despite Its Safety from No-Deal Brexit
- German Firm Quits Safety Inspection Business Following Brazilian Dam Collapse
- Putin Vows Russian Nuclear Accident That Killed 5 Scientists Poses No Further Risk
- AI-Underwritten Insurance Premiums to Go From $1.3B to $20B Globally by 2024: Juniper
- Leaked Document Warned of Fuel, Food, Medicine Shortages If No-Deal Brexit
- Russia’s Yandex Accelerates Driverless Car Testing
- Novo Nordisk to Fight Danish Shareholder Lawsuit Seeking $1.75 Billion
- Tokio Marine Joins Singapore Insurtech Program
- AXA XL Adds Zurich’s Arezes as Senior Underwriter for Large Property in Canada
- Greek Firefighters Battle Multi-Day Blaze in Nature Reserve
- Nepal Government Panel Wants Mount Everest Hikers to Have Experience, Insurance
- Deaths of Soccer Star Sala and Pilot Linked to Carbon Monoxide Leak in Plane
- 42% of $44 Billion Global Catastrophe Losses in First Half Were Insured: Swiss Re
- Insured Losses in China from Typhoon Lekima Will Exceed CNY 6 Billion: AIR
- Hacker Attack Causes European Central Bank to Shut Down a Website
- London Litigation Funder Burford Alleges Share Manipulation in Attack on Its Accounts
- British PM Johnson Targeted by Opposition Campaigns to Block No-Deal Brexit
- Tropical Storm Krosa Slams Japan, Disrupting Transportation, Factories, Power
- Machines Taking Over Jobs at Giant Copper Mine in Chile
- Emergency Crews From Denmark Helping Greenland with Wildfires
- Liberty Global Names Singh to Head M&A Transactions Insurance Tax Team in London
- Prudential to Complete Split of Insurance, Asset Fund by Year’s End
- Many Reinsurers Take Increased Catastrophe Risks as Rates Harden: S&P
- China’s Anbang Insurance Selling $2.4 Billion in Japan Properties
- With Smarter, Joined-Up Pricing, There’s No Such Thing as a Bad Risk: Viewpoint
- Genworth to Sell Stake in Canada Mortgage Unit to Push China Deal
- South African Retailer Steinhoff to Sell Assets After $7B Accounting Fraud
- Hong Kong Plunging into ‘Panic and Chaos,’ Says Leader, as Protests Continue
- Canada’s Desjardins Reports Costs of $53M Related to Data Breach
- Private Equity Firm JC Flowers Kept Stake in Japan’s Shinsei Bank Too Long: Opinion
- BHSI Enhances Executive First D&O Liability Insurance in Asia
- Lloyd’s, London Market Insurers Surpass Q2 Electronic Placing Targets
- Property Loss Estimate for Australia’s Townsville Floods Rises to A$1.22B: PERILS
- EU Fights Spread of African Swine Fever with 10 Countries Now Affected
- Germany’s Forests Damaged by Droughts and Wildfires, Stoking Climate Debate
- Typhoon Lekima Roars Through Eastern China, Killing at Least 32
- Sompo Global Risk Solutions Forms Small Business Team in U.S., Mexico
- Greenlight Re Innovations Invests in Australia Property Claims Platform Handdii
- Britain Will Spend ‘Whatever It Takes’ to Prepare for No-Deal Brexit
- Fairfax Financial Appoints Allen as CFO
- Hurricane Barry Cost Economy $600M, Insurers $300M: Aon Catastrophe Report
- China Braces for Typhoon Lekima as Strongest Storm to Hit Region in 2019
- UK’s Aviva Reports 1% Rise in 1st Half Operating Profit, Reviews Asia Business
- Zurich Insurance Expects to Beat Targets as It Enters Final Stretch of Turnaround
- Insurers Pressured to Drop Coverage of Canada’s Oil Sands Pipeline
- How AI Advances ‘No-Touch’ Resolution of Workers Compensation Claims: Opinion
- Typhoon Lekima to Weaken Before Hitting Shanghai this Weekend
- CBA Joins Other Australian Companies with Aims to Cut Coal Exposure
- Willis Towers Watson Releases Updated Version of Radar Pricing Software
- Argo Group’s Q2 Net Income Drops as Combined Ratio Climbs
- UK and EU Continue to Trade Blame over Failure to Negotiate New Exit Deal
- Munich Re Reports 36% Rise in Q2 Net Profit on Lower Claims from Major Losses
- German Bank Seeks to Seize Ships for Breach of Iran Sanctions
- Chubb appoints Kwan as Division Head of Property & Casualty for Singapore
- Legacy Acquirer DARAG Signs Portfolio Transfer Agreement with Germany’s SOVAG
- Japanese Flying Car Takes Flight – For About a Minute
- Europe’s Heatwave Was Even Hotter With Impact of Climate Change: Research
- Notre-Dame Site Carries Risk of Lead Poisoning and Should Be Sealed, Say Paris Groups
- Hong Kong Protestors Move to Shut Down Financial Hub with General Strike
- Arthur J. Gallagher & Co. Acquires Wales-Based Adjusting Associates
- AM Best Upgrades Credit Ratings of PartnerRe and Subsidiaries
- Mexico Oil Company Pemex Offers Health Bonuses for Employees with Skinnier Waists
- Artificial Intelligence Helps to Contain Wildfires, Predict Wild Weather
- Vast Sahara Dust Cloud Hinders Formation of Tropical Storms in Atlantic
- While Ships in Persian Gulf Turn Off Transponders to Avoid Seizure, Collision Risks Rise
- Arthur J. Gallagher Acquires Fullerton Health Corporate Services in Australia
- Parametric Insurance Cover Provides French Farmers with Drought Relief
- Why Year-Long Ebola Outbreak Hasn’t Triggered Payout from Pandemic Insurance
- UK Regulator Asks Insurers to Weigh Possible Business Impact of Climate Change
- Aviva Weighs Options for Asian Business Including Possible Sale
- Chubb Promotes Ortega to President, Overseas, as Andrade Moves to Top Everest Role
- Lloyd’s Selects 11 Insurtechs to Support Its Future-at-Lloyd’s Project
- UK Markets Regulator Warns of Dangers of Unregulated Cryptocurrencies
- Oil Tankers Cut Navigation Risks in Strait of Hormuz by Vanishing from Tracking Systems
- Specialist Broker SSL Endeavour to Launch Cyprus & Greece Subsidiary
- Hiscox Re & ILS Promotes Dolphin to Director of Underwriting, Lee to COO
- Generali’s Net Profit Rises 34.6% in First Half
- AXA’s H1 Net Income Drops 19% on Hit From Spinoff of Equitable in U.S.
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