International & Reinsurance News for January 2020
- A Divided Britain Must Now Seek New Identity Outside European Union
- IGI Gets Regulatory Nod from Bermuda After Merger with Tiberius Acquisition
- R&Q’s Accredited Completes Portfolio Transfer from Lansen Försäkringsaktiebolag
- Global Coronavirus Cases Soar to 10,000 as WHO Declares Health Emergency
- Integro Announces Beard Is Stepping Down as CEO of Specialist Broker RFIB
- Most UK Insurers, Banks Unprepared for Risks of Climate Change
- MS Amlin Appoints 4 Senior Leaders Within Specialty Business
- Brexit Day Is Finally Here; Now the Hard Part Begins: Opinion
- Brexit Impact on UK Insurers Dictated by Trade Talks, Possible Economic Hit: AM Best
- Pro Global and VIPR Form Partnership to Deliver End-to-End Solution for MGAs
- European Insurers Balk at EU Raising Capital Requirements Due to Cyber, Climate Risks
- Many Global Firms Face High Coronavirus Costs Due to Insurance Exclusions
- Coronavirus Impact: Growing List of Global Firms Cut Back on China Business Activities
- Travelex’s UK Money Transfer and Wire Services Operational After Ransomware Attack
- Firms Involved in Building Work on London’s Grenfell Tower Take No Blame for 2017 Fire
- Australia’s Capital, Canberra, Faces Worst Bushfire Threat in 17 Years
- Is the Re/Insurance Industry Ready for the Fourth Industrial Revolution?
- Swiss Re Corporate Taps Ex-Allianz Exec Willauer as Head Property & Specialty, EMEA
- Oil Giant Total Sued by 14 French Cities, NGOs over Failure to Cut Carbon Emissions
- Factbox: What’s Ahead for UK Financial Services Sector and Brexit Trade Deal?
- Indonesia Forms Rescue Plan for Troubled State Insurer
- Apple’s China-Centric Supply Chain Braces for Disruption From Coronavirus
- Cyber Attacks in Europe, Middle East Could Be Work of Turkey-Sponsored Hackers
- Energy-Hungry Data Storage Is Another Culprit of Greenhouse Gas Emissions
- Australian Insurers Should Be Able to Withstand Mounting Bushfire Claims: AM Best
- Fidelis Appoints Symms from Talbot as Head of Outwards Reinsurance
- U.K. Financial Services Firms Prepare for Worst in Brexit Trade Talks
- New Coronavirus Outbreak: Marsh Recommends Immediate Steps for Multinationals
- Uber in London Failed to Flag Assault Complaints, Monitor Drivers’ Insurance Status
- Insured Losses from Australia’s Hailstorms Hit US$352.5 Million
- As Insurers Pull Back from Australia’s Bushfire Zones, They Could Become Uninhabitable
- China’s New Coronavirus Doesn’t Always Cause a Fever so Detection May Be Difficult
- Indonesia to Tighten Oversight of Troubled Insurance Industry as Crisis Continues
- AXA Reviews Potential Sale of Middle Eastern Operations: Sources
- U.K. Financial Services Firms Must Prepare for Failure of Brexit Trade Deal: Regulator
- Specialist MGA CFC Acquires London Insurtech Firm, ThreatInformer
- Natural Catastrophe Losses in 2019 Down 18% from Annual Average: Willis Re Report
- Sompo International Hires Allied World’s James to Run International Insurance Business
- Bushfire-Ravaged Australians Face Choice in Era of Climate Change: Rebuild or Leave?
- Major Cyber Attacks of 2019 Seen via Infographic from Cyber Risk Modeling Firm Kovrr
- Munich Re Weighs Whether to Set Long-Term Profit Target of $3.3 Billion: Source
- J.C. Flowers Considers Sale of Its French Loan Insurance Broker CEP
- UK Markets Watchdog Cracks Down on Conduct of Financial Advisers
- EU Privacy Regulators Expected to Raise Fines Under GDPR Data Protection Rules
- AGCS Appoints Haagen as Chief Underwriting Officer Specialty, Succeeding O’Neill
- Insurtech Firm CyberCube Calls on Insurers to Set Global Cyber-Security Standards
- Marsh Sees Hike in Demand for Political Violence Insurance in Gulf After Tanker Attacks
- Natural Disasters in Past Decade Broke Records for Economic, Insured Losses: Aon
- Pandemic Fears Grow as China Steps Up Efforts to Control New Flu-Like Coronavirus
- Iran Crash Victims May Need Political Backing in Fight for Damages
- Korean Re Gets Chinese Approval to Open Shanghai Branch
- China’s Mysterious Respiratory Virus Spreads to Health Workers, Different Countries
- Everest Re Taps NewRe’s Klinger as Head of Continental Europe, Succeeding Knipper
- Willis Re Names Green as Head of Int’l Casualty Reinsurance, Philipsz as Australia CEO
- Australia Begins Clean Up From Bushfires with Insurance Claims Continuing to Rise
- Financial Services CEOs in Davos Complain They Can’t Save Planet Without Clients’ Help
- Hurricane Dorian’s Bahamas Storm Toll: $3.4 Billion in Damages, 3 Years of Rebuilding
- Forex Firm Travelex Resumes Customer-Facing Operations After Ransomware Attack
- MGA Incubator Castel Taps Carlos from Arch Insurance as Head of Specialty
- Liberty Mutual’s Irish Insurer Exits Several Lines Including Commercial Liability, Property
- Indonesia Takes Action to Rescue State Insurers, Potentially Raising Funds
- Japan Firms Have Done Little to Build Resilience Against Increasing Floods: Reuters Poll
- Ceron Named BMS Latin America & Caribbean COO in Miami
- Chinese Regulator Gears Up for Opening of Financial Sector – and Foreign Competition
- UK Insurtech Startup battleface Receives Investment from Fintech Ventures Fund
- U.K. P&C Insurers Face Strong Competition, Claims Inflation: AM Best Report
- Gemini, Seeing Insurance As Key to Future of Virtual Currency, Starts Own Captive
- China’s Fosun Considers Sale of German Insurer Frankfurter Leben: Sources
- Generali’s Europ Assistance Opens Office in Thailand
- Chubb Names Côté as Head of Major Accts, Europe; Brionne as France Country President
- Al Mannai Appointed Group CEO of Qatar Insurance Group
- Severe Storms Expected to Bring Relief, New Risks to Bushfire-Stricken Australia
- U.K. Broker Tysers Invests in Bermuda-Based MGA, Helix Underwriting Partners
- Ed Broking Appoints Kelley from Sompo Int’l as Head of Bermuda Liability Division
- Spike in Piracy in Singapore Strait Prompts Calls for Improved Security
- World Economic Forum Sounds Alarms About Climate Change Risks
- Cyber Ranks as Top Peril for Companies Globally for 1st Time: Allianz Survey
- Lloyd’s Performance Management Director Hancock to Step Down in 2020
- Climate Scientists Warn that Australia’s Bushfires Could Become the New Normal
- BPB UW Management Launches Underwriting Agency as MGA Incubator
- Liberty Mutual Re Opens Office in Singapore, Appoints Leong from Aspen Re
- ArgoGlobal Names Shallow Head of Int’l Specialty, MacDonald Head of Non-U.S. Casualty
- Forex Firm Travelex Restores Some Online Services After Ransomware Attack
- Philippine Volcano Erupts, Forcing Evacuation of Thousands of Residents
- MS Amlin Launches Specialist Equine MGA, David Ashby Underwriting
- AXA XL Completes Merger of XL Insurance Co. with AXA Corporate Solutions, AXA ART
- Arthur J. Gallagher & Co. Takes 100% Stake in Capsicum Reinsurance Brokers
- Re/Insurance Outsourcing Specialist Pro Global Taps Former RSA Exec Lewis as CEO
- Zurich Sees Hardening Rates, Improving Terms – in Market Not Seen Since 2002
- Gallagher Buys 60% Stake in Caribbean-Based Broker, Risk Management Services Ltd.
- Australia’s Bushfires Could Surpass 2009’s Costly Season; Analysts, Insurers Comment
- Scandal-Hit Indonesian Insurer, with $2B Financial Hole, Could Get Government Bailout
- Hamilton Rebrands ILS Platform as Hamilton ILS, Promotes Ali as New Lead Executive
- Hub International Acquires Canada’s RHC Insurance Brokers
- Earth Is Hotter Than at Any Time Since Start of Industrial Revolution: Report
- Australians Evacuate Their Homes as Soaring Temperatures, Winds Fan Bushfires
- Carpenter’s Global Property Catastrophe Index Rises by 5% in January Renewals
- U.K. Lawmakers Approve EU Exit at End of January with 11 Months of Trade Talks Ahead
- Willis Re Taps Buxton from Allianz as Managing Director, Int’l Customized Reinsurance
- Coverys European Holdings Buys AEC SpA, Rome-Based Lloyd’s Coverholder, Broker
- ‘Impossible’ to Agree to Full EU-U.K. Brexit Trade Deal by Year End: EU Head
- Travelex Ransomware Attack Part of Growing Trend in Cyber Crime: CyberCube
- Beazley and RenaissanceRe Launch Cyber Catastrophe Cover Backed by Capital Markets
- Parametric Insurance Fills Gaps Where Traditional Insurance Falls Short
- Tensions Between U.S. and Iran Hamper Probe of Boeing 737-800 Crash near Tehran
- Generali Completes Acquisition of Portugal Insurer Seguradoras Unidas from Apollo
- Natural Catastrophes Cost $150B in 2019, with Insurers Paying $52B: Munich Re
- Update: U.K.-Based Foreign Exchange Firm, Travelex, Crippled by Ransomware Attack
- Starr Insurance Names Swiss Re’s O’Ryan as Canadian Manager, General Aviation
- British Regulator Warns Insurance Industry to Stamp Out Bad Behavior – or Else
- Insurance Industry Calls for Action to Mitigate Climate Risk as Australia Bushfires Widen
- BGC Insurance’s Aerospace Broker Rebrands as ‘Piiq Risk’ with Spate of Key Hires
- Tokio Marine to Pay US$374M for Insurance Joint Venture with Brazil’s Caixa Bank
- U.K. Financial Services Firms Pay Record Taxes with Future Prospects Clouded by Brexit
- BHSI Taps AIG’s Browne as Ireland Country Manager, Head of Casualty, U.K. & Europe
- Brazil State Lender Caixa Gets Ready for IPO of Insurance Unit
- Manulife Financial’s CEO Apologizes to Employees for Executives’ Spoof Rap Video
- Update: Australia’s Firefighters Take Advantage of Cooler Weather to Help Quell Wildfires
- American Financial Group Decides to Exit Lloyd’s, Putting Neon into Run-off
- Tysers (a.k.a. Integro) Completes Acquisition of Specialist Lloyd’s Broker RFIB
- Pool Re Takes Steps to Make Terrorism Cover More Accessible to U.K. Businesses
- January 2020 Reinsurance Renewals Varied Significantly, Brokers Say
- Capsicum Re Launches Aviation Reinsurance Team, Led by Bell from AIG
- Guy Carpenter Promotes Saper as CEO of Pacific Region
- Arthur J. Gallagher & Co. Acquires Minority Stake in Malaysia’s SP&G Insurance Brokers
- Australia Sees No End to Unprecedented Wildfire Crisis
- U.K. Endures Record High Temperatures During 2010s
- Climate Change, Cyber Warfare Risks Are Key London Market Issues for 2020: IUA
- NFP Makes Canadian Leadership Changes, Including Promotion of Padovani as President
- Indonesia Flooding Forces Evacuation of More Than 400,000 People with 42 Deaths
- U.K. MGA Optio Buys Political Violence and Terrorism MGA, Newbridge Risk Partners
- Update: The Escalating Costs of Australia’s Wildfire Disaster
- Argo and Shareholder Voce Lay Down Their Swords, Agree to 3 New Board Members
- Allianz Buys U.K.’s LV General Insurance Group and Legal & General’s Non-Life Unit
- Indonesia Hit by Worst Flooding Since 2013, with Death Toll Rising
- Commercial Airplane Crash Deaths Drop by More than 50% in 2019: Aviation Consultant
- Australia Breaks Records for High Temperatures, Low Rainfall as Wildfires Keep Raging
- Insurance Journal’s Top 10 International Stories of 2019
International & Reinsurance News Archives
