International & Reinsurance News for October 2020
- Insurance CEO Who Was Once a Man Brings Unique Gender-Equality Perspective
- It Would Take P/C Insurers 150 Years to Pay COVID-19 Business Interruption Losses
- Reinsurers’ Investment Strategies Offer Buffer for Low Interest Rates, Pandemic: S&P
- The Coronavirus Pandemic and The Great Workplace Debate: Viewpoint
- WHO to Form COVID Insurance Scheme for Vaccine Side-Effects in Poor Nations
- New Storm Takes Aim at Philippines, Just Days After Devastation of Typhoon Molave
- Typhoon Molave Slams Vietnam, Killing at Least 16: News Report
- James River Names Former Allied World Executive D’Orazio as CEO, Succeeding Abram
- Facebook Faces UK Legal Action Involving Cambridge Analytica Scandal
- More Firms Need to Disclose Potential Financial Hit from Climate Change: Regulator
- Q3 Insurtech Fundraising Breaks Records, but Some Mid-Tier Firms See Funding Gap
- Ant Group Is About to Shatter IPO Records. Here’s Why.
- London Must Clarify How Far It Will Diverge from EU Financial Rules: EU Official
- The Next Global Economic Threat Is an Aging Population: Opinion
- Slabbert Succeeds Clementi as Chief Executive Officer of MS Amlin Underwriting Ltd.
- Marsh Appoints Klint as Risk Management Segment Leader for Continental Europe
- Typhoon Molave Heads to Vietnam After Killing at Least 9 People in Philippines
- Insurers Face Liability Uncertainties as Ships Begin to Sail Through Arctic Waters
- China’s Ping An Insurance Reports 7.74% Hike in Q3 Profit
- UPDATE: Tropical Storm Zeta Makes Landfall in Mexico, Threatens U.S. Gulf Coast
- Investors Shrug Off U.S. Concerns as China’s Ant Group Nears $34.4 Billion IPO
- Canada’s Brookfield Business Partners to Buy Remainder of Insurer Genworth for $1.2B
- Coverys European Holdings Acquires Bridge Insurance Broker in Italy
- BP Evacuates Staff from 4 Gulf of Mexico Oil Platforms as Tropical Storm Zeta Intensifies
- Mining Giants BHP, Vale Accused of Colluding to Cut Payouts to Victims of Dam Collapse
- Big Tech Lobby Seeks EU Liability Cover to Tackle Hate Speech, Illegal Content
- Australia’s Westpac Takes A$1.2B Charge Against Q2 Earnings for Laundering, Refunds
- More Companies Turn to Captives as Rates Rise, Terms & Conditions Tighten
- Update: Italy’s Tax Police Raid Offices of Generali in Probe About Insurance Contracts
- Chubb Canada’s President Moore to Retire, Succeeded by Alfieri
- Everest Re Estimates Third Quarter 2020 Catastrophe Losses of $300 Million
- QBE Appoints Pryce as Interim Group CEO After Regan’s Forced Exit in September
- Bayer’s Monsanto Loses Final Appeal in French Farmer’s 2004 Weedkiller Accident
- Hurricane Epsilon Bypasses Bermuda and Heads into North Atlantic
- Top African Insurer Sanlam Refocuses on Home Market After 2018 Acquisition Misfires
- PartnerRe Appoints Hiscox’s Hughes as CEO Third Party Capital
- Argo Group Estimates $71M in Catastrophe, COVID Losses During Third Quarter
- Talanx Acquires Italian Non-Life Insurer Amissima
- Hurricane Epsilon, 10th of Season, Expected to Approach Bermuda Tonight
- Lloyd’s Approves Syndicate-in-a-Box, Picnic Syndicate 2460, to Support Mutuals
- China’s Ant Group Wins Final Nod from Securities Watchdog for $35B IPO
- Insurers Drop Appeal Against UK Court Ruling on 3 COVID Business Interruption Policies
- Munich Re Reports €800M of COVID-19-Related Losses During Q3
- Mexico Government Could Absorb Some Liabilities Arising from COVID-19 Vaccine
- Nearly 50% of UK Firms Less Prepared for Brexit Because of Coronavirus: Survey
- Chubb Names Forman from Swiss Re as Casualty Manager for UK and Ireland
- Brokerslink Expands Global Network with Affiliates in Central America, APAC and Africa
- COVID-19 Crisis Accelerates Labor Shift from Humans to Robots: WEF Survey
- Hiscox Appoints Former Hamilton Executive Reardon as CEO of Hiscox Re & ILS
- Enstar Offers $34.50 per Share for Watford Holdings, Surpassing Arch Capital’s Bid
- Tropical Storm Epsilon Grows in Strength as It Heads Toward Bermuda
- HDI Global Specialty Enters German Fine Art, High Net Worth Market with Hire from AXA
- Post-Brexit Reality: Europe Will Still Need London for Finance and Business – Opinion
- Japan to Take Countermeasures to Prevent Cyber Attacks from Derailing Tokyo Games
- Aspen Names Hiscox’s Rai as Head of Claims for Aspen Ins. UK, Aspen Managing Agency
- Insurance Losses for April’s Queensland Hailstorms Estimated at A$604M: PERILS
- BHSI Introduces D&O Liability, Professional Indemnity Policies in Dubai, Middle East
- Bank of England to Require Company Disclosures on Climate Risks
- UK Data Protection Watchdog Slaps Biggest-Ever Fine on British Airways
- UK Should Adjust Rules for Financial Services to Stay Competitive After Brexit: Study
- AXA Completes €1B Sale in Central, Eastern Europe Business to UNIQA
- New Unicorn Wealthsimple Plans Insurance, Mortgage Products Buildout Before IPO
- France Plans €20 Billion in State-Backed Loans to Avoid Small Firm Failures
- MGA DUAL Plans to Use Its Own Underwriting Capital Alongside Capacity Providers
- INSTANDA Launches Cyber Insurance Product in Africa
- Lack of Clarity on Liability Could Cause Delay with WHO Coronavirus Vaccine Drive
- G7 Leaders Vow to Combat Surging Ransomware Attacks Against Financial Services
- Watchdog Finds Big Drop in Enforcement Against Foreign Bribery Since 2018
- Guy Carpenter’s Massingham to Join Lockton Re Marine, Energy Division in London
- Nokia COVID Detection System Automatically Scans for Employees’ Temperature, Mask
- EU Leaders to Pressure Britain for Trade Concessions in Troubled Brexit Talks
- Rooke Appointed Director of Climate Transition Risk at Willis Towers Watson
- Factbox: Insurers and Banks that Have Shunned Canada’s Oil Sands
- Pirate Kidnappings in Waters Off Coast of West Africa Rise by 40%: Study
- Munich Re Forms Partnership to Help Create ‘Pay-Per-Part’ Model for Manufacturers
- AXIS Capital Estimates Q3 Pre-Tax Catastrophe Losses of $225M-$255M
- Arch Capital Group Estimates Q3 Natural Catastrophe Losses of $190M-$210M
- RenaissanceRe Estimates Net Negative Impact of $325M from Q3 Natural Catastrophes
- Climate Change Will Increase Weather Disasters and Need for Humanitarian Aid: U.N.
- Nearly 9 of 10 Workers Want to Maintain Option to Work from Home: Survey
- Private Equity Investor BP Marsh Increases Stake in EC3 Brokers
- The Impact of Political Risks on Businesses
- ArgoGlobal Announces Reinsurance-to-Close Deal with Legacy Specialist RiverStone
- BHSI Hires Kidd from AIG as Head of Third Party Lines in Ireland
- $5 Trillion Investor Group Aims to Align Portfolios with Paris Climate Agreement
- Tropical Storm Nangka Forces Suspension of Markets in Hong Kong
- With Tech Tools Galore, It’s an Exciting Time for Insurtech McKenzie Intelligence
- Generali Global Corporate & Commercial Names Moore as UK Branch General Manager
- Swiss Re and Daimler Launch Jointly Owned MGA to Offer Auto, Mobility Insurance
- Container Shipping Group CMA CGM Restores Online Business After Cyber Attack
- NFP Acquires UK-Based P/C Broker Ernest R. Shaw Ltd.
- Lloyd’s Reviews Product Design of Insurance Contracts in Response to COVID-19
- UK’s Post-Brexit Privacy Protections Fail EU Data Protections, Activist Warns
- Insurers Remain Unfazed by Risks of Clinical Trials for COVID-19 Vaccine
- Bank of England Sees Few Threats to Financial Stability from Brexit
- Arch Capital Bests Enstar with Offer to Acquire Watford for $622 Million
- From Wildfires to Sally to China Floods, September Was a Disastrous Month
- UK Financial Services Firms Become More Optimistic, Says Business Survey
- Nigerian Insurance Market Faces Challenges to Realize Its Potential: AM Best
- Employees Say Rules at Britain’s Banks Block Use of Contact Tracing App
- Hub International Acquires Ontario’s Mumby Insurance Brokers
- London Company Market Grew 10% in 2019
- Analysts Say U.S. Restrictions Unlikely to Hurt Ant Group’s $35 Billion IPO
- Exiting Insurers, Premium Hikes Frustrate Canada’s Struggling Hospitality Industry
- Hedge Funds Returning to Insurance as Premiums Rise
- Howden’s Acquisition of A-Plan Group to Create One of UK’s Largest Brokers
- Hackers-for-Hire Group Targets Officials, Activists, Executives in Middle East
- How Coronavirus Is Changing Claims, Risks, Work, Habits, Supply Chains and More
- EU Climate Service Says September Was World’s Warmest on Record
- Category 3 Hurricane Delta Hits Mexico; Expected to Strengthen, Then Move to U.S.
- EU Sources Say Brexit Deal with Britain on Social Benefits ‘Closer’: Reuters
- German Lawmakers Agree to Corporate Accounting Reforms After Wirecard Scandal
- Top EU Court Rules Mass Spying on Phone, Internet Data Is Unlawful
- Allianz CEO Cautions European Governments on Spending for Coronavirus Recovery
- Hub International Buys Canadian Benefits Consultancy Firm, Clearpoint
- The New Digital Normal and the Future of Work in Reinsurance
- Legacy Reinsurer Premia Agrees to Buy Navigators Holdings (Europe) from The Hartford
- Enstar Offers to Purchase Watford Holdings for $620 Million
- SCOR Global P&C Restructures with Aim to Be More Responsive on Regional Basis
- Westland Insurance Acquires 2 Brokerage Firms in Alberta, Canada
- Harris Joins QBE as CEO of International Division
- UK Insurer LV= in Exclusive Talks with Bain Capital About Possible Deal
- UK Business Interruption Test Case to Get Fast-Track Appeal at Supreme Court
- UK Insurtech Zego Partners with 2 Independent Broker Networks to Expand Fleet Offering
- Generali Completes Legal Merger of Subsidiaries in Portugal
- UK MGA Manchester Underwriting Mgmt Buys Renewal Rights of Pinpoint Underwriting
- Russia-Backed Hackers Behind Most Nation-State Cyber Attacks: Microsoft
- Argument in London Pub Between U.S., British Agents Is Focus of UK Employment Suit
- White Mountains to Buy 72% Stake in Lloyd’s Insurer Ark for Growth in Hardening Market
- Sirius Restructures Management of Global Business Technology Team
- Pandemics Surpass Climate Change as Biggest Worry for Insurance Professionals: Study
- Sedgwick Acquires Portuguese Loss Adjusting and Claims Management Firm
- More Than 7,500 Financial Services Jobs Move to Europe from London: EY Brexit Tracker
- France Urges Parts Review After Airbus A380 Engine Blowout Caused by Metal Fatigue
- UK COVID-19 Insurance Dispute Could Be Heading to Supreme Court as Talks Falter
International & Reinsurance News Archives
