International & Reinsurance News for February 2019
- AIG Sells Entire Stake in China’s PICC Group at a Discount
- HDI Global Specialty Acquires Neon Underwriting’s Bloodstock Team
- R&Q’s EU Program Manager, Accredited, Forms Partnership with UK MGA Stabilis
- U.K. Cyber-Security Startup Tessian Raises $40M to Support U.S. Expansion
- Brazil Senate Passes Dam Safety Bill After Vale Disaster; Insurance Provision Eyed
- UK Financial Markets at Risk of Disruption with Hard Brexit: Regulator
- Allianz, Generali & Liberty Mutual Vying to Invest in BBVA Bancassurance Arm: Sources
- Argo Shareholder Accuses CEO Watson of ‘Shockingly High’ Corporate Expenses
- Brazil Health Agency Says Weedkiller Glyphosate Does Not Cause Cancer
- China’s Biggest Oil & Gas Producer Halts Fracking After Series of Quakes
- Swedbank Money Laundering Scandal Deepens with Possible Ukraine Connection
- Brazil Tailings Dam Disaster Pushes Mining CEOs to Make Safety Changes
- Insurer Group Warns on Property Losses Due to Climate Change
- CFC Appoints Fletcher from Hiscox as Chief Technology Officer
- QBE Takes Another Step to Reporting Strong Results, Consistently, with 2018 Profit
- Investments in Insurtechs Rose in Q4 2018; Cyber Becomes a Focus
- U.K.’s Pool Re Sells Terrorism Risk Catastrophe Bond
- India’s New Web Rules Address Data Privacy, Commercial Liability
- Brazil to Announce Results of Safety Review of Weedkiller Glyphosate
- Britain Adopting EU Laws So Financial Firms Ready for ‘Any’ Brexit Outcome, Says Minister
- Commercial Insurance Prices Rose 2% in Q4: Marsh Global Index
- Ping An Insurance Readies $8 Billion IPO of Fintech OneConnect
- China Regulator Tells Banks, Insurers to Do More for Private Firms
- Unpicking the Complicated Finances of UK Insurance Exec, Pro-Brexit Donor Banks
- Brazil Prosecutors Seek Arrest of Vale Executive after Tailings Dam Disaster
- Belgium’s Ageas Acquires 40% Stake in Indian Non-Life Insurer RSGI
- Millions in China Penalized Under Communist’s ‘Social Credit’ System
- Vatican Said to Be Changing Law Shielding Bishops Who Hide Sex Abuse
- 2 CATCo Executives Sue Markel Over Firing; Claim They Are Owed $77 Million
- U.S. Working with Mexico, Canada to Block African Swine Fever
- China Regulator to Retain Control of Anbang Insurance Group Until Next Year
- Financial, Reputational Costs of Cyber Attacks Can Ruin Small, Medium Firms: Chubb
- Arch Capital Group Names Englesbe as Chief Risk Officer
- Scandinavians Stunned over Region’s Growing Money Laundering Allegations
- UK Prime Minister to Be Forced to Request 3-Month Brexit Delay: EU Sources
- Lloyd’s Chairman Carnegie-Brown Reflects on Life of Former Chairman Rowland
- Built on Organic Growth, S. African Insurer Discovery Now Weighs M&As
- ‘Sextortion’ Is Emerging Cyber Risk for Businesses, Warns Beazley
- Global Broking Network Brokerslink Appoints Gavriel as European Regional Manager
- Estonia Probes Allegations Swedbank Linked to Danske Money Laundering Scandal
- Swiss Re 2018 Net Profit Rises 27% Despite Spate of Natural, Man-Made Disasters
- AXA Reports 66% Drop in 2018 Net Profit on U.S. Unit’s IPO Costs, Natural Disasters
- UK to Extend No-Fly Zone for Drones Flying Near Airports
- Crypto Startup BitGo Offers Insurance Against Quadriga Cold-Wallet Debacle
- Hong Kong Insurer FWD Hires Ex-Deutsche Bank Dealmaker as M&A Adviser
- Aviva Gets Court Approval to Move Assets to Ireland as Part of Wider Brexit Wave
- SCOR Names Conoscente CEO of SCOR Global P&C, Succeeding Peignet
- SCOR’s Net Profit in 2018 Rises 13% Despite Spate of Q4 Natural Disasters
- UK Probe of Wholesale Brokers Finds No Evidence of Anti-Competitive Behavior
- Allianz Targets Tech, Insurance Investments with $1.1B Venture Capital Fund
- A.M. Best Makes Senior Management Changes, Restructures Organization
- VW Wins Diesel Emissions Case in Germany Brought by Customer Who Plans Appeal
- Apollo Global Management Completes Acquisition of Aspen Insurance
- JBA Broadens Access to Sri Lanka Flood Model to Help Bridge Protection Gap
- Facebook Broke Data Privacy Rules, so Self-Regulation Must End: UK Lawmakers
- Lloyd’s Managing Agency Antares Appoints Battle as Chief Executive Officer
- UK-EU Negotiators Work to Find Brexit Deal Compromise with Time Running Out
- Asia-Pacific SMEs Are Over-Confident About Their Cyber Preparedness: Chubb
- Insurtech-Driven MGA, Agile, Appointed as StarStone Partner in Australasia
- What’s Next for Brexit? Options Include Disorderly, Delayed or No Brexit
- Hub International Acquires Assets of Toronto-Based Firstbrook Pointon Benefits
- Insurer Lancashire to Use Lloyd’s EU Hub in Brussels After Brexit
- UK PM May Scrambles to Find Brexit Compromise as Clock Ticks Down
- Allianz Q4 Net Profit Rises 19% to $1.92 Billion
- Dubai International Airport Suspends Flights over Suspected Drones
- Chubb Appoints Bryant as Head of Financial Lines, Continental Europe
- Fitch Upgrades Mitsui Sumitomo Insurance to ‘A+’
- China’s Ant Financial Buys UK Payments Company WorldFirst
- Dubai Ride-Hailing Firm, Careem, Provides Accident Insurance for Drivers, Passengers
- MS Amlin Launches Comprehensive All-Risks Policy for UK Tech Sector
- UK Insurer Aviva Prepares for ‘Hard Brexit’ by Transferring Assets from UK
- EU Markets Regulator Seeks Rapid Response Powers for Post-Brexit Problems
- Vale’s Senior Management Unaware of Dam Risk Report, Says CFO
- Uber’s London License Faces New Legal Challenge as Cab Drivers Fight Back
- MGU Lodestar Marine and Aspen Insurance Form Agreement to Provide P&I Cover
- Munich Re’s India Partner Weighs Selling Health Insurer Stake: Sources
- UK’s Pool Re Extends Terrorism Cover to Include Non-Damage Business Interruption
- Ascot and Beazley Launch $50M Insurtech-Linked Cargo Consortium for SMEs
- Sirius Int’l Is Insulated from Liquidity Issues at Chinese Parent Firm CMIG: S&P
- AXA XL Merges European Teams with Job Losses Expected
- Brexit Takes a Heavy Toll on UK Economy: Office for National Statistics
- Pacific Ocean’s El Niño Likely to Continue into Summer: Japan Weather Bureau
- Firefighters Gain Upper Hand over New Zealand Wildfires; Evacuees Return Home
- Brazil Miner Vale Knew Its Tailings Dam Had Higher Risk of Collapse: Reuters
- Aon Appoints Lambrou as Global CEO of Commercial Risk Solutions
- A CEO Needs to Paint a Picture of What ‘Good’ Looks Like: QBE CEO Regan
- Brexit Uncertainties Create Potential Legal Nightmare for UK Exporters
- January’s U.S. Storms, Australia Floods Bring Economic Damages Near $2B: Aon
- Sanctions Against Sudan Are Lifted but Insurers Still Can’t Buy Overseas Reinsurance
- Quadriga’s Frozen Cryptocurrencies Highlight Canada’s Regulatory Vacuum
- One-Third of Himalayan Glaciers at Risk from Climate Change: Study
- Chubb Names Graswinckel as Segment Leader, Major Accounts, Continental Europe
- World’s Automakers Face Massive Disruption from Car Sharing Phenomenon
- Ed Appoints Willis Towers Watson’s Skaanild to Professional & Executive Risk Team
- UK’s Integro Offers Piracy Protection Cover for Entertainment Industry
- Artificial Intelligence Startups Win Zurich’s 1st Global Insurtech Competition
- Zurich Insurance Reports 24% Jump in 2018 Net Income Driven by Life, P/C Units
- Danske Bank Investigated by French Authorities for Suspected Money Laundering
- Dutch Authorities Raise Number of MSC’s Containers Lost in North Sea Storm
- Judge Pauses Lawsuits Against Crypto Exchange as It Hunts for Missing Password
- London’s Electronic Placements via PPL Exceeded Targets During Q4 2018
- UK’s Ocado Expects Total Loss of $58M Distribution Center After Huge Fire
- Finland’s Sampo Names Magnusson as CEO and President, Succeeding Stadigh
- French Court Considers Decade-Old Case Against Monsanto for Safety Failures
- Uber Faces $1.3B Tax Suit in UK from Lawyer Who Won Major Brexit Ruling
- Ex-CEO of QBE N. America Duclos Named Non-Exec Chairman of Lloyd’s Global Network
- Sirius Group Appoints Oberting as CEO, Salamone as CFO
- Audit of Burst Brazil Tailings Dam Raised Concerns over Drainage, Monitoring
- Volvo’s Autonomous Car Venture to Begin Testing on Swedish Roads
- UK Online Grocer Ocado Warns of Sales Hit from Fire at Robotic Distribution Center
- Munich Re Reports 56% Drop in Q4 Profit on Spate of Natural Disasters
- Being Independent, Nimble and Niche: Keys to SSL Endeavour’s Aim to Put Clients First
- Australia Inquiry into Financial Sector Scandals Seen to Give Reprieve to Banks
- Once Known as the ‘Bond King,’ Gross Retires After 40-Year Career
- Crypto Exchange Founder Dies, Along with Sole Password to Access $200M
- Swiss Re Partners with Insurtech Firm OZON, Offering Cyber Risk Solution in France
- Update: SCOR CEO Says Activist Fund Criticisms of Covea Tactics Constitute Slander
- Chubb Launches Media Industry Practice for UK and Ireland
- UK’s Financial Services Industry Still Unscathed from Brexit Uncertainty: Reuters
- UK Corporates Readying for ‘Hardest of Brexits’: Deloitte Survey
- Lloyd’s Taps Keese from Allianz as Chief Financial Officer, Succeeding Parry
- Italy’s Banks Look to Sell P/C Insurance as New Source of Revenues
- Insurance Council of Australia Declares Catastrophe for Queensland Floods
- Australia Sweltered in January Through Hottest Month on Record
- Japan Insurers Eye China Acquisitions in Continuation of Overseas Deal Spree
- Australia to Shake Up Financial Sector After Inquiry Shows Widespread Wrongdoing
- UK’s Eldon Insurance, Owned by Brexit Donor Banks, Fined for Data Misuse
- Insurance Linked Securities Market Grows to $93B in 2018: Willis Re
- Brazil’s Burst Dam Disasters Blamed on Cheap Storage of Mining Waste
- Zurich Canada Names Sommer as Head of Operations
- BGC Partners Completes Acquisition of UK’s Ed Broking Group
International & Reinsurance News Archives
