International & Reinsurance News for May 2019
- Aon to Grow Partnership with CoverWallet for Small-Medium Business Market
- Philippine’s Yuchengco Offers Single App for Services from Insurance to Funerals
- Allianz Expansion Plan Includes $1 Billion for UK Insurers
- Opponents of Airport Expansion Plan to Use Drones to Close London’s Heathrow
- Facebook Rebuffed by Irish Supreme Court Over Data Transfer Case Referral
- Captive Insurers Grow Their Third-Party Business with Help from Digital Tools: Marsh
- Marsh FinPro’s Hopper Joins Starr’s Financial Institutions Practice for UK and Europe
- India’s Ambani Weighs Selling Reliance General Insurance to Reduce Debt
- Debt Insurance Staging a Comeback with Investors As Distressed Situations Increase
- Remembering Chernobyl As Nuclear Industry Seeks Role in Future of Sustainable Energy
- European Business Leaders’ Confidence Drops Over Brexit
- Amid Expense Allegations, Argo Shareholders Elect Board, Barely Approve Executive Pay
- Insurers Face Minimal Losses from Peru and Ecuador Earthquake: A.M. Best
- European Central Bank Calls for ‘Deeper Understanding’ of Climate Risks
- Maersk’s Blockchain Platform Gains 2 Large Shippers
- European Regulators Vow Independent Review of Boeing 737 Safety
- How Autonomous Vehicles Improve Traffic Flow
- New York Reclaims Top Financial Center Title from London
- Keyless Car Crime Drives 20% Hike in UK Motor Theft Claims in 1st Quarter
- Alibaba Plans $20B Listing in Hong Kong to Boost Technology Investments: Sources
- China’s Revamp of Anbang Insurance Includes Moving Business to New Company
- U.S. Court Clears Swiss Bank UBS in Whistleblower’s $20 Million Libel Suit
- Insurers Gaining, Banks Losing Ground in Finance, Says European Central Bank Governor
- China Financial Regulator Sees ‘Very Limited’ Impact from Trade War with U.S.
- CFC Designs New Broker Platform for Its Cyber Insurance Products
- VOOM Raises $5M to Expand On-Demand Insurance for Episodic Mobility Usage
- UK Prime Minister to Resign on June 7, Paving Way for Possible No-Deal Brexit
- Ransomware Attacks Skyrocketed in Q1: Beazley
- Generali to Sell Life Run-Off Portfolio of UK Branch to Reinsurance Group of America
- Deadly African Swine Fever Now `Endemic’ in Two Regions of China: UN
- EU’s Landmark Data Privacy Law, GDPR, Already Providing Global Standard
- Clyde & Co. Launches Connected Parametric Insurance Contract
- Argo Shareholder Voce Ends Battle over Board Members, Alleges ‘Underhanded Tactics’
- Verisk Reorganizes Geomni Business to Enhance UK and Europe Solutions
- Liberty Mutual Reinsurance Launches Operation Using Lloyd’s Mexico Platform
- Reinsurer SCOR Acquires Fund Manager Specializing in Insurance Linked Securities
- Allianz Invests in Canadian Robo Adviser Wealthsimple, Leading $75M Funding Round
- AGCS Offers Crisis Management Response Services with Its Pollution Liability Cover
- Generali in Early Negotiations to Buy MetLife’s Central European Assets: Sources
- Chemical Multinationals Must Stop Cutting Corners in Sourcing: Report on China Blast
- Fairfax Announces Death of CFO Bonham; Varnell Named Interim CFO
- Oil Tankers in the Persian Gulf Face Highest Risk Since 2005
- Armour Group Appoints Parry from Lloyd’s as Group Chief Financial Officer
- Wood-Panel Producer Norbord Halts Mill Production Following Alberta Wildfires
- Arthur J. Gallagher Buys Minority Stake in India’s Edelweiss Insurance Brokers
- Sompo International Taps Pützer from Amlin as Head of Financial Lines in Germany
- China’s Ant Financial Provides Health Coverage to 65 Million Clients for Pennies a Month
- Nigeria Raises Insurers’ Minimum Capital Requirement
- Vale’s Gongo Soco Mine Tailings Dam Faces 10%-15% Risk of Collapse: Brazil Official
- MS Amlin Acquires Stake in Specialist Reinsurance MGA Envelop Risk
- UK Financial Services Industry Will Emerge Stronger from Brexit: Gov’t Ministers
- Airlines Urge Nations’ Regulators to Avoid Competing Safety Rules
- Violations of IMO 2020 Emissions Rules for Shipping Could Hit Insurance Cover
- UK Risk Managers List Brand Damage, Brexit, Cyber Attacks as Top 3 Business Risks
- Driverless Electric Truck Delivers Freight on Public Road in Sweden
- HDI Global Specialty Taps Jackson from Neon as Head of Aviation and Space
- Thailand Intensifies Efforts to Stop ‘Pig Ebola’ from Crossing Border
- UK Companies Fed Up with Politicians as Cost of Brexit Uncertainty Mounts
- London Marine Insurers Expand Middle East Threat Zone After Saudi Ship Attacks
- Insurer Says Iran’s Guards Likely Facilitated Saudi Tanker Attacks: Reuters
- Brazil’s Vale Warns Another Mine Tailings Dam at Risk of Collapse
- Aon Makes Leadership Changes in Global Reinsurance Clients Team
- Jet-Powered Flying Taxi Completes Debut Flight Near Munich
- AM Best Affirms Ratings of Third Point Re While Revising Outlook to Negative
- Bank of England Warns Against Weakening Rules for Insurers, Banks After Brexit
- Boeing 737 Max Crashes Could Cost European Insurers $450 Million
- U.S. Blacklisting of China’s Huawei to Disrupt Global Technology Supply Chain
- Marsh’s Stevens Joins Victor Insurance to Lead International Business
- Munich Re Forms Global Partnership with Telematics Provider The Floow
- Generali’s Net Profit Rises 28% in First Quarter, Boosted by Asset Sales
- Oil, Gas Shippers Brace for Rise in Insurance Premiums After Saudi Ship Attacks
- London’s Marine Insurers to Assess Risk Level After Ship Attacks in Middle East
- Insurers Face Higher Claims from Severe Convective Storms in Germany
- Monsanto May Have Kept Private Data on Europeans to Influence Pesticide Views
- French Press Maker Denies Defect, Sues Starbucks for Product Disparagement
- Whistleblowers Trigger French Probe into Potential Nuclear Safety Fraud
- Turkey Raises Foreign Exchange Sales Tax on Insurance, Banking
- Aspen to Place UK MGA in Runoff, Closes Dublin Office and Makes Executive Changes
- Beazley Launches Affirmative Marine Cyber Cover
- Markel Int’l Taps Lazarus from Hiscox as Head of North American Property Reinsurance
- Some of April’s Costly Storms: U.S. Tornadoes, Canada Floods, Mozambique Cyclone
- Willis Towers Watson Updates Radar Pricing Tool with Governance, Security Features
- Storytelling Is Key Soft Influencing Skill, Says UK Consultant, Coach and Storyteller
- Allianz Posts Q1 Net Profit of $2.21B, a Small Rise from Q1 2018
- Lloyd’s Insurers Surpass Target for Electronic Risk Placements: Report
- Vietnam Culls More Than 1 Million Pigs as African Swine Fever Spreads Rapidly
- Guy Carpenter Announces Series of International Analytics, Advisory Appointments
- Arthur J. Gallagher Buys Swiss Broker Verbag Versicherungsberatungs
- Crash Victims’ Final Minutes Will Influence Financial Liability for Boeing, Insurers
- Lloyd’s Commissions Culture Survey to Help Raise Standards of Behavior
- G7 Countries Will Simulate Major Cross-Border Cyber Attack on Financial Sector
- Warning: Cyber Will Soon Cost Insurers More Than Natural Disasters
- Brazil’s Vale to Invest $2.5B in Technology to Prevent Mining Dam Disasters: Reuters
- Explosion on Oil-Industry Ship in Caspian Sea Injures 14 People
- Insurtech Investments Break New Records in Q1
- Third Point Reinsurance Names Malloy as CEO, Succeeding Bredahl Who Has Resigned
- Loss Estimate for Australia’s Townsville Flood Rises to A$1.041 Billion: PERILS
- AFL Insurance Brokers Promotes Bines as UK CEO
- El Nino Seen Lingering Through August
- Hub International Acquires Saskatchewan-Based Kelliher Agencies
- CNA Hardy Enhances Cyber Proposition for UK Clients
- Lloyd’s Invests in AI Startup Offering Liability Insurance Platform for Small Businesses
- Zurich Insurance on Track to Meet 2019 Targets, Sees Positive P/C Pricing Trends
- Guy Carpenter Names Senior Reinsurance Leadership Team to Further Integrate JLT Re
- Allianz Wins Shareholder Approval for New Executive Pay Policy
- Henchoz Succeeds Wallin as Hannover Re’s Chief Executive Officer
- Munich Re’s Q1 Profit Drops 23.5% on Higher Claims Payments from Previous Years
- Hackers Steal 7,000 Bitcoins Worth $40M from Cryptocurrency Exchange Binance
- Mining Giant BHP Faces $5B Damages Claim over 2015 Brazil Dam Disaster
- VW’s Porsche Unit to Pay $599M to End German Probe into Rigged Diesel Engines
- Singapore Ride-Hailing Firm Grab Eyes Spin-Off of Financial Services Unit: Sources
- Hub International Acquires Canada’s Clarity Benefits Group
- International General Insurance (IGI) Launches Intellectual Property Insurance
- Going to Court Over Losses When Robot Is to Blame
- Founder of London-Based Broker H.W. Wood Ltd. Dies
- WTW Taps Lockton’s Keville as Relationship Mgr in FINEX Financial Institutions Practice
- Update: Generali Eyes Acquisitions of Small and Medium-Sized European Insurers
- Indian State Seeks $14 Billion to Rebuild Homes, Infrastructure After Cyclone Fani
- Ryan Specialty Group and Nationwide Form Bermuda Reinsurer, Geneva Re
- Lockton MENA Promotes Khatib to CEO
- Ex-Executives at French Telecoms Group Orange on Trial over Wave of Staff Suicides
- Climate Change Threatens One Million Species with Extinction: Scientists
- Berkshire’s Buffett Wants to Do More Business in UK and Europe, Regardless of Brexit
- Aeroflot Plane Makes Fiery Emergency Landing at Moscow Airport, Killing 41 People
- Hamilton Re Promotes Ali to Senior Vice President, Risk & Analytics
- Legacy Acquirer DARAG Completes Purchase of DONAU Versicherung’s Italian Portfolio
- Deadly African Swine Virus Sends Shock Waves Through Global Food Chain
- Swiss Re’s Q1 Profit of $429M Hit by Natural Catastrophes, Boeing Crash
- Samsung Fire & Marine Insurance Takes Minority Stake in Canopius
- Powerful Cyclone Hits India’s East Coast, Forcing Evacuation of More Than 1 Million
- Talanx Acquires P/C Insurer in Turkey from Munich Re Subsidiary
- MS Amlin Launches Digital Trading Platform for Agricultural Motor Insurance
- London-Based EC3 Brokers Appoints Murphy from Integro as Head of Broking
- Insurance Broking Veterans, Led by McGill, Form Specialty Broker, McGill & Partners
- Canadian Banks, Insurers Tap Blockchain Technology to Verify Client Identities
- Arthur J. Gallagher Acquires Australian Insurance Broker AgriRisk Services
- Boeing Aims to Move Lion Air Crash Lawsuit from Chicago HQ to Indonesia
- WTW Names Richardson UK & Ireland Leader, Insurance Consulting & Technology Unit
- Lloyd’s Aims to Halve Costs as It Modernizes Market Over Next 5 Years
- Losses from Cryptocurrency Thefts, Fraud Surged to $1.2 Billion in Q1: Report
- Will UK Insurers and Banks Be EU Rule Takers or Rule Makers, After Brexit?
- Activist Hedge Fund Voce Urges Argo to Cut $100M in Expenses, Nominates Directors
- China Plans to Further Relax Rules for Foreign Banks and Insurers
International & Reinsurance News Archives
