International & Reinsurance News for December 2018
- Empty Oil Tanker Catches Fire Near Cyprus; Crew Members Treated for Burns
- Tropical Storm Usman Becomes Philippines’ 2nd Deadliest Weather Disaster in 2018
- 3 Men Convicted in Britain of Murder During Insurance Fraud
- Generali Hikes Stake in Indian Insurance Joint Venture to 49% from 25.5%
- China Re Completes Purchase of Chaucer Holdings from Hanover Insurance
- Top Insurance Journal International Stories of 2018
- Global Gender Pay Gap Improves Slightly but Will Take Many Years to Close: WEF
- New South Wales Hailstorm Triggers Australia Catastrophe Declaration
- UK Watchdog’s Fines Against Insurers, Banks Drop by 75% in 2018
- BMW to Be Fined $10M for Engine Fires in Korea
- Obstacles to May’s Brexit Deal Can Be Overcome with EU Clarification: UK Minister
- Uber Pledges to Fight UK Court Decision that Drivers Should Be Treated as Workers
- Spain Supreme Court Orders $1.7B Compensation for 2002 Prestige Oil Spill
- Underestimating Climate Change Risks Could Hit Investors: Opinion
- Singapore’s EF Marine Forms Capacity Deal with Swiss Re Corporate to Offer Fixed Premium P&I Cover
- Indonesia Volcano Alert Widened as Ash Clouds Affect Aviation After Deadly Tsunami
- UK Business Confidence Sinks as Risk of No-Deal Brexit Grows: Report
- Marsh Launches China Desk in Dubai to Tap Growing Business Links
- Japan Insurance Group MS&AD to Raise Stake in Swiss Re’s UK Unit ReAssure
- Neon Underwriting Promotes Butt to CEO, Washington to Managing Director
- Miller Completes Acquisition of London Re/Insurance Broker Alston Gayle
- London’s Gatwick Airport Reopens After Drones Cause 36 Hours of Travel Chaos
- Post-Merger, Marsh-JLT Specialty Leaders Announced for UK & Ireland
- UK MGA Nexus Acquires Hiscox Global Flying
- Rottiers Appointed as CEO of Lloyd’s Brussels
- Most UK Insurers, Banks, Financial Firms Will Lose EU Access with No-Deal Brexit
- Cryptocurrency Industry Struggles to Buy Insurance, Hindering Growth Goals
- London’s Gatwick Airport Suspends Flights on Multiple Drone Sightings
- Marsh Makes Post-JLT Merger Leadership Appointments
- Australia Court Narrows Class-Action Suits Against BHP over Brazil Mine Disaster
- Charman Promoted to CEO, Sompo Holdings Overseas Insurance; Frudd Named Int’l CEO
- UK Household Insurers, Banks Face Action for Overcharging Customers
- German Firms Warned About Rising Threat from Chinese Hackers: Report
- RenaissanceRe Introduces Vermeer, New Reinsurer for U.S. Catastrophe Market
- More Global Companies Offer 4-Day Work Week as Stress, Burnout Levels Rise
- Harris to Head Argo International Operations; Hernandez Takes on Strategic Initiatives Role
- Global Insured Losses From Disasters at $79 Billion in 2018: Swiss Re Sigma Estimate
- Britain Begins to Ramp Up Planning for No-Deal Brexit
- Insurance Tech Firms Prima Solutions and Effisoft Complete Merger
- Global Anger Finally Seems to Be Getting China to Open Up Markets: Viewpoint
- Reports Call for Reducing Big 4 Accounting Firms’ Dominance in British Company Audits
- Swiss Re Appoints Hodges as CEO at ReAssure to Lead on Expected IPO
- EU Regulator Says Insurers Pass Stress Tests
- Drugmaker Eyes Reinsurance to Lower Costs, Reports Financial Times
- Zurich to Shift $2B of UK Legacy Employers’ Liability Policies to Catalina
- Latest Edition of AMA Guides Lowers Impairment Ratings in Workers’ Compensation
- S&P Upgrades Outlook for AXIS
- AnaCap Equity Firm to Sell French Broker AssurOne Group
- UN Talks Seeking Climate Rulebook Reflect U.S.-China Tension
- Markel’s Maher Joins AXIS Cyber Team
- Possible Drone Strike on Aeromexico Jetliner Under Investigation
- Slice Now Offering On-Demand Insurance Cloud Services Platform to Insurers in UK, EU
- Average World Temperatures to Far Exceed Paris Climate Agreement Goals: Report
- Most UK SMEs Don’t Understand Risks of Cyber Attacks, Data Loss: Aon Poll
- Gallagher Bassett Acquires UK-Based Property Claims Management Services
- Italian Oil Services Firm Saipem Blames Cyber Attack on Shamoon Virus Variant
- UK Fintech Startup Revolut Gets EU Banking License in Lithuania
- UK Prime Minister Survives Confidence Vote but Party Is Bitterly Divided
- Gallagher Buys IBS Re Singapore, 40% Stake in Indonesia’s IBS Insurance Broking
- Starr Insurance Cos. Expands Aviation Insurance Operations to Brazil
- Brit Partners with Schillings Critical Risk to Create Kidnap-for-Ransom Offering
- Florida-Based Broker Coin Re Taps Barbican’s Crichton as EVP in London
- SoftBank, Alibaba Lead $1.1B Investment in Indonesia E-Commerce Firm Tokopedia
- Brexit to Cause Irreversible Damage to UK Financial Services, Say Industry Leaders
- Brexit Uncertainties Heighten as UK Prime Minister Faces Vote of No Confidence
- Sweden’s Wildfires Highlight Cost of Rapidly Changing Climate in Europe
- WTW Taps Rowley from Brit, Harvey from Aon to Boost London P/C Arm
- Bureaucratic Disputes, Funding Problems Hinder Search for 2nd Lion Air Black Box
- Cyber Attack Targets Italian Oil-Services Firm Saipem
- Willis Towers Watson Launches New Version of Radar Pricing Software
- S. Africa Lender FirstRand Aims to Offer Services Such as Insurance
- UK Prime Minister Defers Brexit Vote, Raising Risk of No Deal
- Ed Broking to Open Bermuda Operation
- Draycott Named CEO of Ed Broking in Preparation for BGC Partners’ Purchase
- Gallagher Buys Boston Marks Group with Offices in N. Zealand, Australia, UK & U.S.
- BHSI Withdraws from Hong Kong Employees’ Compensation Terrorism Pool
- Liberty Mutual Forms $1B Risk-Sharing Deal with OPIC, Expanding Public Sector Portfolio
- Peak Re Launches Asian Reinsurance Sidecar Deal Using Bermuda Special Purpose Insurer
- UK Can Reverse Brexit Process, Rules Top EU Court
- Boeing Defends 737 MAX Planes as Safe Amid Calls for More Pilot Training
- Swiss Re Corporate Names Aerni as Global Head Casualty, Financial, Professional Lines
- CEO Legrand Exits Brokerslink
- Gallagher Acquires UK Commercial Broker Pavey Group
- Emails Released in U.K. Probe Show How Facebook Wielded Users’ Data
- Post-Brexit Free Trade Would Still See U.K. Insurance Services Exports Fall 19%: Think Tank
- Horton Heads Ironshore Bermuda Rebranded as Liberty Specialty Markets
- EU Lawmakers Target Big Tech Firms’ Unfair Business Practices
- EU Court Ruling on U.K. Right to Reverse Brexit Expected Dec. 10
- Chinese Manufacturer Ninebot’s Dominance Has Startups Sharing Scooter Product Risks
- U.K. Food Delivery Service Riders Lose Employment Rights Bid
- Generali Acquires Alternative Asset Management Firm CM Investment Solutions
- How Nations Rank for Climate Risk Measures
- Climate Risk Index Shows Rich and Poor Nations Threatened by Devastating Storms
- AIG Appoints MetLife’s Shah as Asia Pacific CEO
- Dutch Man, 69, Who Self-Identifies as 49, Loses Bid to Change Official Age
- EU Bank Reform Includes Insurance, Bad Loan, Other Sweeteners
- Pros and Cons of the Rise of Online Insurance Platforms: Geneva Association
- EU Court’s Non-Binding Ruling Says U.K. Can Reverse Brexit
- Verisk to Acquire London Market Pricing Software Firm Rulebook
- Ping An Insurance-Backed Financial Tech Firm Lufax Raises $1.3 Billion
- ArgoGlobal Names Aspen’s Lucas as Chief Actuary, International
- Macquarie Pursues 3-Way Joint Venture in China Under New Rule
- Allianz, Mitsui Sumitomo Bidding for Malaysia’s 2d Biggest Car Insurer
- G20 Skirts Taboos in Reaching Agreement on WTO Reforms
- Gas Leak Caused Explosion That Killed 23 at ChemChina Plant
International & Reinsurance News Archives