International & Reinsurance News for September 2017
- Generali in Germany Launches Next Phase of Restructuring Program
- Beazley to Manage Data Breaches for Generali Brazil’s Cyber Insurance Clients
- Climate Researchers Warn of Hotter Summers, More Wildfires, in Southern Europe
- Economic Costs of Mexico’s Earthquake Could Surpass $2B
- RMS Estimates Hurricane Maria’s Insured Losses Will Range Between $15B and $30B
- Chubb Enters Bancassurance Distribution Agreement with Singapore’s DBS Bank
- Beazley Estimates $150M Earnings Hit From Hurricanes, Earthquakes
- PERILS Raises Insured Loss Estimate for Cyclone Debbie to A$1.7B (US$1.34B)
- Top Challenges for London’s Re/Insurers Are Soft Market, Brexit, Regulations: IUA
- Update: Lloyd’s of London Reports 16% Drop in H1 2017 Profit to $1.6B
- Global Reinsurers to Bear ‘Significant Share’ of Hurricane Maria Claims: A.M. Best
- Berkshire Hathaway’s Gen Re Plans to Expand in Indian Market
- EU Regulator Warns UK Insurers to Avoid ‘Fronting’ in Post-Brexit EU HQs
- Saudi Decision to End Women’s Driving Ban Boosts Auto Insurers’ Shares
- Allianz Partners with Cyence to Expand Capabilities in Cyber Risk Analysis
- Japan Court Rules Tepco, not Government, Must Pay $3.4M to Ex-Fukushima Residents
- China’s Former Insurance Regulator Faces Criminal Charges
- Mexico Calculates Economic Cost of Quake; Insurance Covers Small Part of Losses
- Mounting Catastrophe Claims Could Weaken Re/Insurers’ Capital Reserves: Fitch
- Dubai Stages First Public Test of Drone Taxi Service with Electric Volocopter
- UK SMEs Face BI Coverage Gaps After Terrorist Events: Pool Re Report
- Ironshore’s New Iron-Excess MGA Is Based on Iron-Starr Excess Agency Model
- Uber CEO Apologizes to Londoners for Taxi App’s Mistakes
- Pioneer Underwriters & Lloyd’s MGA Asta Get Initial Nod to Set Up Lloyd’s Syndicate
- Insured Losses in Caribbean from Hurricane Maria Estimated at $40B-$85B: AIR
- Lloyd’s Appoints SCOR’s Mitchell-Wallace as Head of Risk Aggregation
- AXIS Capital to Complete Acquisition of Novae Group in October
- Deloitte Targeted by Hackers Accessing Data From Internal Email Platform
- Chubb’s Launches Business Pack Insurance for Australian SMEs
- S&P Assigns Odyssey Re Europe with ‘A-‘ Rating, Stable Outlook
- Lloyd’s Broker AFL Creates Energy Practice Led by Quick & Pearce from Tysers
- Japan Post’s Stock Sale Raises $11B, but Demand Is Subdued
- Bank of England Seeks Brexit Deal to Cover Derivative, Insurance Contracts
- U.S. and EU Sign Covered Agreement on Insurance Regulation
- XL Catlin in Iberia Taps Marsh’s Herrero as Head of Political Risk, Credit & Bond
- London Decides to Strip Uber of Its License; Uber Will Appeal
- Natural Disasters Begin to Hit Profits of Global Reinsurers
- Russia National Reinsurance Co. to Expand into China, India, Middle East & Africa
- MGA Agora Receives ‘in Principle’ Approval to Set Up Lloyd’s Syndicate
- Employer Leadership in Disaster Recovery and the Power of Return-to-Work
- Liberty Specialty Markets Appoints Hobbs, Winkel, Short & Smith to Senior Roles
- PartnerRe Forms Partnership with Fintech Money Transfer Specialist, RemitRadar
- Global Reinsurers Face Exposures to Mexico City Earthquake: Morgan Stanley
- Talanx Warns 2017 Profits Could Be Hit by Hannover Re’s Catastrophe Claims
- AIA Buys Commonwealth Bank of Australia’s Life Insurance Business for A$3.8B
- Unemployment Is Top Business Risk, Says WEF Survey, Published by Zurich, Marsh
- AXA Continues Search for Fund Management Partner
- XL Catlin Adds EPLI, Cyber Coverage for Design Professionals in Canada
- A.M. Best Warns on Hurricane Maria Impact on Caribbean/Puerto Rican Insurers
- Papadopoulo to Succeed McElroy as CEO of Arch Worldwide Group; Rajeh Moves to CEO Worldwide Reinsurance
- XL Group Picks Dublin for Post-Brexit EU Headquarters
- Search for Survivors Underway after Mexico Earthquake; Hundreds Killed
- EU Seeks More Control Over Insurers and Financial Sector
- Ed Names Jani Chief Executive for Middle East, North America, India
- Qatar Insurance Closes UAE Branch as Diplomatic Crisis Continues
- Insurers Hope Insurtech Will ‘Nudge’ Customers to Less Risky Behaviors
- Chinese Insurer ZhongAn Initiates $1.5 Billion Hong Kong IPO
- Category 5 Hurricane Maria Slams Dominica on Way to Virgin Islands, Puerto Rico
- How One German Company Is Making Workplace Robots Safer for Humans
- Audi Goes Full Speed on Automated Driving, While Competitors Wary of Liability, Regulation
- Britain to Lose Out on 10,000 Finance Jobs in First Wave of Brexit Reaction: Reuters Survey
- Hurricane Maria Speeds Up, Threatening Already-Battered Caribbean Islands
- How New EU Rules Make It Tougher for Insurers, Hedge Funds to Manage Currency Risk
- AIA and Zurich Make Separate Bids for Australian Insurance Businesses: Reuters
- Standard Chartered Meets with British Authority Overt Indonesia Bribe Allegations
- Axa Eyes Options for European Asset Management Unit
- Harvey and Irma Jeopardize 2017 Earnings, Says Munich Re
- Chubb Appoints Parchment to Head European Personal Risk Services
- After Months of Development, B3i’s Blockchain Prototype Is Ready for Testing
- Hub Acquires Delisle Agencies of Canada
- EU Looks to Strengthen Cyber Defenses
- Sciemus Partners with HSCM Bermuda and Is Renamed Argon Underwriting
- Cat Facility CCRIF to Pay 6 Caribbean Nations $29.6M for Hurricane Irma Damage
- QBE Group CEO Neal to Exit; Regan to Succeed Him in January
- Hurricane Irma May Push Island States to Seek Climate Change Aid
- Irma Leaves Behind Death and Destruction in Cuba
- Death Toll from Mexico Earthquake Rises to 96
- Hub Acquires Insurance Broker Integro’s Canada Unit
- Hurricane Irma Adds to Pressure on New Greenlight Re Chief
- Guy Carpenter’s Balderston to Join JLT Re Credit and Political Risk Team
- Insurtech Firms Often Help, Not Disrupt, Traditional Reinsurers: JLT Re
- Lacking Political Support, Global Capital Rule for Insurers Stalls
- Chubb Picks France for Post-Brexit European Headquarters If UK Exits EU
- Insurers Gain as Shifty, Weakened Irma May Not Be as Damaging as Feared
- Allianz Specialty Names Vassallo to London Energy Team
- Allianz Could Be Considering Buying Shares in Abu Dhabi National Insurance
- Hurricane Costs Become Talk of Monte Carlo’s Reinsurance Rendez-Vous
- After Powerful Mexico Quake, Authorities Evaluate if Cat Bond Payout Triggered
- Indian Insurer ICICI Lombard Hopes to Raise $892 Million with IPO
- Hedge Funds Overseeing Cat Bonds Try to Remain Calm Over Irma
- Swiss Re’s Eisele Joins Guy Carpenter as CEO of Pacific Region; Eider Joins Advisory Board
- Hurricane Irma Pummels Caribbean Islands; 14 Known Deaths
- Sanlam Says South African Political Turmoil to Dampen Domestic Business Outlook
- Arthur J. Gallagher Acquires Sweden’s Nordic Forsakring & Riskhantering
- Marsh Restructures Management in New Risk & Digital, Placement & Specialties Divisions
- Hurricane Irma Devastates Chain of Caribbean Islands, Now Setting Sights on Florida
- UK to Alter ‘Ogden Rate’ Used to Calculate Personal Injury Payments
- Markel to Acquire UK Building Services Insurer EC Insurance Co.
- Hurricane Irma Brings Fierce Winds, Surf and Rain to Caribbean Islands
- Re/Insurance Broker BMS Launches Spain-Based BMS Iberia
- Tokio Marine Plans to Set Up Luxembourg Unit in Preparation for Brexit
- Brexit Could Be Reversed if Economic Pain Sways Public Opinion: Former Minister
- Guy Carpenter Promotes Boyce to Deputy CEO of Global Specialties
- China’s Anbang & Conglomerate HNA Eyed Buying Stakes in Allianz: Sources
- EY, Maersk and Microsoft Create Blockchain-Based Marine Insurance Platform
- Asia’s Ride-Hailing Firms Compete with Banks – and Ultimately Insurers: Opinion
- Pre-Monte Carlo Outlook: Reinsurance Rates to Drop Up to 7.5% Despite Harvey
- Japan Post Plans $9.1B-$12.8B Share Sale as Early as Sept. 11
- Fosun’s Plans for Overseas Growth ‘Don’t Clash’ with China’s M&A Crackdown
- Aon to Buy Real Estate Investment Mgmt. Firm, Townsend Group, for $475M
- Southern U.S., Caribbean Islands Brace for Hurricane Irma
- Devastating S. Asia Floods Kill 1,400, Expose Lack of State Planning for Monsoons
- Zurich Insurance Taps Martin from Swiss Re as Group CRO, Succeeding Reyes
- Japan’s Sompo Holdings to Sell Sompo Canopius for $952M to Centerbridge
- Japan Government Plans to Sell Shares in Bancassurer Japan Post
- Warburg Pincus Makes Majority Investment in Canada’s SCM Insurance
International & Reinsurance News Archives
