International & Reinsurance News for June 2016
- Sompo Canopius & Mexico’s GNP Form Strategic Partnership
- Zurich Buys MAA Takaful Berhad, Expanding in Malaysia Takaful Market
- Cooper Gay Appoints Hacker as Group Chief Innovation Officer
- Legal Expert Assesses 4 Scenarios to Put Brakes on Brexit
- Allianz Set to Begin $3.3B Asia Property Push over Next 3 Years
- Toyota Recalls 3.37M Cars for Flawed Air Bags, Emissions Control Units
- Willis Towers Watson CEO Haley Sees ‘Upside’ to Brexit
- Global Insurance Premiums up 3.8% in 2015, Despite Trade Slowdown: Swiss Re
- European Insurers Look to Hoarding Cash After Brexit Vote
- Cooper Gay Names Prinn as Head of Global Placement
- Marine Specialist Latitude Brokers Launches Singapore Office
- China’s Fosun Looks at UK, Europe Investments on Brexit Volatility
- Loeb’s Hedge Fund Lowers Fees for Third Point Re
- Terrorist Attack at Istanbul Airport Kills at Least 40; Islamic State Blamed
- China’s Fosun to List U.S. Insurer Ironshore ‘As Soon as Possible’: Reuters
- AIR Worldwide Introduces Earthquake Model for India
- S&P and Fitch Chop Britain’s ‘AAA’ Rating After Brexit Vote
- QBE Weighs Brexit-Effect; Marsh Considers Some Brexit Scenarios
- Britain’s Vote to Leave EU Hikes Concerns over UK Insurers’ Capital Strength
- China Close to Adopting Controversial Cyber Security Rules
- Data Theft by Employees Affects 69% of Businesses: Accenture Survey
- RMS Updates Cat Models for Terrorism, Europe Windstorm & US Flood
- A.M. Best Removes Ironshore from ‘Under Review’ Status
- French & German Floods to Hit Insurers’ Earnings but Not Ratings: A.M. Best
- Brexit or ‘Regrexit’? That Is Still the Question…
- Chubb Names P/C Insurance Risk Engineering Leaders for Europe
- XL Group’s Shareholders Approve Move to Bermuda from Ireland
- Re/Insurance Business Leaders Begin to Comment on Post-Brexit World
- Update: Britain Votes to Leave EU; Prime Minister Cameron Resigns
- World Awaits Outcome of UK’s EU Referendum
- Neon Names Dolonen as Marine & Offshore Construction U/W
- ‘Systemically Important’ Label Can Be Avoided: Fitch
- Channel Syndicate Launches Innovation Division, Names Allen as Tech Head
- Factbox: Weighing Value of Financial Services in UK Economy on Day of Brexit Vote
- Zurich Offers Post Cyber Attack Response Service in APAC
- Global Indemnity to Redomicile from Ireland to Caymans
- Energi of Canada Offers P/C Energy Programs in West & Atlantic Canada
- UK’s Insurance Act May Lead to More Intense Rate Competition: Fitch Wire
- Antares Launches Casualty Treaty Division with Appointment of Jarman
- Brexit Would Create Extra Burden for Reinsurers, Caution CEOs
- Travelers to Offer Small Business Insurance in UK via Online Platform
- AXA Awaits Result of Brexit Vote Before Building London’s Tallest Tower
- Aon Benfield Names Foord-Kelcey as Co-Head of Cyber Practice Group
- ‘Brexit’ Would Damage UK’s Leadership Position in Insurance: Aon
- AXA Plans $2.4B in Cost Cuts by 2020; Acquisitions Eyed for Growth
- Specialist Lloyd’s Insurer Neon Opens Bermuda Office with Fisher as CEO
- BHSI Enters A&H Market in Asia, Brain Named to Lead A&H in Region
- AIR Expands Earthquake, Typhoon Models for Southeast Asia
- International Law Key to Mitigating South China, Other Maritime Risks: Allen
- Craze for Asian Bancassurance Deals Fits Definition of Insanity: Opinion
- Swiss Re Appoints Arora as Global Head of Casualty
- Swiss Re Hikes Corporate Debt Holdings, Cuts Risky Government Bonds
- Allianz’ PIMCO Axes Jobs in Response to Fall in Assets after Gross’ Exit
- Allianz Plans to Purchase Zurich’s Moroccan Division for $275M
- Zurich to Sell General Insurance Operations in Taiwan to Hotai Motor
- Cockpit Voice Recorder Retrieved from Doomed EgyptAir Flight
- CGSC Appoints Kilminster as Head of Strategy and Change
- Insurers Ignore FinTech Revolution at Their Long-Term Peril: PwC
- Ironshore’s Pembroke Agency Partners with Old Mutual for Africa Risks
- BHSI Opens German Office, Fills Key Roles in Northern Europe
- Investigators Find Main Wreckage Sites of Crashed EgyptAir Flight 804
- PaCRe Exit Eased Tax Scrutiny on Offshore Reinsurers: Third Point Re CEO
- AIG Weighs Moving Its European Hub from London if ‘Brexit’ Triumphs
- Brexit Would Threaten UK’s Access to EU via Single Passport: Officials
- Persistent Soft Market Begins to Hit Reinsurer Stock Prices: A.M. Best
- Zurich Reorg Designed to Improve the Customer Experience: CEO Greco
- Tokio Marine Covers Geothermal Power Firms from Hot Springs Risk
- Allianz Expects Blockchain Tech to Expedite Cat Bond Deals
- Insurers Provide Cover for German Banks Stashing Billions of Euros
- AXA’s CEO de Castries Predicts ‘Extremely High’ Probability of ‘Brexit’
- Ongoing Soft Market Tops Reinsurers’ Concerns: Xuber Survey
- Run-Off Specialist Compre to Buy Allianz IARD’s Pool Legacy Business
- Canada Health Startup Uses App to Connect Employees with Services
- XL Catlin Names Haynes as Senior U/W, International Casualty, Asia
- Winners of 1st Innovation in Insurance Awards Are ‘Change Leaders’
- Marketform Rebrands as ‘Neon’ After Completing Strategic Review
- Women Are 30 Years From Attaining 30% of Seats on Boards: Report
- CFOs Must View Their Companies ‘Holistically’: Hamilton’s CFO Reiss
- Zurich’s CEO Greco Cleans House with Tough Road Ahead: Opinion
- Bigger Is Better for Lloyd’s Syndicates with Active Cycle Mgmt: S&P
- Zurich’s New CEO Greco Reorganizes Company, Simplifying Structure
- Chubb Global Markets Names Stevens as Chair of Aviation Division
- Iron-Starr Forms Underwriting Alliance with Oil Casualty Insurance
- Pandemics and Climate Change Present Opportunity for Insurers
- UK’s Allianz Insurance Offers Free Cyber Risk Assessment Tool for SMEs
- Miller Begins Succession Plans with New CEO Lined Up for 2017
- Global Disasters During May to Cost Insurers at Least $7B: Aon Report
- Delta Lloyd to Raise $226M with Sale of Stake in Van Lanschot
- XL Catlin Launches Team to Focus on Alternative Risk Transfer Products
- U.S. Treasury Unit Reviews Fosun’s Acquisition of Ironshore
- Tornado Hits Hamburg – Latest in Europe’s Destructive Summer Storms
- Chubb Offers Package Policy for UK & Ireland Middle Market Firms
- Insured Losses from Australia’s Storms Rise to $41.6M
- How to Avoid D&O Policy Pitfalls – and Declined Claims: Marsh Report
- Aon Benfield Chile Taps Soto Quintus as CEO, Molina as Treaty Head
- Insurers Must Stop Insuring Illegal Fishing Vessels: UBC Research
- Chubb Offers Cyber Bullying Cover for Canadian Homeowner Clients
- Gallagher Appoints 2 Former Willis Aviation Brokers as Divisional Directors
- Update: German Flood Claims Estimated at $1.1B, Says Fitch Ratings
- UK’s Global Risk Partners Acquires Cavendish Munro Professional Risks
- Australia’s Storms Estimated to Cost Insurers $28 Million: Insurance Council
- Solvency II Will Increase Reinsurance Buying Demand: Fitch
- Insured Losses from French Floods May Total $682M: Industry Association AFA
- People Are Key to a CFO’s Success: QBE’s Group CFO Regan
- Executive Suicides Shock Swiss Business Community
- Future of London Market Threatened by ‘Brexit’, Warn Market Leaders
- Swiss Re Corporate Solutions Launches Cyber Risk Insurance Product in UK
- PERILS Revises Loss Estimate for UK Floods from Storm Desmond to $861.4M
- Beazley Appoints Crux Risk to Provide Kidnap and Crises Response Services
- JLT Re Hires Marc-Antonio as Global Head of Client Relationship Management
- Torrential Rain Triggers Floods in France; Seine Rises to Highest Level in 34 Years
- Atticus Associates Launches DQPro Platform to Manage Data Quality Challenges
- Update: Flash Floods Hit SE Germany, Killing at Least 8; AIR Worldwide Comments
- Aspen Insurance Appoints International Head of Onshore Energy & Construction
- UK Broker Bluefin Extends Loss Recovery Insurance Partnership with Lorega
- Disaster Recovery Firm Interstate Restoration Acquires Canada’s FirstOnSite
- SMEs Reap Benefits from Trade Credit Insurance as Economic Risks Rise: UK’s ABI
- Munich Re to Spend $1.1B by 2020 to Restructure Primary Insurance Unit
- Sompo Canopius Hires de Haldevang as Global Head of Specialty
- EU Members Should Run Stress Tests for Banks’ Cyber Risks: EU Banking Chief
- EU Guidelines Seek to Limit Crackdown on Uber, Airbnb
- Canada ‘Needs to Do More’ to Mitigate Climate Disasters Such as Wildfires, Flood
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