International & Reinsurance News for December 2015
- China Anti-Terrorism Law Raises Implementation Concerns: European Chamber
- QBE Insurance Opens Kuala Lumpur Office to Boost Malaysia Business Prospects
- ACE Offers Renewable Energy Environmental Protection Policy in U.K. & Ireland
- Fierce North Sea Storm Forces Oil Rig Evacuations; Worker Killed
- Tokio Marine Kiln Appoints Dreblow as Head of Corporate & Commercial Property
- CNA Hardy Appoints Rollins as Direct & Facultative Property Senior Underwriter
- Storm Frank Batters North Britain; Total Storm Losses Could Top $4.5 Billion
- Willis Completes Acquisition of France’s Gras Savoye
- ACE Appoints Two Senior Leaders in European Management Team
- Update: U.K. Insurers Face Flood Claims up to $2.2B – with More Storms Ahead
- Tokio Marine Kiln Hires Brand & Lynchehaun as Liability Underwriters in London
- Willis to Join S&P’s 500 Index on Jan. 4
- Australia Wildfire Insurance Losses Double to A$53 Million ($38 Million)
- AXA to Buy Liberty Ubezpieczenia, Polish P&C Operations of Liberty Mutual
- Arthur J. Gallagher & Co. Acquires Australia’s Strathearn Insurance Brokers
- ACE Appoints Future Leadership Team for P&C Business in Asia Pacific
- ICA Declares Christmas Day Bushfires in State of Victoria a Catastrophe
- ABI Confirms Insurers’ UK Flood Coverage Efforts; Losses May Top $1.6 Billion
- Floods Force Mass Evacuations in Paraguay, Argentina, Uruguay, Brazil
- Chinese Insurance Investment Rule Changes Send Stocks Lower
- Steamship Services Publishes Revised War and Piracy Area Warnings
- Greece’s Eurobank to Sell 80% Stake in Insurance Unit to Fairfax for $345 Million
- Lac Megantic Train Crash Victims’ Fund to Begin Payments without CP Rail
- Peru Insurance Regulator Approves AIR Worldwide’s Earthquake Model
- Polish Insurer PZU Shares Rise after Tax Proposal Watered Down
- Europe’s Banks Increased Infrastructure Investments Erodes Insurers’ Returns
- S&P Revises Outlook on Global Multiline Insurer XLIT to Positive; Affirms Ratings
- Best Reports Bermuda Inching Toward Solvency II Equivalence
- Rescuers in Southern China Race to Find Landslide Survivors
- P&I Premiums Expected to be Under Pressure at 2016 Renewals: Willis Report
- Marketform M&A Underwriter O’Reilly Moves to London as Sector Expands
- Best Says Ironshore’s Ratings ‘Not Immediately Affected’ by Fosun Investigation
- S&P Affirms Zurich’s Ratings; Outlook Stable
- Best Maintains Negative Outlook on Global Reinsurance Sector
- PartnerRe Establishes Branch Office in Dubai
- Milliman Report on Europe, Japan, Asia Insurers Sees Increased Embedded Value
- Catalina Completes Allianz Suisse Re Acquisition
- Chinese Drones Perform Well in Analyzing Tianjin Damage Estimates
- JBA Releases Comprehensive UK Flood Model before Flood Re Launch
- Swiss Re 2015 Economic Cat Loss Initial Estimates = $85Bn; $32Bn Insured
- U.K. Insurance Bill for Solvency II Regulation Compliance Hits $4.5 Billion
- Hiscox Appoints Golder to Head Marine Cargo Business Re-Entry
- Wharton Joins Argo Group to Head Bermuda Professional Lines Operations
- Allied World Global Markets Appoints Cooke to Asia Marine Division
- Specialty MGA Nexus Underwriting Acquires Millstream
- Fitch’s Sector Outlook for UK Non-Life: Stable – French Non-Life: Negative
- Insurance Council of Australia Declares Sydney Storms a Catastrophe
- Willis Strengthens Bermuda Team with Warren, Fisher Appointments
- EU Adopts New, Tougher Rules for Tracking Jetliners
- Allied World Launches Global Crisis Management Division
- Typhoon Melor Hits Philippines with Fierce Winds and Flooding: AIR
- Qatar Re Granted License by Dubai Financial Services Authority
- Lloyd’s Announces Plan to Launch Proprietary Insurance Index in 2016
- Ironshore Launches Professional Liability Coverage for Global Mining Sector
- Integro Acquires UK’s Entertainment Insurance Partners Limited
- Marsh Names Barton to Succeed Alway as Head of Jelf Group
- Hiscox Names Holberry to Head Alternative Distribution Operations
- Chinese Online Insurer ZhongAn Leads Financial Technology Innovation
- Canada’s Economical Insurance Policyholders Approve Demutualization Plan
- Survey Concludes Europe’s Regulators ‘Gold-Plating’ New Insurer Capital Rules
- Ironshore Announces Approval from Lloyd’s for Pembroke, Patria Re in Mexico
- SCOR Issues Statement as Sompo Backs Out of Share Purchase
- Buffett’s Berkshire Hathaway Cuts Munich Re Stake to 4.6%
- Landmark Climate Change Agreement ‘A Major Leap for Mankind’: Pres. Hollande
- Brown Named Marketform’s M&A Insurance Global Practice Leader
- Australia’s Suncorp Slumps Most Since 2009 on Insurance Margins Warning
- Fosun Chairman’s Troubles Raise Doubts about Bids for Israeli Insurers
- China’s Fosun Founder Guo ‘Assisting Authorities with an Investigation’
- Towers Watson and Willis Shareholders Approve $8.9 Billion Merger Deal
- Best Affirms Hiscox Insurance and Subs Ratings
- Fosun’s Company Empire – Before Chairman Guo’s Reported Disappearance
- Wharf Holdings to Sell Entire Sino-Ocean Stake for $284 Million
- Auto Insurance? Pensions Online? EU Wants Cross-Border Financial Market
- Business Interruption Claims on the Rise: Allianz
- Guinn and Luck Elected to Allied World Board of Directors
- Arch Capital’s Investment Analyst Whitney to Review Private-Equity, Hedge Funds
- Einhorn’s Slump Erases Greenlight Capital Re Gains from 2007 IPO
- Allied World Enhances Coverage for UK, Asia and Australia Healthcare Organizations
- ABIR Elects O’Donnell, Duperreault to Chair Posts
- Berkshire Hathaway Specialty Enters Asia Surety Market; Ho Named Head
- ‘Monster’ El Nino May Increase Global Warming, Cause Stronger Weather Events
- Computer Sciences Corp Wins Bidding War for Xchanging for $721 Million
- Beazley Launches Breach Response Services for Non-U.S. Policyholders
- African Bank in Talks with MMI’s Guardrisk on Insurance Joint Venture
- India Floods Top Aon Benfield/Impact Forecasting’s November Cat Recap
- PwC UK Raises Desmond Insured Loss Estimates: $375 to $487.5 Million
- Swiss Re Confirms ‘Four Pillar’ Strategic Framework for Continued Growth
- Sino-Ocean Land Says Nan Fung Sells Shares to Anbang Insurance Group
- Insurers Braced for Claims Surge as 10-Year High Floods Hit India
- Ironshore International Announces Continental Europe Markets Expansion Strategy
- British Insurers Adjust Risk Models after Costly Repeat of 100-Year Floods
- UK Insurers Ready to Aid Recovery from Storm Desmond ABI Assures Policyholders
- Canopius Group Appoints Lobo as Head of Upstream Oil & Gas Engineering
- Hiscox Launches Product Recall Team in London, with 4 Appointments
- Group of UK Insurers Win BOE Approval for Solvency II Capital Requirements
- ACE Appoints Leadership Team for Canada, Effective 1st Quarter of 2016
- Germany’s Talanx Strengthens Bancassurance Presence in Italy
- ECB Decision to Extend Quantitative Easing Hits European Insurers’ Shares
- AXA to Pay Higher Dividends as Result of ‘Robust’ Capital Levels
- UBS Hedge Fund to Manage Money for Bermuda Reinsurer Launched by Enstar
- Towers Watson Shareholders ‘Should Reject’ New Willis Deal, Says Proxy Adviser
- Zurich Insurance Increases Job Cuts, Relocations by 1,800
- Vienna Insurance CEO to Leave Over Strategic Differences; Stadler Is Successor
- Lloyd’s Performance Management Director, Bolt, to Leave Corporation Next Year
- ACE Appoints Commercial P&C Leaders for Overseas General Insurance Division
- Business Losses in India’s Flood-Ravaged Chennai Could Top $2.2 Billion
- XL to Sell $22B of Life Policies to RGA, as CEO McGavick Narrows Focus on P&C
- Ironshore Launches Hybrid Product for Fine Art Losses from Political Risks
- Fossil Fuel Divestments by Insurers & Other Investors Top $3.4 Trillion: Activists
- Kimberley Appointed Chief Underwriting Officer of Ascot Underwriting (Bermuda)
- ACE Announces Future Leadership Team for Global Surety Business Unit
- Arthur J. Gallagher & Co. Acquires New Zealand’s Reid Manson
- AXIS Capital to Write Treaty Reinsurance Business via Lloyd’s China Platform
- Zurich CEO Senn’s Departure May End Era of Generous Dividends
- Shanghai Asian Insurance Brokers Registered as 1st Chinese Lloyd’s Broker
- London-Based CNA Hardy Appoints Hairsine as Head of Construction
- Castel Launches Corporate Underwriting Cell, Targeting African Reinsurance
- ACE Names Personal Lines Leadership Team for Overseas General Insurance
- Dutch Government Plans to Float ASR, Former Fortis Insurance Unit
- Zurich CEO Senn Resigns; de Swaan Appointed to Interim Role After ‘Setbacks’
International & Reinsurance News Archives
