International & Reinsurance News for February 2012
- Arbitrators Agree to Hear Chevron-Ecuador Pollution Liability Case
- China Higher Court Hears Apple’s iPad Trademark Claim
- UK Singer Church Settles in Murdoch Hacking Case
- World Bank Says China Must Embrace Market Economy
- Willis Peru Sells 49.9% Stake to Credicorp in Partnership Move
- Former BUPA Head Gooding Joins XL Board
- Lloyds Bank’s Huge Loss Tied to Insurance Sales
- Ratings Roundup: PMG (Sony), National Grid, Tapiola
- Allianz Posts $3.73 Bn Net Income; Hit by Cat Claims, Sovereign Debt, Banks
- Asia Insurer AIA Boosted by Surge in New Business
- Top Japan Insurer to Cut Coverage for Ships in Iran Under Sanctions
- India Still Insuring Exports to Iran
- Best Affirms RSA and Operating Subsidiaries Ratings; Outlook Stable
- New London Broker Q360 Launched in Partnership with Tawa
- Swiss Re Reports $2.6 Billion 2011 Net Income Despite Nat Cats
- Fondiaria Battle Heats up as Funds Table Offer; AXA Interested
- Italian Prosecutors Expand Cruise Ship Investigation as More Bodies Found
- ING to Sell 3 Asia Joint Ventures Separately from Other Assets
- Reuters: Dubai Finance Centre to Allow Transactions in Chinese Yuan
- EU Seeks Legal Opinion on Global Copyright Pact
- Anti-Piracy Group SOS SaveOurSeafarers Welcomes UK Gov’t. Support
- Belgian Gov’t. Names Former FERMA President Dequae to Dexia Board
- Best Assigns ‘A-‘ Ratings to Assurances Mutuelles de France
- Starr Cos. Hires ING Group Exec to Lead Starr Strategic Partners
- Four More Bodies Found on Italian Costa Concordia Cruise Liner
- South Korea’s KB Financial Eyes ING Insurance
- U.S. Justice Dept. Closes Allianz Indonesia Bribery Probe w/o Charges
- Best Assigns ‘A’ Ratings to Starr International Insurance (Singapore)
- Willis Global Solutions CEO Chides Industry for Failures on Reputation Risk
- Report: Greek Bondholders – Banks and Insurers – Set for 74% Haircuts
- A.M. Best to Open Branch in Dubai for Middle East, Africa, Asia
- One Year Later, Christchurch Still ‘Safe Haven’ for New Zealand Quake Survivor
- AIR Analyzes Increased Japan Risk after Tohoku-Oki Earthquake
- Best Affirms Ratings of HDI Hftp. der Deutschen Industrie, Talanx AG
- Best Affirms HDI-Gerling Industrie Versicherung AG, and Subs Ratings
- Fairfax Financial’s Quarterly Loss Widens on Cat Claims
- Best Assigns ‘A-‘ Ratings to Assurances Mutuelles de France
- Marsh Introduces Maritime Security Facility
- West Africa Waters Among Riskiest Routes for Shippers
- Best Places IPCRe, Validus Re Europe Ratings on Review-Developing
- China’s Trademark System Baffles Foreign Firms
- Cooper Gay Refocuses MGA on International Business
- Harris Joins Torus from Aviva as Group CFO
- Miller Names Cunningham, Wauchope for Political, War, Trade Credit Risks
- Zurich Board Proposes Name Change to Zurich Insurance Group
- Japan Nuclear Plant Planned Review of Tsunami Risk- But Too Late
- Online Social Network Can’t Be Piracy Police: European Court
- Moody’s Warns May Downgrade Global Banks, Cuts Ratings on Insurers
- Europe’s Big Insurers Hit by Debt Crisis, Catastrophes, Economy
- PERILS Estimates Windstorm Andrea Property Losses at $350 Million
- JLT in Tie-up with Spanish Commercial Broker Unipsa
- Best Affirms Mexico’s Seguros Inbursa ‘A’ Ratings
- More Shipwreck Survivors File Lawsuits against Carnival, Costa Cruises
- MAPFRE Highlights 19.3% 2010 Latin American Insurance Market Growth
- Lloyd’s Estimates Thai Flood Losses at $2.2 Billion
- Chinese Firm Claims It Owns Apple’s iPad Trademark
- Italian Court Sentences Businessmen to Jail in Asbestos Case
- Earnings Report: Montpelier Re
- Best Special Report Spots Insurance Market Rebound, Growth in Mexico
- Willis Re Appoints Melia as CEO Willis Re International
- Marsh Names Dundas Global Head for Marketing and Communications
- Prudential Picks Merrill for Advisor on ING Asia Bid
- China Author Sues for Defamation Over Ghostwriting Claims
- Building Toppled by New Zealand Quake Was Substandard
- Earthquake Shakes Switzerland; No Damage Reported
- Best Analyzes Impact of Flood Losses on Thai Insurance Industry
- Earnings Reports: Everest Re, XL Group
- Bogus Insurance Claims Help Spaniards Weather Tough Economic Times
- Lawyer Says Cruise Lawsuits Will Force Insurers to Demand Higher Standards
- Earnings Reports: RenaissanceRe, AXIS Capital, Alterra Capital
- Willis Chief Warns London Audience of Major Risk Increases in 21st Century
- Hopes Fade for Dozens Buried in Philippines Quake
- ING to Split Investment Unit from Insurance Sale
- Aon’s New ‘Political Risk Map’ Focuses on ‘Arab Spring’; Global Threats
- Freezing European Weather May Last to End of February
- Report: AXA, ACE Are Final Two Contestants for HSBC Insurance Arm
- TomTom Sees Potential in Europe’s Auto Insurance Market; Motaquote Signs On
- Ratings Roundup: La Colonial, InterGlobal
- Xchanging Unveils Modernization Technology Initiative for London Market
- Willis UK N2 Broker Network Adds 10 New Members
- Baucher Joins Argo’s Paris Team to Manage Casualty & Financial Lines
- Despite Uptick in Frequency, January Sees No Major Natural Disaster
- Rescuers Dig to Reach People Trapped by Philippines 6.9 Earthquake
- U.S. Authorities Looking Into Murdoch Foreign Payments
- Geneva Association Report Analyzes Re/Insurers’ Insolvency Resolution
- Torus Appoints Rousseau to Develop General Property in France
- Best Upgrades Validus Re’s Ratings; Outlook Revised to Stable
- Lloyds TSB Adds Travel Disruption Insurance
- Global Mining Insurance Market Capacity Down 30% After Losses: Willis
- China Tightens Rules for Auditors of Listed Firms
- Earnings Reports: Validus Holdings
- Japan Reported Ready to Join Compensation Pact for Nuclear Victims
- Australia Evacuates Flooded Towns; Coal Mines Close
- PIP Breast Implant Scandal Exposes Weaknesses in EU Safety Net
- EU Regulators Look to Halt Google’s New Privacy Policy
- Milliman Opens New Office in Belgium
- Niblett Joins Xchanging as Insurance Change Director
- Munich Re Sees $933 Million 2011 Profit Despite Cat Losses
- Haiti, Dominican Republic May Be Entering Big Earthquake Period
- Korea Life Considers Bid for ING’s Asia Insurance Business
- Japan Governor Wants Nuclear Safety Pledge in Writing
- ABI Warns of Increased Flood Risks in England and Wales
- UK’s Evolution Secures Allianz Capacity for Additional 5 Years
- Europe Freeze Kills 89; Fears Rise over Russian Gas
- Earnings Reports: ACE Limited
- Chubb System Helps Expedite Clinical Trials in China and Brazil
- Japan Cabinet Approves Cap on Nuclear Reactor Lifespan
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