International & Reinsurance News for June 2012
- ECB President Draghi Says EU Crisis Summit Delivered ‘Tangible Results’
- Fitch Says Bermuda (Re)Insurers Should Weather Sovereign Downgrade
- Best Sees Indonesia P&C Sector Growth; Capital, Regulatory Challenges
- US Grants Iran Sanctions Exceptions to China, Singapore
- UK Banks Face New Scandal; Barclays Boss in Peril over LIBOR Rigging
- EU Agency ENISA Calls for ‘Kick-start’ in Cyber Insurance Market
- Marsh Reports Global Insurance Prices up 1.4% in Q2; Sees Further Increases
- Ratings Roundup: MAPFRE PRAICO, Tunis Re
- O’Neill Appointed as Marketform’s CEO
- Catlin Names Huebel CEO of Canadian Unit, Other Executive Changes
- Germans Say “Nein! No! Non!” Ahead of Euro Summit
- Liberty Mutual’s Indian Joint Venture Receives Insurance License
- Best Sees No Change in MAPFRE RE’s Ratings despite Spain’s Economic Woes
- Swiss Re sigma Study Finds P&C Growth in Emerging Markets
- UK’s MI5 Chief Talks about Threats before Olympic Games
- ACE USA Expands International Advantage Coverage
- Best Special Report on Russia Says ‘Insurance Revolution Begins to Gain Pace’
- XL Group Launches New Website
- Best Affirms Ratings of ACE European Group Limited
- AXIS Appoints Butt to Replace Charman as Chairman
- So. Korea to Halt Iran Oil Imports as EU Insurance Ban Bites
- Europe’s Tower of Babel Hampers Solution to Euro Crisis
- Re/insurers Join Efforts to Support UN’s Principles for Sustainable Insurance
- Lloyd’s Details ‘Growing Impact of Climate Change’ as UN Meets
- Main Points of Agreement from Rio+20 Summit Show Little Progress
- BMS Group’s Pioneer Names Hinman in U.S. Expansion
- Euro Zone’s Big Four Agree on $163 Billion Growth Boost; Split on Euro Bonds
- Ratings Recap: Transportation P&C, Ancon, Heddington
- UK MGA’s Advised on Changes in Employers Liability, Public Liability Claims
- Moody’s Cuts Ratings of 15 Global Banks
- ABI Supports UK Government’s Proposals on Executive Pay Regulation
- NHC Tracking Huge Low Pressure System in Gulf of Mexico
- Swiss Re Chief Economist Sees Rising Rates by Year End
- Pirates Shoot Grenades, Guns at Gas Tanker off Oman
- Chris Becomes First Hurricane of Season – No Threat to Land
- Ratings Recap: Validus Re, African Re, Arab Orient, Bosna Re, SOGAZ
- Best Revises Alterra Capital and Operating Subs Outlook to Stable
- London Stung by U.S. Attack on Bank Regulation Record
- Italy Regulators Conditionally Approve Unipol – Fondiaria-SAI Merger
- ACE Appoints Page Division President for Int’l. Personal & Business Operations
- UK Insurer Cancels Coverage on Russian Ship Going to Syria
- Applied Systems Names Purdy Sr. VP, General Mgr. for Canadian Operations
- Marine Protection Provider GAC Urges ‘Non-lethal’ Measures for Ship Safety
- AIA Endorses Invitation to Mexico to Join Trans-Pacific Partnership
- Giancristofaro Appointed CEO for Willis’ Re Brazil Operations
- G20 Backs Europe’s Plans for Euro Zone Overhaul to Fight Crisis
- Tropical Storm Chris Forms in Atlantic; No Threat to Land
- Best Affirms Argo Re, Argo Group and Subs Ratings; Outlook Stable
- Endurance Names Belfatti as Chief Actuary
- Starr Companies Appoint Childs CFO for International Operations
- Ratings Recap: Arab Misr, L’Union Canadienne, Gulf Insurance, Island Heritage, Eastern Re
- Xchanging Sees 40% Productivity Increase for Firms Using AOM Tool
- ANALYSIS: Big Greek Risk Morphs into More Economic Uncertainty
- Best Downgrades Brit Insurance Ltd. Ratings; Keeps on Review/Negative
- Fairfax Runoff Sub RiverStone to Acquire All Shares of Brit Insurance Ltd.
- Chartis Increases Commercial Property Per-Risk Capacity
- Best Affirms Aioi Nissay Dowa and Subs Ratings; Outlook Stable
- Willis Re Reports on Impact of ‘RMS v11’ European Windstorm Model Changes
- Oil Market Shrugs at Imminent Iran Tanker Insurance Ban
- Greek Pro-bailout Parties Look to Forge Coalition
- Economic Crisis Challenges Harmonization of U.S. Regulations, EU’s Solvency II
- PERILS Updates Loss Estimates from Windstorm Joachim
- UPDATE: Japan Lower House Passes Bill to Insure Iran Oil Imports
- World Economies Prepare for Panic after Greek Elections
- Lloyd’s Market Association Issues Guidance in Case of Euro Exit
- MGAA Appoints Comerford as First General Manager
- Mitchell to Head Willis’ FINEX Asia-Pacific Unit in Expanding Market
- Ratings Recap: Farmers Mutual (NZ), Lloyd’s Syndicate 1084, Pacific Indemnity, Caribbean Alliance
- Willis Calls for Industry Action on ‘Black Swan’ Risks
- Southport Lane Acquires Redwood Reinsurance
- Report: Japan to Pass Bill to Insure Iran Oil Imports
- German Chancellor Merkel Rejects ‘Miracle Solutions;’ Spain’s Debt Costs Soar
- Arch Re Europe Announces Leadership Team Reorganization
- ACE to Acquire Indonesian General Insurer Asuransi Jaya Proteksi
- Best Affirms ACE Limited, No. Am. P&C Affiliates ‘A+’ Ratings
- Best Affirms TT Club Bermuda, TT Club UK Ratings
- CPCU Society Names Nadeem as First International Ambassador
- Iran’s Oil Exports Plummet as Sanctions Bite Says IEA
- Study Suggests China’s CO2 Emissions Could be Greater than Thought
- Iran Tanker Firm Says it Insured Ships Despite Sanctions
- UK Insurers Face Floods Losses; May Raise Premiums
- HDI-Gerling to Enter UK Auto Fleet Market
- Best Removes Allianz Risk Transfer Ratings fom Under Review
- U.S. Exempts India, Other Countries, Not China, from Iran Sanctions
- Deeper Euro Zone Integration to Take Time Says EU Commissioner Rehn
- Ratings Roundup: Aviva Canada, AEGIS
- UK’s CFC Launches Excess Underwriting Capability
- Trade Credit Insurers Increase Exposures to over $225 Billion
- XL Political Risk, Trade Credit Unit Gets Approval for Lloyd’s Expansion
- Analysis: EU’s Spain Bank Rescue May Bring only Brief Respite
- EU Insurers Still Coming to Terms with Solvency II as Start Date Nears
- Legrand Joins Broker MDS as COO to Expand International Business
- Aon Benfield May Cat Report Highlights Italian Quakes; $6 Billion Econ. Loss
- Fitzpatrick is New Sec’ty. General, Managing Director Geneva Ass’n.
- Willis Appoints Tosti Latin American Reinsurance CEO
- Best Maintains AVIVA and Subs Ratings Under Review; Negative Implications
- Best Affirms MAPFRE RE FSR; Downgrades ICR; Off Review; Negative Outlook
- Best Affirms Allianz SE’s Ratings, Removes from Review, Outlook Stable
- Best Affirms MAPFRE PRAICO FSR Ratings; Downgrades ICR; Outlook Negative
- Best Takes Generali, Subs Off Review, Affirms Ratings; Outlook Negative
- Best Announces Further Rating Actions on Euro Zone Insurers
- Willis Re Appoints Angelini-Hurll as Regional Director of APMETA Team
- Traynor Joins Greenlight Re Ireland to Build UK, Europe Expansion
- U.N. Sounds Environment Alarm Ahead of Rio Summit
- Ratings Recap: Dubai Insurance, Legal & General, London General
- R K Harrison Completes Specialty Lines Purchases from Gibbs Hartley Cooper
- RSA Acquires Quebec Insurer L’Union Canadienne
- Will There Ever Be a United States of Europe?
- Economic Storm Clouds Continue to Gather over Europe
- Willis Names Fagerli to Head Norway Subsidiary
- Gomez to Head Lockton Mexico P&C, Surety Operations
- Applied Systems Acquires Canada’s Compu-Quote
- Irish ‘Yes’ Vote Assures Continued Support; Euro Zone Crisis Still Weighs
- Global Downturn Puts Investors, Companies in Retreat
- Chinese Drivers Pose Fresh Risks for Foreign Insurers
- Olympic Travel Leads to Surge in Travel Insurance Sales
- W. R. Berkley Receives FSA, Lloyd’s Approval for Syndicate Management Change
- Hagerty Classic Car Insurance Now Available to Canadian Brokers
- Willis Global Launches New Platform for Sector Growth
- Generali Directors Oust Group CEO Perissinotto; Zurich’s Greco to Take Post
- Europe, U.S. Agree on Streamlining Air Cargo Safety
- S&P to Factor Country Risk into Insurance Ratings
International & Reinsurance News Archives
