International & Reinsurance News for May 2011
- Coachman Insurance Co. Names Breckles New COO
- Will Next Big Nat Cat Turn Cycle? ‘Maybe’ Say Reinsurance CEOs
- Air France Crash Investigation Sparks Pilot Mystery
- Virulent German E.coli Outbreak Death Toll Rises
- Study Forecasts Ice Melt Will Close off Arctic’s Interior Riches
- Ratings: Tunis Re, Endurance (shares), LAPP, Electro Re/First Beacon, National General
- S&P Lowers Ratings on Residential Re’s Notes to ‘B+’
- Visitors Raise Irish Hopes for an End to Financial Crisis
- Thomas H. Lee Partners to Acquire Sword Insurance
- Eurocontrol: No Major Ash Impact on Air Traffic
- Insurers Eye Rate Increases as Hurricane Season Approaches
- Spain’s MAPFRE, Japan’s Mitsui Sumitomo Reinforce Collaboration Pact
- Lloyd’s Market Association Elects New Board Members
- S&P Sees High Growth Potential for India’s P&C Market
- ACORD Launches Standards Development Pilot in So. Africa
- Xchanging Reorganizes UK Insurance Business
- UK’s Willis Limited Appoints New Chairman and CEO
- Clements International Officially Becomes Clements Worldwide
- Best Affirms Top Layer Re’s ‘A+’ Ratings
- Zurich Appoints Serna Global Head of Corporate Communications
- Purm Jr. to Lead Argo’s New Brazil Insurance Operations
- China Urges Greater Attention to Safety at iPad Factory After Blast
- Carroll, Fell Take on New Roles at Retail Division Markel UK
- Transocean Talking With BP Over Gulf Oil Spill
- Zurch Names Serna as Global Head of Communications
- Arthur J. Gallagher Buys Singapore Broker
- Opinion: Financial Regulation Reform Risks Overkill in Emerging Markets
- Toyota Still Has Internal Problems to Fix, Says Commission
- Icelandic Ash Cloud Shuts UK Flights; Britain Says Airspace Open
- Davis Joins Endurance Worldwide Reinsurance in U.S. Unit
- White Mountains’ Sirius to Launch Lloyd’s Syndicate
- UK’s Willis Limited Names New Chairman, CEO
- Markel International Names Asia Pacific Unit Leader
- German Insurer Organized Orgy for Best Salesmen
- Bribery Widespread Across Europe’s Top Companies: Survey
- Europe on Alert for Icelandic Volcano Ash Cloud
- Sony Hacked Again
- Best Assigns ‘B++’ Rating to Dubai Insurance
- Willis Launches All Risk Cover for Company Directors
- NOAA Forecasts ‘Above Normal’ Atlantic Hurricane Season
- European Insurance Forum Kicks Off May 23 in Dublin
- Catlin Stokes Broker Compensation Controversy
- APEC Members Want to Salvage WTO Talks, Says U.S. Trade Rep
- Tensions between Air France, Airbus Erupt in Crash Investigation
- Hong Kong Stock Exchange Approves Listing of Guernsey Companies
- U.S. Chamber of Commerce President Reaffirms Support for Ireland
- Lloyd’s Ark Syndicate Moves to ‘All in One’ Electronic Claims
- Ratings Roundup: Mapfre Tepeyac, UFP, Cotswold, Johnston Re
- Best Revises Montpelier Re Outlook to Positive; Affirms Ratings
- Cooper Gay/Swett & Crawford Establish Marine Broker
- Cooper Gay Restructures Business into Three Core Trading Units
- UK’s Miller Creates New Specialist Binding Authority Team
- Finaccord Forecasts Growth for Europe Professional Indemnity Coverage
- French Crash Probe Raises No Urgent A330 Safety Concerns
- BMS Group’s Pioneer Underwriting Adds Personnel
- Willis Names Rider to Boost Global Captive Practice
- Best Sees ‘Growing Pressure’ for Higher P/C Insurance Rates
- Australia Flood, Cyclone Claims Assessments near Completion Says ICA
- Cat Bond Investors Not Scared Off by Japan Quake
- Steamship Mutual P&I Club Reports Strengthened Underwriting for FY 2010/2011
- Sex, Lies and the Reckless Choices of the Powerful
- RSA Group’s Q1 Interim Statement Shows Steady Growth
- Catlin’s Q1 Interim Statement Highlights 11% Rise in GPW
- Aon to Move into New London HQ in 2015
- Liberty Mutual Continues UK Commercial Lines Expansion; Hires Personnel
- W. R. Berkley Forms Berkley Re UK Limited; Appoints Execs
- Firms Fail to Grasp Intellectual Property Risks: Marsh/LIU Report
- EQECAT Estimates Spain Quake Insured Losses at Maximum $100 Million
- A. J. Gallagher Acquires UK Broker Heath Lambert for $158 Million
- WTO’s Lamy: Nobody Wants Doha Trade Talks to Fail
- Best’s Analysis Concludes Solvency II Will Transform EU Captive Insurers
- Lloyd’s Estimates Losses from Q1 Disasters at $3.8 Billion
- Arctic Nations Step up Cooperation on Safety, Oil Spills
- Japan Approves Tepco Nuclear Claims Plan; Banks’ Help Eyed
- Marsh Offers Ship Owners Protection for Increasing Charterers’ Defaults
- Air France Crash Investigators to Open Black Boxes
- Catlin UK Launches ‘BusinessAssist’ for SME Disaster Recovery
- Aon Opens Manchester Office with the Help of Man U Players
- Catalina Completes Acquisition of Glacier Re
- Earthquakes Hit Southern Spain; At Least 8 Dead
- BRMA’s ‘Trading Agreement’ Papers Aim for Reinsurance Contract Certainty
- Cooper Gay to Form New Management Team for UK Non-Marine, Energy
- New Products Catlin Select and Catlin Online to Launch at BIBA Conference
- Changes on the Playing Field; P&C Insurers Question Impact of New Regulations
- Japan Aims for Tepco Compensation Scheme this Week
- Chevron, Ecuadoreans Spar over Halted Damage Award
- Best Revises Outlook on BP’s Jupiter to Stable; Affirms Ratings
- Hiscox Issues Interim Management Statement; Sees Future Rate Hikes
- MMA UK Names Bradshaw as Commercial Development Manager
- Best Withdraws Syria’s Arab Union Ratings Due to Libya Sanctions
- Fu Joins Pioneer Underwriting at BMS Group as Marine Underwriter
- Towers Watson: Weak Risk Culture Equals Weak Organization
- EQECAT Raises Japan Quake/Tsunami Loss Estimates to $22-$39 Billion
- Tokyo Electric Pleads for Government Help on Compensation
- Arctic Nations Meet to Chart Future of World’s Final Frontier
- Marine Security Firms Set Ethics Code in Battle against Piracy
- Ratings Roundup: Aviva/Delta Lloyd, Montana Re (cat bonds), Montpelier Re (notes), Arab Orient
- Aon Benfield: Cat Losses, Solvency II Demand Better Model Evaluation
- First Quarter Earnings Reports: Munich Re, Lancashire Group
- UK Banks Hit by Compensation Capitulation for Mis-selling PPI
- Liberty Mutual’s Brazil Seguros to Sponsor 2014 Soccer World Cup
- First Quarter Earnings Reports: Allied World, Validus Group
- Sony’s Insurers to Help Foot Bill for Data Breach
- Lloyds Bank Takes $5.3 Billion Hit for Mis-selling Payment Protection Insurance
- First Quarter Earnings Reports: SCOR, Alterra Capital
- First Quarter Earnings Report: Swiss Re, Zurich Financial Services
- Allianz Preliminary Q1 Figures Show $1.339 Billion Profit
- ING to Push Ahead with Insurance IPOs, Divestments
- Aon Benfield Analyzes Q1 Cat Bond Performance
- First Quarter Earnings Reports: Hannover Re, Argo Group
- Indonesia Signs Tax Information Treaty with Guernsey
- Liberty International Underwriters in Europe Launches Football Charity Appeal
- Palmer to Join Citadel Risk Board
- World Sea Levels Could Rise over Five Feet by 2100
- First Quarter Earnings Report: PartnerRe
- Best Named First Rating Agency Approved in New Zealand
- Lockton Study Finds Recent Catastrophes, Changing Models Affecting Property
- RMS Expert Explains Role of ‘Social Network’ in Tracking Down Bin Laden
- Best Sees no Change to Greenlight Re’s Ratings with New CEO
- AIR Worldwide Cat Models Now Cover Industrial and Renewable Energy
- Searchers Find Second Air France Crash Flight Recorder
- Majestic Capital Commences Chapter 11 Bankruptcy Proceedings
- Special Report: As Pirate Attacks Increase, Ship Owners Take Arms
- World on Alert after U.S. Kills bin Laden
- Ratings Roundup: Elwood, Taiping (Singapore), Topiary Capital (Cat Bonds)
- Top 10 Risks Facing Business Leaders
- First Quarter Earnings Reports: AXIS Capital, Aspen Re
- S&P: No. Am, Bermuda Insurers Enhancing Enterprise Risk Management Efforts
- Deep Sea Search Locates, Recovers Air France Flight Data Recorder
- Japan’s Edano: No limit on Tepco Nuclear Compensation Claims
- Somali Pirates Seize Singapore Tanker off Kenya Coast
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