International & Reinsurance News for November 2011
- Renewable Energy Sector Presents Rising Risks, Demand for Insurance
- Pickering Named CEO of Willis South Africa
- Hendrick to Succeed Duclos as Head of XL Group’s Insurance Unit
- Foreign Insurers Must Decide If China’s Growth Outweighs Disadvantages
- Man Released from Aruba Jail Still Suspect in Traveler’s Death
- Arbitrators Near Jurisdiction Call in Chevron-Ecuador Pollution Case
- Thai Flood May Hit Asia Harder Than Japan Disaster: Official
- Validus Ends Transatlantic Takeover Bid
- Ratings: Bahrain Kuwait, Twin Bridges/Majestic, GTA Assur, Bahamas First, swisspartners (SPV & SPC)
- Best Briefing Concludes Majority of Thai Flood Losses from BI Claims
- Best Affirms Hiscox and Operating Companies ‘A’ Ratings; Outlook Stable
- Willis UK Networks Given ‘Chartered Insurance Brokers’ Status
- Catalina Holdings Names Kauer CFO/COO of Glacier Re in Runoff
- India’s Bharti, Reliance End Talks on Insurance Joint Ventures Deal
- Last Chance to Save Kyoto Deal at Durban Climate Talks
- World Economy Counts the Cost of Euro Zone Dithering
- Ironshore Australia Launches M&A Product Suite
- Ratings Recap: BEST RE, Garant, ZEP-RE, East Africa Re, Custodian
- Best Affirms AXIS Specialty, Affiliates Ratings; Raises Outlook to Positive
- Lockton Market Update Sees Signs of End to Executive Risks Soft Market
- Willis Re Canada Appoints Bradshaw as Board Chairman
- Best Performs Added Stress Testing Due to Europe’s Economic Uncertainty
- Riley to Succeed Hurst-Bannister as Chairman of LMG
- Brazil Fines Chevron $28 Million for Oil Spill; Backlash Feared
- Record High Greenhouse Gases to Linger for Decades
- ABI Endorses ‘Tougher Measures’ to Improve Young Drivers’ Safety
- JLT Re Names Beatty Managing Director – Asia Pacific
- UK Security Firms Take up Arms against Pirates
- Best Places Generali, Main Subsidiaries’ Ratings under Review/Negative
- Best Affirms Zurich Insurance ‘A+’ Ratings; Outlook Stable
- Chevron Takes Full Responsibility for Brazil Oil Spill
- Insurers Bracing for Thai Flood Claims over $10 Billion
- Buffet on Japan Visit; Says Euro Zone Has ‘Major Flaw’
- LMA Highlights Training Academy Role with Baker Appointment
- IPCC Report Concludes Extreme Weather to Worsen with Climate Change
- Ratings Roundup: Wawanesa, AmerInst, First Net
- Best Affirms Arab Re’s Ratings; Outlook Revised to Stable
- Pressman Appointed to Aspen’s Board of Directors
- Allianz Asia CEO Says Thai Floods Could be Costliest Disaster in a Decade
- U.S. Ambassador Urges China Not to Interfere in Business
- AmTrust Europe to Open Branch in Italy
- Catlin, China Re Announce Strategic Partnership; New Lloyd’s Syndicate
- Japan Probes Possible Olympus Organized Crime Links – Source
- Aon, ACE Integrate London Exchange for Accounting and Settlement
- Breaking up the Euro? Try Unscrambling an Omelet – an Analysis
- Int’l Chamber of Commerce Survey: ‘World Economic Climate Has Worsened’
- Fitch Affirms Everest Re’s Ratings; Outlook Stable
- Dobelbower Joins Lockton’s International Benefits Practice in Washington, D.C.
- Torus Strengthens European P&C Platforms with New Appointments
- Reuters Analyst Warns World Must Keep Focus on Climate Risk
- UK’s Huber Dixon, Sterling Offer Renewable Energy Coverage
- Best Affirms Flagstone Re Africa Ratings; Put Under Review-Negative
- HK Shares Close Down 2%; Chinese Insurers Slump
- Manulife Expands Asian Reach with Cambodia Unit
- Insurance Association Head Says China May Open Auto Market to Foreign Firms
- IAIS Calls for Greater Scrutiny over Non-traditional Insurance
- Willis UK Broker Networks Add Nine New Members
- Aon Benfield Launches Updated UK Terrorism Cat Model
- Italy, Southeast France Hit by Heavy Rains, Floods: AIR Analysis
- SCOR Reports Q3 Net Income of $255 Million; Gains on Transamerica Sale
- AmWINS Confirms Intention to Acquire London-based THB Group plc
- Liberty Mutual Completes Deal for Ireland’s Quinn Insurance Operations
- Best Issues Special Report on New Zealand’s Non-Life Insurance Market
- MMA (UK) Revamps Shops, Offices, Surgeries Products for Brokers
- RSA Makes Changes to Operational Structure, Executive Team
- Lockton Now Trading by ‘e-Accounts’ in London Market
- FERMA Pushes Brazil to Relax Reinsurance Regulatory Restrictions
- Spate of Disasters Exposes Supply Chain Weakness
- Allianz Q3 Net Profit Hit by ‘Market Turmoil; Figures Show Decreases
- Does the Legacy of the Great War Still Haunt Europe?
- Australia Urges Breaking up Doha Round into Smaller Pacts
- Hicks Joins UK’s Miller for Corporate Risks
- Willis Report Concludes Airline Industry is Buyers’ Market
- AIR Updates Analysis of Thai ‘Historic’ Flooding; BI Will Impact Insurers
- Hannover Re Posts $518 Million 9-Month Net Income
- Zurich Reports $3.2 Billion 9-Month Net Income; Operating Profit $3.258 Billion
- UK Court Rules Catholic Church Liable for Priest Wrongs
- Aon’s Study of Airline Insurance Industry Finds Divergent Trends
- Swiss Re Places $130 Million Cat Bond for Hurricanes, European Wind
- Best Affirms Torus Insurance Holdings and Operating Subs Ratings
- Validus’ Increased Offer for Transatlantic Presented Directly to Shareholders
- IMF Head Warns World Economy Risks a ‘Lost Decade’
- EU Finance Ministers Reaffirm Climate Funding for Developing Countries
- Munich Re Posts $400 Million Q3 Profit in a ‘Difficult’ Year
- Japan Tries, Again, to Cut Corporate Ties to Yakuza Crime Syndicates
- AIR Worldwide Launches Inland Flood Model for Germany
- Accounting Board May Change its ‘Fair Value’ Rule
- In Abrupt Turnaround, Olympus Admits It Hid Losses for Decades
- Ratings Recap: Tokio Millennium Re, Alterra Re Europe, Harmony General
- Aon Appoints Manwaring to Lead Legal Indemnity Practice
- Third Quarter Earnings Report: Maiden Holdings
- Best Affirms Hannover Re and Subs ‘A’ Ratings; Outlook Positive
- Floods Hit France, Italy; UK Motorway Crash Leaves 7 Dead, 51 Injured
- Third Quarter Earnings Reports: Argo Group
- Aon Benfield Monthly Cat Report Says Thai Floods Insured Loss over $5 Billion
- Professional Indemnity Expert Carver Joins Miller from Aviva
- Loudwill Joins Endurance Specialty for Casualty Treaty
- Economist Risk Summit Urges Execs to Adopt Longer Term Perspectives
- Broker/Analyst Cheuvreux Urges Buffett to ‘Come to Europe’
- Lloyd’s Analyzes Baden-Baden Reinsurance Renewal Conclave
- Ratings Recap: Trinidad & Tobago, Newport Bonding, Petrovietnam
- Third Quarter Earnings Reports: Alterra Capital, AXIS Capital, XL Group
- Survey of Global Bribery Ranks Countries
- Steamship Mutual Sets 5% Premium Increase for 2012
- France, Germany Give Greece Ultimatum on Euro
- Swiss Re Reports $1.3 Billion Q3 Net Income; Minimal Sovereign Debt Exposure
- Batchelor Appointed Head of Marsh’s International Division
- Third Quarter Earnings Report: Renaissance Re
- Italian Finance Chiefs to Meet as Crisis Mounts
- Helping Banks is Hurting Insurance Industry Geneva Association Tells G20
- Ironshore Australia Launches Affirmative Defense Cost
- Third Quarter Earnings Reports: White Mountains, PartnerRe
- ‘Parametric’ Covers Central to Insure Public Entities Says Cooper Gay Exec
- US, EU, Japan Press China on Financial Services Reform at WTO
- EU Says Doha Deal Could Boost World Exports by $505 Billion, If Revived
- Greek Referendum Plan Threatens New Euro Zone Crisis
- Liberty International Opens New Office in Hamburg
- S&P Affirms Montpelier Re Ratings; Outlook Stable
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