International & Reinsurance News for January 2010
- Zurich Eyes Brazil Growth
- EU Welcomes China’s Support Against Somalia Piracy
- RMS Analyzes Haiti Earthquake, Regional Repercussions
- Zurich’s Foundation Supports ILO’s Microinsurance Facility
- Icelandic Insurer Exista HF Raided by Anti-fraud Agents
- Haitian Government Receives $7.75 Million from CCRIF
- Political, Financial Risk Levels Continue High in 2010, Says Aon
- WTO’s Lamy Praises Obama’s Comments on Increasing Trade
- Ratings: RSA Canada, Korean Re, New India, Labuan Re, Al-Ahleia, Generali/Volksfuersorge, GCAN
- Obama Job Drive Earns Business Plaudits at Davos
- PartnerRe’s January Non-Life Treaty Renewals ‘Stable’
- U.S. Treasury Investigator Says French Regulator Was Open to AIG Talks
- Zurich Insurance Launches in Bahrain
- Buffett’s Berkshire Amasses $1 Billion Stake in Munich Re
- Davos Report: Business Leaders Warn Regulations May Crimp Recovery
- Kingsway to Sell Jevco; Best Says Lincoln Still Weighs
- Aon Benfield Launches Global Facultative Re Platform
- ABI Estimates November UK Flood Losses Exceed $322 Million
- Torus Appoints Guesde to Lead European Casualty
- IPCC Acknowledges Himalayan Glacier Error; Defends Overall Assessment
- Zurich Enhances Global Risk Assessment Module
- AIG Reportedly Scraps Plans to Sell Aircraft Leasing Unit
- Ethiopian Airlines Plane Crashes in Sea off Beirut, Bodies Found
- UK Fraud Costs $48 Billion a Year; ABI Calls for ‘Zero Tolerance’
- Asia Special Situation Acquisition Corp. Makes Insurance Company Buy
- Best Affirms RSA Group’s ‘A’ Ratings
- Markel Selects Wilson to Direct International Development
- European Union Maintains Current Carbon Emissions Offer
- UK’s Miller to Expand Cover Holder Business in Europe
- London Market Group Aims for More Modernization in 2010
- Tropical Storm Magda Threatens Northeastern Australia
- Willis Extends Plumeri’s Contract
- Validus Prices Debt Offering; S&P Rates Issue ‘BBB-‘; Affirms Ratings
- Best Raises PARIS RE and Affiliates Ratings to ‘A’; Outlook Positive
- Lockton Acquires Equity Stake in South Korean Broker IMI
- AXA Asia Pacific Profit Upgrade Stirs Talk of Higher Bid
- U.S. Senate Vote Dims Hopes for Stronger World Climate Pact
- Connolly Joins Miller Energy Unit
- S&P:No Downgrades for Financials, Insurers from Japan Airlines Bankruptcy
- Caribbean Risk Managers Publishes Updated Report on Haiti Quake
- Torus Adds Personnel for New UK-based Property Team
- Markel International Appoints Davies as Marine, Energy Underwriter
- Somali Pirates Release Greek Supertanker for $5.5 Million
- Swiss Re in $1.268 Billion Deal with Berkshire Hathaway Life Insurer
- Best Affirms Aspen’s ‘A’ Ratings
- XL to Move Corporate Domicile to Ireland
- Ratings Roundup: Ins. Corp. Barbados, Ansvar, National Grid
- World Economic Forum Presents Global Risks Report for Davos Summit
- Copart to Acquire Five UK Facilities
- Winter Weather Freezes UK, Europe, But Impact is Limited
- Private Insurance Market in Haiti Small
- Troops, Food Headed for Haiti As Quake Toll Soars
- Massive Quake Strikes Haiti; EQECAT Estimates ‘2 Million’ Affected
- Haiti Earthquake to Cost Insurers Millions: Equecat
- Much of Haiti Damage Uninsured
- Tens of Thousands Feared Dead, Capital in Ruins From Haiti’s Catastrophic Quake
- Companies Offer Aid for Haitians; Caribbean Risk Pool Pays $8M
- Zurich Transfers More General Insurance Business to Irish Subsidiary
- EU Trade Commissioner-Designate ‘Unsure’ over Doha Conclusion in 2010
- S&P Comments on RenRe’s Management Changes; No Rating Change
- Best Reports Reinsurers See Orderly, but Soft, January Renewals
- Arc Legal Dominates Irish Motorcycle Market with AXA Ireland Deal
- Marsh Names Macey-Dare Leader Int’l. Political Risk, Structured Credit
- Lockton Promotes Hall as Managing Director for Cargo
- UK Report Calls for Research on Nanoparticles in Food
- ACE Europe Appoints Ainslie Technology and Cyber Liability Underwriter
- TriSystems Readies New ‘Cost-Effective’ Platform for Lloyd’s Brokers
- Lloyd’s Analyzes New and Changing Risks
- Liberty Mutual Receives China Approval to Open Zhejiang Branch
- RMS Forecasts Increased Growth for Insurance Linked Securities in 2010
- ACE Gives Earnings Guidance for 2010
- UPDATE: 1,000 People Left Homeless on Solomons after Tsunami
- Willis Commercial Network Expands into Northern Ireland
- Marsh: Corporate Governance ‘Largely Undeveloped’ in United Arab Emirates
- Swiss Re Obtains $150 Million Cat Bond Cover for Calif. Quakes
- Flooded Australian Regions Declared Disaster Zones
- Quakes Shake Solomon Islands; No injuries or Damage Reported
- Filipino Seafarers to Undergo Anti-piracy Training
- Max Capital Appoints Monk as Global Chief Actuary
- Ryland Named Armour Re Sr. VP
- Cargo Ship and Tanker Hijacked off Somali Coast
- Willis Completes Change in Country of Incorporation to Ireland
- Torus Appoints Richardson, Sr.VP for Human Resources
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