International & Reinsurance News for February 2010
- Former Mass. Commissioner Singer Joins Everest Re Board
- RenRe Promotes Durhager to Exec. VP
- Allianz 2009 Net Income up 13% at $6.4 Billion
- UN Plans to Create Science Panel to Review IPCC Findings
- Marsh Says UK’s Manslaughter Act Heightens Risk Management Need
- Geneva Association: ‘No Systemic Risk from Insurance Core Activities’
- Celent Releases Report on French Insurance Industry
- World Warming Unhindered by Cold Spells Say Scientists
- ‘Hackers’ Prompt Lockton to Advise Risk Managers on Cyber Thieves
- CCRIF, CIMH to Launch Excess Rainfall Model for New Insurance Policy
- Italian Court Convicts Google Executives for Italy Autism Video
- Ratings Recap: Generali (France), Tokio Marine Pacific, swisspartners
- Best Affirms, Withdraws Novae Group and Subsidiaries Ratings
- Protective, MAPFRE Sign Agreement for Non-U.S. Vehicle Service
- Zurich Surety, Credit in Alliance with Korea Export Insurance Corp.
- Lloyd’s Ranked as one of UK’s ‘Leading Business Brands
- Has Flu Pandemic Peaked? ‘Not Quite,’ Say Health Experts
- Marsh Concludes Energy Sector Applies Risk Lessons from Past Losses
- Aon Finds P&I Club Renewals Face ‘More Benign’ Environment
- Platinum Increases Share Repurchase Plan; Sets Annual Meeting Agenda
- Copenhagen: Billions in Aid Seen as Key to Climate Talks Success
- Wills’ Faber & Dumas Appoints Tollan to Drive Revenue Growth
- Caribbean Cat Facility Teams with UN Commission for Nat Cat Strategies
- WTO Envoys Despondent as Prospects for Doha Accord Dim
- Best Maintains Stable Outlook on Global Non-Life Reinsurance Industry
- Berkshire’s National Indemnity Stake in Munich Re Exceeds 5%
- Meyenhofer to Retire from Chairmanship of PartnerRe Global
- U.S. Chamber Study: Greenhouse Gas Will Rise Despite Accords
- Argo Group Net Income Rose by 87% in 2009 to $117.5 Million
- Validus Reports $165.8 Million Q4 Net Income; $897.4 Million Full Year
- U.S. Chamber Names Rashish for Europe, Eurasia Post
- At Least 40 Die, as Floods, Mudslides Strike Island of Madeira
- Torus to Raise $185 Million in Additional Equity Capital
- Montpelier Re Posts $104.7 Million Q4 Net Income; $463.5 Million Full Year
- Gilvey to Head Willis UK/Ireland Risk Solutions Sales, Client Development
- European Insurers Increase Payouts, as Capital Recovers
- Germany’s Munich Re and Allianz to Wind Down Business in Iran
- United America Indemnity Plans to Re-Domicile in Ireland
- AMP Hints it May Improve AXA Asia Bid
- Swiss Re Rebounds from 2008 Loss; Reports $469 Million FY Net Income
- Kyoto Climate Pact Risks Dying, as No New Agreement is in Sight
- UN Climate Chief to Quit in July
- LeStrange to Retire as Endurance CEO, President; Cash to Succeed Him
- AJ Gallagher Buys Brazil Facultative Reinsurance Broker
- AXA Asia-Pacific Returns to Profit; No Comments on Takeover Bids
- Arch Capital Posts $284.7 Million Q4 Net Income; Conference Call Today
- Lockton Expert Analyzes Product Contamination, Recall Insurance Market
- PartnerRe Repurchases App. 1.7% of Common Shares Outstanding
- Flagstone Re Reports $71.5 Million Q4 Net Income; FY $242 Million
- Catlin Opens Office in Melbourne
- EMEA Commercial Insurance Market ‘Stable’ Says Marsh Report
- Willis CEO Plumeri Reiterates Broker’s Contingent Commissions Rejection
- Best Affirms Lloyd’s Syndicate 382 Ratings & Hardy Underwriting
- 18 Die in Head-on Belgian Rail Crash; 150 Injured
- Lloyd’s Analyzes Lurking Danger of Active Volcanoes
- CaribRM a Finalist for Innovative Financial Solutions Grant Award
- Lloyds Banking Group to Sell its 70% Stake in Online Insurer esure
- PartnerRe Changes Organizational Structure after PARIS RE Acquisition
- AXIS Capital Forms Renewable Energy Insurance Team
- RSA Acquires Oman’s Al Ahlia
- Italian Auto Insurers’ Shares Could Gain from Price Increases
- Ratings Roundup: Compania Internacional, Oman Insurance
- Catlin Group Posts Record $603 Million Pre-tax Profits
- Malhi Joins ACE Europe as Account Engineer-Property
- Honda Adds 437,000 Cars to Global Faulty Air Bag Recall
- PartnerRe Full Year Net Income Soars to $1.53 Billion; Q4 $354 Million
- Aspen Net Income Bounces Back; $474 Million Full Year, $126 Million Q4
- US Climate Envoy Says China Tepid on Climate Change Agreement
- Haiti Death Toll Rises to 230,000; CCRIF, CIMH Study Future Disaster Mitigation Efforts
- Australia Competition Watchdog Concerned over NAB’s AXA Apac Bid
- Armour Re Selects Barker to Serve as U.S. Subsidiary President
- Toyota Adds Prius to Global Recall List; Brake Problems Cited
- WTO’s Lamy Says Doha Deal Still Possible in 2010
- Petros Joins Marsh’s Financial and Professional Practice
- AXIS Posts Q4, Full Year Net Income Gains; Conference Call Details
- AMP to Consider Position on $11 Billion AXA Asia Deal
- Deutsche Bank Boss Proposed for Zurich Board
- Meteorology: It’s Not ‘Rocket Science;’ It’s a Lot More Complicated
- Lloyd’s Releases 3-Year Strategy for 2010-12
- Scott Joins Torus Insurance as Power & Utilities Underwriter
- Barney & Barney Expands International Practice
- Jubilee MGA Merges Lloyd’s Syndicates 1231 & 5820
- Scant Arctic Ice Could Mean a Summer ‘Double Whammy’
- Catlin Appoints Zingg Group Chief Investment Officer
- Zurich 2009 Net Income up 6% to $3.2 Billion; Farmers Boosts Profits
- Willis Sees Premium Rates Softening for Mining Industry in 2010
- Willis Posts Q4, Full Year Gains
- Strunden Joins U.S. RE ApS; Skafte Promoted to VP
- Cat 4 Tropical Cyclone Oli Strikes French Polynesia; RMS Analysis
- ACE Posts $2.549 Billion 2009 Net Income; Conference Call Today
- Melody to Head New Barney & Barney European Office in Germany
- Best Assigns ‘A’ Ratings to Starr International Insurance (Asia)
- Allianz, Daimler Sign International Auto Coverage Partnership Agreement
- Best Assigns ‘B+’ Rating to Petrovietnam Insurance; Outlook Positive
- Willis Names Wood Interim CFO
- Ratings Roundup: Validus (Notes), South China
- Munich Re to Post $3.57 Billion 2009 Profit; 95.3% Combined Ratio
- Tannock Named XL Insurance President
- Walsom Joins Miller’s Board as Non-executive Director
- Six Experienced Execs Join Aon’s London Aviation Team
- Bermuda Signs Tax Pact with Japan
- Concorde Trial Starts in France 10 Years after Crash
- EU Insurance Regulators Annuity Capital Decision Postponed
- Marsh Sees Lower Risk Costs for National Oil Companies
- Trade Ministers at Davos Express Pessimism on Reaching WTO Accord
- Torus Appoints Groth Group Chief Risk Officer
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