International & Reinsurance News for June 2010
- European Insurance Risks Shifting, CEIOPS Sees No Overall Rise
- S&P ‘Cautiously Optimistic’ on UK’s P/C Sector; Sees Rising Prices
- Ironshore Environmental to Provide Global Coverage Through London Syndicate
- Aon Expands Captive Consulting Capabilities in Bermuda
- Catlin to Establish Swiss Reinsurer
- ACE’s Greenberg Urges Ratification of U.S./Korea Trade Pact
- G20 Leaders Views on Economy, Budget Deficits, Bank Regulation, Yuan
- TS Alex -Season’s 1st Named Storm- Strengthens over Gulf of Mexico
- Insurance Supervisors Warn Against European Union’s Levy on Sector
- President Obama Urges Changes In Stalled World Trade Talks
- NHC Sees 60% Chance Caribbean System Could become Tropical Cyclone
- Aon Benfield, Cologne University to Study European Windstorms
- S&P Revises Outlook on Allied World to Positive; Affirms Current Ratings
- Ratings Roundup: Argo Re, Delvag, Guardian Life/General
- Best Affirms Brit’s ‘A’ Ratings
- Earthquake, Tornado, Storms Hit Canada’s International Summit Site
- Lloyd’s Launches ‘Science of Risk’ Prize Competition
- RMS Summarizes ‘Cat Peril’ Conclusions in CEIOPS Report
- Marsh Appoints Woolley and Petit-Lambotte as EMEA P/C Leaders
- Catlin Makes Board Changes
- UK Broker Price Forbes Launches Treaty Reinsurance Division
- Towers Watson Sells VIPitech Unit to Fitch’s Algorithmics
- Cooper Gay Sees Opportunities in Local Professional Liability Laws
- ABI ‘Applauds’ UK’s Budget Austerity; Will Help Insurers to Compete
- Aegon May Sell Transamerica Re; to Concentrate on UK Units
- Willis Programs, Krause and Butt Launch RecycleGuard in Ontario
- 30 Dead, Thousands Missing in Brazil Floods; RMS Analysis
- Sorenson is New I.I.S. Chairman
- Willis Opens New Kazakhstan Office
- Best Lowers Ratings on BP Captive Jupiter; Outlook Remains Negative
- 150 Reported Dead, Millions Homeless in China Floods; RMS Report
- Ratings Roundup: TT Club Mutual, Nat. Life/General (Oman)
- UK Regulatory Consultant Analyzes Financial Services Regime Change
- Beazley’s Broker Relations Head Lauds Value of Broker Networks
- Death Toll Rises to 132 in Southern China Floods; 860,000 Flee Homes
- Insurers Revive Cat Bond Market
- Chubb’s New Lloyd’s Syndicate Inks First New Business in Expansion Plan
- Deadline Extended for AIG’s $2.2 Billion Sale of Taiwan Life Unit
- Celia is First Eastern Pacific Hurricane; Currently No Threat to Land
- Best Affirms PartnerRe Group’s ‘A+’ Ratings; Outlook Stable
- Lloyd’s Team to Assess Chile Earthquake
- U.S. Ex-Im Bank Gives Financial Support to Rebuild Chile Infrastructure
- Best Affirms Fuji Fire & Marine ‘B++’ Ratings; Outlook Revised to Stable
- BrokersLink Appoints Chartis Senior V.P. Battifarano as CEO
- Ratings Roundup: Allianz (Italy), MAPFRE PRAICO, Maiden
- EU Leaders Meet to Work on Ways to Prevent New Debt Crises
- BrokersLink Network Expands Number of Specialized Service Providers
- Wildbore to Head New Willis Re Toronto Office
- FSA Chairman Comments on UK Gov’ts Plans for Regulatory Reform
- Flash Floods Take 20 Lives in Southern France
- UPDATE: NHC Lowers Prediction for Tropical Cyclone in Atlantic
- ACE UK Launches Compliance Clarity Program for Multinationals
- Marsh Study Examines Benefits and Risks of ‘Sustainability’
- UK Finance Minister to Propose New Regulatory Scheme
- Best Affirms ‘A+’ Ratings of Canada’s Intact Insurance Group
- Ratings Roundup: Farmers Mutual (N.Z.), Shore Re, NGI
- Jardine Named as New Deputy Chairman by Council of Lloyd’s
- Aon Benfield Report Identifies ‘Mega-Earthquake’ ‘Hotspots
- Marsh Report Examines Need for Innovation in Captives
- AIG’s Shares Boosted by AIA Optimism
- ACE Enhances Personal Assets Coverage for Individual UK Directors
- Apollo Bid for UK’s Brit Insurance Seen Viable at around $16.30 a Share
- NHC Tracking Potential Tropical Cyclone in Atlantic
- OECD Launches Platform to Coordinate International Terrorism Insurance
- Resolution Close to $4 Billion AXA Deal
- Guy Carp Appoints Flynn Global COO
- Swiss Re Sees Growth, Capital Concerns; Chile Quake Loss Now $630 Million
- Study Finds Melting Mountains Put Millions at Risk in Asia
- Graham, Luzzi Elected as FERMA Vice-presidents; Saka as Director
- UK Brokers Berkeley, Beaumonts Recommit to Willis Commercial Network
- RSA Chairman Warns President Obama over Attacks on BP
- Time Out for the World Cup
- Weak Predators, Demanding Prey Stymie Lloyd’s M&A
- Ratings Recap: Avalon Re, Misr, Central Re
- Allied World Establishes Syndicate 2232 at Lloyd’s of London
- Catlin Appoints Weber as Group Treasurer
- Coface Receives Russian License; Aims to Be European Rating Agency
- Global Regulators Seek Coordination for Financial Reforms
- Drury Joins Miller for Multinational Business
- Best Affirms Workers Comp Reinsurer Eastern Re’s ‘A-‘ Ratings
- Popplewell to Head New Marsh International Nuclear Practice
- Cologne Re (Germany) to Rebrand as General Re
- Popplewell to Head New Marsh International Nuclear Practice
- Faber & Dumas (Willis) Global Special Risks Unit Opens Calgary Office
- CNA Completes Sale of Its Argentinean Subsidiary to QBE
- Munich Re: ‘Ever Higher’ Nat Cat Costs; Ups Chile Quake Loss to $1 Billion
- ‘Green Energy Systems’ Now ‘Essential’ Says Lloyd’s
- ACE Global Markets Appoints Brett Director of Aviation
- Insurers Worry EU Could Extend Bank Levy to Other Financial Firms
- Football World Cup Insurance Coverage Totals Nearly $9 Billion
- G20 Finance Ministers Don’t Even Try to ‘Spin’ Impact of Europe’s Debt Crisis
- London Market Group Launches ‘Next Phase’ of Electronic Endorsements
- London Broker Cooper Gay Warns Multinationals on D&O Protection
- Mapfre Global Risks Launches New Website
- UK’s Griffiths, Miller; UAE’s Associated Join Assurex Global Network
- Ratings Roundup: Wentworth, Gulf Re
- Rating Agencies React to BP’s Oil Spill; Best Revises Jupiter Outlook
- Marsh Launches New Practice for UK’s Insolvency Sector
- Aon Scientist Analyzes Insurance Coverage for Volcanic Eruptions
- Why Some Volcanic Eruptions Produce Ash Clouds and Others Don’t
- P/C Trade Groups Join GNAIE in Opposing Unitary Accounting Standard
- Torus Names 3 Senior Execs for Professional Lines in France, Germany
- Guy Carpenter Terrorism Report: Insurance Supply Outpaces Demand
- Aon Sees Progress Against Terrorism, But Threats are Evolving
- Genstar Capital Acquires Canada’s Granite Global Solutions
- Cyclone Phet Takes Aim at Oman; Pakistan on Alert
- Braemar Marine Expands in London, Singapore, Europe
- Prudential Deal Exit Raises Prospects for AIA IPO
- AIR Analyzes Agatha; Despite Damages Insured Losses Not ‘Significant’
- CSU Team Increases 2010 Atlantic Hurricane Forecast to 10
- Ironshore Canada Enters Financial, Professional Lines Market
- Chubb Establishes New Syndicate at Lloyd’s
- Insurance Australia Group Strengthens UK Claim Reserves
- AXA Extends Talks with National Australia Bank on AXA Asia Pacific Deal
- Bermuda Monetary Authority Launches Pilot Internal Capital Model
- AIG Rejects Lower Prudential Offer for AIA; Deal in Jeopardy
- Tropical Storm Agatha Kills 99 in Central America
- Aon Begins 4-Year Term as Official Manchester United Shirt Sponsor
- WTO Questions China’s Export Barriers
- Rich/Poor Rifts Stall Progress at UN Climate Talks
- AIR Report Analyzes Potential Hurricane ‘Implications’ of Gulf Oil Spill
- Ratings Recap: Cooperativa, Patria Re
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