International & Reinsurance News for July 2010
- A.J. Gallagher Buys Remaining Interest in Australia’s Specialised Broking
- Japan Tanker Shows How Getting Answers on Ship Security Not Easy
- New International Accounting Standard Aims to Clarify Insurers’ Profits
- Thai Doctors Protest Proposed Malpractice Liability Law
- Torus Targets New Business in Europe with Executive Appointments
- SCOR’s Q2 Net Income up 32% to $157 Million; $204 Million Half Year
- Aspen Q2 Net Steady at $109 Million; Operating $105 Million
- Everest Re Posts $156.7 Million Q2 Net Income; CEO Taranto to Step Down
- Endurance Reports Q2 Net Income of $58.6 Million; $57.7 Million Operating
- Ten Key Indicators Show ‘Global Warming is Undeniable’
- Japan Supertanker Probe Reveals Crash Impact
- S&P Raises Arch Capital Group’s Ratings to ‘A-‘; Outlook Stable
- Ratings Recap: Skandia, Al Fajer Re
- Marine Specialist Fraser Joins UK’s Miller
- Best Revises Outlook on Lancashire to Positive; Affirms Ratings
- ACE Reports $677 Million Q2 Net Income; Operating $688 Million
- ‘Freak Wave’ Damages Japan Supertanker in Strait of Hormuz
- Many Feared Dead in Pakistan Plane Crash
- RSA Acquires 123.ie in Ireland
- RenRe Reports $210 Million Q2 Net Income: $140 Million Operating
- Lord Lang to Succeed Hardis as MMC Board Chairman in May 2011
- Insurance Australia Group Sees FY Profit; Makes Management Changes
- EU Toughens Sanctions on Iran; Talks Sought; Insurance Cut-Off Weighs
- Goldie to Succeed Clarke as Head of PartnerRe Global Specialty Lines
- Best Assigns ‘A’ Ratings to China Re Group; Outlook Stable
- Montpelier Re Reports $70 Million Q2 Net Income; $73 Million Operating
- Arch Capital Posts $237 Million Q2 Net Income; Operating $132.2 Million
- 19 Killed in Mass Panic at Germany’s Love Parade
- JLT Expands International Network with 3 New Agreements
- UK Insurers Hit with over 2,300 Fraudulent Claims Every Week
- Lloyd’s Lauds Buoyant Brazil
- Report Forecasts Rough Sailing for Canadian Insurers’ Results
- Robertson Taylor Names Johnstone Music & Entertainment Manager
- SCOR Posts 19% Premium Gain on Half Year Non-Life Treaty Renewals
- Typhoon Chanthu Hits South China – AIR Report
- Allianz Realigns Global Cooperation with Car Manufacturers
- Chinatrust Still Interested in Pursuing AIG Taiwan Unit Talks
- 70% Chance of Tropical Cyclone Formation Says NHC
- Business Groups Press Emerging Economies over Doha
- Bowring Marsh Opens New Office in Hong Kong
- Floods, Landslides Kill 37 in China
- Is Global Warming Causing More Frequent, More Powerful Hurricanes?
- Aon Benfield Launches ‘ImpactOnDemand’ Cat Risk Management Tool
- Obama, Cameron Push Sanctions on Iran, Including Insurance
- Navigators Syndicate 1221 Co-Locates with Lloyd’s in Brazil
- Kelly Steps Down as ABI Director General
- NHC Tracking Potential Tropical Storm
- Eurotunnel Posts $58.5 Million First Half Loss from Insurance Pay Delays
- Ratings Roundup: Consumer Services, B&B
- Moody’s Downgrades Ireland’s Sovereign Debt Ratings; Outlook Stable
- Canada Trade Minister Urges Action on Big Doha Issues
- Ex-Prudential (UK) CEO Tucker Named to Head AIA before IPO
- Aon Benfield Launches First Pan-Asian Typhoon Model
- HCC Names Hervy, Vezio to Manage Global International Operations
- UK’s Miller Expands Property Reinsurance Business
- China Braces for Typhoon Conson; Vietnam Evacuates Thousands
- Zurich Ups UK, Ireland Loan Loss Provisions by $330 Million
- Report WTO’s Lamy Says Doha Participants Are Preparing Final Deal
- Torus Executive Risks to Launch Professional Indemnity Platform
- Lloyd’s Welcomes Passage of Dodd-Frank Financial Reform Act
- 9 killed, 10 Missing as Typhoon Conson Lashes Philippines
- Cunningham Lindsey Completes Expansion in Germany, Spain, France
- Argo Group Estimates Q2 Cat Losses at $20 to $25 Million
- Aon’s Logo Now Featured on New Manchester United Team Uniform
- ACE UK Appoints Shaw President ACE Global Markets; Underwriter Syndicate 2488
- Best Sees No Change in PartnerRe’s Ratings after Executive Shakeup
- PartnerRe Completes Organizational Integration of PARIS RE
- S&P Concludes Takaful, Retakaful Insurance to Continue Growth Trend
- Lloyd’s: ‘Tidal Wave’ of Globalization also Creates New Risk ‘Pathways’
- European Union Fails to Reach Accord on Financial Supervision
- Swiss Re: Pools & Parametric Covers, May Lessen Nat Cat Impact
- QBE Europe Promotes Tonchev and Jenny
- AIG Board to Consider AIA’s Future; IPO Seen Most Likely Option
- Ratings Roundup: Heddington, MS Frontier, Oman Insurance
- Munich Re Provides $96 Million Cat Bond to Mass. Property Association
- Cooper Gay, Swett & Crawford Complete $3.5 Billion Deal
- Berne Union Upbeat on Global Trade, Credit Insurance
- PartnerRe’s Exec. VP, CFO Benchimol to Step Down in December
- PartnerRe Names Clarke, Babcock, Pescoe to New Management Roles
- Lloyd’s Won’t Insure or Reinsure Petroleum Shipments for Iran
- Marsh’s UK National Corporate Names New Leadership Team for Scotland
- AXIS Expands Global Accident & Health Coverage
- ACE Appoints Furby Division President, Overseas General Operations
- First Half 2010 Catastrophe Losses Double Average at $22 Billion
- Ariel Re Granted Brazil License
- IMF Raises 2010 World Wide GDP Forecast; Flags European Risks
- Brokers in London Market Survey ‘More Positive’ about Lloyd’s
- ACE Group Appoints Six New Global Client Executives
- Climate Scientists Praise Report on Hacked E-mail Scandal
- Lloyd’s Foresees Further Growth in China from Grant of Direct License
- Ratings Roundup: Glacier AG, Ansvar, Adamjee
- UK Inquiry Concludes E-mails Do Not Undermine Climate Change Research
- 40% Chance for a New Storm in Gulf Says NHC
- Zurich Foundation Endows New Risk and Insurance Professorship
- WMO Foresees La Nina in Pacific this Year
- Chubb to Open Branch in Nanjing
- Best Affirms Lloyd’s ‘A’ Ratings
- Lloyd’s Marine Underwriters Examine How to Comply with Iran Sanctions
- Dutch Review Backs U.N. Climate Panel Report
- ACE Expands Environmental Risk Team
- Report EU Energy Commissioner to Issue Oil Spill Rules
- Caribbean Countries Renew Hurricane, Earthquake Coverage
- Aon Reports Declines in July Reinsurance Renewal Rates
- Best Removes Glacier Re Ratings From Review; Assigns Negative Outlook
- AIR Estimates Mexico’s Hurricane Alex Insured Loss under $200 Million
- Tom Bolt: An American Takes Over as Lloyd’s Director of Performance Management
- Willis Re Finds Chile Quake, Storm Losses ‘Little Impact’ on Re Pricing
- Best Upgrades Markel International’s Issuer Credit Rating
- Best Affirms Ratings of Markel’s Lloyd’s Syndicate 3000
- Willis Re Appoints Byng to Lead New Property Resource Group
- Torus Completes Acquisition of Glacier Insurance AG
- UNFCU Financial, Clements International to Offer Life, Accident Program Overseas
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