International & Reinsurance News for September 2010
- AIG to Sell Japan Life Units to Prudential (U.S.) for $4.8 Billion
- UK, Guernsey Execs Strengthen Relationships with China
- UK Auto Market ‘Saturated’ as Claims Rise Says Towers Watson Study
- Best Affirms ‘A’ Ratings of QBE Insurance Group and Subsidiaries
- UK’s Royal Society Issues ‘Short Guide’ to Science of Climate Change
- ACE UK Launches Retail Sector Risk Management ‘Self Assessment Tool’
- Lloyd’s CFO Comments on Lower Profits, Investments, Russia Office
- Willis Appoints Damiron to Head Mexican Retail Operations
- Marsh Exec Tells European Companies to Take Longer View on Risks
- Insurance Provides Value Catlin CEO Reminds London’s Insurance Institute
- FERMA’s 2010 Survey Highlights Growing Role of Risk Management
- Lloyd’s Reports First Six Months Profit of $992 Million
- Munich Re Highlights Climate Change Link to Extreme Weather Events
- Willis Establishes Life Sciences Unit; Names Teixeira to Lead It
- Axis Loss Adjusters Expands Latin American, Caribbean Team
- Lloyd’s Sees Record Claims, Continued Pricing Decline; Considers Russia Office
- Ratings Recap: Alterra (notes), Gulf Ltd., Barents Re, Middle East Insurance
- Marsh Launches $1 Billion Metals Insurance Policy as Gold Prices Climb
- AIA Begins Premarketing for IPO; More Details Released
- S&P Affirms AXA UK’s ‘AA-‘ Ratings; Removed from CreditWatch
- Lloyd’s Program Aims to Increase Claims Talent
- Lloyd’s Chaucer to Launch New International Liability Division
- Willis Sets up Agri-Business Unit for Crop and Forestry Sectors
- Tropical Storm Matthew Heading for Central America
- Aon Report Finds ‘Confidence Returning’ for Airlines
- AIR Estimates Mexico Insured Losses from Karl at $102-$206 Million
- Ratings Roundup: BEST RE, SALAMA, Adamjee, Lonpac
- Bank of Montreal Eyes U.S., China Acquisitions for Insurance Group
- Willis Names Fyfe Regional Specialist Leader for Latin America
- European Union to Establish New Financial ‘Watchdogs’ in January
- Majestic Capital to Be Acquired by Bayside Capital Partners
- Danish Regulators Select U.S. RE for Terrorism Risk Capacity Study
- Waiver of Coinsurance Option Added to Petersen International Medical Plans
- Ratings Recap: Tapiola, Congregational, Asian Re, Int’l. Energy, Leadway
- Asia Faces Higher Losses from Disasters, Report Says
- Hurricane Igor Heads North After Battering Bermuda
- RMS Releases New Japan Typhoon Parametric Industry Loss Index
- Talley to Head Lloyd’s America U.S. Central Region
- Tropical Storm Lisa Forms Near Cape Verde Islands
- Sources Report AIG Secures Approval to List AIA on Hong Kong Exchange
- Buyers Give up on Deal to Buy AIG’s Taiwan Life Unit
- Best Issues Special Report on China: ‘A Dangerous Wind or An Opportunity?’
- Willis Research Network to Assess Impact of ‘Extreme Events’
- Hurricane Igor Pounds Bermuda
- AIG Targets Oct. 29 for IPO for Asian Life Unit AIA
- Typhoon Fanapi Crosses Southern Taiwan; Flooding is Main Concern
- Broker MDS Holdings Acquires Quorum Saude
- Hurricane Karl Bears Down on Mexico’s Gulf Coast
- 80% of Brokers ‘Very Positive’ on Lloyd’s Market
- AIR Updates European Wind Storm Risk Model
- S&P Sees No Effect on Endurance Ratings from Glacier Re Acquisition
- EU Leaders Agree on Trade, But Clash over Roma Expulsions
- Karl Now a Hurricane, Heads for Eastern Mexico; Igor Threatens Bermuda
- Paschoal Named Marsh Brazil CEO
- RMS Estimates Insured Losses for NZ Quake at $1.5 to $2.5 Billion
- Best Lowers Macau Insurance Ratings; Outlook Revised to Stable
- Best Affirms Ratings of Lloyd’s Syndicate 510 and Kiln Group Limited
- Tropical Storm Karl Hits Yucatan, Some Evacuations Ordered
- XL Looks Cheap; Bermuda Ties May Attract Offers
- US to Host Major Economies Climate Forum in New York
- ACE Receives Approval to Acquire Malaysian Insurer
- Marsh Reports Asia Deal Makers Focus on Heightened Risk Mitigation
- Lloyd’s Recreates Famous Underwriting Room in Dublin for Charity
- Venezuelan Plane Crash Kills 14; More Survive: 4 Missing
- Hurricanes Igor, Julia Spin in Atlantic
- Towers Watson: New Risks, Regulations Reshape Reinsurance Industry
- China’s Largest Bank to Sell AIG Life Insurance Products at Branches
- European Clubs Want FIFA to Insure Players Injured in International Games
- Willis India to Appeal Insurance Regulators’ Decision on License
- Best Affirms Alterra’s ‘A’ Ratings
- S&P Examines Reinsurers Reconsideration of Domicile Decisions
- RMS Analyzes New Zealand Earthquake Insured Losses
- S&P Examines Effects Of Chilean Earthquake on Reinsurers
- Marsh Sees ‘Positive Developments’ in Europe Trade Credit Insurance
- Ratings Roundup: Colonial Group, Flagstone Alliance, Hannover Re (debt)
- Aon Benfield Appoints Van Slooten to Head International Research Team
- Australia Regulator Blocks NAB’s $12 Billion AXA Asia Pacific Bid
- Best Reports Healthy Earnings ‘Mask Challenges’ for Global Reinsurers
- PartnerRe to Repurchase Up To 7 Million Common Shares
- Climate Change May Add to Natural Disaster Death Tolls
- One Death Reported as Blast Rips Through Mexico Oil Refinery
- BMS Names Beardmore New CEO
- AmWINS/Colemont Acquires So. Korea’s CMK Insurance Brokers
- Hub Acquires Ontario Insurance Broker Sinclair Cockburn
- New Zealand Quake Insured Losses between $2 to $4.5 Billion Says AIR
- China to Allow Insurers to Invest in Private Equity and Real Estate
- Tropical Storm Hermine Slams into Northeastern Mexico
- AIG Seen Leaning towards New Taiwan Unit Sale
- Brokers Marsh, Cooper Gay, RK Harrison to Test iPads at Lloyd’s
- Aon Monthly Cat Recap Highlights Asia Floods, Atlantic Storms
- CNA in Agreement with RSA to Expand Global Network
- Report AIG Files Application to List AIA on Hong Kong Exchange
- Nations Meet on Climate Cash Contributions; UN Sees Long Haul
- Marsh Launches Contamination Insurance Product for Water Utilities
- AIR Puts Caribbean Islands Earl Insured Losses at $50 to $150 Million
- European Companies in China to Stay Put Despite Obstacles
- AIG Taiwan Unit Buyer Seeks Favorable, Constructive Ending
- Fiona Fades, Gaston May Grow
- Island of Anguilla to Receive Earl Damage Payment from CCRIF
- Taiwan’s Fubon: ‘Would Consider’ AIG Taiwan Unit Acquisition
- China Strategic Considers Appeal of Taiwan’s Decision on AIG Unit Sale
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