International & Reinsurance News for January 2008
- China’s Snow Crisis Highlights Weaknesses of Economy
- ACE Says Goodbye to Duperreault
- Aon Publishes Marine Report
- Towers Perrin Launches French Reinsurance Office
- Langley Lauds Lloyd’s Market Reform Group Progress
- Parker Named as Head of Strategy for Zurich’s Europe General Insurance
- Ratings Roundup: Allianz, AXIS
- Munich Re Expects $5.77 Billion 2007 Profit
- Société Générale Crisis Highlights ‘Rogue Trader’ Risk Warns Lloyd’s
- Everest Re to Announce Q4 Earnings Today; Conference Call Details
- Ratings Recap: Stoneheath Re, JRG Re
- Lambert to Lead Marsh’s Regional Financial Institutions Practice
- Lloyd’s 2008 Underwriting Capacity at $31.66 Billion
- Former UK Prime Minister Tony Blair to Advise Zurich
- Willis to Broker Airbus China Assembly Plant
- Best Lowers XL’s Ratings; S&P Sees No Change
- Fitch Downgrades Security Capital, XL’s Guaranty Subsidiaries
- Fitch Downgrades XL’s Ratings; Outlook Stable
- Willis Names Perry a Singapore Political Risk Director
- Earth’s Climate ‘Clearly Out of Balance’ Reports American Geophysical Union
- Allianz Expects $11.78 Billion 2007 Net Income
- Guy Carp Names 3 New Executive Committee Members
- Max Cap CEO Sends Shareholders an Upbeat Letter
- PartnerRe January P/C Renewals around $2 Billion
- Heathrow Crash Won’t Raise Aviation Rates Says Lloyd’s
- Ratings Roundup: Lloyds Syndicates 507 & 609, Ecclesiastical/Ansvar
- Willis Marine Protection & Indemnity Review Finds Increased Claims
- Willis Marine Protection & Indemnity Review Finds Increased Claims
- Captives, Cells Push Guernsey International Insurance Growth
- Marsh Opens China Advisory Unit
- China Safety Chief Urges Public Whistleblowing to Reduce Injuries
- XL Bites Q4 Bullet; $1 Billion Loss on Write-Downs; Conference Call Today-Details
- Zurich Acquires Turkish Insurer
- Report Names “Top 9” Political Risks for 2008
- Swiss Re Moves Carbon Emission Facility to London
- Swiss Re Securitizes $85 Million in Wind and Quake Risks
- Willis Names 2 UK Employee Benefit Leaders
- Berkshire Hathaway Buys 3% Stake in Swiss Re; Reinsurance Pact Signed
- Hundreds Evacuated in Northern England Towns Hit by Flooding
- Pakistan Cricket Board Insurance to Cover Possible Australia Pullout
- Major China Insurer Ping Selling Shares to Finance Acquisitions
- China- New Zealand Trade Pact Said to Cover Insurance But Details Scarce
- Zurich Launches ‘Market-focused’ Climate Initiative
- Everest Re to Take $311 Million Charge for Asbestos; No Effect Say Rating Agencies
- Lockton Appoints Angel Consultant – Real Estate & Construction Captives
- Ratings Recap: Jamaica International, Arab Union Re
- Willis/Marsh? A Firm ‘No Comment,’ But Rumors Persist
- Willis Energy Review Warns High Commodity Prices Increase Insurance Exposures
- Best, S&P See No Change in RenRe Ratings from Channel Re Write Down
- PartnerRe Announces $74 Million Write-Down of Channel Re Investment
- Best Sees No Change in PartnerRe Ratings from Channel Re Write Down
- S&P Updates Results of Bond Insurance Stress Test for Revised Assumptions
- S&P Sees No Rating Change for PartnerRe after Channel Re Write Down
- Ratings Roundup: New Castle Re, Capital Region, Legal & General
- Climate Change Impacts UK Marine Environment
- RenRe Records Q4 Write-Downs
- Payment Protection Insurance Violations Cost UK’s HFC Bank $2.136 Billion
- Allianz to Further Reduce Munich Re Stake
- FM Global Opens Beijing Office
- Insurance Bureau of Canada to Newfoundland, Labrador: Remove Insurance Tax
- Batchelor Returning to London to Head Marsh Europe/Mideast
- UK’s Chartered Insurance Institute Posts Record Growth
- Electronic Trading Milestone as Aon Renews 80% of Re Treaties with RI3K
- UK to Relaunch Nuclear Power Plants
- UK’s Chartered Insurance Institute in Middle East Training Partnership
- Watchorn Joins Willis M&A Practice Group
- Swiss Re Names Schneider to Head Mexico Brokers
- Guy Carp to Open Prague Office
- Risk Management Solutions Warns of Costly Repeat of 1998 Ice Storm
- Coface, Islamic Corporation to Upgrade Trade Credit Coverage
- Lloyd’s Broker Miller Forms New Facultative Reinsurance Team
- Fitch to Hold Teleconference on Insurance Brokers Tuesday
- Risk Management Solutions Comments on French Windstorm Securitization
- World Economic Forum to Grapple with Global Concerns
- Guy Carpenter Publishes Official 2008 Reinsurance Review
- HCC Puchases MultiNational; Launches Lloyd’s Syndicate
- Lloyd’s GCube Promotes Growth in Renewable Energy Sector
- Ratings Recap: Allied World, China Insurance (Singapore)
- St. George Re – Backed by Berkshire – Aims to Slay Asbestos Dragons
- XL Opens Singapore Branch
- Starr, First Reserve Form New Lloyd’s Syndicate
- Association of British Insurers Promises Members Will ‘Pay More Claims’
- Best Revises Stoneheath, FLAC Outlooks to Negative on SCA/XL Concerns
- Needle Joins Endurance as VP-Excess Casualty
- CNinsure to Acquire 60% Stake in Hubei Insurance Agency
- Research & Markets Issues Report on South Africa
- SCOR Renews Agreement with UK’s Medical Defense Unit
- Swiss Re to Acquire 25% Stake in Vietnam National Re
- Lloyd’s Economist Analysis of 2008 Finds “Instability”
- Australia Faces Fires, Floods After Hot Summer
- Best Report Warns on Danger of ‘Moderate Quakes’ in Europe
- Insurance Bureau of Canada Calls for ‘Heightened Cooperation’ on Quakes
- XL Re Concludes Quota Share Agreement with Cyrus Re II
- Swiss Re Places $294 Million French Windstorm Bonds
- Lloyd’s Becomes Chile’s First ‘Approved Foreign Insurer’
- Ratings Recap: Allied World, Dongbu, Bluewater
- Tobin to Retire as XL Insurance Chief; Duclos Named to Post
- White Mountains Acquires Helicon Re
- CNinsure Expands Operation in China’s Zhejiang Province
- Lloyd’s Defends Insurers Against ‘Spoilsport’ Image
- SCOR Opens So. Africa Office
- Guy Carpenter Publishes Reinsurance Review
- Research & Markets Publishes Europe Insurance Survey
- Willis Re January Renewal Report Finds Lower Rates
- Fairfax Completes Cunningham Lindsey Deal with Stone Point
- Fitch Analyzes Brazil’s Overhaul of Reinsurance Rules
- Earthquake in Nov. First to Trigger Caribbean Disaster Insurance Pool
- Hiscox Warns UK Companies of Increased Liabilities under ‘Manslaughter Act’
- HCC Acquires MultiNational Underwriters; Approved for Lloyd’s Syndicate
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