International & Reinsurance News for February 2008
- UK’s Aviva Posts $6.52 Billion Operating Profit
- Guy Carp Analyzes Cat Bond Market
- White Mountains Re Management Changes
- Swiss Re Profit Down Less than Expected
- New China Financial Chief Could Speed Up Banking, Insurance Reforms
- AXA’s Bébéar to Step Down
- Willis Exec Lists Industry ‘Megatrends’
- ACE Expands Glasgow Office
- Best Holds Stable Reinsurance Outlook
- Earthquake Strikes England; No Deaths Reported, Initial Damages $20 Million
- AXA Earnings: Net Income up 11% to $8.55 Billion; Conference Call Today
- China’s Ping An May Scale Back Massive Share Offer
- Aon Review Sees Harder Aviation Market
- Lloyd’s is a UK Leading Business Brand
- Willis on Middle East Terrorism Insurance
- S&P Takes Various Rating Actions on European Monoline Securitizations
- Greaves to Head Marsh’s UK Forensic Accounting, Claims Services Practice
- Norway’s Prime Minister Opens Seed Vault in Arctic
- QBE Net Profits up 30% to US$1.786 Billion
- S&P Takes Bond Insurer Rating Actions
- S&P Sees No Change in Aioi Ratings from Subprime Writedown
- CNinsure Reports Q4, FY Financial Results
- CNinsure CFO to Resign
- Ratings Roundup: Sun Hung Kai, Zurich
- Munich Re 2007 Profit Rises 11.9% to $5.835 Billion
- Montpelier Re Q4 Net Drops; FY Net up Slightly; Book Value Increased
- Marsh’s New Private Client Head Warns of Reliance on ‘Standard Cover’
- Wood to Head Lockton’s UK Engineering & Construction Treaty Team
- Catlin Seals $150 Cat Bond Purchase; Willis Advised on Deal
- Research & Markets Issues Czech ‘Snapdata’ Report
- Chubb Offers Solutions to Art Ownership Disputes
- Chubb Adds International Hull Insurance to Its Marine Offerings
- RenRe Announces 3 New Board Members
- Lloyd’s Analyzes Southeast Asia Terrorism Threat
- Ratings Roundup: Empyrean Re, Storebrand, Ballantyne Re
- Zurich Offers Political Risk Insurance for Carbon Credit Projects
- Allianz Releases 2007 Earnings Figures
- Munich Re Sets Up $1.5 Billion Pandemic Risk Cat Bond Facility
- Willis Re Releases New Sub-Prime Professional Liability Research
- Research and Markets Analyzes UK General Insurance Competition
- Platinum Reports Q4, FY Net Income Gains
- Lloyd’s Poll Finds Financial Instability is Main 2008 Risk
- Swiss Re Registers as Admitted Brazilian Reinsurer
- Lloyd’s Market Reform Group Sees End of Paper Processing
- Navigant Consulting Expands to Bermuda
- Oil Companies May be Under Insured as Prices Rise, Notes Marsh
- Kingsway Reports Q4, FY Loss
- Caribbean Catastrophe Risk Facility Receives $2.4 Million from Ireland
- Flagstone Re Q4 Net Income Drops; FY Net Earnings Near $168 Million
- Willis ‘CyPro’ to Cover Business Interruption, Costs from Data Loss
- Swiss Re Stresses Role of Insurance at Climate Change Conference
- Rating Agencies React to AXA’s Acquisition of ING Seguros
- Chinese Regulators Cite Marsh as #1 International Broker
- Willis Expands UK Employee Benefits Practice
- ‘Managing the Cycle’ Remains #1 Priority Lloyd’s Survey Finds
- Marsh Report on Europe Transport Highlights Regulatory, Liability Concerns
- Ratings Recap: BluePoint Re, Channel Re, RAM Re, Assured Guaranty, Steamship Mutual, Hannover Ltd., ARAG
- AXA Art Offers Security Checks after Swiss Theft
- Association of British Insurers: Homes on Flood Sites ‘Unsaleable, Uninsurable, Uninhabitable’
- Springett to lead Marsh’s Power and Utility Practice in Europe, Mideast, Africa
- RMS Launches ‘Paradex’ Model for European Windstorms
- Best Explains Takaful Rating Methodology
- SCOR Books Successful Treaty Renewals
- Ratings Roundup: Mapfre, Platinum, China(Macau), Coastal Medical
- Zurich Net up 22% to $5.62 Billion
- Best Affirms Hardy’s Lloyd’s Syndicate ‘A’ Ratings
- Max Capital Reports Drop in Q4 Net Income; FY up 29% to $303 Million
- Lloyd’s Applies for Brazil Re License
- AXA to Acquire ING Seguros
- Validus Posts Q4, FY Gains; Conference Call Today, Details
- Arch Capital FY Net up 19% to $832 Million; Q4 Down Slightly; Conference Call
- Ascot Announces New Appointments
- Ratings Roundup: CIBC Re, Groupama, Ballantyne Re
- Armed Robbers Steal $100 Million of Art Work from Zurich Museum
- Grant Thornton’s Tucker Comments on Camden Market Fire
- Accenture Solvency II Survey: Europe’s Insurers Expect Manageable Costs
- Collins Expands Reinsurance Services to Europe
- UK’s National Health Service Urges Brits to ‘Sexercise’
- Fire Destroys Part of London’s Camden Market; No Casualties Reported
- Lockton Creates China Desk in London
- UK’s Chartered Insurance Institute Beefs up Professional Standards Team
- Allied World Posts $469 Million 2007 Net Income; Q4 $123 Million
- S&P Finds Bermuda Insurers Face Rising Competition
- Quanta to Sell Remaining Lloyd’s Interests to Chaucer
- Appel to Head Aon Re Global; Other Appointments
- Aon Integrates Risk Services Operations
- Marine Insurance Union Highlights Global Concerns
- India’s Insurance Industry Faces Talent Shortage
- Ratings Roundup: Southern Rock, KOT, Ceska
- Research and Markets Analyzes Singapore Insurance
- Groves to Lead Marsh’s Europe, Mideast, Africa Captive Consulting
- Munich Re Names Wright to Head UK Healthcare Unit
- Aspen Posts $489 Million FY Net; Q4 $135 Million; Conference Call Today
- Endurance Posts $521 Million FY Net, Despite Q4 Drop; Conference Call Today
- Munich Re to Set up Brazilian Subsidiary
- Royal & SunAlliance Acquires Broker Fyfe Group
- AXA to Buy Out Turkish Partner
- Lloyd’s Renews Council and Franchise Board Seats
- Barr Joins Marsh’s UK Environmental Practice
- Willis Set to Post Q4 Earnings; CEO to Speak Thursday
- Endurance Q4 Earnings Announcement Today; Conference Call Thursday
- Caribbean Cat Risk Facility Announces Changes for Renewals
- White Mountains Book Value Gains, as Income Drops
- RenaissanceRe Q4, FY Earnings Decline on Writedowns; Conference Call Today
- AIR Analyzes ‘China’s Worst Winter Weather in 50 Years’
- SCOR Receives Approval for Beijing P/C Branch
- XL Confirms $1.06 Billion Q4 Loss; FY Net $360.4 Million; Conference Call Today
- ACE FY Net Up12% to $2.578 Billion Despite Q4 Losses; Conference Call Today
- Aspen to Release Earnings Today; Conference Call Details
- PartnerRe 2007 Earnings Decrease on Investment Losses
- S&P: Monoline Problems to Have ‘Limited Impact’ on Japanese Financial Institutions
- Lloyd’s, London Market Association to Drive ‘Claims Change Program’
- ACE Earnings Release Today; Conference Call Details
- RenaissanceRe to Release Earnings Results Today; Conference Call
- AXIS Posts Strong Q4, Full Year Income Gains, as Net Tops $1 Billion
- Brown Named to XL’s Executive Management Board
- ACE Names Faulkner as European e-Commerce Manager
- Everest Re Earnings Report – $839 Million Full Year Net Income
- Research & Markets Report on Allianz UK
- Best Affirms Indian Insurer’s ‘A-‘ Ratings; Outlook Now Stable
- Ratings Roundup: South China Insurance, Transmonde, Bluewater
- PartnerRe Earnings Announcement Today; Conference Call Details
- AXIS Capital Earnings Announcement Today; Conference Call Details
- Cooney Named Managing Director-Aon Capital Markets
- Zurich Expands in Norway, Denmark
- Benfield to Open Beijing Office
- Spaniard Suing for Own Car Damage from Hitting, Killing Bicyclist
- Malaysian Hindu Mother’s Insurance Case Highlights Religious Conflicts
- China’s CNinsure Buys Majority Interests in 2 P/C Insurance Agencies
- Canadian Ski Patrol, Insurance Brokers Issue Safety Warning
- Baloise and Gothaer in Merger Talks on German Insurance Operations
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