International & Reinsurance News for November 2008
- Lloyd’s Conference Finds Progress in Insurers Efforts on Climate Change
- ACE Launches Swiss Company
- S&P Says Global Reinsurers Need Price Rises To Rebuild Capital
- Ratings Rounup: Arab Re, Century (Guam) & (Saipan)
- Somali Pirates Take Another Ship
- Ratings Recap: Malaysian Re, Asia Capital Re, AGS (Diageo), NEMI
- Munich Re Sees Reinsurance Opportunities from Financial Crisis
- ICC Asia Pacific CEO Forum Says Unlock Liquidity to Spur Global Trade
- OECD Says Changes Needed in US, EU Market Supervision
- AIR Worldwide Releases UK Inland Flood Model
- Aon Notes M&A Activity Produces Increased Warranty Claims
- XL Insurance Revamps Equine Team
- Why Hijack a Plane When You Can Seize a Supertanker?
- China Life Interested in Acquring AIG Asia Assets
- Report Somali Pirates Reduce Ransom Demand to $15 Million
- IAG, State Bank of India Agree to Form General Insurance Joint Venture
- IAG Estimates Queensland Storm Claims at $38 to $44 Million
- Flagstone Re Names Boisvert Corporate CFO
- Zurich Completes Russian Acquisition
- S&P Raises Hannover Re Africa Ratings to ‘A’
- S&P Raises Munich Re Africa Ratings
- S&P Revises Atradius Outlook to Negative; Affirms Ratings
- German President Wants International Financial Market Watchdog
- AEGON’s Bid for TARP Cash Doomed
- Report China Fund Seeks Stake in AIG Unit
- Bush Briefed, U.S. Consulting Allies on Somali Pirate Menace
- Willis’ Faber Unit Consolidates Fine Art, Jewelery, Specie, K&R, Bloodstock
- ACE Names Ringsted Chief Risk Officer
- European Commission Approves State Aid for Fortis
- ICC Study Finds ‘Lowest Global Economic Index in 10 Years’
- Reynolds Joins Willis as Commercial Property Advisor
- ACE Issues Clarification on Variable Annuity Reinsurance Business
- AEGON May Buy U.S. Thrift
- Mapfre Re Receives Brazil License
- Somali Strategy Could Spur Asian Pirate Attacks
- Obama Vows Climate Action Despite Financial Crisis
- Zurich Appoints Vitale CEO – Global Corporate Business
- Ratings: Travelers (UK), Bison, Dubai Islamic, Milli Re, Hang Seng, LIG
- Lloyd’s and Rand Issue New Report on ‘Transatlantic Litigation Trends’
- Latham Joins Flagstone Re Board
- Storms Tear through Eastern Australia; One Death Reported
- Somali Pirates Hijack Saudi Supertanker off East Africa
- Willis China Launches Single Broker Retail OfficesTechnology Platform
- Lockton Report Analyzes Current Trends, Emerging Risks
- Int,’l. Chamber of Commerce Chairman Welcomes G20 Decisions on Trade
- Zurich Expands Riddell’s Role to Asia-Pacific, Middle East
- Kerr Named Arch Canada CEO
- Best Affirms SCOR’s ‘A-‘ Ratings
- Miller Names Piper Development Director – UK, Europe
- CNinsure Appoints New COO
- Somali Pirates Release Ship after $1.1 Million Ransom is Paid
- Main Points from G20 Leaders Summit Communique
- Best, Fitch Put Exporters’ Ratings under Review/Negative
- EU, U.S. Warn China on Toy Safety Before Christmas
- Euro Zone in Recession as World Leaders Head for Summit
- S&P Assesses Current Conditions for Bermuda Insurers, Reinsurers
- Catlin Group’s Interim Management Statement Shows Top Line Gains
- Best Affirms Lloyd’s Syndicates 609, 570 (Atrium/Ariel) ‘A’ Ratings
- Ratings Recap: Alliance Re, Emerson Re/GIC Re, Sagicor, New Castle Re
- ICC Head Urges G20 Leaders to ‘Take Bold Action’ to Stem Financial Crisis
- Zurich Posts $154 Million Q3 Net Profit; $2.8 Billion for 9 Months
- Market Perception of Creditworthiness Affects Insurers, Says S&P
- Ex-CEO Greenberg Sees Value in AIG Asian Operations
- ING Canada CEO Eyes Acquisitions
- Survey Finds World Business Leaders Back More Regulation
- UK Should Make Insurance More Available to Reformed Offenders
- S&P Comments on International Group P&I Club Negative Rating Actions
- Berkley to Buy Norway’s NEMI
- Ratings Recap: Hyundai, Jupiter, Exchange, West England Club
- Le Pere Sybille – a Memory of the Great War
- Political Risk Rises But Risk Experts, Insurers Face Crunch Too
- Mercer Offers ‘Carbon Footprint’ Analysis of Client Portfolios
- Marsh’s Bowring Supports Clients with Innovative Risk Transfer Products
- S&P Affirms Allianz ‘AA’ Ratings, Stable Outlook Despite Investment Losses
- Hiscox Sees Strong 2009 Despite Premium Income Drop
- Paloma Downgraded to Tropical Depression
- Dresdner Q3 Loss Hits Allianz Again
- Ratings on Munich Re ‘Unaffected’ by Q3 Earnings Decline Says S&P
- Validus $126 Million Q3 Net Loss; 9-Month Net Income $16 Million
- Allied World $46 Million Q3 Net Loss; 9-Month Net Income $164 Million
- S&P Affirms PartnerRe’s ‘AA-‘ Ratings and Stable Outlook
- Max Cap Completes Lloyd’s Acquisition
- CastlePoint Posts $13 Million Q3 Loss; $6.7 Million Profit for 9 Months
- Ratings Recap: Arch Re (Europe), Singapore Re, AIG (Taiwan), Eurasia, Hyundai (China)
- Willis Appoints Burns CEO of Global Employee Benefits Practice
- Endurance Reports $99.4 Million Q3 Loss; Conference Call Details
- Munich Re Q3 Profits Down 99% to $15.4 Million; $1.8 Billion for 9 Months
- Marsh Launches UK Trade Credit Insurance Helpline
- Credit Crisis Poses Threat to Obama’s Carbon Trade Plans
- Kingsway Shares Drop after Q3 Loss
- Ellis to Lead Willis ERM Business; Rivers Named Energy CEO
- Steamship Mutual to Raise Premiums by 17.5%; Tightens Underwriting
- S&P Affirms AXIS’ Ratings; Positive Outlook
- Ratings Recap: Northbridge, Credit & General, Transportation, Tenet
- Validus to Release Q3 Results Today; Conference Call Friday – Details
- World Leaders Urge Obama to Shape New Economic Order
- Willis Expands UK Independent Broker Network
- S&P Says Swiss Re’s ‘AA-‘ Ratings ‘Unaffected by Q3 Net Loss’
- Flagstone Re Posts $186 Million Q3 Net Loss; $111 Million for 9 Months
- Argo Posts $8.8 Million Q3 Net Loss; $51 Million 9-Month Profit; Conf. Call Today
- Willis Introduces New Broking Software
- S&P Rates ACE Insurance (Switzerland) ‘A+’; Outlook Stable
- Swiss Re Reports $259 Million Q3 Net Loss: $754 Million 9-Month Profit
- Max Capital Posts $163 Million Q3 Net Loss; $81 Million 9-Month Loss
- Swiss Re Completes Barclay’s Life Acquisition
- Best Affirms Sirius ‘A’ Ratings
- UK’s Chartered Insurance Institute Launches Anti-Fraud Podcasts
- Zurich in Joint Venture with Abu Dhabi National Takaful Company PSC
- Max Cap Group to Hold Q3 Earnings Conference Call Today; Details
- Flagstone Re to Release Q3 Earnings Today; Conference Call Details
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