International & Reinsurance News for May 2007
- Willis Reports on Property Market
- S&P Affirms PartnerRe Ratings; Raises Outlook to Stable
- S&P Warns EU Insurers Not to Ignore Solvency II
- Langley Leaving Hiscox to Become Lloyd’s Director
- Greenlight IPO Raises $258 Million
- Ratings Recap: Atradius/CyC
- Euler Hermes Opens Dubai Office
- US Calls on Asia to Take Action to Reduce Greenhouse Gases
- CSFI Report Finds Regulatory Burdens Top List of Industry Concerns
- Paris Re Takes First Step to IPO
- Best Issues Special Bermuda Report
- S&P Sees Japan P/C Sector as ‘Stable’
- Munich Re to Issue €1 Billion in Bonds; Best, S&P Comment
- R&M’s Hong Kong P/C ‘Snapshots’
- Best Affirms XL Ratings; Comments
- Chippendale Joins Transatlantic Board
- FERMA Calls EC Broker Commission Rules ‘Not Entirely Satisfactory’
- Russia’s RESO to Launch IPO
- Recent Ratings Recaps: MAPFRE; NZ Civic Assurance
- Greenlight Re Launches IPO
- Guy Carp Reports on European Legislative, Judicial Trends
- Japan Proposes 50% Cut in Worldwide Greenhouse Gas Emissions
- SCOR Q1 Net Tops $100 Million
- Ratings Roundup: Atrium; Hardy; Beazley; Amlin; Cathedral; RIMAC
- R&SA Offers $1.16 Billion for Codan Minority Shares; Best, S&P Comment
- PXRE Sets Special Meeting Date
- S&P: Revises ‘Risk-Based Insurance Capital Model’
- S&P Rates Dubai’s Salama ‘BBB+’; Upgrades B.E.S.T. Re to ‘BBB+’
- PartnerRe Acquires MCR’s Int’.l Renewal Rights; Best Comments
- RenRe’s Riker to Retire
- Lloyd’s Ark Syndicate Licenses Use of RiskLink® from RMS
- S&P Sees Thai Insurance Industry Growing ‘Despite Challenges’
- Zurich Increases Key Profit Target
- S&P to Hold Insurance Capital Model Enhancement Conference Today
- Platinum Names Krantz Exec. VP-CFO
- Guy Carp Names Fry Global COO
- R&M Adds Japan Non-Life ‘Snapshots’
- Ratings Recaps: Mingtai, TrygVesta
- ACE Makes Changes in UK/Ireland Management Team
- JLT Says Offer for Pavilion Shares Now ‘Unconditional’
- S&P Ups Hannover Re Outlook to Stable; Affirms ‘AA-‘ Ratings
- RMS Parametric Model for Japan Typhoon Risk Securitization
- Marsh Opens Oman Office
- Stokes, Sexton to Lead New Marsh Energy Team
- S&P Report Says Insurers’ Climate Change Concerns are Real
- R&M Report: UK Legal Expense Coverage
- Fire Heavily Damages Clipper Ship ‘Cutty Sark’
- Allianz Acquires Russian P/C Insurer
- Flood to Head New Ironshore Professional Liability Unit
- Levene Receives Brazilian Honor
- AIR to Collaborate with the Beijing Institute of Architectural Design
- Lockton Launches Bermuda Operation
- Shaw Names Redhead Chief Underwriting Officer
- Recent Ratings Recaps: ACE (Aus. & NZ); CCR; Omega; Kiln
- Marsh Warns UK Law Firms to Address Business Continuity
- ACE Europe Opens Offices in Hungary and Czech Republic
- R&M Reports on UK Market
- Michael Moore’s ‘Sicko’ a Success at Cannes Film Festival
- Ratings Recap: Blue Ocean Re
- Study: Financial Executives Expect Business Risks to Persist, Intensify
- Hiscox Launches Trustee Coverage
- Mini’s and a Delorean Top UK’s Favorite Famous Car List
- Salmon and Weymouth Join R&SA
- Eureko to Sell F&C Shares
- Recent Ratings Recaps: AKIBARE
- Aviva Launches Direct Auto in Poland
- ABI Supports Flood Grant Plan, But More is Needed
- White Mountains to Issue $250 Million in Preferred Shares; S&P, Fitch Ratings
- Mexican Court Ruling Upholds ING’s $94 Million Fertinal Settlement
- Marsh Scottish Professional Risk Team Bolstered by Hires from Aon
- Recent Ratings Recap: Lancashire, Atlantic & Western
- The Hartford Seeks Branding Score with Japanese Baseball Sponsorship
- Zurich Q1 Net up 71% to $1.387 Billion
- FIN Acquisition Raises Alea Bid
- Europ Assistance to Offer Property/Security Coverage
- Validus to Acquire Talbot Holdings; Best Puts Ratings under Review
- S&P Rates Gard P&I (Bermuda) ‘A+’; Outlook Stable
- Ratings Recap: Inter-Industry,Co-operators Financial, Fairfax, Flagstone
- S&P Hosts Teleconference on Global Warming Financial Impact Today
- R&M Reports on Italian P/C Market
- Banks Of China’s Yangtze River at Risk of ‘Disastrous Collapse’
- Allianz Posts Q1 Eastern Europe Revenues of $1.435 Billion
- Dr. Simic to Head AIR’s London Office
- Best Puts SCOR, Converium Ratings Under Review- Negative & Positive
- S&P Raises Rating on Lloyd’s Advent Syndicate 0780; Outlook Positive
- Endurance Increases Share Repurchase Authorization
- Best Upgrades Tugu Ratings to ‘B++’
- Recent Ratings Recaps: Starbound Re II; Pacific Int’l.; NIPPONKOA; Carillon
- Zurich Launches New Ad Campaign
- PartnerRe Increases Share Buy-backs
- AIR, China Earthquake Administration Team up to Find Faults
- HSBC, Aviva/Norwich Union to Create New UK General Insurer
- AXA First Quarter Revenues Increase in all Sectors
- S&P Reports Warns German Insurers of ‘Winds Of Industry Change’
- S&P Sees No Changes in SCOR or Converium Ratings from Takeover
- SCOR and Converium Reach Friendly Merger Agreement
- ABI Survey Estimates UK Fraudulent Claims at $8 Million a Day
- Lloyd’s Report Warns of Threats from ‘Political Violence’
- Allianz Confirms AGF ‘Squeeze Out’
- Allied World Q1 Net Near $114 Million
- Joseph Joins Marsh UK’s FACS Team
- Recent Ratings Recaps – IGI Jordan
- CastlePoint Reports $7.1 Million Q1 Net
- Diplomats Begin Work on New Greenhouse Gas Accord
- Munich Re Buys Bell & Clements
- Schiltknecht to Become Zurich’s Group General Counsel
- Sonae Buys 14% Stake in Cooper Gay
- Hyland Joins Flagstone Re Suisse
- XL to Hold ‘Global Day of Giving’
- Flagstone Re to Post Q1 Earnings; Conference Call Details
- Max Capital Posts $80 Million Q1 Net; Increases Share Repurchase Plan
- PXRE Posts $7.2 Million Q1 Net Loss
- Allianz Q1 Operating Profits up 7.2% to $3.9 Billion
- Best Affirms HSBC Insurance Ratings
- PXRE to Release Q1 Earnings; Conference Call Details
- Allied World to Release Q1 Earnings; Conference Call Details
- FERMA Sees Major Role for Risk Managers in Climate Change Battle
- Swiss Re Q1 Net Income up 54% to $1.09 Billion
- Skandia Names Hult CEO-Nordic
- Global Warming Can Be Mitigated, IPCC Conference Report Concludes
- Kenya Airways Flight with 114 People on Board Crashes in Cameroon
- Max Capital Name Now Official
- Sir Peter Middleton Appointed New MMC UK Chairman
- Munich Re Ratings Unaffected by Dividend, Share Buyback, Says S&P
- Best Issues Special Report on European Life and Non-Life Markets
- Best Affirms Century (Marianas) Ratings
- Best Analyzes UK P/C Market; Will They Manage the Cycle?
- Brit Sells Majority Stake in RI3K to London Investors
- Munich Re Q1 Net Stable; Announces Future Plans
- Best Affirms Glacier Re ‘A-‘ Ratings
- Marsh Names Nicholson, Lay to UK Posts
- Max Re Capital Q1 Earnings Report Monday; Conference Call Details
- IPCC Delegates Hammer Out Climate Change Report in Thailand
- Fitch Affirms RenRe’s Ratings
- UK Survey Targets Women’s View of Male Drivers Irritating Habits
- Developing Countries Want Assistance Offer Included in Climate Report
- Endurance Posts $101.8 Million Q1 Net; Conference Call Today
- Aspen Net Q1 Income up 97% to $121.9 Million; Conference Call Today
- Best, Fitch Rate XL Notes
- S&P Rates Tryggingamidstödin ‘BBB’; Outlook Stable
- RenRe Net Income Rises on Investments; Conference Call Today
- Willis Names McManus UK/Ireland CEO
- Fitch Rates Everest Re Bonds ‘A-‘
- US, China Criticize Climate Change Action Study, as EU Calls for Action
- Swiss Re Exec Explores Risk and Mitigation Disconnect at RIMS
- CastlePoint Q1 Earnings Report due Tomorrow; Conference Call Details
- Aspen to Release Q1 Results Today; Conference Call Details
- Endurance Schedules Q1 Earnings Report Today; Conference Call Details
- Swiss Re Expands Nat Cat Global Asset Protection Services
- AXIS Posts $228 Million Q1 Net; Conference Call Details
- Catlin Names King and Newman to London Posts
- RenRe to Announce Q1 Results ; Conference Call Details
- Lloyd’s Testing Slip/Policy Quality Check Program
- Climate Change Conference Calls for Quick Action to Reduce Global Warming
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