International & Reinsurance News for June 2007
- RMS Estimates UK Insured Flood Losses Will Exceed $1 Billion
- AXA Extends Canada Art Coverage
- ACE Europe Management Moves
- Aspen Founders to Sell Shares
- Ratings Roundup: Ocaso
- Thomson Joins Marsh MAD Team
- Best’s Rating Actions on R&SA-Canada
- Lloyd’s Enables Advanced Slip Checking Technology
- RMS Releases New European Earthquake Model
- S&P’s European Insurance Symposium Highlights Impending Changes
- Private Equity Firms Face Increased Litigation, Says Marsh Report
- FSA Approves ACE UK Life Co.
- Over 200 Dead in Pakistan Floods; Thousands Left Homeless
- Ratings Roundup: Generali IARD & Vie
- Ratings Roundup: Farmers Mutual (NZ); Secura; Oman Ins.
- Costly Consequences from UK Floods
- Best Downgrades Western Isles Ratings; Outlook Negative
- Zurich Names Terryn as New COO of Global Corporate
- FSA to Officially Regulate Travel Insurance; ABI Lauds Decision
- R&M Issues Brazil ‘Snapshot’
- Best Puts CastlePoint on Review/Negative
- Marsh UK Makes 6 New ‘Public Sector’ Appointments
- Best Affirms QBE Group Ratings
- R&M Releases ‘Snapshots: Russia Voluntary Insurance 2007’
- Lloyd’s Profiles FBI’s ‘Man in London’
- Amex Partners with InsureMyTrip.com
- Ratings Recap: Nelson Re/Glacier Re; Kyoei/Swiss Re; Travelers/Lloyds; XL
- Rain Batters Britain
- Best Lists ‘Public Information” Ratings on 52 Canadian P/C Companies
- Ratings Roundup: Groupama (notes)
- Hiscox Acquires ALTOHA
- S&P: Insurance Execs Urge ‘Common Sense’ in Model Use
- RMS Sets Parameters for Brit’s Fremantle Sidecar
- Zurich Forms ‘Direct Business’ Unit
- Best Rates Paris Re ‘A-‘; Downgrades Ratings of CGRM
- UK Government Plans Legislation to Modernize Lloyd’s
- ACE Tempest Re to Underwrite in China through Lloyd’s Re
- China: Rich Nations Wrong to Criticize its CO2 Emissions While Buying its Products
- Ratings Recap: Sompo; Montpelier Re
- Guy Carpenter Set to go Electronic on All Lloyd’s Claims
- Guagliano Named Max Bermuda President, CEO
- Montpelier Re Launches New Lloyd’s Syndicate; S&P Comments
- UK’s Met Office Predicts 7-13 North Atlantic Tropical Storms
- NMB Launches Capital Markets Unit
- World Access Acquires Jefferson
- Gallagher (UK), MAP Launch Israeli War & Terrorism Coverage
- S&P Raises Norway’s SKULD to ‘A-‘
- S&P Affirms Bermuda Insurers Ratings after ‘Hybrid Securities’ Review
- S&P Examines Reinsurance M&A
- S&P Raises Zurich Ratings to ‘AA-‘
- IMB Warns of Horn of Africa Piracy Perils; Lloyd’s Reaction
- Face Climate Change Consequences, Not Just Causes, Says ABI
- Ratings: Kamp Re, Allianz (Russia)
- Allianz Conference Examines Energy Use & Climate Change
- Brumm to Leave Flagstone Re Board
- RI3K Receives 5 ACORD Awards
- Zurich Names Kerner, Talbot to Global Management Posts
- Marsh UK Launches New Hotel Cover
- Ratings Recap: Coface, Tenet
- Lloyd’s Sets $1 Billion Debt Issue
- ACE Unveils ‘Spectrum’ P/C Policy
- ACE Tempest Re Makes Several Executive Appointments
- Ratings Recap: Alliance Re; Aflac(debt); Unipol
- S&P Analyzes Effects of Two New Italian Insurance Laws
- Dequae Re-Elected FERMA President; Poland, Finland Join Group
- Watson Wyatt to Team up with German Consultant
- Aspen Re Expands European Operations with Zurich Office
- S&P Raises Pacific Century Ratings on Fortis Takeover
- EU High Court Upholds Britain’s Workplace Safety Law
- Ratings Roundup: Munich Re (Bonds)-QBERIO-QBEMEX-Scandinavia-Hiscox
- Ribeiro Named New Lloyd’s Director – International Markets
- UK Committee Adopts Contract Certainty Code of Practice
- Nephila Capital Launches Gamut Re
- Australian Institute Launches Campaign to Combat Juvenile Arson
- R&M on UK Commercial Property
- Sheilas’ Wheels & Safe Driving Heels
- Australian Insurers Face $1 Billion Storm Losses
- Allianz Enters Final ‘Squeeze-out’ Phase of AGF Shares
- Ratings Recap: HSB Engineering; Everest Re
- Oman Damages ‘at Least’ $1 Billion
- ING to Sponsor Belgian F-1 Grand Prix
- ABI Director Comments on Proposed UK Discrimination Law
- SCOR Officially Opens Converium Offer
- R&M: Issues Report on UK Direct Insurance Market
- Best Affirms Glencoe, Subs Ratings; Revises Outlooks to Positive
- IAG Receives 6000 Storm Claims
- S&P Upgrades AXA’s Core Units to ‘AA’
- Guy Carp Publishes Global Terror Insurance Market Study
- EQECAT Provides Caribbean Cat Risk Assessment
- UK Bank Barclays to Challenge Homeowners 2-Year Renewal Quotes
- Best Comments on Greenlight IPO
- Ratings Recap: Nelson Re/Glacier Re
- S&P Rates Paris Re, Subs; Lowers CGRM Ratings to ‘A-‘
- R&M Adds UK D&O Report
- Thousands of Australians Evacuated; 9 Dead in Storms
- Lloyd’s Settles Dispute with Aon, Benfield over Central Fund Policy
- Mitchell Leaving Zurich for R&SA Post
- S&P to Review ‘Hybrid Equity’ Covenants of Top Bermuda Insurers
- S&P Rates AXA Securitization
- UK Underwriters Consider Implications of Smoking Ban
- AXA, BNP Establish Partnership for Ukraine Insurance Market
- CRO Krall to Leave Converium
- NMB Names Warne to Marine Division
- Rating Recap: Residential Re 2007 (USAA)
- Lloyd’s to Issue Tier 1 Subordinated Debt; S&P, Best Ratings
- Novae Launches UK Property Team
- S&P Upgrades Russia’s Ingosstrakh to ‘BBB-‘; Outlook Stable
- Willis’ CEO Stresses Broker’s ‘Commitment to the Chinese Market’
- S&P Raises Neftepolis Outlook to Positive; Affirms ‘B+’ Ratings
- S&P Examines Malaysian Takaful Market
- Recent Ratings Recap: Arab Orient; Strike Club
- Storm Lashes Oman, Nears Strait of Hormuz; Heads Towards Iran
- R&SA Inks New Eastern Europe Deal
- World Financial Leaders Call on G-8 for ‘Deep Emission Reduction Targets’
- UNEP Report Analyzes Ice Melt Threats
- Cyclone Gonu Hits Persian Gulf
- 8 Dead, at Least 50 Injured in Australian Train/Truck Collision
- S&P Conference Report: Reinsurers Assess Present/Future Concerns
- Aging, Skyscrapers, Malls Place Japan at Higher Risk of Disaster
- Recent Ratings Recap: ACE (Singapore)
- RenRe’s Starbound II Adds Capacity to Florida Homeowners Market
- Quanta Details Share Repurchase Plan
- ACE Report: Good Risk Management = Competitive Advantage
- AXA Launches 2nd Motor Securitization
- Ratings Roundup: CCR; PICL; AXA (Netherlands); MedQuake; Fondiaria-SAI; SNS Reeal
- Ratings Recap: Emerson Re
- German Chancellor to Make Climate Protection Top G-8 Priority
- AXA to Sell Dutch Operations to SNS REAAL for $2.35 Billion
- IAG Close to Abandoning China Pacific Property Share Acquisition
- S&P Affirms QBE and Subs Ratings
- Munich Re Leads Caribbean Nat Cat Risk Syndicate
- Swiss Re Sponsors $100 Million Mediterranean Earthquake Risk Bond
- S&P Affirms AXIS Ratings; Raises Outlook to Positive
- China Prepares Climate Change Policy Paper Ahead of G-8 Summit
- Fairfax Updates Note Exchange Offer
- AIG Capital Invests in Sindicatum Carbon Capital
- Ratings Roundup: Taian; Industrial Alliance
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