International & Reinsurance News for November 2007
- Ping An Buys 4.18% Stake in Fortis
- Bermuda Insurance Association Says Companies Create U.S. Jobs
- Tolle Rallies Lloyd’s Troops to ‘Stand Firm as Cycle Slips’
- 56 Die in Turkish Plane Crash
- British Bankers Plead Guilty to Wire Fraud in Enron Case
- Zurich Appoints Kath, Barnes to New Claims Positions
- S&P: Japan Non-Life Insurers ‘Show Improvement in Profits’
- Ratings Recap: PhilNaRe, Atlas IV Cat Bond, HSBC (Bermuda), Cunningham Lindsey
- Catlin’s Interim Report Shows Gains, Despite Subprime Write Down
- Marsh Names Niemczewski as Chief Executive – Multinational
- Ratings Report: Catlin
- S&P Says Saudi Insurance Market Able to Meet Regulatory Challenges
- Ratings Roundup: ExCo, Moscow Re
- Willis Names Piccolomini to Head Continental Europe Operations
- Research & Markets Analyzes Climate Change Threat to Insurers
- Willis Tracks Q3 Financial, Executive, Professional Risks Trends
- Best Launches Structured Finance Site
- Lloyd’s Conference to Address Opportunities/Risks of Nanotechnology
- RI3K Simplifies E-Trading Prices
- Grünbichler is New Zurich International Businesses CFO
- Best Puts Swiss Re’s Ratings ‘Under Review/Negative’
- Kyoto Protocol Parties to Exceed Pledge to Cut Carbon Emissions
- Willis Appoints Paschoal New CEO for Latin America
- Montpelier Re Concludes New Two-year Agreement with Chairman/CEO
- Ratings Recap: MMA, Shinkong, First Ins., Singapore Re, Swiss Re, W.R. Berkley (Europe)
- Millea Group Ups Profit Forecast; Subprime Exposure $245 Million
- PartnerRe Share Repurchase Increased to Five Million
- S&P Comments on KAMP RE Extension Notice; No Rating Change
- Ratings Recap: Fortis (Asia), Cattolica, West England Ship Owners, Endurance
- Best Seeks Comments on ‘Takaful’ Insurance Methodology
- S&P: Swiss Re Ratings Unaffected by Subprime Write-Down
- Environmental Insurance Premiums ‘Stabilizing’ Says Willis
- XL in Deal to Purchase Global Asset Protection Services from Swiss Re
- UK Auto Report by Research & Markets
- Swiss Re Marks Down $1 Billion on Subprime Mortgage Devaluation
- ‘Warming of the Climate System is Unequivocal’ Says UN Panel
- Insurance Isn’t Dull, Says Kiln’s Creasy
- Fitch Upgrades Markel International Ratings; Affirms Corporate Ratings
- Guy Carp’s New Czech Flood Model
- S&P to Hold Conferences on European Bank Sector
- S&P Reports Ratings Gap ‘Narrowing’ between Middle East & UK Insurers
- AIR Estimates Chile Earthquake Insured Losses Not Over $80 Million
- Over 200 Dead in Bangladesh Tropical Cyclone; Cat 4 Storm Says RMS
- ACE UK Launches ‘Elite’ to Protect Directors & Officers Assets
- Ratings Roundup: Montpelier Re, Arab Re, Cyrus Re (debt)
- SCOR’s Nine-Month Income Jumps 93% to $437 Million
- Drinan is New ACE UK/Ireland Distribution Director
- Climate Change Panel – Esteemed, But Perhaps Too Conservative
- Zurich 9 Month Net Jumps 25% to $4.157 Billion; Farmers up 6%
- Greenlight Reports $2.1 Million Q3 Loss
- Fitch Report ‘Positive’ on Central America Insurers
- Marsh UK Analyzes Threats from Latest Avian Flu Outbreak
- Urquhart Joins Lockton International Construction Team
- S&P Report on Bermuda’s Re/Insurers – Cautious, but Optimistic
- Ratings Recap: Dresdner, Allianz, LEMMA, Malayan, Chaucer 1084, Fubon
- CORRECTION: Europ Assistance
- Marsh Names Melling Consumer Practice Head – Europe, Mideast, Africa
- Willis Makes Asia, India Employee Benefits Appointments
- Lloyd’s Reports on Chinese Market
- Guy Carp Makes Europe, Asia Pacific Executive Changes
- Ratings Recap: Central Re, Evergreen
- World War I Armistice Observed
- XL is Co-sponsor of Second China Leadership Conference
- Willis in Thames Flood Study
- England, Netherlands Breathe Easier as High Tides Recede
- Beale Joins Zurich as Merger/Acquisition-Transformation Management Head
- Earnings Reports Summaries: Allianz, Allied World, CastlePoint, Hannover Re
- AXA’s 9-Month Results Show Gains
- Flagstone Re Reports $66 Million Q3 Net; Conference Call Today, Details
- Lloyd’s CEO Discusses ‘Mega-Trends, Insurance Industry’s Future
- Ratings Roundup: Blue Fin (Allianz), Generali, Greenlight Re, Eureko
- Guy Carp Names Facultative Re Practice Leaders
- Hartford Expands Professional Liability to London; Best, S&P Rate New Unit
- Europ Assistance Launches Identity Theft Service in UK, Ireland
- Validus Q3 Net Surges to $136.5 Million
- Max Capital Group Q3 Net up 250% to $66.8 Million
- Mexico Landslide Devastates Village as Floods Spread
- Berkley to Buyout Kiln’s Stake in W. R. Berkley Insurance (Europe)
- Swiss Re Q3 Net Off 5% to $1.28 Billion in ‘Turbulent Quarter’
- Best Affirms Swiss Re’s ‘A+’ Rating
- S&P Says KAMP RE 2005 ‘Imminent Default Probable’
- Klein to Head Guy Carp’s New Knowledge Management/R&D Group
- S&P Examines Europe’s Insurers Exposure to ‘Credit Crunch’
- Montpelier Re Completes U.S. Surplus Lines Acquisition
- Ratings Recap: Medical Ins. (Australia), Swiss Re Europe, Aseguradora Mundial
- China Claims Some Progress in Improving Industrial Safety
- Munich Re’s 9-Month Profit Jumps 17.5% to $4.84 Billion
- Max Capital Earnings Announcement Today; Conference Call Details
- XL Elects Vereker to Board
- Integro Beefs up London Unit
- Ironshore Acquires US Admitted Shell
- AIR Enhances Cat Models
- Ratings Recap: IGI, R&SA, Gerling KA, Mapfre, Alliance PSC, Lonpac, United
- Hurricane Noel, Season’s Deadliest Storm, Moving up East Coast
- Massive Floods Hit Southern Mexico
- Munich Re’s ERGO in Joint Venture with Indian Insurer HDFC Ltd.
- Aspen Reports Record Q3 Results; Conference Call Today, Details
- Endurance Q3 Net $131.4 Million
- Ahamed Named to Aspen Board
- Best Sees No Change in Mapfre Ratings from Commerce Acquisition
- Noel Leaves over 60 Dead; Bahamas, Florida Coast Warnings
- Guy Carp Publishes Analysis of ‘Systemic Risks;’ Inadequate Reserves
- S&P Report Examines ‘Cycle Downturn’ Impact on Reinsurers
- Stone Point Capital Backs Cunningham Lindsey Privatization
- Willis Rolls Out New ‘Quality Index®’
- Marsh Launches Global Events Practice
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