International & Reinsurance News for November 2006
- ICAT Establishes Syndicate at Lloyd’s of London
- Businesses Must Address Environmental Exposures, Says Insurer
- Swiss Re Advisors See Big Demand for Energy Risk Underwriting
- Excess/Surplus Claims Group Elects Kalaydjian, Other Officers
- German Insurer Allianz Foresees Future Job Cuts
- Zurich Establishes New Central/Eastern Europe Unit
- Fairfax to Sell 9 Million Odyssey Re Shares
- Best Affirms Aspen (UK), Aspen Holdings (Bermuda) Ratings
- Best Affirms Aspen’s ‘A-‘ Ratings
- Hiscox Opens Offices in Sweden, Portugal
- FSA Fines GenRe UK $2.35 Million
- Lloyd’s Claims Specialists Heed CEO’s Call for Electronic Processing
- PartnerRe Redeems Securities
- Best Affirms Korea’s LIG ‘A-‘ Rating
- Best Affirms Sunderland Marine ‘A-‘ Ratings
- Fitch Affirms Fairfax, Odyssey Re and TIG Ratings
- China Expo Names Willis Lead Broker
- Fitch Ups SCOR Ratings to ‘A-‘; Affirms Revios ‘A-‘; Company Comments
- Best Rates Kiln Bonds ‘bbb’
- Lloyd’s Examines Growth of Singapore Insurance Market
- ABI Supports Government Pensions, Climate Change Proposals
- 2 Top Russian Medical Insurance Officials Detained on Embezzlement, Bribery Charges
- Best Lowers Scottish Re Ratings
- White Mountains Plans Share Buy-Back
- Kiln Hong Kong Acquires International Reinsurance Services
- Ward Calls on London Market to ‘Get Back to Basics’
- Guy Carp/Amlin Announce First Full Paperless Electronic Claims Settlement
- Willis in $150 Million Share Buyback
- Best Puts Spain’s Mapfre Empresas Under Review/Negative
- Liberty Licensed in Vietnam
- IAG Announces Plan to be ‘Carbon Neutral by 2012’
- Bermuda Accelerates Says Conning
- SCOR Launches $482 Million Capital Raising Subscription Rights Offer
- Allied World Names DeFeo to Board
- Guy Carpenter Names Farricker Sr.VP-Global Surety
- 3 Chinese Insurers Implement NeoMedia’s Mobile Technology
- Zurich Reports ‘Excellent’ 9-Months
- Oxygen Completes Smart & Cook Deal
- Tsunami Waves Minimal after Undersea Japan Quake
- Allianz on Climate Change Impact
- ACE Names Stanway UK, Ireland Casualty Risks Manager
- Munich Re Tells UNEP Conference $1 Trillion Loss Year Possible
- Hannover Re Posts $486 Million Half-Year Net Income
- ACE Opens Office in Bahrain
- R&SA Acquires Martello Underwriting
- Max Re Posts $26.5 Million Q3 Net Income; Names Becker Chairman, CEO
- Best Rates Ariel Re ‘A-‘
- Guy Carpenter Comments on Catlin Cat Bond Placement
- Lockton Launches Re-branded AFIRS
- Swiss Re Places AXA’s Osiris Mortality Securitization Program
- Beazley Opens Singapore Office
- Hannover Re Receives China License
- ACE Europe Names Cryer UK, Ireland Commercial Property, Package Product Manager
- Lloyd’s Names Barred from Action Against U.K. Government
- Commentary: In an Electoral Defeat – Echoes of the ‘Great War’
- ABI Study Warns of Increased Flood Risk in Eastern U.K.
- Best Affirms Groupama Ratings
- Best Rates Finland’s Tapiola ‘A’
- AXA Records Strong 9-Month Growth
- Quanta’s Q3 Report Reflects Run-offs
- AWAC Reports $114 Million Q3 Net Income; $314.5 Million for 9 Months; Conference Call Details
- PXRE Posts $4.5 Million Q3 Profit; Conference Call Scheduled Today
- Aspen to Sell Preferred Shares, Buy-back Common; Best Ratings; CEO Comments
- Lloyd’s Announces New Marine Underwriting Charter Policy
- Zurich Announces Executive Committee, Sr. Management Changes
- Best Affirms Dongbu’s ‘A-‘ Ratings
- Best Affirms Berkley (Europe) ‘A’ Rating
- RMS Restructures OYORMS
- Best Affirms Hyundai’s ‘A-‘ Ratings
- S&P Report: ‘Legacy Issues’ for European Reinsurers Seen as Less ‘Problematical’
- Munich Re Records $3.66 Billion 9 Month Profit; On Track for the Year
- Best Affirms Munich Re ‘A+’ Ratings
- Lloyd’s James Tells PCI Threats to Industry Still Exist
- Zurich Launches Global Underwriting for Multinational Products
- Best Upgrades London General to ‘A-‘
- Best Rates Faraday Re ‘A++’
- Berkshire’s Cologne Re Cited in German Finite Reinsurance Probe
- RMS Names Keogh to Head Global Client Development, Grant Chief Markets Officer
- Swiss Re Commutation Hits Fairfax Q3 Earnings; Posts $359 Million Loss
- Kingsway Q3 Net In come Rises 19% to $37.4 Million
- White Mountains Q3 Net Income $162 Million; $374 Million for 9 Months
- Allianz Group Releases Preliminary Q3, 9 Month Results
- PartnerRe to Issue $250 Million New Notes; Best Assigns ‘bbb’ Rating
- Zurich Moving Latin America HQ to Miami; Names Paredes CEO; Serna to Head Media Relations
- Hansson Joins Integro’s Stockholm Office
- Aspen Names Cusack Bermuda Insurance Chairman, CEO; Appoints 3 New Directors
- Bailar Joins Endurance Board
- Allied World Sets Q3 Earnings Announcement; Conference Call
- Kroll Denies Iraq, Afghanistan Pullout
- SCOR Gets China Reinsurance License
- Best Affirms Samsung F&M ‘A+’ Ratings
- Best Rates Malaysian Re ‘A-‘
- Lloyd’s Releases Second ‘360 Report’ on Climate Change
- RenRe Posts Q3 Operating Income of $247 Million
- XL Conducts U.S. Portion of China Insurance Training Program
- Munnoch to Head Zurich’s U.K. General Insurance Unit; Stuart Retires
- Best: No Rating Change on Max Re
- Cazar to Head ACE Latin America
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