International & Reinsurance News for April 2005
- Munich Re “On Track” for 2005; Ups Dividend 60%
- Aspen Q1 Net Falls 17.5% to $70.1 Million
- AEGON Completes Sale of Spanish P/C Sub
- Fairfax Financial Q1 Net Falls 9.74% to $35.2 Million;* Operating Income Up 21.4% to $104.3 Million
- Endurance Q1 Net Income Drops to $96.3 Million on Reserve Increases
- JLT Says Weak Dollar, No PSA’s, Soft Market May Impact 2005 Results
- Japan Rail Crash Raises Questions
- Best Affirms Ratings of PXRE
- Willis Group Reports Results from Stockholder Meeting
- Max Re Capital Notes Director Resignation
- Arch Enters Canadian Market
- Airbus A380 Takes to the Air
- Willis reports $76 Million Drop in Q1 Net; Announces $300 Million Share Buyback
- R&M Reports on Global Insurance Market Regulators
- S&P Affirms Casiopea Re ‘A’ Rating
- AIG WorldSource Enhances DBA Insurance Program
- Eureko Strengthens Ties with Rabobank; S&P Sees No Rating Change
- ACE Q1 Net Down 3% to $433 Million; Operating Profits Rise 7% to $441 Million
- S&P Raises Aioi Rating Outlook to Positive
- FINEOS Becomes IBM Premier Business Partner
- S&P Raises Japan’s Fuji Fire Ratings to ‘BBB+’
- Lloyd’s Levene to Leave Deutsche Boerse Board
- XL Posts $442.9 Million Q1 Net
- Best Affirms Ratings for The Egyptian Reinsurance Co.
- Best Comments on Rating for Island Heritage
- Allianz Global Risks to ‘Raise Profile’ on Liability Coverage
- Lexington Launches Outsourcing Coverage
- Japan Train Crash Death Toll Rises to 73
- PXRE Adds Kelly to Board of Directors
- S&P Puts Taiwan’s Mingtai on CreditWatch/Positive
- CII to Increase Number of Chartered Title Holders
- Report Cerberus in Talks to Acquire Gerling
- U.K. Researchers Find New Hurricane Forecast Method
- Armenian Genocide, Concentration Camp Liberation, Gallipoli Campaign Remembered
- 50 Reported Dead in Japan Train Crash
- Carvill Announces Executive Appointments
- Best, S&P Rate Generali $653 Million Debt Issue
- A.M. Best Revises Generali Debt Ratings
- CII, Allianz Cornhill Program Improves Underwriters Technical Skills
- Report Tokio Marine in Talks to Acquire ABN AMRO’s Brazilian Insurance Unit
- ABI Urges Reform of FSA Enforcement Procedures
- Best Downgrades Zurich Specialties; Outlook Negative
- S&P Affirms, Withdraws SCOR’s CRP Subs Ratings
- Oeckl Rejoins GE Insurance Solutions
- Zurich Names Doyle VP of Int. Program Business
- S&P Sees No Rating Affect in AXA/Finaxa Merger
- AIG Consultants Launches Business Protection Unit
- Best Assigns ‘B++’/’bbb’ Rating to Rutland
- R&M Issues Report on Credit Monitoring, Identity Fraud
- ACE Europe Launches Commercial Motor Third Party Property Damage Excess Product
- Old Mutual Transfers 12.5% Stake to Support Black Empowerment in South Africa
- Strategy Int. Moves Forward with RS Group Purchase
- Best Affirms Rating for Lloyd’s Syndicate 2010
- American Safety Insurance Holdings Obtains Best Financial Size Category Increase
- Best Affirms FSR for Electro Re SA
- Best Affirms Rating of TT Club; Revises Outlook to Positive; Assigns ICR
- S&P Affirms RenRe’s ‘AA-‘/’A’ Ratings
- Everest Re Q1 Operating Income up 9% to $165.2 Million; 14.5% Drop in Gross Premium
- New Lloyd’s Research Reveals Underwriters’ Industry Views and Concerns
- Aon: Businesses Must Not Ignore Terrorism Risk
- AXA, FINAXA Say Merger on the Horizon
- Quanta Appoints Cloutier Chief Claims Officer
- New Competition for Marsh, Aon, Willis?
- Chaucer Breaks Off Highway Purchase Talks
- FINEOS Named ICT ‘Vendor of the Year’
- Zurich Sells 10% Stake in S.A. Eagle to Support Black Economic Empowerment in South Africa
- St. Paul Travelers Notes Formation of National Programs Business Unit in Canada
- AIG Aviation Grows Insurance Offerings to Meet Updated European Union Aviation Liability Requirements
- XL Capital Unveils LossLink
- RS Group of Companies Reports 2004 Year-End Growth
- Best Affirms Montpelier Re Ratings
- Fitch Assigns ‘AAA’ IFS Rating to Assured Guaranty
- XL Changes Financial Reporting for Its Financial Products and Services
- Australian Regulators Investigating Gen Re Contracts
- HIH Founder Williams Sentenced to 4½ Years
- Best Downgrades, Withdraws Ratings for Commercial Risk Partners; Outlook Negative
- At Least 20 Dead in Paris Hotel Fire
- ING Closes Chile P/C Sale to Liberty Mutual
- Best Affirms Western Isles Ratings
- Radian Names MacDonald VP of International Public Finance Group
- S&P Reports on Australia-N.Z Markets
- Transatlantic Estimates $19 Million Q1 Cat Losses
- JLT Risk Solutions (Bermuda) Ltd. Licenses CATEX Pivot Point Service
- ABI Urges U.K. Voters to “Make Flood Management an Election Issue”
- Former HIH Director Gets 4 Year Sentence
- Generali Announces Strong 2004 Results; Net Profit of $1.7 Billion
- Munich Re Sets Up $65 Million Risk Foundation
- SCOR Reports Strong Asian April Renewals
- PICC to Form Chinese Life Venture
- Axa Contacted by N.Y. AG, U.S. Securities and Exchange Commission Over MBIA Transactions
- Advisen, Assurex Global Form Strategic Partnership
- Best Affirms All XL Ratings
- American Re Looks at North American Natural Catastrophes for the Past Year
- PartnerRe Update on Accelerated Share Repurchase
- Zurich Provides Political Risk Insurance for Bolivian Silver and Tin Mining Project
- Best Affirms Inter-Industry; Insurco Ltd. Ratings; Revises Outlook to Stable
- Vagnone Named to Replace Greco at RAS
- Bermuda Insurers Receive Subpoenas
- Best Affirms Taiwan’s Central Re Corp. ‘A-‘ Rating
- ABI Applauds New Legislation “To Drive Illegal and Dangerous Motorists from the Roads.”
- Hartford Announces ‘Ocean Companion’ Cargo Rider
- Lloyd’s CEO Outlines ‘Strategic Challenges’ Facing General Insurance Industry
- Best Downgrades and Withdraws Ratings of Inter-Ocean and Subsidiaries
- ABI Secures Delay for New Finance Bill Regulations
- S&P Sees No Change in Lloyd’s Ratings
- Best Affirms Ratings of GE Frankona Group
- Insurance Accounting Probe Spreads; Munich Re Questioned; Bermuda Opens Investigation
- Best Affirms FSR for Accident Compensation Corp.
- Best Assigns FSR for Malayan Insurance Co. Inc.
- Greenberg Resigns from Transatlantic Board
- Greco Steps Down as RAS Chairman
- Lloyd’s Recorded Strong 2004 Profit Despite Hits from Natural Catastrophes
- ACE (Bermuda) Appoints Lenzen Exec. VP, General Counsel and Secretary
- R&M Study Shows Reinsurance Claims Subject to Greater Scrutiny
- Best Explains Canadian P/C BCAR Ratings Criteria
- Denton Appointed to the Council of Lloyd’s
- AIR Expands Life, Accident/Health, Disability Model
- Best Affirms Rating for ING Comercial America
- World Mourns Death of Pope John Paul II
- Odyssey Re Increase Storm Loss Estimates
- S&P Puts Casiopea Re on CreditWatch-Negative
- Best Places Platinum’s Ratings Under Review, Downgrades Credit, Debt Ratings; Company Comments
- Guy Carpenter, MMC Securities Cat Bond Market Update Sees Increased Growth
- S&P Sees No Effect on Ratings of German Companies Charged with Anti-Trust Violations
- CIAB Wins Countersignature Lawsuit in Puerto Rico
- S&P Assigns ‘B’ Rating to N.Z.’s Simply Insurance
- S&P Report Explains ‘Core Subsidiary’ Term
International & Reinsurance News Archives