International & Reinsurance News for March 2004
- Lord Levene Addresses Italian Insurance Leaders
- S&P Revises Sompo U.S. Outlook to Stable
- S&P Affirms Legal & General’s ‘A’ Debt Rating
- $16 Million Paid to Holocaust Insurance Claimants
- Slave Trade Suit Targets Lloyd’s, U.S. Companies
- Best Affirms Electro Re ‘B++’ Rating
- Watson Wyatt Spins Off Spring Consulting
- Hannover Re 2003 Net up 32.8% to $431 Million
- Lloyd’s Hires Consultant for ‘Brand Name’
- American Safety Insurance Holdings Unveils Q4 Numbers
- S&P Upgrades NZ Insurer Promina Outlook to Positive
- Swiss Re Reports $1.33 Billion 2003 Net Income
- S&P Rates Hannover Re Africa “BBB”
- Best Rates Everest Re’s Trust Preferred Securities ‘a-‘
- S&P Assigns ‘A+’ rating to RAM Holdings Debt
- MetLife Receives Approval for China Joint Venture
- Hub International Unveils Exclusive Program for Embassies
- St. Paul Enhances Commercial Property-General Liability Product for Companies with Foreign Operations
- Best Assigns ‘bbb’ Rating to RenRe Preferred Stock
- Montpelier Re Modifies Changes in Board of Directors
- Best Assigns Platinum ‘bbb+’ Indicative Ratings
- BTE Technologies Acquires Controlling Interest in U.K.’s Hanoun Medical
- GAB Robins Receives China Operating License
- Platinum Files $750 Million Shelf Registration
- S&P Affirms Fairfax ‘BBB’ / ‘BB’ Ratings
- Sapiens Names Bessellieu Americas Division President
- S&P Upgrades Outlook on 7 Japanese Insurers
- Travelers Reaches Asbestos Settlement with Equitas
- Scampas, Nylund Join Willis Group
- UK’s Broker Network Plans to List Shares
- S&P Assigns ‘A’ Rating to Atradius Re
- Alea Names Ricciardelli President and COO
- PCI Applauds NAIC’s Rejection on “Alien Reinsurers” Funds
- OIL Posts Strong 2003 Earnings, $420 Million Net
- U.K.’s Hiscox Posts Record $154 Million Net Pre-tax Profit
- Best Affirms Lloyd’s Syndicate 1414 ‘A+’ Rating
- Best Affirms Mitsui Sumitomo ‘A+’ Rating
- Allianz 2003 Profits $1.96 Billion, Dresdner Loss Weighs
- Swiss Re Wins Taiwan License Go-Ahead
- Munich Re Posts First Loss in 97 Years-$533 Million
- U.K. Budget Boosts Lloyd’s Names
- Best Affirms West of England Ship Owners ‘A’ Rating
- S&P Reports Top Layer Reinsurance Ltd. ‘AA’ Ratings Affirmed; Outlook Stable
- A.M. Best Affirms Rating for Sun Hung Kai Properties Insurance Ltd.
- S&P Affirms White Mountains ‘BBB-‘ Ratings
- Endurance Names New Head of Reinsurance Operations for Bermuda
- Best Affirms ‘B++’ Rating of Fuji Fire & Marine
- Aspen Appoints Adrian Ballardie Chief Risk Officer
- Best Assigns ‘a+’ Debt Rating to L&G Notes
- Aegon Reports 16% 2003 Profit Rise to $2.187 Billion
- Best Downgrades Bermuda’s Centre Solutions Rating
- Jurgen Grupe, Henry Smith Named to AXIS Board
- Moody’s Downgrades Lloyd’s Syndicate 1007; Revises Syndicate 2147 Outlook to Stable
- Arch Capital Plans Public Offering
- White Mountains Sells Block of Montpelier Shares
- Kingsway Re-opens Note Offering
- AXIS Names Andreas Thiele Asia Director
- White Mountains Withdraws Montpelier Re Share Offering
- Moody’s Issues Upbeat Report on Lloyd’s
- Best, S&P Comment on R&SA Results
- SEC Investigating ING, Aegon for Market Timing
- MBIA Opens Representative Office in Milan
- R&SA Posts $ 255 Million Operating Profit
- Arch Expands U.K. Executive Assurance Team
- S&P Affirms, Withdraws Amedex ‘A-‘ Ratings
- Evan Greenberg Tabbed as ACE’s New CEO
- Philip Lader to Join Council of Lloyd’s
- Best Comments on Sistema Mapfre Ratings
- Lloyd’s Honors Two U.S. Brokers
- Navigators Releases 2003 Q4 and Full Year Numbers
- Aspen Adds 5 Underwriters to U.S. Re Team
- RMS Releases New Climetrix(R) Version
- Montpelier Re Announces Secondary Share Offering
- U.K.’s CII, CILA Formalize Claims Faculty
- Kingsway Comments on Best’s Rating Action
- Catlin IPO to Raise $200 Million
- Willis Reorganizes Board, Adopts Guidelines
- Best Downgrades Kingsway’s Canadian Subs to ‘B++’
- S&P Affirms Inter-Ocean Re ‘A’ Rating; Outlook Revised to Negative
- Best Affirms GE Frankona ‘A’ Rating; Lowers Outlook
- RenRe Ups Dividend 27%
- Best Affirms Zurich Specialties ‘A’ Rating; Assigns Stable Outlook
- Montpelier Re’s CEO Adopts Rule 10b5-1 Plan
- Best Comments on Catlin Group’s IPO
- New Swiss Re Sigma Study Reviews 2003 CAT Losses
- CII Supports Incentives for Continuing Education
- The PMI Group Appoints Michael Edwards as Field VP -Europe
- Best Downgrades Allianz Canadian Subs
- CII Reports on U.K. Flood Risks
- Navigators Among Top Ranked Marine Insurers
- Montpelier Re Appoints Anthony Taylor Chairman
- P/C Results Lift AXA Earnings
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