International & Reinsurance News for September 2003
- Report ING Fails in Attempt to Unfreeze $300 Million Held by Mexican Court
- XL Announces Three Executive Appointments
- Massive Power Failure Plunges Italy into Darkness
- Hurricane Juan Hits Canada’s Maritime Provinces
- Lloyd’s Deputy Chairman Addresses Changing Risk Environment
- ACE Announces Top Executive Appointments for Global Units
- Strong Quake in Japan; Tidal Waves Feared
- Best Lowers Unum Japan Rating to ‘BB+’
- American Safety Comments on Best’s ‘A’ Rating
- S&P Rates Kingsway Debt ‘BB+’- Affirms Group’s ‘BBB’ Rating
- S&P, Moody’s Bullish on Lloyd’s
- Fortis Plans IPO of U.S. Insurance Operations
- Best Affirms Zurich Specialties London ‘A’ Rating
- Brit Insurance Posts $51 Million 1st Half Profit
- Fitch Affirms Everest Re ‘A-‘ Debt Ratings, Assigns ‘AA-‘ IFS Ratings
- Best Affirms Sunderland Marine Mutual’s ‘A-‘ Rating
- R&SA Shareholders Approve Rights Issue
- Apprehensions over Regulation, Capital, Industry Image, Dominate CII Conference
- AXIS Capital Reaches New Agreements with Two Top Executives
- Dowden Appointed CRO at XL Capital
- Eureko Outlook Revised to Neg
- United National Group Files for IPO
- ZFS’ Centre Solutions on Watch Neg
- ZFS Subs Outlook Revised to Stable
- Fitch Affirms XL Capital Ltd. Ratings
- S&P Places Centre Solutions, Bermuda, Ratings on Watch Negative
- Isabel Continues on Course towards East Coast
- ACE Europe Forms Electronic Disaster Recovery Service with BELFOR
- Best Affirms ‘A-‘ Rating of Arch Re
- Endurance Specialty Promotes Mary Lou Douglas, Maria Costello
- 85 Reported Dead, 30 Missing as Typhoon Strikes South Korea
- Isabel Poised to Strike East Coast
- Paul Kovacs Appointed President and CEO of PACICC
- PartnerRe Weathers Hurricane Fabian
- Bermuda Assures the World It’s Open for Business
- Isabel Packs Powerful Punch
- Endurance Worldwide Moves to Permanent London Headquarters
- Best Downgrades SCOR Ratings – Action ‘Unfounded’ Reinsurer Replies
- Aviva Plans $1.9 Billion Bond Issue – Rating Agencies React
- Montpelier Re Wins International Reinsurance Award
- Best Affirms ‘A’ Rating of Catlin Insurance Co.
- Allied World (Europe) Officially Opens London Office
- Lord Levene Gives Thought Provoking Speech to Rendezvous Delegates
- S&P Reports Marine Hull Insurance Rates Set to Peak in 2005
- Hurricane Isabel Now a Category 4 Storm
- S&P Sees Stability in Reinsurers’ Ratings
- Best Reports Pressure on Reinsurers, Sees Radical Change
- Reinsurance Rendezvous Highlights Poor Results, Future Direction
- Four Missing as Fabian Slams Bermuda-Strongest Hurricane in 50 Years
- Aon Forms World’s Largest Reinsurance Broker
- Clement Booth to Become Aon Re International CEO
- Zurich to Sell Most French Business to Generali
- ri3k Announces New Electronic Reinsurance Infrastructure
- Bermuda Braces for Hurricane Fabian
- Recent Ratings Round-up
- XL Completes Purchase of Le Mans Re
- Dr. Riccardo Nicolini Appointed Arch Re European Marketing Representative
- Copart Opens First Canadian Facility in Toronto
- R&SA Confirms 1st Half Profit Increase, Rights Issue; Sells Some U.S. Renewal Rights to Travelers
- Credit Lyonnais, French Gov’t. Agree to $575M Settlement in Executive Life Case
- S&P Affirms Everest Re Group Ratings
- “Fabian” Treads Water; “Dujuan” Misses Hong Kong
- Kingsway Appoints Two Executives
- Mexican Mining Claim Embroils ING in Legal Dispute
- Powerful Atlantic Hurricane Forms
- S&P Publishes Encouraging Report on Asia-Pacific Reinsurance Market
- Ontario Auto Insurance Reforms ‘Excellent News’ for Consumers Says IBC
- Best Affirms ‘A’ Financial Strength Rating of Converium and Subsidiaries
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