International & Reinsurance News for January 2002
- Converium to Underwrite Midwest Crop Coverage
- ACE Bermuda Names Frank Lattal Exec. VP, General Counsel and Secretary
- S&P Revises Outlook on Samsung to Positive
- U.K. Insurers Fear Big Losses as Storm Ravages Country
- S&P Comments on Lloyd’s Reform Proposals
- Direct Line to Acquire RSA’s Italian Auto Business
- U.K.’s Equitable Receives Policyholder Accord on GAR Plan
- XL Takes Q4 Charges on Enron, Air Crash, Other Losses
- Max Re Posts 166% Increase in Q4 Net Income
- Canadian Regulators Approve ING, Zurich Alliance
- Hyundai Unit Offers World Cup Hooligan Coverage
- Skandia Named One of Europe’s 10 Greatest Workplaces
- RenRe Reports Solid Gains in Q4 Net Income
- Lloyd’s Appoints Jeremy Pinchin as Sept. 11 Claims Coordinator
- S&P Affirms Trans Re Zurich ‘AA’ Ratings
- U.K.’s Cox Increases WTC Loss Estimates
- A.M. Best Lowers Allianz Canada Ratings to ‘A’ (Excellent)
- Eagleburger Briefly Resigns as Holocaust Claims Fund Chairman
- Arch Capital Names John D. Vallaro Exec. VP, CFO
- GMAC Completes Acquisition of Mexico’s ABA Seguros
- AXA Plans to Expand German Coffee House Sales
- A.M. Best Assigns ‘A- (Excellent)’ Rating to Endurance Specialty
- ACE Shareholders Approve 200 Million Share Increase
- ING, Piraeus Bank Finalize Alliance
- U.K. Gov’t. Extends Airline Coverage
- S&P Sees Stable Belgian Insurance Market in 2002
- AEGON Sells Banamex Stakes to Citigroup
- Munich Re, Allianz Complete Share Sales
- S&P Affirms Mutual Steam Ship ‘AA-‘ Ratings
- AIG Pulls Out of Hyundai Securities Deal
- Lloyd’s Tables Radical Reforms For Consultation
- Concorde Crash Report Confirms Lost Part as Proximate Cause
- A.M. Best Lowers Ratings on Royal and Sun
- Alea Group Capital Reaches $600 Million After
- Zurich Global Energy Appoints Derek Ratteray
- Lloyd’s Poised to Make Fundamental Changes
- A.M. Best Affirms QBE Group Ratings
- SCOR Hit By Late Claims, Estimates $223 Million Loss for 2001
- A.M. Best Lowers SCOR Ratings, Removes from Review
- Fondiaria Chief Favors a ‘Ménage à Trois’
- XL Completes Le Mans Re Deal; Buys Stake in Stanfield Capital
- Report Reinsurance Rate Rise Reduced
- Film Financing Trial Starts in London
- Delphi Shareholders Approve Voluntary Liquidation
- Munich Re Selects John P. Phelan To Replace Ed Noonan as American Re CEO
- Fiat’s Toro Confirms Bid for Fondaria
- A.M. Best Affirms Cornhill’s ‘A++’ (Superior) Rating
- S&P Affirms AXA ‘AA’ Ratings, Outlook Negative
- Longitude to Work with Swiss Re on Weather Derivatives
- RenRe Confirms DaVinci Re Investments
- AIU Launches New Global P/C Web Site
- Max Re Invests $50 Million in DaVinci Re
- ACE Issues Q4 Earnings Advisory
- U.K. Insurers to Pay $216 Million Levy
- RenRe Confirms $100 Million for Glencoe, Names William Ashley COO
- Transatlantic Holdings Sets Enron Losses at
- S&P Places MSI Europe on CreditWatch-Negative
- CGNU Nears Deal w/ Groupama on French Commercial Lines
- RMS and SCOR Structure $150 Million CAT Bond
- S&P Affirms IPCRe’s ‘A+’ Ratings
- XL to Sell $500 Million in Senior Notes
- A.M. Best Gives Goshawk Re A- (Excellent) Rating
- XL Re Posts CEO’s Comments on the Internet
- Allianz To Sponsor Williams F1 Team in 2002
- Australian Brush Fire Loss Estimates Rise
- Individual Names Continue to Leave Lloyd’s
- Europe Greets the Euro
- Chubb Still Interested in Hiscox
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