International 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’ White Mountains Plans Share Buy-Back Kiln Hong Kong Acquires International Reinsurance Services 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 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 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 SCOR Launches $482 Million Capital Raising Subscription Rights Offer Allied World Names DeFeo to Board Guy Carpenter Names Farricker Sr.VP-Global Surety 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 Guy Carpenter Comments on Catlin Cat Bond Placement Lockton Launches Re-branded AFIRS Swiss Re Places AXA’s Osiris Mortality Securitization Program 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-’ 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 Best Affirms Groupama Ratings Best Rates Finland’s Tapiola ‘A’ Commentary: In an Electoral Defeat – Echoes of the ‘Great War’ ABI Study Warns of Increased Flood Risk in Eastern U.K. 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 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 Best Affirms Berkley (Europe) ‘A’ Rating RMS Restructures OYORMS Best Affirms Hyundai’s ‘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 Bailar Joins Endurance Board Allied World Sets Q3 Earnings Announcement; Conference Call 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 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 International News Archives
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