International News
News for May 2001
May 31, 2001
- AEGON To Issue $1.5 Billion In Stock To Fund J.C. Penney Acquisition
- Report AXA-Deutsche Bank Fail To Agree
- Sampo Bid For Storebrand Meets Government Opposition
- Allianz Posts 6% Q1 Rise in Gross Premiums to $17.6 Billion
May 30, 2001
- Eureko To Take Over Greece's Interamerican
- Benfield Greig Completes Successful Tender Offer For E.W. Blanch
- Munich Re Posts 9% Q1 Premium Growth to $3.7 Billion
May 29, 2001
- Lloyd's Syndicate Offer New Coverage For War, Political Violence
- Lloyd's reviewing the Captive Market - No Decision on Withdrawal
May 28, 2001
May 25, 2001
- Element Re's First Deal Covers German Rainfall Risk
- Alea Group To Purchase Seven Hills Ins. Co.
- Lloyd's Issues Warning on Travel Insurance
- SCOR Completes Purchase of Sorema
- Further Increases Seen in U.K. Auto Rates
May 24, 2001
- More Troubles in Australia Following HIH Collapse
- Big Turnout Expected for IIS Vienna Meeting
- ING To Merge Chilean Subsidiaries
May 23, 2001
- Swiss Re Sues XL Over Armstrong Credit Swap
- ACCORD To Implement eMerge as Common Standard for Data Transmission
- ING Posts 10.6% Q1 Profit Gain To $997 Million
- Assurex Expands in U.S., Canada
May 22, 2001
- St. Paul To Reorganize Lloyd's Operations
- ING Launches U.S. Ad Campaign
- Sampo Confirms Bid For Storebrand, If
- Winterthur To Buy CGNU's Belgian P/C Business
May 21, 2001
- AIR Releases New Latin American Earthquake Models
- Battle Shaping Up For Norway's Storebrand
- Tokio Marine Bucks Japan's Economic Slump With 41 % Profit Increase
- Swiss Re Places $120 Million in Catastrophe Notes
May 18, 2001
- GE Frankona Re CEO Calls For More Change in London Market
- Zurich Profit Picture Still Unclear After Annual Meeting
- Citigroup's Acquisition of Mexico's Banacci Affects Insurers
May 17, 2001
- IPO Values Willis Between $1.44 and $1.728 Billion
- Allianz Seeks Swiss Minority Shares as Part of Rebranding Campaign
- AXA Names Condron To Head U.S. Operations
- CNA Forms Alliance with Ambridge Partners For TFI Products
- U.K. Approves Benfield Greig, E.W. Blanch Deal
May 16, 2001
- Willis Files SEC Listing to Sell 20 Million Shares
- Prudential (U.K.), Other Europeans Seeking U.S. Acquisitions
May 15, 2001
- Report U.S. Plans To Indict Credit Lyonnais
- Australian Government Steps In As HIH Loss Estimates Mount
May 14, 2001
- German Claimants Agree to Concorde Settlement
- Dutch Insurers Set Up $4.2 Million Fund for Calif. Holocaust Survivors
- AXA Posts 4.3 % Q1 Revenue Gains
May 11, 2001
- U.K. Government, Insurers To Assume Asbestos Liability
- RSA Posts 22% Q1 Gain on Strong P/C Growth, But Life Falters Prompting Buyout Speculation
- St. Paul Re Joins inreon - Internet Reinsurance Site
- Report American General To Accept AIG Offer
May 10, 2001
- Study Shows Integration Could Save European Insurers $4.4 Billion
- AXA Shareholders Approve Stock Split, Dividend Increase
May 9, 2001
- Operating Profits Grow, But Overall Net Drops at Allianz Ireland
- Bancassurance Boosted By BNP BancWest Buyout
May 8, 2001
- PartnerRe Q1 Net Income Dips as Premiums Rise
- Equitas To Toughen Line on Asbestos Claims
- Allianz Moves To Reduce Eon Shareholding
- ING In Talks to Acquire Majority Stake in Segcoam
- XL Capital Ltd. Reports 1Q 2001 Results
May 7, 2001
- International Insurance Group Launches Mexican Auto Policy Website
- Canada Fairfax Reports 1Q 2001 Earnings
- Royal & Sun Alliance to Sell Insurance Unit Swinton
May 4, 2001
May 3, 2001
- Swiss Re Study Examines U.S. European Economic Scenarios
- CGNU Posts 12% Q1 Profit Increase to $636 Million
- U.K. Genetic Test Ban Controversy Continues
May 2, 2001
May 1, 2001