International News
News for September 2001
September 28, 2001
September 27, 2001
- China To License Nine European Insurers
- Toulouse Explosion Losses May Total $840 Million
- Lloyd's Puts Losses from U.S. Disasters at
September 26, 2001
- AIG To Offer War, Hijack Coverage to Airlines
- Swiss Re to Host Conference on Reducing Greenhouse Gas Emissions
- Hiscox Estimates Loss from U.S. Attacks at
September 25, 2001
- ACE Increases Loss Estimates from Terrorist Attacks
- Zurich Sells Scudder Financial Unit to
- A.M. Best Announces Rating Actions
September 24, 2001
- U.S.- EU To Help Airlines Cover War, Terrorist Risks
- AXA, Allianz Raise U.S. Attack Loss Estimates, New Disaster in France
- Sampo May Give Up Storebrand Bid
September 21, 2001
- More Lloyd's Insurers Estimate U.S. Losses
- Swiss Re, Munich Re Raise Catastrophe Loss Estimates
- S&P Lowers Ratings on Lloyd's, Zurich- Puts 15 Others on Credit Watch/Negative
September 20, 2001
- Trading in QBE Shares Suspended
- Ren Re to Increase Capital of Glencoe Subsidiary
- AEGON Sees Attack Losses Below $50 Million, Less Impact on Earnings
- London Market To Cancel Airlines' War, Terrorist Risk Cover - Big Increases Anticipated
- ACE Denies WSJ Report on War Exclusion
September 19, 2001
- ING Sees $46 Million in Life Claims from U.S. Disasters
- Taiwan to Follow China into WTO
- S&P Downgrades QBE's Underwriting Units
September 18, 2001
- Lloyd's Assures on Losses, Sees War Risk
- QBE Expects Large Losses from U.S. Disaster
- Hyundai Securities Shareholders Sue to Block Sale to AIG
September 17, 2001
- China WTO Admission Approved After Diplomatic Compromise
- Bermuda Reinsurers Preliminary Loss Estimates from Terrorist Attacks
September 14, 2001
- AXA Announces 1st Half Results, Estimates
- AIG, Allianz, XL and Ren Re Statements on
- Claims Payments Assured, Despite Huge Losses
September 13, 2001
- Insurers Express Sympathy For Attack Victims, Confidence in Coverage
- WTO Postpones Meeting on China Admission
September 12, 2001
September 11, 2001
- Korean Labor Unions Attack AIG/Hyundai Deal
- Stock Market Decline May Lead Swiss Re to Reconsider Share Sale
- SCOR, Latest Reinsurer to Report Strong 1st
- CLARIFICATION: Lloyd's Insurer Cotesworth
September 10, 2001
- XL in Talks to Acquire Majority Stake in
- S&P Affirms 'AA' Ratings for CGNU Group
- Hyundai Accepts AIG's Price - Deal Set to Proceed
September 7, 2001
- Lloyd's Insurers Facing Loss Crisis
- WTO Sets China Entry Date Without Resolving AIG/EU Dispute
- Swiss Re Net Falls in 1st Half, Despite Strong Growth
September 6, 2001
- CATEX Passes 1000th Transaction Milestone
- Arch Capital to Acquire Tri-City Brokerage
- Zurich Meets Lowered Ist Half Forecasts
September 5, 2001
- Fitch Profiles Imagine Insurance
- XL Places $250 Million in Convertible Bonds
- Conflicting Reports on China, AIG, WTO Dispute
September 4, 2001
- Report AIG, Hyundai Near Agreement
- Lloyd's To Raise Members' Central Fund Contributions
- HIH Creditors May Get Only Half of Amounts Owed
September 3, 2001