International News
News for December 2001
December 31, 2001
- Australian Fires Still Unchecked, Losses Rise
- A.M. Best Assigns A- (Excellent) Rating to World-Wide Reassurance
- AIG, Hyundai Accord Delayed Until March
December 28, 2001
- S&P Rates SCOR's Irish Sub 'AA-'
- Allianz Prepares to Launch Global Risk Division
- A.M. Best Assigns 'A-'(Excellent) Rating to Danish Re, Lloyd's Syndicate 1400
December 27, 2001
- Brush Fires Ravage Sydney Suburbs
- S&P Lowers Ratings on Hannover Re Group
- Sales and Acquisitions in French Insurance Market
December 25, 2001
December 21, 2001
- London Insurance Community Collects $400,000 for New York's Firefighters
- XL Puts Enron Loss Exposure at $75 Million; S&P Affirms 'A+ Ratings
- Swiss Re Estimates Enron Losses at $173 Million; Reports on Financial Intermediaries
December 20, 2001
- Report European Commission Set to Investigate Lloyd's Regulation
- A.M. Best Assigns AWAC an 'A+ (Superior)' Rating
- S&P Affirms SCOR Ratings, Off CreditWatch - Assigns Alea 'BBB' Rating
- Swiss Re, Gerling Complete Formation of Credit Insurance Group
December 19, 2001
- QBE Acquires Brazilian Insurer
- High Ratings for Allianz Debt by S&P, A.M. Best
- New Revelations on HIH Collapse
December 18, 2001
- Endurance Raises $1.2 Billion, Begins Operations
- AXA Lowers Earnings Expectations for 2001
- A.M. Best Affirms Lloyd's 'A-' Rating, Removes from Review
December 17, 2001
December 14, 2001
- S&P Affirms ING Group Ratings, Changes Outlook to Negative
- PartnerRe Estimates Net Loss Exposure to Enron at $34 Million
December 13, 2001
- Lloyd's Capacity for 2002 Tops $17 Billion, Largest Ever
- S&P, A.M. Best Affirm ACE Group Ratings
- IPC Holdings Raises $547 Million in Additional Capital
- S&P Affirms Cornhill Insurance 'AA-' Ratings
December 12, 2001
- Lloyd's Warns of Greater Exposures for Marine Underwriters
- Constantine Iordanou to Join Arch Capital
- U.K. Court Rules Against Asbestos Victims
December 11, 2001
December 10, 2001
- Everest Re Estimates Enron Losses at $25 Million
- Report AIG to Receive 4 New Licenses in China, Then 100% Ownership To End
- Swiss Re Completes Lincoln Re Acquisition
December 7, 2001
- A.M. Best Rates Arch Re 'A- (Excellent)'
- ACE Says Exposure to Enron Not Significant
- Report Compromise in EU, AIG Dispute Over China Branches
December 6, 2001
- Polish Gov't. May Impose New Limit on Eureko, PZU Deal
- Imagine Group Opens Dublin Office
- A.M. Best Rates AXIS Specialty 'A-' ( Excellent)
- XL Not Exposed to Enron's Commercial Paper
- ING To Restructure U.S. Operations
December 5, 2001
- ACE Off CreditWatch, S&P Affirms Most Operating Units as 'A-'
- Zurich Completes Deal with Deutsche Bank
December 4, 2001
- FSA Moves to Strengthen Enforcement of U.K. Insurance Regulations
- TSR Predicts Active Atlantic Hurricane Season
- Bermuda's Monetary Authority to Handle Insurance Regulation
December 3, 2001