International News
News for July 2002
July 31, 2002
- No Fraud Found in Lloyd's Recruitment of Investors
- AXIS Specialty Notes Quarterly Results
- SSQ General Selects Sherwood Solutions
July 30, 2002
- Herbert Clough Inc. Changes Name to Gen Re Intermediaries
- A.M. Best Affirms Ratings of Wawanesa Mutual and Subsidiary
- Negative Rating Outlook Assigned to Monoline Reinsurers
- Insurers List Top Restructuring Strategies
- Offices of German Insurers Raided by Government
July 29, 2002
- GE Frankona Re Establishes New London Aviation Unit
- London's Joint Hull Committee Drafts Clause Revisions
- Caisse Centrale de Reassurance Affirmed at 'AAA'
July 26, 2002
- Global Aerospace to Offer Insurance for Eclipse 500 Jet Owners
- IPC Holdings CEO, CFO to Voluntarily Comply with New SEC Requirements
- Rating on Cosmic Corp. Lowered to 'Bpi'
July 25, 2002
July 24, 2002
- Fitch Lowers Attorneys' Liability Assurance Society
- RenaissanceRe Reports Gains in 2ndQ Net Operating Income
- Everest Re's Drop in 2ndQ Net Income Due to WorldCom
- Great Britain to Expand 'Pool Re' Scheme
July 23, 2002
- Supt. of Financial Services Takes Control of Markham General Co.
- Allied World Assurance Reports $26.2M in Net Income for 2ndQ
- Michael Butt to Resign from XL Capital Board
July 22, 2002
- Lloyd's Unveils Agenda for Reform
- Sirius Announces New Contracts, Confirms Strong First Half Performance
July 19, 2002
- A.M. Best Assigns Rating to Trust International Co. E.C.
- FINEOS Releases New Claims Management System for P/C Sector
- Partner Re Responds to Requests, Affirms $400M WTC Loss Estimate
- XL Adding $200M to WTC Reserves; Records Added 2ndQ Loss
- Swiss Re Receives $255 Million in Catastrophe Protection
July 18, 2002
July 17, 2002
- Reform Plan in the Works for Lloyd's
- Allied World Assurance Holdings, Ltd. Purchases Pair of U.S. Companies
July 16, 2002
- Standard and Poor's Withdraws Gulf Co. U.K. Ltd. 'AA-' Ratings
- Ontario Approves Kingsway's Private Passenger Rate Hikes
- Suit Charges MRM with Securities Law Violations
- Scor Won't Increase WTC, U.S. Claims Reserves
- PartnerRe Names Walker to Head of Catastrophe
July 15, 2002
- A.M. Best Affirms Rating of Subsidiaries of Alea Group
- CNA Announces Deal on Sale of London Reinsurance Company
July 12, 2002
- Claims Direct Calls in the Administrators, Shares Suspended
- Swiss Re to Host Conference on Greenhouse Gas Emissions
- Munich Re Strengthens Reserves, Confirms Positive Outlook
- S&P, A.M. Best, Stock Markets React to Munich Re Announcement
- Groupama to Purchase Aviva's Spanish P/C Unit for
July 11, 2002
- IIC Votes to Dissolve - Mission Accomplished
- St. Paul Delays Platinum IPO
- ACE CEO Announces Voluntary Compliance with New SEC Rules
July 10, 2002
- U.S. Lawyer Urges Global Definition of Terrorism
- India's WNS Acquires U.K. Claims Management Service Co.
- James H. Veghte to Head XL Re
July 9, 2002
- Scottish Judge Rules Out "Fast Track" for Asbestos Victims
- Money Laundering Report Cites Successes, Extra Work
July 5, 2002
July 4, 2002
- National Indemnity Commits $72 Million to Lloyd's Euclidian
- National Indemnity Commits $72 Million to Lloyd's Euclidian
July 2, 2002
- DnB Drops Bid for Storebrand
- CGNU R.I.P. - Welcome Aviva
- Trenwick Begins Arbitration with Swiss Re in $55 Million Dispute
July 1, 2002