International News
News for June 2004
June 30, 2004
- Fitch Issues Cautious Note on New Bermuda Insurers
- Willis Comments on K&R; Stresses Training and Techniques for Prevention and Protection
- Fitch Affirms PartnerRe Debt and Insurance Ratings
- Best Upgrades Travelers C&S Europe to 'A+'
June 29, 2004
- S&P Affirms AMP Subsidiary Ratings, Ups Outlook
- CII and Cass Launch "Insurance University"
- Aspen U.K. to Expand London Market Portfolio
June 28, 2004
- Chinese Insurers' Assets Top $126B
- Direct Insurers "On the Road to Recovery" Says New Swiss Re Sigma Study
- St. Paul Sells 6 Million Shares in Platinum
- SCOR Offers Convertible Bonds
June 25, 2004
- R&SA Sells Codan's Life Operations to SEB Trygg Liv
- Best Announces Ratings on 55 Canadian P/C Insurers
- Alea Names Ricciardelli CEO, Purkiss as Consultant
- Best Affirms Ocaso 'A+' Rating
June 24, 2004
- Willis to Acquire Irish Broker Coyle Hamilton
- Platinum Underwriters Holdings Appoints Fisher
- Eklund Resigns as RenRe Executive VP
- Moody's Reviewing AMP Ratings for Possible Upgrade
- ING Signs Global Contract with NetEconomy to Combat Money Laundering Activities
- FGIC Names Watson Managing Director-London Office
- MS/B Sale Complete; Will Continue to Remain Independently Operated
June 23, 2004
- Swiss Re Economic Review Remains Positive
- Canada's RSGC Acquires 49% Stake in London Broker
- Best Upgrades Rating of Aseguradora Mundial to 'A-'
- Zurich Global Energy Appoints Two Senior Executives
- Fitch Affirms Exporters' 'A' IFS Rating
- Report CIRC to Allow Insurers to Invest in Stocks
- S&P Assigns 'BBB' Rating to Bahrain Reinsurer
June 22, 2004
- Guy Carpenter Publishes Review of Lloyd's Market
- Former Reuters Team Announces New Security Briefing for Global Transport Industry
- AIG United Guaranty to Expand in EU, Asia
- Best Announces Rating Actions on AXA Corporate Solutions, AXA Re and Subsidiaries
- AXIS Specialty Europe to Offer Professional Lines
- Best Affirms African Re 'A-' Rating
June 21, 2004
June 18, 2004
- Executive Life Whistleblower Admits Role; Acted to Avenge Business Plot
- Best's Report Finds European Reinsurers' Financial Strength Stabilized
- S&P Assigns 'A' Rating to ACE New Zealand
- Best Assigns Ratings to Endurance Shelf Registration
June 17, 2004
- Lloyd's "Chest Hair" Policy Makes News
- SIAA Canada Adds New Broker
- S&P Affirms Endurance Specialty 'A-' Ratings; Rates $1.8 Billion Offering 'BBB,' to 'BB+'
June 16, 2004
- Best Downgrades GE Global Insurance Debt Ratings; Revises Outlook to Negative
- Converium Announces $100 Million Cat Bond Placement
- Endurance Files Universal Shelf Registration
June 15, 2004
- AIR Provides Modeling Support for Helix Catastrophe Bond Launched by Converium
- Geneva Ass'n., I.I.S. Announce New Research Program
- Lloyd's Inks IT Deal with Unisys
- S&P Assigns Rating to Mitsui Sumitomo (London)
- Association Files Countersignature Suit in Puerto Rico
- XL to Offer Primary D&O Coverage Across Europe
June 14, 2004
- Guy Carpenter, EQECAT Announce Probabilistic German Flood Risk Model
- S&P Affirms Allianz ART Ratings, CreditWatch Removed
- Best Withdraws Unum Japan's 'B++' Ratings
June 11, 2004
- MBIA Names Weeks to Head International Business
- Australian Farmers Support Compulsory Fire Levy
- FGIC Appoints Velins London Managing Director
- ACE Announces Planned Redemption of Subsidiary Trust Preferred Securities
June 10, 2004
- Sixth Defendant Involved in 'Executive Life Affair' Pleads Guilty to Deceiving Federal Regulators
- Lloyd's Reports Progress on Implementing LMP Slips
- AWAC Opens New York Branch
- S&P Affirms Allianz Canada 'BBB' Ratings; Raises Outlook to Stable
- AIG Concludes Building Pact with City of Seoul
- SCOR VIE Names Executive Committee
June 9, 2004
- Castek Notes Deal with Global Info Tech to Provide Services for Insure3 Suite of Products in China
- Climate Change Threats Increasing Says U.K.'s ABI
- Wellington to Acquire AXA's U.S. Specialty Lines
- Best Announces Rating Actions on Converium
- Casualty Actuarial Society Honors Guy Carpenter's Venter with Reinsurance Award
- Coface Acquires SCOR's Stake in Unistrat Insurance; To Start Russian Rating Service
June 8, 2004
- CSC and Zurich in Talks on Outsourcing Agreement
- S&P Affirms Zurich Specialties 'A' Rating; Off Watch
- XL Capital Appoints Hoy Sr. VP-Investor Relations
June 7, 2004
June 4, 2004
- Best Affirms Rating for Rembrandt Insurance Co.
- Fortis and ING Celebrate Louisiana Purchase 200th Anniversary Bond Transaction
- ACE Limited Appoints Ringsted Chief Actuary
- S&P Affirms Sistema Mapfre Group 'AA' ratings
- S&P Affirms Mapfre Re 'AA-' Ratings
- CII Announces Senior Appointments
- Arch Names Finelli Sr. VP - Global Property
June 3, 2004
- Reinsurers' Resolve to be Tested Says S&P Report
- Survey Selects Hannover Re as Best Overall Reinsurer in North America
- Best Affirms Everest Re Subs 'A+' Rating
- Swiss Re Announces Executive Board Changes
- S&P Ups Outlook, Affirms Allianz Australia Ratings
June 2, 2004
- RMS Expands Services for Hurricane Season
- General Re Receives License for China
- Montpelier Re Gives Share Repurchase Details
June 1, 2004
- $110 Million from Settlement in Credit Lyonnais Case Transferred to Calif. Commissioner's Office
- Paris Airport Collapse Insurance Recoveries Unclear
- Akzo's Nobilas to Acquire Aon's UK Auto Repair Unit
- S&P Affirms R&SA Puerto Rico 'BBB' Ratings
- Dominion of Canada Stops Writing Auto Policies in Newfoundland; Cites "Punitive Legislation"
- S&P Assigns 'BBB' Rating to Kuwait Re