International News
News for August 2005
August 31, 2005
- Lloyd's Statement on Hurricane Katrina
- Munich Re Preliminary Estimate of Insured Loss from Katrina at $15-$20B
- Swiss Re Estimates Potential Katrina Losses Could Reach $26 Billion
- JLT Backs Lloyd's Kinnect
- S&P Ups Secura Rating to 'A+'
August 30, 2005
- 2nd Paris Fire in 4 Days Kills 7
- Equitas to Pay $300 Million to Settle 6 Asbestos Claims
- SCOR Opens Indian Office
August 29, 2005
- AWAC Promotes D'Orazio to Senior VP, Global Mgr. - General Casualty Division
- Best Affirms Allianz Suisse Rating
August 26, 2005
- 17 Die in Paris Building Blaze
- Typhoon Mawar Batters Japan
- France to Publish Airline Blacklist
- S&P Raises Ratings on ING's Banking and Insurance Units
August 25, 2005
- Swiss Re Posts $1.074 Billion 1st Half Net; Premiums Written Fall 4%
- Swiss Re Names Aigrain to Succeed Coomber as CEO
- Allied World Announces Three Management Changes
- Typhoon Mawar Nears Japan
- Endurance Names Silverstein New Chief Investment Officer
August 24, 2005
August 23, 2005
- UPDATE : Peruvian Air Crash - 40 Dead, 50 Survive
- Extreme Weather Hits Europe
- China's Bank of Communications to Launch Mainland P/C Unit
- Pet Insurance Coming to Japan
- Best Affirms FSR for Kenya Reinsurance Corporation Ltd.
- ING Insurance, ING Novex Reimbursing Ontario Clients
August 22, 2005
- Allianz Sees Continued Growth in Central and Eastern Europe
- ABI Considering Changes in 'Critical Illness' Policy Wording
- Goerke Appointed to Zurich Group Management Board; Head of HR
August 20, 2005
August 19, 2005
- IAG Posts $571 Million Profit; Drop in 2nd Half Hits Shares; S&P Comments
- Marsh Sells 1.85 Million AXIS Shares
- Best Notes Zurich 1st Half Results
- S&P Rates Bahrain Nat'l. 'BBB+'
August 18, 2005
- Zurich 1st Half Net up 21% to $1.799 Billion; Farmers Profit Up
- Strait of Malacca to Retain 'War Risk' Zone Designation
- S&P Comments on Korean Insurance Industry Transparency Plan
- Best Affirms Gerling, U.S. Sub Ratings
- Tokio Marine to Implement Electronic Data Storage
August 17, 2005
- Coroner Says 5-Year-Old Boy Briefly Survived Greek Plane Crash; Died From Smoke Inhalation
- UPDATE: 160 Confirmed Dead in Venezuelan Air Crash
- QBE Reports Record $375 Million 1st Half Profit
- Eureko Reports 39% Net Income Gain for 1st 6 Months to $415 Million
- AIR Unveils Update of CATStation
August 16, 2005
- Venezuela Plane Crash Kills More than 150; Engine Trouble Reported
- Japanese Quake Injures Dozens
- Best Assigns FSR to Luen Fung Hang Insurance Co.
- Research and Markets Notes Competitor Profiles of Top UK Commercial General Insurers
August 15, 2005
- 'War Risk' Rating for Straits of Malacca Raises Shippers' Costs
- Good Night Irene - Not Quite Yet
- Best Affirms AXA Financial and Subsidiaries 'A+' Ratings
August 14, 2005
August 12, 2005
- S&P Affirms Willis 'BBB-' Ratings
- R&SA Reports Strong 1st Half
- Best Affirms AVIVA's 'A+' Ratings
- RMS to Open Bermuda Office
- CIRC Lifts Suspension of Willis China Office in Guangzhou
- Best Affirms W.R. Berkley (Europe) 'A', 'aa' Ratings
- S&P Affirms Allianz (Australia/NZ) Ratings; Revises Outlook to Positive
- Walker Resigns from AXIS' Board
August 11, 2005
- Aviva 1st Half Operating Profit up 21%; Sharman Replaces Gyllenhammar as Board Chairman
- Hannover Re Q2 Net Up 6%; $284 Million for 1st Half
- Texas Pacific, Thos. Lee to Sell App. 7.7 Million Endurance Shares
- Best Assigns HDI Sub 'A' Ratings
- Best Comments on Converium Ratings
- Best Assigns 'aa' Rating to Swiss Re Senior Notes
August 10, 2005
- Allianz Announces Q2 Results; Net Income Rises 65% to $1.72 Billion
- S&P Affirms Fairfax Ratings; Outlook Raised to Positive
- S&P Ups Lloyd Adriatico Ratings to 'AA-'
- JPMorgan Partners to Sell App. 7.8 Million Axis Captal Shares
- S&P Assigns 'BBB' Rating to Jordanian Insurer IGI
August 9, 2005
- Converium Posts $49.2 Million Pre-tax Q2 Net Income
- Allianz Cornhill CEO Warns Industry 'Cannot Afford to Ignore Climate Change'
- Best Affirms Sagicor 'A-' Rating
- S&P Assigns 'BBB' Rating to Australia's EIG-Ansvar Ltd.
- Best Affirms United Ins. 'A-' Rating
August 8, 2005
- Japan PM Loses Postal Reform Vote; Calls Snap Election
- Irene Becomes Ninth Named Storm
- S&P Ups NZ P/C Insurance Sector Credit Risk to 'Moderately Low'
- Norwich Union Increases Commercial Legal Expenses Coverage Limits
- S&P Puts Polish Reinsurer PTR on CreditWatch-Negative
- Milliman Notes Internet Seminar on Medical Underwriting Guidelines
August 5, 2005
August 4, 2005
- AIA Joins in Pursuit of Greater Access to India's Market
- British Parents Visiting Dangerous Road When it Comes to Travel Insurance
- Kingsway Sees 10% Gain in Q2
August 3, 2005
- Research and Markets: UK Insurers Cut Rates; Extra Capacity Enters Market
- American Safety Insurance Holdings Sees Jump in Q2 Numbers
- Endurance Specialty Holdings Names Vaughan to Board
August 2, 2005
August 1, 2005