International News
News for December 2005
December 30, 2005
- Allianz Moves Ahead with RAS Merger
- The Enstar Group Reports Acquisition of UK Insurance Company
- New Viennese Dogs Must be Insured
- S&P Rates Arch's Flatiron Re 'BBB-'
December 29, 2005
- Munich Re to Raise Dividend by 55% Despite Increases in 2005 Cat Losses
- Best Affirms Sompo's 'A+' Rating
- Best Affirms Dongbu's 'A-' Rating
- Best Affirms LG Insurance 'A-' Rating
December 28, 2005
- Munich Re Reports on Tsunami Loss Inspection Results
- Guy Carpenter Unveils 2005 Central, Eastern Europe Flood Report
- S&P Raises Ratings on Ming An
- Timmeny Retires from Quanta's Board
December 27, 2005
- London's Mayor Says "Disorganized" Terror Threats Persist
- Best Affirms Quanta Group's 'A-' Ratings; Outlook Negative
- Details of PXRE's Securitzation for "Second Event Protection"
- S&P Tells How It Rates Start-Ups
- Best Affirms Evergreen Re 'A-' Rating
December 23, 2005
- AXA to Acquire Remaining Shares of German Sub; Management Board Members Reappointed
- S&P Assigns Lloyd's Assessment Rating to Amlin's Syndicate 2001
- Best Affirms 'A-' Rating on Korea's Hyundai Marine & Fire
- CII to Run Conflict of Interest Seminars
- Best Assigns 'A-' Rating to Allianz Marine & Aviation
- Best Affirms Panama's Compania Internacional 'B++' Rating
December 22, 2005
- Best Affirms XL's 'A+' Ratings; Removes from Review; Outlook Stable
- Hiscox Warns on Coverage for iPods, MP3's; No Homeowner Coverage
- S&P Affirms Converium's Ratings; Off CreditWatch; Outlook Stable
- Insurers Warned about Bird Flu "Species Jump"
- S&P Affirms OIL's 'A-' Rating, Off CreditWatch; Outlook Stable
- Max Re Announces New Appointments in Property Treaty Reinsurance
- Best Affirms PXRE 'A-' Ratings; Off of Review; Outlook Negative
- S&P Raises U.K. Eccelesiastical Ins. To 'A-'; EIG-Ansvar to 'BBB+'
December 21, 2005
- Estimates in Swiss Re sigma Study Confirm 2005 as Costliest Ever
- IBC Picks Canada's 2005 "Top Ten" Insurance Crimes
- S&P Rates Endurance Sub TPIC 'A-'
- Vietnam Licenses AIG Sub
- Best Assigns 'A-' Ratings to Bermuda Start-Up Flagstone Re
- Best Affirms China Ins. (NZ) Ratings
December 20, 2005
- ABI Applauds Hong Kong Trade Agreement Compromise
- Lengthy Processing Time See for U.K. Oil Fire Claims
- Best Assigns 'A-' Ratings to Bermuda Start-up Lancashire
- India Regulator Supports Higher Limit for Foreign Insurance Investment
- Zurich Proposes Former SEC Chief Accountant as Board Member
- Best Affirms Syndicate 382 Ratings
December 19, 2005
- Bright Faces Trial for Fraud over Independent Collapse
- Converium Posts Delayed Results - $6.9 Million Q3 Loss
- Plumeri Responds to TRIA Extension
- Best Rates U.K.'s Hiscox, Lloyd's Syndicate, Bermuda Start-Up
- Best Affirms Beazley Group plc, Lloyd's Syndicates 623/2623 Ratings
- Best Rates Harbor Point Re 'A'
December 16, 2005
- Munich Re Study Cites Changes in Atlantic Hurricane Risk
- SCOR Acquires Alea's Renewal Rights to European P/C Treaties
- Best Affirms Amlin Plc, Lloyd's Syndicate 2001 Ratings
- Best Assigns Amlin's New Bermuda Company an 'A-' Rating
- Best Downgrades Egypt's Al Chark
- IPC Holdings Notes Retirement of Chairman, Other Board Changes
December 15, 2005
- ACE Ltd. Notes 2006 Guidance
- S&P Ups Willis Outlook to Positive; Affirms 'BBB-' Rating
- Fitch Comments on New Reinsurers
- Chubb Corp. Finalizes Sale of Bermuda Reinsurance Unit
December 14, 2005
- Swiss Re Reviews 2005, Takes Look Ahead at Upcoming Industry Year
- Converium Names Beale as CEO
- Guy Carpenter Releases 2005 England, Wales Liability Market Update
- Best Affirms FSR for Jupiter Insurance
December 13, 2005
- State Farm Says Refunds Coming to New Brunswick Policyholders
- Best Assigns FSR to Validus Re
- AXIS Capital Says CFO Leaving
December 12, 2005
- S&P Assigns ACE INA Insurance (ACE Canada) 'A' Rating
- Best Affirms FSR for Wing Lung
- AIR Worldwide, ISO Report Opening of Representative Office in Beijing
- Cash, Izard Eyed for Promotions with Endurance Following BDI Approval
December 10, 2005
- Nigerian Jetliner Crash Claims More than 100 Lives in Port Harcourt
- State Farm Refunding Ontario Policyholders Due to Application Error
- PartnerRe Reports Distribution on Capital Trust Preferred Securities
- IPC Holdings Notes Receipt of Notice of Intent to Cancel Underwriting Agency Deal as of Nov. 2007
- TRH Prices Senior Notes Offering
December 8, 2005
- Association of Bermuda Insurers Names Kading President
- XL Capital Notes that Underwriters Exercise Option to Purchase Additional Ordinary Shares
- Best Upgrades FSR for Peace Hills
- Best Affirms FSR for Imagine Co.
December 7, 2005
- Wellington Nets $138M from Sale of Aspen Shares
- ACE Sees Wilma Impact of $250M
- Zurich Announces Appointments in Global Division
- Best Affirms FSR for Montpelier
- New Report Outlines Answers for Challenges in Atlantic Provinces
December 6, 2005
- Aspen Updates Losses from Hurricanes Katrina, Rita and Wilma
- Report: Europe's Insurers Ignore IT Infrastructure Risks When Pricing
- Best Affirms FSR for EIG-Ansvar
- Registered Insurance Brokers of Ontario Accredits StoresOnline Internet Marketing Workshops
December 5, 2005
- Willis Acquires Swedish P/C Broker
- Everest Re to Raise $280 Million; S&P Affirms Ratings
- S&P Assigns 'BBB+' Rating to ING's Hong Kong P/C Operation
- A Hurricane in December? Epsilon Churns the Atlantic
December 2, 2005
- XL to Raise App. $2.8 Billion; Wilma Losses Estimated at $210 Net
- Best, S&P Assign Ratings to XL's Capital Increase Plan
- ING Comercial América Wins Mexican Appeal in Fertinal Claims Case
- Catlin Group Estimates Wilma Claims at $45 Million; Ups Katrina Loss
- Best Affirms Tokio Marine & Nichido Fire 'A++' Ratings
- Best Affirms Korean Re Ratings
- Best Affirms Qatar General Ratings
- Best Assigns Rating to Brit's Debt Issue
- Laker Appointed Assistant VP of ACORD in London
December 1, 2005
- Global Warming Could Lower Europe's Temperature; Raise Caribbean's
- PartnerRe Ups Hurricane Loss Estimates; Details Financial Plans
- Honda Civic Tops Canada's List of "Top Ten Stolen Vehicles;" None Had Anti-Theft Systems
- Chaucer Holdings Acquiring PXRE's Lloyd's Syndicate
- Best Places Kingsway, Subs Ratings under Review-Negative Implications
- Max Re Puts Wilma Loss at $40 Million
- Best Affirms Samsung Fire & Marine Ratings; Assigns ICR
