International News
News for October 2006
October 31, 2006
- Inaction on Climate Change Endangers World Economy, Warns British Report
- U.K. Report Examines 'Economics of Climate Change'
- Cooney Resigns as Max Re Chairman/CEO, as Company Reopens Finite Re Probe
- Best Issues Special Report on Canadian Auto Insurance Industry
- Best Comments on Ratings Effect of Catlin/Wellington Deal
- Fitch Puts Max Re on 'Rating Watch'
- AXIS Q3 Net Income $226.2 Million
- Quanta Gets New Credit Facility
- Liberty Int'l. Opens Dubai Office
October 30, 2006
- Catlin/Wellington Finalize Share Offer; Merger to Create Lloyd's Largest Underwriter
- Allianz Investment Unit to Buy U.K.'s John Laing for $1.8 Billion
- Aon Re Global Names Markey, Johnston to Bermuda Management Positions
- Best Issues Trust Fund Statement
- Arch Posts $185.5 Million Q3 Net Income
October 27, 2006
- Willis Posts $89 Million Q3 Net Income
- Montpelier Re Holdings Q3 Net Income $110 Million
- Endurance Speciality Reports $128.2 Million Q3 Net Income
October 26, 2006
- XL Posts $415.8 Million Q3 Net Income
- AIR Sees Possible $50 Billion European Windstorm Insured Losses
- Wellington and Catlin in Merger Talks
- S&P Sees No Rating Change in Canopius Acquisition of Creechurch
- Quanta Moves Ahead on Deal with Chaucer to Form Pembroke
- Hazen Resigns from Willis Board
October 25, 2006
- ACE Posts Record Q3 Net Income of $578 Million; Conference Call Today
- Guy Carpenter Launches 'STEALTH' E-Trading System for Latin America
- Aon to Handle Panama Canal Expansion Project Coverage
- Hiscox Prepares Move to Bermuda Holding Company
- Everest Re Posts $240.2 Million Q3 Operating Income
- Platinum Records $84.9 Million Q3 Net
- Fitch Rates XL Re Europe 'AA-'
- Best Rates Beazley Debt 'bbb-'
- Aon Re Intercedes with A.M. Best for Lloyd's Clients
October 24, 2006
- PartnerRe Q3, 9-Month Operating Earnings Show Big Gain; Conference Call Details
- RMS Licenses Cat Model to Lloyd's Beaufort Syndicate.
- UK Brokers Get E-Commerce Access to ACE European Mid-Level D&O
October 23, 2006
- Australia's Suncorp-Metway, Promina Group Sign Merger Agreement
- German Court Rejects Vioxx Claims
- Best Rates XL Re Europe 'A+'
- Equitas Liabilities 'Substantially Reduced' by NI Deal Says Best
- Willis Earnings Release Oct. 25; Conference Call Details
- R&M Issues Study on Indian Insurance Outsourcing
October 22, 2006
October 20, 2006
- Berkshire Hathaway's National Indemnity in Deal to Back then Acquire Lloyd's Equitas
- Best Puts Catlin 'Under Review;' Group Says 'Concerns are Unwarranted'
- S&P's Positive Reaction to Equitas/National Indemnity Deal
- S&P: Some Ratings 'Not Affected' by Italy Downgrade
- Best Affirms Qatar General Ratings
- Bico to Head Zurich's Portugal Operation
October 19, 2006
- Swiss Re Applauds WTC Appeal Ruling
- Lloyd's Head of Exposure Management Calls for 'Open Source' Models
- XL Establishes Dublin-Based Reinsurance Platform XL Re Europe
- S&P Rates XL Re Europe 'A+'
- AXA Investor Conference Today
- Fitch Puts Converium Ratings on Watch/Positive
- JLT Completes Sale of U.S. Retail Business to Alliant
October 18, 2006
- Converium to Sell No. American Operations to National Indemnity; S&P, A.M. Best Comment
- British Virgin Islands Broker Belmont Joins HLA Global
- Best Affirms West of England Ship Owners Club 'A-' Ratings
October 17, 2006
- Best Upgrades Ratings of ACE European Group
- BMS Names Johnston as Chairman
- XL Capital Reorganizes Business Units
- Arch Reinsurance Opens Zurich Branch
October 16, 2006
- Hollywood's Insurance Rules Frustrate Daredevil Actor Jackie Chan
- AXA Acquires Alpha Insurance from Greek Bank
- Andrews to Head XL Capital's Global Reinsurance Operations
October 11, 2006
October 10, 2006
- French Court Dismisses Suit by 1992 Airbus Crash Victims' Families
- Resource Constraints Hinder Risk Managers From Preparing For Catastrophes
October 6, 2006
- XL CEO Calls for 'Culture and Values' at Boston Conference
- Lloyd's CEO Gives CII Keynote Speech
- Castle Point Names Doyle President, CEO of Reinsurance; Dale to Head Management Unit
- Best Affirms East Africa Re Ratings
October 5, 2006
- Lloyd's Updating Rules for 'Names'
- Catlin's CEO Assesses 'Benign' Hurricane Season
- Beazley to Raise $383 Million
- Best Affirms Turkey's Milli Re 'B+' Rating; Revises Outlook to Positive
- Best Affirms, Withdraws Rating of Rutland Insurance Limited
October 4, 2006
- FSA Head Warns U.K. Brokers on Commission Disclosure
- Swiss Re Appoints Ferguson Financial Services Head, Executive Committee
- Greetham Joins AXIS Board
- Fletcher Joins White Mountains Re
- AIG Buys Arch Ocean Marine Business
- EQECAT Upgrades German Flood Model
October 3, 2006
October 2, 2006
October 1, 2006