International News for October 2006

• U.K. Report Examines ‘Economics of Climate Change’
• Best Comments on Ratings Effect of Catlin/Wellington Deal
• Quanta Gets New Credit Facility
• Best Issues Special Report on Canadian Auto Insurance Industry
• Cooney Resigns as Max Re Chairman/CEO, as Company Reopens Finite Re Probe
• Fitch Puts Max Re on ‘Rating Watch’
• Liberty Int’l. Opens Dubai Office
• Inaction on Climate Change Endangers World Economy, Warns British Report
• AXIS Q3 Net Income $226.2 Million
• 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
• Best Issues Trust Fund Statement
• Aon Re Global Names Markey, Johnston to Bermuda Management Positions
• Arch Posts $185.5 Million Q3 Net Income
• Willis Posts $89 Million Q3 Net Income
• Montpelier Re Holdings Q3 Net Income $110 Million
• Endurance Speciality Reports $128.2 Million Q3 Net Income
• AIR Sees Possible $50 Billion European Windstorm Insured Losses
• XL Posts $415.8 Million Q3 Net Income
• Hazen Resigns from Willis Board
• Quanta Moves Ahead on Deal with Chaucer to Form Pembroke
• Wellington and Catlin in Merger Talks
• S&P Sees No Rating Change in Canopius Acquisition of Creechurch
• ACE Posts Record Q3 Net Income of $578 Million; Conference Call Today
• Aon Re Intercedes with A.M. Best for Lloyd’s Clients
• Fitch Rates XL Re Europe ‘AA-’
• Best Rates Beazley Debt ‘bbb-’
• Aon to Handle Panama Canal Expansion Project Coverage
• Guy Carpenter Launches ‘STEALTH’ E-Trading System for Latin America
• Everest Re Posts $240.2 Million Q3 Operating Income
• Platinum Records $84.9 Million Q3 Net
• Hiscox Prepares Move to Bermuda Holding Company
• UK Brokers Get E-Commerce Access to ACE European Mid-Level D&O
• PartnerRe Q3, 9-Month Operating Earnings Show Big Gain; Conference Call Details
• RMS Licenses Cat Model to Lloyd’s Beaufort Syndicate.
• Australia’s Suncorp-Metway, Promina Group Sign Merger Agreement
• Willis Earnings Release Oct. 25; Conference Call Details
• Equitas Liabilities ‘Substantially Reduced’ by NI Deal Says Best
• Best Rates XL Re Europe ‘A+’
• R&M Issues Study on Indian Insurance Outsourcing
• German Court Rejects Vioxx Claims
• Japan’s Courts Recognizing Intellectual Property Right of Employees
• S&P: Some Ratings ‘Not Affected’ by Italy Downgrade
• Bico to Head Zurich’s Portugal Operation
• Best Puts Catlin ‘Under Review;’ Group Says ‘Concerns are Unwarranted’
• Best Affirms Qatar General Ratings
• Berkshire Hathaway’s National Indemnity in Deal to Back then Acquire Lloyd’s Equitas
• S&P’s Positive Reaction to Equitas/National Indemnity Deal
• AXA Investor Conference Today
• Fitch Puts Converium Ratings on Watch/Positive
• S&P Rates XL Re Europe ‘A+’
• XL Establishes Dublin-Based Reinsurance Platform XL Re Europe
• JLT Completes Sale of U.S. Retail Business to Alliant
• Lloyd’s Head of Exposure Management Calls for ‘Open Source’ Models
• Swiss Re Applauds WTC Appeal Ruling
• Best Affirms West of England Ship Owners Club ‘A-’ Ratings
• Converium to Sell No. American Operations to National Indemnity; S&P, A.M. Best Comment
• British Virgin Islands Broker Belmont Joins HLA Global
• Best Upgrades Ratings of ACE European Group
• Arch Reinsurance Opens Zurich Branch
• BMS Names Johnston as Chairman
• XL Capital Reorganizes Business Units
• AXA Acquires Alpha Insurance from Greek Bank
• Hollywood’s Insurance Rules Frustrate Daredevil Actor Jackie Chan
• Andrews to Head XL Capital’s Global Reinsurance Operations
• Companies Count the Cost of Kidnapping in Nigeria
• French Court Dismisses Suit by 1992 Airbus Crash Victims’ Families
• Resource Constraints Hinder Risk Managers From Preparing For Catastrophes
• XL CEO Calls for ‘Culture and Values’ at Boston Conference
• Castle Point Names Doyle President, CEO of Reinsurance; Dale to Head Management Unit
• Best Affirms East Africa Re Ratings
• Lloyd’s CEO Gives CII Keynote Speech
• Beazley to Raise $383 Million
• Best Affirms Turkey’s Milli Re ‘B+’ Rating; Revises Outlook to Positive
• Lloyd’s Updating Rules for ‘Names’
• Catlin’s CEO Assesses ‘Benign’ Hurricane Season
• Best Affirms, Withdraws Rating of Rutland Insurance Limited
• FSA Head Warns U.K. Brokers on Commission Disclosure
• Fletcher Joins White Mountains Re
• AIG Buys Arch Ocean Marine Business
• Greetham Joins AXIS Board
• Swiss Re Appoints Ferguson Financial Services Head, Executive Committee
• EQECAT Upgrades German Flood Model
• French Protesters Urge Nationwide Anti-Asbestos Lawsuit
• Catlin Enters $200 Million Cat Swap
• Transatlantic Re Elects Officers
• Britain’s Royal & Sun Alliance Sells U.S. Business to Management

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