International News
News for December 2006
December 29, 2006
- Munich Re Warns Insurers Against Nat Cat 'Complacency'
- Lloyd's Comments on 'Quiet' 2006 Hurricane Season
- Best Notes Change in 'B++' - 'B+' Rating Definitions
- Best Rates Paris Re Sidecar
- S&P Withdraws Nissay Dowa Ratings
December 28, 2006
December 27, 2006
- China Life IPO Expected to Raise up to $3.6 Billion
- SCOR Comments on Atlas Cat Bond
- ACE Names Hidalgo to Head Argentina, Chile Operations
December 26, 2006
- S&P Upgrades Munich Re's Ratings to 'AA-' on Strong Results
- Best Affirms Allianz SE & Subsidiaries 'A+' Ratings
- U.S. Movie Studios Win Copyright Case in China Court
- Zurich Acquires Spanish Surety Group
- Best Affirms Lloyd's Adriatico 'A+' Ratings
- Best Affirms PartnerRe (France) Ratings
- White Mountains Re Completes Mutual Service Casualty Acquisition
- AXA Completes Winterthur Acquisition
- AXA Completes Transfer to Paris Re
- Aspen Accelerates Repurchase of Goldman Sachs Shares
December 22, 2006
- Munich Re Places $190 Million Calif. Quake Cat Bond for Zurich
- Research and Markets Publishes Global Industry Guide
- Best Places Cattolica, Mapfre Ratings Under Review/Negative
- Best Affirms Harbor Point Re 'A' Ratings
- Best Upgrades EIO, Ansvar Ratings
- XL Appoints Three Senior Managers
- Best Affirms Amlin (Bermuda) Ratings
- Best Affirms Amlin's Lloyd's Syndicate 2001 'A', 'a+' Ratings
- Best Rates Atlas Re Debt 'bb+'
- S&P Raises Czech Insurer's Ratings
December 21, 2006
- Best Affirms Zurich's 'A' Ratings
- HRH Buying UK's Glencairn Group
- RMS Launches India Quake Model
- Best Affirms Co-operators General, Subs Ratings; Raises Sovereign General Ratings
- Best Assigns Empyrean Re 'A-' Rating
- Best Rates Flagstone Re Suisse
December 20, 2006
- 2006 Catastrophes Cost World's Insurers $15 Billion, Lightest Hit in Years, Swiss Re Estimates
- Lloyd's Insures Famous Santa's Beard
- Catlin Opens New Underwriting Floor
- S&P Lowers Transatlantic Re's Outlook
- Best Keeps Catlin's Ratings on Review
- S&P Revises B.E.S.T. Re Outlook to Positive; Affirms 'BBB' Ratings
December 19, 2006
- Willis Review Finds Energy Insurance Buyers Seek Alternatives
- Catlin/Wellington Deal Moves Ahead; Share Offer Now 'Unconditional'
- Zurich Buys Rest of Endsleigh Shares
- Best Lowers Ireland's Primary Ins. Co. Ratings to 'B'; 'bb+'
- Best Affirms NZ's China Ins. Ratings
- S&P Assigns 'A' Rating to Mitsui (HK)
- Best Lowers India's GIC Ratings
- Best Lowers New India Ratings
- S&P Sees No Affect on Mapfre Sistema Ratings from Italian Auto Deal
- Beazley Bolsters Political Risk Team
- ACE to Sell 1.15 Million Assured Guaranty Shares to Banc of America
December 18, 2006
- S&P's 2006 Report on European Insurance Highlights a "Good Year"
- ACE Details Brandywine Loss Reserves
- Best Affirms Montpelier Re 'A-' Ratings; Raises Outlook to 'Stable'
- Best Affirms Flagstone Re 'A-' Ratings
- S&P Keeps Converium's Ratings on CreditWatch/Positive
- Best Affirms Arab Re 'B+'; 'bbb-' Ratings; Off Review, Outlook Stable
- ACE Names Managers in Asia Pacific, Latin America Regions
- Best Places Mapfre Unit on Review/Negative
- Best Rates Ukraine's Lemma 'B+'; 'bbb-'
December 15, 2006
- S&P Foresees More Europe M&A's; Teleconference Today-Details
- Lloyd's Stresses Commitment to Goals of Three-year Plan
- Catlin to Establish Offices in Paris, Barcelona, Zurich and Innsbruck
- Max Re to Establish US E&S Unit
- Best Takes Various Rating Actions on QBE, Hannover Re and Praetorian
- Best Affirms Colonial Group Ratings
- Best Says Norton Re Deal Won't Affect Brit's Ratings
- Best Assigns 'C++', 'b+' Ratings to Russia's Transsiberian Re
December 14, 2006
- Swiss Re Releases New sigma Study on Securitization
- Equitas Sets Consultations with Names
- Converium's North American Sale to National Indemnity Completed
- Best Affirms Guardian General Ratings
- Fitch Rates RenRe's Preferred Share Issue 'BBB'/Stable
- Best Assigns 'bbb' Rating to XL's Stoneheath Re Sidecar
- Best Rates Glacier Insurance 'A-'
December 13, 2006
- QBE to Acquire Hannover Re's US Praetorian Subsidiary
- Vietnam, Business Leaders Hail Historic U.S. Free Trade Vote
- Best Upgrades Arch Re to 'A'
- Best Upgrades Arch (Europe)
- Quanta Names Bridges to Replace Ramsey as Director
- RenRe to Sell Preferred Shares
- Hiscox Completes Bermuda Move
- Trident II to Sell 3 Million AXIS Shares
December 12, 2006
- NCAR Study Foresees No Summer Arctic Ice by 2040
- New Report from Benfield Sees Lloyd's 'Venturing Forward'
- Best Affirms RenRe Ltd., Europe FSR Ratings; Raises Debt Ratings to 'a+'; Outlook Positive
- Best Affirms Endurance Ratings; Raises Outlook to Positive
- Swiss Re Buys 26% Stake in Indian Health Care Provider
December 11, 2006
- TSR Predicts Active 2007 Atlantic Hurricane Season
- Hannover Re Launches "Sharia-compliant" Reinsurance Sub
- Fairfax Completes Odyssey Re 9 Million Share Sale
- Assured Guaranty Agrees to Buy Back Shares from ACE
December 8, 2006
- Tornado Hits London
- Best Affirms Beazley's Lloyd's Syndicate 2623 & 623 Ratings
- AXIS Names Large to Board; Renews Share Buy-Back; Ups Dividend 10%
December 7, 2006
- Lloyd's Publishes Advice on 'Managing the Cycle'
- Catlin Bermuda Launches 'Nuclear-Chem-Bio' Terror Coverage
- ACE Europe Warns UK Business on Environmental Liability
- Marsh Names South UK CEO
- HKMB to Acquire Toronto/Vancouver Offices of Morris & Mackenzie
- Aspen Concludes Innovative Default Swap with Deutsche Bank
- ACE Gives Earnings Guidance
- Best Rates Asia Capital Re 'A-'
- Best Affirms National Grid 'A' Rating
- XL Specialty Launches New Commercial Marine Coverage
December 6, 2006
- IAG Buying UK's Equity Insurance Group for $1.12 Billion
- Guy Carpenter Issues Report on Impact of Typhoon Saomai
- Swiss Re's Economic Forum Focuses on Emerging Markets, Industry Outlook
- Fitch Upgrades Arch Debt, IFS Ratings
- Best Affirms IPCRe 'A' Ratings
- UK's Oxygen Creates D&O Team
- Best Affirms Colonial Group Ratings
