International News
News for October 2007
October 31, 2007
- Zurich Acquires German Warranty Insurer Real Garant
- RMS Launches UK Market Data Service
- EQECAT Study Warns of Quake Threat to Japanese Industries
- RenRe Q3 Net Off 47% at $133.4 Million; Conference Call Today, Details
- Marsh Study Finds UK Companies 'Dramatically Increasing Risk Reporting'
- Endurance to Publish Q3 Results Today; Conference Call Details
- AIG WorldSource ® Expands Middle East Medical Coverage
- Ratings Roundup: UNUM, Continental Re, Grupo Nacional, Seguros ING
October 30, 2007
- Tropical Storm Noel Lashes Caribbean
- Noel Threatens Bahamas, Not U.S.
- Munich Re Acquires UK's MSP Underwriting/Stake in Syndicate 318
- UK Broker Scrutton Bland Joins Willis Commercial Network
- Munich Re's 'Geo Data Service' Analyzes Nat Cat Impact
October 29, 2007
- Latest UN Environment Report Describes a 'Threatened Planet'
- Insurance Australia Group Lowers Fiscal Year 2008 Growth Targets
- Benfield Licenses EQECAT's Quake and Wind Models
- American Safety Expands Bermuda Alternative Risk Solutions
- Snapshot on Russia Insurance Issued by Research & Markets
- Catlin Names Burrows to Board
- Ratings Recap: Everest Re, Groupama, First Net, Novae, Hiscox, Amlin, Eurasia, Amlin (Bermuda), HSBC Re
- Bessis Joins Integro's London Office
October 26, 2007
- Earnings Recap: ACE, Arch, Everest Re, Montpelier Re, PartnerRe, Transatlantic Re, Willis
- Swiss Re Appoints Singh as New Chief Risk Officer
- Platinum Ups Share Buyback
- Ratings Recap: Labuan, Ansvar, MERITZ, Fairfax, Northbridge
October 25, 2007
- UK's Independent Insurance Execs Get Jail Terms for Fraud
- Willis Q3 Earnings Conference Call Today
- Arch to Report Q3 Results Today; Conference Call Details
- Montpelier Re Schedules Q3 Earnings Conference Call Today
October 24, 2007
October 23, 2007
- AIR Worldwide Releases New Typhoon Model for China
- Differential Pricing By Reinsurers May Prove Beneficial To Some, Says Report
- Reinsurance Business of Towers Perrin Announces New Hires
October 22, 2007
- PartnerRe Releases Q3 Results
- Aeschbacher Joins Endurance-Asia
- Max Capital Names Dicker to Dublin Agriculture Post
- Association Issues Guidance Papers on Solvency Assessment
October 21, 2007
October 19, 2007
- Lloyd's Welcomes N.Y.s Reinsurance Collateral Reform Proposal
- Chubb Approved to Form Wholly Owned Chinese Insurer
- Marsh's Matanle to Succeed Douetil as Lloyd's Reform Group Head
- 'Bancassurance is on the Rise' Says Swiss Re Sigma Study
- Arch Insurance Names Pimentel to Succeed Ansaldi as President
- Marsh Establishes Middle East Forensic Accounting, Claims Practice
- Ratings Recap: Northbridge, Fondiaria, MGIC, Trust International, First Capital, St.Paul/Travelers (UK)
October 18, 2007
- New Arctic 'Report Card' Shows Continued Warming
- Lloyd's Launches Recruitment Program
- Royal & SunAlliance Canada to Acquire Canadian Northern Shield Insurance
- AXA Corporate Solutions Head Calls for Premium Stabilization
- Zurich Picks Campbell to Succeed Landry as Canadian CEO
- S&P Lowers New Zealand's Geneva Finance Ratings to 'D'
- Aon Places $260 Million Japanese Quake Cat Bond
- NAIC Concludes Agreement with Egyptian Insurance Regulators
- Research and Markets Issues Malaysia 'Snapshot' Survey
- MMC Securities Now GC Securities
October 17, 2007
- Munich Re to Acquire Midland Co.
- Lord Levene Castigates U.S. Failure to Reform Reinsurance Collateral Regs
- ACE Bermuda International New Global Business Name; Lloyd's Box Opened
- Lloyd's: Electronic Claims Processing Advances; Too Slow Says Langley
- Benfield Licenses EQECAT'S U.S. Offshore Energy Model
- Ratings Recap: Max Capital, Kenya Re, Tunis Re, Gothaer, Chung Kuo
October 16, 2007
- Lloyd's, UK's Met Office Prepare for Repeat of 1987 Windstorm
- S&P Comments on Standardizing Global Insurance Accounting Rules
- Taiwan Insurer Approved by Chinese Regulator for Mainland Operations
- Marsh Expands UK Property Risk Team
October 15, 2007
- Risk Modeler Says Repeat of 1987 Windstorm Could Cost $14 Billion
- Rugby World Cup Highlights Role of 'Bonus Insurance'
- XL to Redeem Preferred Shares
October 12, 2007
- Gore, UN Climate Panel Share Nobel Peace Prize for Climate Change Work
- Hiscox Launches Combined War, Terrorism, Political Violence Cover
- Guy Carp Releases Impact Study on Australian Storm
- AIR Raises Typhoon Krosa Loss Estimates - $200 to $600 Million
- Sandler Named to Ironshore Board
- Ratings Recap: Ariel Re, Atrium, Malaysian Re, AMI, TM Asia, Bangkok Ins., Karlsruher
October 11, 2007
- RMS Says UK Government Flood Defense Funding Underestimates Risks
- AIR Estimates Typhoon Krosa Insured Losses in Taiwan Under $200 Million
- Liberty to Buy Brazil's Indiana Seguros
- AXA to Establish $142 Million Fund for Academic Research
- Flagstone Licensed in Dubai
- R&M Surveys UK Non-Life Market
- Aspen to Launch Global Excess Casualty Unit
- Daly to Head ACE's Paget Re
October 10, 2007
- Munich Re Changes Model in Push for More U.S. P/C Business
- Greenhouse Gas Emissions Already Exceed 'Worst-case' Scenario
- UK Insurers Assail Government Failure to Spend on Flood Defense
- Flagstone Re in 'Technical Underwriting Agreement' with Imperial Re
- R&M Adds Canada 'Snapshot'
- Ratings Recap: Misr/AlChark/Egypt Re, KAMP RE, Calliden, American Club, Groupama
October 9, 2007
LMA Head Stresses Need for Industry Talent- CII Calls UK Financial Services Qualifications 'Bewildering'
- 'Clear Reporting' = 'Excellent ERM,' Says S&P Article
- R&M Snapshot of Czech Republic
- Rating Recap: AVIVA
- Marsh UK Launches $425 Million London Market Property Facility
October 5, 2007
- Lloyd's CEO Wants Faster, Better Claims Handling; CII Responds
- ACE Europe Strengthens Environmental Liability Unit
- Marsh: UK Lawyers E&O Rates Drop
- Guy Carp Affiliates Change Name
- Ratings Recap: WuerttVers, Lloyd Adriatico/Allianz SpA
- Allstate Investment Unit Opens First Overseas Office in London
October 4, 2007
- Aon Appoints Wada as New 'Chief Diversity Officer' - Asia Pacific
- Best Affirms Catlin's Ratings; Outlook Now Stable; Company Comments
- Ratings Recap: Euler Hermes, Ascot, Tokio Marine Retakaful, Toa Re
- Verkaar Joins Guy Carp Benelux
October 3, 2007
- With Its Food Repuation Battered, China Showcases 3 Model Exporters
- China's Product Quality Chief Urges Grass Roots Level Improvements
- Willis AG Acquires Swiss Insurance Broker, Burkart Risk
- U.S. Risk Expands Brokerage Operations in Australia
October 2, 2007
October 1, 2007