International News
News for March 2008
March 31, 2008
- 2008 Aviation Outlook Unclear
- China's Ping An Aims to Raise Fortis Stake to 7%
- Aspen Starts New Lloyd's Syndicate
- ACE China Partner to Offer Pollution Coverage
March 28, 2008
- U.N. Climate Talks to Test U.S. Shifts
- Fitch Downgrades SCA; XL Comments
- S&P: Reinsurance Pricing Cycle at 'Critical Point'
- Ratings Roundup: Int'l. General, Arab Credit, Tower, Asian Re
March 27, 2008
- McCain Eyes Free Trade Deal with EU
- Lloyd's Appoints Janusz First Polish Rep
- Security Capital to Cut 60 Jobs
- Gallagher Completes Re Sale
- Best Affirms China International Re 'A-' Ratings
March 26, 2008
- Sarkozy, Brown Pledge New Era of Cooperation
- Singapore Air Again Grounds A380 for Fuel Pump Fault
- UK's Chartered Insurance Institute Joins Calls for Personal Injury Reform
- Ratings: Max Capital
March 25, 2008
- Brazil Official Says Doha Trade Talks Closer to Deal
- British Insurers Call for Government Action on Personal Injury Compensation
- UAE, Qatar to Set up $2 Billion Acquisition Fund
- Allied World Names Germano for Specialty Lines
March 24, 2008
- Bank of England Denies Plans for Mortgage Bailout
- Marsh Warns London Firms 'Under-prepared' for Terrorist Attack
- Ratings Roundup: Cologne Re (Dublin), Hannover Re (Bermuda)
March 21, 2008
- Caribbean Storm Waves Threaten Islands
- Willis Launches Network N2, for Community Brokers
- Aon Says Failures May Increase Premiums for Space Vehicles
- UK's Chartered Insurance Institute Warns of Industry Recruitment Shortfall
- Marsh Establishes Middle East FINPRO Practice
- Best Removes Swiss Re Ratings from Review; but Outlook is Negative
March 20, 2008
- Ping An Buys Half of Fortis Asset Arm
- SCOR Net Income up 62% to $633 Million
- ACE to 'Re-Domesticate' Cayman Incorporation to Switzerland
- ACE Launches DataGuard plus for UK Business
- Swiss Re Donates $99 Million to Red Cross
- Ratings Roundup: ACE (Japan), Inter Hannover, White Mountains
March 19, 2008
- NASA Report Finds Arctic Sea Ice Still 'Thin' Despite Cold Winter
- And Now – 'Nose' Insurance from Lloyd's
- AXA's $157 Million Research Fund Looks for Recipients
- Marsh Schedules Workshops on UK Corporate Manslaughter Act
- Greenlight Re Reports Q4, Full Year Results; Conference Call Today
- S&P Says Allianz SE Ratings 'Not Affected' by Dresdner Separation
March 18, 2008
- World Insurance Forum Opens in Dubai
- Willis CEO: 'Price is an Issue in the Absence of Value'
- Arch to Establish Gulf Re
- Willis Gets Saudi License
- Aspen Promotes Cusack, Houghton
March 17, 2008
- XL Chooses Ex-Safeco CEO McGavick to Replace O'Hara
- Harris to Become Montpelier Re CEO; Other Management Changes; S&P Reaction
- Fitch Report's on El Salvador Insurance
- Marsh Names Cooke to Head Global Market Relationship Management
- Ratings Recap: Queen Street, Tokio Marine (Guam)
March 14, 2008
- Allianz to Break Up Troubled Dresdner, Source Tells Reuters
- Greenhouse Funds Gloom Hangs over G20 Climate Talks
- Report Ping An in Final Talks on Fortis Stake
- EU Agrees to Enact Climate Package Within a Year
- Lloyd's on 'Cyber Risks'
- Allianz Estimates 'Emma' Claims Will Exceed $300 Million
- Ratings: Hannover Re, AXIS Capital
March 13, 2008
- Hannover Re Group Net Income up 42.6% to $1.144 Billion
- Association of British Insurers Responds to Budget Proposals
- S&P Report Examines Solvency II Impact on Europe's Insurers
- Zurich Covers Political Risk for Sri Lanka Hydropower Project
March 12, 2008
- 2007 Cat Losses Top $70 Billion Swiss Re sigma Study Finds
- New Sudan Insurance Company Sees Opportunity in Newfound Peace
- Coastlines at Risk from Increased Development
- Flagstone Re to Purchase 65% Stake in So. Africa's Imperial Re
- ACE Europe Launches Private Finance Initiative
- Montpelier Re Names Paquette CFO/Exec. VP
- S&P Raises Fairfax Financial's Rating Outlook to 'Watch Positive'
March 11, 2008
- UK Floods Not from Climate Change
- XL Insurance Names Glancy to New Position - Chief Underwriting Officer
- Calif. Pet Insurer Notes UK Growth
- Ratings Roundup: White Mountains, Delvag
March 10, 2008
- UK Treasury Launches Consultations to Modernize Lloyd's
- Fitch Issues Report on Impact of EU's Solvency 2; Teleconference Today
March 7, 2008
- AIR Estimates Emma Insured Losses at $1.15 to $2 Billion
- Aon Study Finds Aerospace Premiums Down by 11%
- Fortis Q4 Profits Down 50%
- Swiss Re Supports Indian Quake Safety
- Catlin 2007 Net up 4% to $543 Million
- CastlePoint to 'De-register' Unsold Securities
March 6, 2008
- China Vows New Product Safety Rules
- CNinsure Adds Two More Agencies
- Zurich Launches Global Industry Specialization Program
March 5, 2008
- Fitch Conference Call Today Analyzes Bermuda (Re)Insurance Market
- AXA UK Offers to Acquire SBJ Group
- Lloyd's Examines Third Party Liabilities from 'Space Junk'
- World Bank Approves New Catastrophe Loan Facility
- RMS Puts Emma Losses at $458 Million to $1.1 Billion
- Brown & Brown Inc. Launches London Wholesaler, Decus Insurance
- Willis to Consult on China's Three Gorges Dam Project
- Hiscox Warns UK Businesses on Increasing Employee Lawsuits
- Aspen Names Mason Deputy Head of Marine & Energy
March 4, 2008
- China to Work with WTO on Financial Info Case
- AIR Assesses Damages from European Windstorm Emma
- Hiscox 2007 Net up 18% to $471M
- Fitch Reports on Bermuda Insurance, Reinsurance Market
- CNinsure Acquires 60% Stake in Liaoning Gena
- Newman to Leave Platinum Board; Carmichael Named Non-Exec Chairman
- Ratings Roundup: Novae, PartnerRe S.A., Steamship Mutual
March 3, 2008