International News
News for July 2009
July 31, 2009
- Fairfax Sees Insurance Market Turning Corner in '09
- AIG to Combine Consumer Finance Operations in Poland
July 30, 2009
- Lloyd's Report Warns of Corporate Fears of 'External Risks'
- CCRIF Assists AOSIS Climate Change Negotiating Strategy Preparation
- RenaissanceRe Posts $271 Million Q2 Net Income; $368 Million 6 Months
- Endurance Q2 Net Income Rises to $149 Million; 1H to $227 Million
- Montpelier Re Reports $159 million Q2 Net Income; $211 Million 1H
- Validus Appoints 2 Executives for Reinsurance Business
- Cracknell to Head Aon Marine UK
- Ratings Recap: Int'l. General, SALAMA
July 29, 2009
- U.S. and China Sign Memorandum on Climate Change
- Pilots Report Problem with Air France Plane's Speed Sensors
- XL's Book Value Increased in Q2, Despite Profit Decline
- Torus Names Anand Global COO
July 28, 2009
- ACE Q2 Net Drops, But Beats Analysts Expectations
- PartnerRe Reports Q2, 1H Results
- OdysseyRe Appoints Morvan New Chief Agent for Canada
July 27, 2009
- UK Insurance Industry Working Group Releases Report on Challenges
- IPC Sale to Validus Includes 'Storm-proof' Agreement
- Ratings Roundup: Central Re, Amedex, Arab Orient
July 24, 2009
- British Insurers State Position on Nat'l. Pandemic Flu Service and Travel
- Arch Capital Reports Q2 Results
- Lloyd's Opens Office in Dublin
July 23, 2009
- Canada's Insurers Respond Quickly to Wildfire Crisis
- Willis Appointed Broker for Hong Kong's 'Largest-Ever' Rail Project
- Platinum Reports Q2 Financial Results
- SCOR Acquires XL Life America
- Max Specialty Admitted in Puerto Rico
- S&P Affirms Ratings, Revises Outlook on Fortis, after Amlin Acquisition
July 22, 2009
- Int'l. Chamber of Commerce Lauds Recent G8 Steps on Climate Change
- Report Finds People the 'Weak Link' in Cybersecurity
- Validus Opens European Office
- UK's Miller Launches Facultative Reinsurance Capability in Singapore
- Ratings Roundup: Allianz (UK), Delvag, Glacier Re
July 21, 2009
- Asia-Pacific Nations Decry First-world Protectionist Policies
- Energy Construction Market Reaches 'Tipping Point' Says Marsh
- Best Affirms Munich Re, Subs 'A+' Ratings; Outlook Stable
- Best Affirms Hannover Re's Ratings; Revises Outlook to 'Stable'
- Torus Re Names Mardon President/Chief Underwriting Officer
- S&P Lowers Ratings on 6 Cat Bonds; Puts 4 on CreditWatch/Negative
July 20, 2009
- Insurance Broker Willis Targeted in Second Suit Over Stanford Bank
- Marsh Issues Business Risk, Insurance Advice for Overseas Travelers
- AIG Sells Mexican Consumer Finance Operations
- ABI Faults UK Gov't. on Travel Tax
- Marsh Study: UK Real Estate Firms Must Manage Risk More Effectively
- Early, Dryden Join UK Broker Miller's Facultative Re Unit
July 17, 2009
- Jakarta Hotel Bombs Kill 9, wound 42
- U.S. Unveils 'Spy Images' of Arctic Ice in Rare Move Linked to Climate Change
- British Insurers' Report Denounces Widespread Insurance Fraud
July 16, 2009
- Source Says Prudential in Talks with AIG to Buy Japanese Life Units
- AIR Analyzes New Zealand Quake; Tsunami Warning
- Willis Increases Equity Stake to 49% in Malaysian Business
- Best Affirms Allied World and Operating Affiliates 'A' Ratings
- Ratings: Ocaso, HSB Engineering, Accident & General, Consumer Services, Royal Bank of Canada
July 15, 2009
- Best Affirms Omega Specialty, Lloyd's Syndicate 958 Ratings
- Ramey, Zeller Join AXIS Board
- S&P Affirms/Withdraws Some Swiss Re Operating Company Ratings
July 14, 2009
- WTO Chief Sees Trade War Risks from 'Protectionist' Economic Barriers
- Tread Carefully with Biosynth Technology, Warns Lloyd's Report
- Best Affirms Lloyd's 'A' Ratings
- Cooper Joins Marsh UK Real Estate Practice
July 13, 2009
- ICC Hopes for Action on G8 Pledge to Conclude Doha Trade Negotiations
- France Sees Global 'Airline Blacklist' Ready Soon
- AIR Analyzes China Quake
- Hannover Re's Diversity Plan Set to Boost Shares; Weather Worries
- Aon Benfield Launch 'CapTivate' as Integral Solution for Energi Holdings
- ACE Bermuda Launches New Primary Warranty & Indemnity Solution
- S&P Raises Validus Outlook to 'Positive;' IPC Outlook Stays Negative
- Guy Carp Names McKeown CEO - Global Analytical and Specialty
- Argo Appoints 3 Executives
- Hiscox Bermuda Adds Two Healthcare Liability Underwriters
- Ratings Roundup: Arch Capital, American Safety, Parkton Re
- Best Withdraws 'Public Data' Ratings on UK Insurance Companies
July 10, 2009
- G8 Makes Scant Progress to Copenhagen Climate Pact
- Validus to Buy IPCRe
- Marsh Finds UK Firms lacking Knowledge of Overseas Risks
- Zwiener Joins PartnerRe Board
July 9, 2009
- G8 Eyes Climate as Summit Includes Emerging Powers
- Lloyd's Warns Pandemics Continue to Pose a Threat to Companies
- Catlin Strengthens London Aviation Team
July 8, 2009
- Lloyd's Chairman, Lord Levene, Addresses NATO Meeting
- El Nino Weather Pattern Increasing Says Australian Weather Bureau
- Catlin Names Haas Chief European Underwriter
- Ratings Recap: Argus, Leadway, Scandinavia
July 7, 2009
- Catlin UK Acquires Renewal Rights from Bennett Underwriting Agencies
- S&P Changes Outlook on PartnerRe's Ratings to Negative
- S&P, Best See Positive Outlook for PARIS RE Deal with PartnerRe
- Marsh Appoints Nicholson as UK Risk and Governance Director
July 6, 2009
- Stanford Mexican Clients Sue Willis
- Stanford Financial Clients Sue Insurance Broker Willis
- Geneva Association Issues Report on Insurance Industry & Climate Change
- Jackson Concert Cancellations: Many Unknowns, Much Speculation
- PartnerRe To Acquire PARIS RE; Best Sees no Rating Change
- Validus Reiterates Offer for IPC after Rival Bid by Flagstone Re
July 2, 2009
- Flagstone Re Makes Offer for IPC Re
- Financial Failure Tops Supply Chain Risks Says Aon UK
- Keeling Named Guy Carp President, CEO - International Operations
- Brown Named CEO of Aon Limited
- Ratings Roundup: Pacific Indemnity (Guam), Secura, Fuji Fire
July 1, 2009