International News
News for October 2009
October 30, 2009
- AIR Tracking Typhoon Mirinae; Could Hit Northern Philippines Today
- Bermuda Monetary Authority Reviews UK's Offshore Financial Center Report
- Endurance Reports $153.8 Million Q3 Net Income; Conference Call Today
- Fairfax Q3 Profits up 20%
- Guernsey Welcomes 'Foot Review'
- Best Affirms Hiscox Operating Companies 'A' Ratings; Outlook Stable
- Curtis Named Marsh UK COO
- Best Affirms Lloyd's Syndicate 33 'A' Ratings (Hiscox)
October 29, 2009
- XL Cuts Q3 Net Income Loss to $11.4 Million; $246 Million 9-Month Profit
- Everest Re Q3 Net Income $228.6 Million; Conference Call Today
- Aspen Q3 Net Income of $144.7 Million; Net ROE 22%; Conf. Call Today
- RenRe Posts $258.6 Million Q3 Net Income; Operating $242.2 Million
- AXA Sees Better Market Conditions, Despite Decrease in 9-Month Sales
- Increase in IPOs Causing Surge for D&O Coverage Says Marsh
- Best Affirms Lloyd's Syndicate 2010 'A' Ratings (Cathedral Capital)
October 28, 2009
- Aon Offers Insurance for Pandemic Building Closures
- ACE Limited Posts $494 Million Q3 Net; Conference Call Today
- Best Assigns 'A' Ratings to Lloyd's Syndicates 3623, 3622 (Beazley)
- Marsh Names Markey to Head UK Affinity Business
- Ratings Roundup: Misr, Kenya Re, Alliance, Aurigen
October 27, 2009
- Aon K&R Head Repeats Call to Update Piracy Protection Policies
- Willis Reports Q3 Results; Fees, Commissions up 28%; Conf. Call Today
- EU Official Says US 'Serious' about Getting Doha Round Trade Deal
- PartnerRe Rebounds; Posts $566.7 Million Q3 Net; $1.2 Billion 9 Months
- Arch Capital Reports Substantial Rise in Q3, 9-Month Net Income
- German Research Institution Joins Willis Nat Cat Research Network
- S&P Takes Rating Actions on ING Following Restructuring Plan
- Best Affirms Allianz Global Corporate and Specialty 'A+' Ratings
October 26, 2009
- Puerto Rico Refinery Fire Extinguished; Burned for two Days
- ING to Split Banking and Insurance Operations under EU Pressure
- Lloyd's Notes Success of Regional Catastrophe Pools, CCRIF
October 23, 2009
- Explosion and Fire Rip Through Puerto Rico Oil Facility
- New Met Office Map Details Consequences of Rising Temperatures
- WTO Head Says Doha Round Agreement May Be 'Out of Reach'
- Lloyd's Jubilee Appoints Woods Marketing & Development Manager
October 22, 2009
- Ironshore Expands Property Division at Lloyd's, Bermuda
- Marsh Launches Private Company D&O Liability Diagnostic Tool
- UAE Health Insurer Daman and Munich Re Extend Strategic Partnership
- Willis Appoints Margrett COO - Global Captive Practice
- Mullan Appointed CEO of Max Capital's Lloyd's Syndicates
- Best Affirms Flagstone Re's Ratings
October 21, 2009
- Typhoon Lupit on Course to Hit Philippines; Rick Continues to Weaken
- Marsh Holds 'Mock Trial' to Highlight Corporate Manslaughter Act Risks
- S&P 'Refining and Adapting' Insurers ERM 'Adequate' Assessments
- Ratings Roundup: Sul America, Afianzadora
- Coleman, Todd to Lead New Ironshore Property Businesses
October 20, 2009
- Tropical Storm Rick Weakens as it Approaches Baja California
- Climate Talks Now 'in the Balance,' But Some Hints of Progress
- Brazil Plans Doha Trade Meeting in late November
October 19, 2009
- UK PM Says Leaders Must Intervene to Achieve Climate Change Deal
- Third Typhoon Threatens Philippines
- Bermuda Signs Tax Deal w/ Mexico
- Berkley Insurance (Europe) Names Esteban to Head Spanish Branch
- Ratings Recap: AXIS, Groupama (notes), Newport Bonding
October 16, 2009
- Manulife Buys Pottruff & Smith; Now Canada's No. 2 Travel Insurer
- What 'Plan B' for Copenhagen Climate Change Conference Might Look Like
- Best Affirms Ratings for Northbridge (Fairfax) Operating Companies
- Box Joins Marsh UK Board
October 15, 2009
- Catlin Survey Predicts Arctic Ocean Ice Free Summers within 10 Years
- Marsh: UK Communication, Tech Firms Continue to Secure 'Price Reductions'
- Willis Names Powell CEO - Latin America, Willis Facultative
- Ratings Recap: AMI, HDI-Gerling
October 14, 2009
- Climate Talks May Go to Last Minute
- Tropical Storm Patricia Nears Mexico
- Willis Re in Global Reorganization
- ACE Names Talbott Executive Vice President - International Property
- Aon Expands UK-based Renewable Energy Practice
- ACE Supports Czech Children's Charity
October 13, 2009
- US Needs 'Better Offers' on Services from Doha Round Says Trade Rep
- AIG Sells Taiwan Life Insurance Unit for $2.15 Billion
- Market Reform Renamed 'London Market Group'
- Marsh Teams up with Marine Security Firm REDfour to Combat Piracy
- Gallagher Energy Opens Calgary Office
- Zurich Names Sommer Middle East Chief Operating Officer
- Gallagher's London Office Hires New Trade Credit Team
- Best Affirms Generali's 'A+' Ratings
- S&P Takes Rating Actions on Endurance Specialty and Subsidiaries
- Ratings Recap: Singapore Re, AGF, Ansvar, White Mountains Re, Oriental, Jupiter
October 8, 2009
- Canada to Stop Insurance Sales on Bank Web Sites
- Typhoon Melor Strikes Southern Japan; 2 Dead; 40 Injured
- Swiss Re Receives Retakaful License for Malaysia
- U.S. RE Receives Brazil License
- Taylor Moves to Non-Executive Chairman of Montpelier Re Holdings
- U.S. RE in Alliance with Italy's Sfrorni
- Gregory to Join Axis Insurance in London
October 6, 2009
- Indonesia Halts Search for Earthquake Survivors; Focus Turns to Relief Efforts
- FERMA Welcomes 1100 to Prague Risk Management Conference
- Typhoon Heads to Japan, Storm Stalls Over Philippines
- Prudential Weighs Sale of Korean Businesses
October 5, 2009
- Negligence a Factor in Russian Power Plant Accident That Killed 75
- Guy Carpener to Acquire London Reinsurance Broker Rattner Mackenzie
October 2, 2009
- Rescuers Continue Digging As Indonesia Earthquake Toll Tops 1,000
- Bermuda Finance Chief Warns Nations of Risk of Overtaxing Business
- Catlin Group Opens Rome Office
- Zurich Names Egan Head of Operations, Planning
October 1, 2009
- Over 500 Reported Dead in Sumatra Quake; AIR Analyzes Disaster
- AIR Analyzes Samoa Quake/Tsunami
- Bermuda Concludes Tax Information Exchange Agreement with Spain
- ACE Launches New Offshore Policy for Oil/Gas Industry Liability Exposures
- Willis Commercial Network to Streamline Renewals Process
- Best Affirms Ratings on QBE and Operating Companies
- Ratings Recap: Starr Surplus, Wethaq, Unity Re, Ansvar
