International News for November 2009 Aon Says Satellite Operators to Benefit from Insurer Profitability in 2010 Danish Climate Change Treaty Draft Urges 50% Emissions Cut by 2050 ACE Appoints Hiller London Corporate Casualty Manager Best Upgrades SGI CANADA and Subsidiaries to ‘A-’ Marsh Signs Deal with UDrive Solutions for Driver, Motor Fleet Products Ratings Recap: BNY Trade, Qatar General Marsh Launches Lottery and Gambling E&O Coverage Max Cap Appoints Kalainoff President- Reinsurance Operations Beazley Starts Trading through the Lloyd’s Exchange Aon, Chubb Warn Isle of Man Directors on Possible Coverage Gaps ACE Names Schrader Executive VP, General Counsel – Overseas Operations Scientist Accuses Hackers of Climate e-mails of Attack on Conference Customer & Credit Risks top Agendas for European Business, Says Marsh Aon Adds Six to Aviation Team XL Names Hendry to Newly Created Post as Chief Platform Officer Ratings Roundup: Bison, Queen’s Island Northwest England Hit by Floods; Bridges Collapse; AIR Analysis Aon to Manage BT’s Captive Best Affirms Mondial Assistance, Jefferson ‘A’ Ratings; Outlook Stable De La Rochefoucauld to Head Lloyd’s French Office UPDATE: RMS Gives Preliminary Loss Estimates from UK Floods UN Climate Chief Seeks $10 Billion from Rich Nations to Help Poor Countries ACE Europe Warns Global Recession Creates New Supply Chain Risks Best Affirms Ratings Flagstone Re Africa’s ‘A-’ Ratings; Outlook Stable Lloyd’s ’360 Report’ Highlights Microinsurance Opportunities Aon UK Sees Decreased Commitment by Insurers to Food Industry Marsh Report Forecasts ‘Softening’ in Energy Market in 2010 Canada’s Sun Life Financial Considering U.S. Insurance Acquisitions XL Receives China License Willis, Shareholders Agree to Gras Savoye Reorganization with Astorg Deaths Not Caused by H1N1 Vaccine, Says World Health Organization XL Acquires Unicorn Underwriting to Strengthen Equine Capabilities Aon UK Names Allen New CFO Chubb Encourages Chinese Firms to Adopt Risk Management Practices Marine Insurance Market Faces ‘Choppy Seas’ Willis Report Concludes Best to Sponsor Cayman Captive Forum Senator Boxer Sees no US Accord in Time for Copenhagen Conference Ratings Recap: Dongbu, China Taiping, Malaysian Re New Lloyd’s Open Form Maritime Arbitration Panel Launched AIR Analyzes UK Storm IMF Head Eyes Global Currency Change; Presses China on Yuan ACE Europe Appoints UK Corporate P/C Underwriting Managers ‘Economic Downturns’ Make Frauds, Scams More Likely Lloyd’s Warns Torus Appoints Whiting Senior Treaty Casualty Reinsurance Underwriter World Leaders Back Delay for Final Climate Change Agreement Aon, Marsh, Willis Back Lloyd’s ‘Exchange’ Modernization Plans ACE Tempest Re Names Mann Sr. Underwriter for Structured Risks Ratings Recap: Sunderland Marine, ZEP-RE Greenland Ice Melting at Faster Rate, Increasing Sea Level Rise Best Affirms AVIVA & Subs Ratings Best Revises Transatlantic Outlook to Stable; Affirms ‘A’ Ratings Best Upgrades Hannover Re (Bermuda) Credit Rating; Affirms ‘A’ Financial Rating Zurich Global Energy Names Hawker VP – Exploration & Production Somali Pirates Demonstrate Long-range Menace Armistice Day Commemorations in Europe Promise ‘Never Again’ New Swiss Bonus Rules Target Big Banks and Insurers Aon Appoints Ward Marine Expert to Manchester Team Ratings Recap: Tokio Millennium Re, Nissan Global, Asia Capital, ACRe Argo Group Appoints Tees and Reeves to Finance Team Willis Appoints New Netherlands CEO Hurricane Ida Kills 124 in El Salvador; Heading for Gulf Oil Fields and U.S. Kim to Head Aon Consulting in Korea France’s AXA Eyes Asia Growth with Takeover Bid Torus Expands UK-Based Global Onshore Energy Team Validus Q3 Net Almost $500 Million; $731.6 for 9-Months Ratings Recap: Royal Star, East Africa Re, Bahamas First, New Technology, Connaught Hub International Acquires Canada’s Mones Insurance Brokers Late Season Hurricane Hits Nicaragua Willis to Expand UK Commercial Broker Network Internationally Jenkin to Head Aon UK’s Trade Credit Pulp and Paper Team UN Climate Change Treaty May Need Extra Year Bermuda Monetary Authority Joins Insurance Supervisors Exec. Committee U.S. RE in Alliance with Argentine Broker Catlin Group’s Interim Management Statement Shows Gains Zurich Reports Big Increases in Q3, 9-Month Profits Montpelier Re Reports $148 Million Q3 Net Income; $359 Million 9-Months Political Risk Premiums Rising in Response to Resource Nationalism Lloyd’s Royal British Legion Organizes London ‘Poppy Day’ on Thursday Czech Court Lifts Last Barrier to EU’s Lisbon Treaty Ratings Roundup: Harbor Point Re, Travelers (UK), Sovag ABI Teams with AIR, Met Office in Study of Climate Change Flood Costs Flagstone Re Rebounds: Q3 Net $67.1 Million; $170.7 Million 9 Months Glacier Group Names Hart New CEO; Posts $30.7 Million Q3 Results AXIS Narrows Q3 Loss to $96 Million; Conference Call Today Argo Group Posts $27.6 Million Q3 Net Income; Conference Call Today RBS to Sell More Assets, Insurance Subsidiaries Under EU Pressure RMS Bulletin: Severe Storms, Floods in North-eastern Scotland, Wales Swiss Re Q3 Profit Tops Forecasts; Capital Strengthened At Least 14 Reported Dead as Typhoon Mirinae Lashes Philippines UN Climate Change Talks Resume as Time Runs Out for Deal International News Archives