International News for December 2005 Allianz Moves Ahead with RAS Merger The Enstar Group Reports Acquisition of UK Insurance Company S&P Rates Arch’s Flatiron Re ‘BBB-’ New Viennese Dogs Must be Insured Best Affirms Sompo’s ‘A+’ Rating Best Affirms Dongbu’s ‘A-’ Rating Best Affirms LG Insurance ‘A-’ Rating Munich Re to Raise Dividend by 55% Despite Increases in 2005 Cat Losses Timmeny Retires from Quanta’s Board S&P Raises Ratings on Ming An Munich Re Reports on Tsunami Loss Inspection Results Guy Carpenter Unveils 2005 Central, Eastern Europe Flood Report London’s Mayor Says “Disorganized” Terror Threats Persist Best Affirms Evergreen Re ‘A-’ Rating S&P Tells How It Rates Start-Ups Details of PXRE’s Securitzation for “Second Event Protection” Best Affirms Quanta Group’s ‘A-’ Ratings; Outlook Negative Best Assigns ‘A-’ Rating to Allianz Marine & Aviation Best Affirms Panama’s Compania Internacional ‘B++’ Rating CII to Run Conflict of Interest Seminars Best Affirms ‘A-’ Rating on Korea’s Hyundai Marine & Fire S&P Assigns Lloyd’s Assessment Rating to Amlin’s Syndicate 2001 AXA to Acquire Remaining Shares of German Sub; Management Board Members Reappointed Best Affirms XL’s ‘A+’ Ratings; Removes from Review; Outlook Stable S&P Raises U.K. Eccelesiastical Ins. To ‘A-’; EIG-Ansvar to ‘BBB+’ Best Affirms PXRE ‘A-’ Ratings; Off of Review; Outlook Negative Max Re Announces New Appointments in Property Treaty Reinsurance S&P Affirms OIL’s ‘A-’ Rating, Off CreditWatch; Outlook Stable Insurers Warned about Bird Flu “Species Jump” S&P Affirms Converium’s Ratings; Off CreditWatch; Outlook Stable Hiscox Warns on Coverage for iPods, MP3′s; No Homeowner Coverage Vietnam Licenses AIG Sub S&P Rates Endurance Sub TPIC ‘A-’ IBC Picks Canada’s 2005 “Top Ten” Insurance Crimes Estimates in Swiss Re sigma Study Confirm 2005 as Costliest Ever Best Affirms China Ins. (NZ) Ratings Best Assigns ‘A-’ Ratings to Bermuda Start-Up Flagstone Re Best Affirms Syndicate 382 Ratings Zurich Proposes Former SEC Chief Accountant as Board Member India Regulator Supports Higher Limit for Foreign Insurance Investment Best Assigns ‘A-’ Ratings to Bermuda Start-up Lancashire Lengthy Processing Time See for U.K. Oil Fire Claims ABI Applauds Hong Kong Trade Agreement Compromise Plumeri Responds to TRIA Extension Converium Posts Delayed Results – $6.9 Million Q3 Loss Best Rates Harbor Point Re ‘A’ Best Affirms Beazley Group plc, Lloyd’s Syndicates 623/2623 Ratings Bright Faces Trial for Fraud over Independent Collapse Best Rates U.K.’s Hiscox, Lloyd’s Syndicate, Bermuda Start-Up IPC Holdings Notes Retirement of Chairman, Other Board Changes Munich Re Study Cites Changes in Atlantic Hurricane Risk SCOR Acquires Alea’s Renewal Rights to European P/C Treaties Best Downgrades Egypt’s Al Chark Best Assigns Amlin’s New Bermuda Company an ‘A-’ Rating Best Affirms Amlin Plc, Lloyd’s Syndicate 2001 Ratings ACE Ltd. Notes 2006 Guidance Fitch Comments on New Reinsurers S&P Ups Willis Outlook to Positive; Affirms ‘BBB-’ Rating Chubb Corp. Finalizes Sale of Bermuda Reinsurance Unit Guy Carpenter Releases 2005 England, Wales Liability Market Update Converium Names Beale as CEO Best Affirms FSR for Jupiter Insurance Swiss Re Reviews 2005, Takes Look Ahead at Upcoming Industry Year AXIS Capital Says CFO Leaving Best Assigns FSR to Validus Re State Farm Says Refunds Coming to New Brunswick Policyholders S&P Assigns ACE INA Insurance (ACE Canada) ‘A’ Rating AIR Worldwide, ISO Report Opening of Representative Office in Beijing Best Affirms FSR for Wing Lung Cash, Izard Eyed for Promotions with Endurance Following BDI Approval IPC Holdings Notes Receipt of Notice of Intent to Cancel Underwriting Agency Deal as of Nov. 2007 State Farm Refunding Ontario Policyholders Due to Application Error PartnerRe Reports Distribution on Capital Trust Preferred Securities TRH Prices Senior Notes Offering Nigerian Jetliner Crash Claims More than 100 Lives in Port Harcourt XL Capital Notes that Underwriters Exercise Option to Purchase Additional Ordinary Shares Association of Bermuda Insurers Names Kading President Best Affirms FSR for Imagine Co. Best Upgrades FSR for Peace Hills New Report Outlines Answers for Challenges in Atlantic Provinces Wellington Nets $138M from Sale of Aspen Shares Best Affirms FSR for Montpelier Zurich Announces Appointments in Global Division ACE Sees Wilma Impact of $250M Report: Europe’s Insurers Ignore IT Infrastructure Risks When Pricing Aspen Updates Losses from Hurricanes Katrina, Rita and Wilma Best Affirms FSR for EIG-Ansvar Registered Insurance Brokers of Ontario Accredits StoresOnline Internet Marketing Workshops A Hurricane in December? Epsilon Churns the Atlantic S&P Assigns ‘BBB+’ Rating to ING’s Hong Kong P/C Operation Everest Re to Raise $280 Million; S&P Affirms Ratings Willis Acquires Swedish P/C Broker Laker Appointed Assistant VP of ACORD in London Best Affirms Korean Re Ratings Best Affirms Tokio Marine & Nichido Fire ‘A++’ Ratings ING Comercial América Wins Mexican Appeal in Fertinal Claims Case XL to Raise App. $2.8 Billion; Wilma Losses Estimated at $210 Net Best, S&P Assign Ratings to XL’s Capital Increase Plan Best Assigns Rating to Brit’s Debt Issue Best Affirms Qatar General Ratings Catlin Group Estimates Wilma Claims at $45 Million; Ups Katrina Loss Global Warming Could Lower Europe’s Temperature; Raise Caribbean’s Best Affirms Samsung Fire & Marine Ratings; Assigns ICR Max Re Puts Wilma Loss at $40 Million Best Places Kingsway, Subs Ratings under Review-Negative Implications Chaucer Holdings Acquiring PXRE’s Lloyd’s Syndicate Honda Civic Tops Canada’s List of “Top Ten Stolen Vehicles;” None Had Anti-Theft Systems PartnerRe Ups Hurricane Loss Estimates; Details Financial Plans International News Archives