International & Reinsurance News for February 2002
- CGNU Cuts Dividend, Announces Rebranding as Aviva
- XL Confirms Settlement with Swiss Re over Credit Derivative Contract
- S&P Lowers Sirius Ratings to ‘A’, Off CreditWatch
- Compromise on Executive Life Reported Near
- JLT Reports 18% Profit Rise to $120 Million
- EU Warns Polish Government on PZU
- Swiss Re Reports Renewal Rate Increases, Expects 2001 Loss
- European Financial Services Round Table Issues Economic Report
- RenRe Files $500 Million Shelf Registration
- Skeptics Challenge IPCC Global Warming Findings
- Hueppi To Resign as ZFS CEO, Remains Chairman
- Swiss Re Report on Terrorism Insurance Endorses Public/Private Solution
- Element Re Publishes Weather Risk Management Guide
- Fuji Fire to Receive $256 Million from AIG, Orix
- Terrorism, DO Liability, AIG Speculations Dominate Bermuda Conference
- Allianz Plans European Terrorist Coverage Unit
- S&P Keeps Lloyd’s on Watch Negative
- IPC Holdings Reports Q4 Gains, Loss for the Year
- Scandinavian Re to Stop Writing New, Renewal Business
- Inreon Opens Hong Kong Office
- CGNU Sells Portuguese Unit to Ergo, Expands In Asia with DBS Deal
- Nationwide Seeks Damages from AXA Over PanEuroLife
- S&P Completes Zurich Review, Lowers Ratings
- Tizzio to Replace Greenberg as Bermuda Forum Keynoter
- Eureko Wants Gov’t. Talks to Settle PZU Conflict
- AXA Group Revenues Rise 2.1% to $65.44 Billion
- Report Indicates Lloyd’s Will Pass NAIC Audit
- S&P Lowers Scandinavian Re Ratings to ‘BBB’
- OPL To Go Into Runoff, RenRe Takes Over OPCat
- PXRE Posts Q4 Gains, Net Loss for the Year, Approves Capital Increase
- Rob Bredahl to Leave Inreon
- ACE, XL Report Q4 Earnings, Full Year Results
- Willis Reports Record Q4, Full Year Earnings
- S&P Lowers If PC Ratings to ‘A-‘
- PartnerRe Posts Strong Growth, But WTC Attacks, Enron Hit Earnings
- Toro Withdraws Offer For Fondiaria Shares
- Report Zurich to Withdraw from Polish Market
- Most Banks Don’t Have Rogue Trader Insurance
- EU To Require Insurers to Hold Larger Reserves
- Allianz Net Falls on WTC Attacks, Forecasts Gains in 2002
- Allianz to Buy Out Minority Interests
- S&P Upgrades NRMA NZ Ratings to ‘AA+’
- XL Makes Management Changes
- S&P Affirms BRIT Insurance ‘A-‘ Ratings
- New Delays Imperil Eureko, PZU Deal
- RSA Ups Loss Reserves, Warns on Earnings
- Lloyd’s Issues $803 Million Cash Call
- Fondiaria Shareholder Asserts JP Morgan Must Make Full Takeover Bid
- CIGNA Teams w/ International SOS To Provide Global Medical Care
- Chinese Insurance Sector Reports 32.2% Growth
- AIR Releases New Earthquake, Typhoon Models for Japan, Australia
- Argentina Abandons Dollar Link as Economic Crisis Continues – Conference Scheduled
- JP Morgan Chase To Buy 22% Stake in Italy’s Fondiaria
- ING Moving Closer to Global Brand Name
- Tokio Marine Cancels Asahi Merger Plan
- S&P Equalizes Ratings on EULER Group, Hermes, as Merger Nears Completion
- Lloyd’s May Issue Cash Call Next Week
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