International & Reinsurance News for October 2002
- RMS Estimates Windstorm Jeanett May Cause $983 Million in Total Damages
- XL Capital Reports Q3 results-$184 Million Net, $221 Million Operating
- Allied World Assurance Holdings Posts $40.9 Million Q3 Net
- Trenwick to Cease Underwriting U.S. Specialty Program Insurance
- Willis Post Q3 Gains in Operating and Net Profits
- Heavy Loss of Life in Vietnam Building Fire
- ACE Posts Q3 Increases in Operating Earnings, Net Loss Narrows
- Swiss Re Resolves Dispute with Lincoln National
- SCOR Warns of $246 Million 2002 Loss
- CORRECTION: ACORD Not Related to NAII, inreon
- Allied World Assurance Holdings Opens Irish Subsidiary in Dublin
- Report German Gov’t. Seeks Two Month Extension for Airline Terrorist Coverage
- Platinum IPO Launched (Finally)
- inreon Given ‘ACORD’ Certification
- Fitch Maintains SCOR’s ‘A+’ Rating with Rating Watch Negative
- Windstorms Batter U.K., France
- Converium Posts Narrow Q3 Loss on Reserve Strengthening
- Trenwick in Deal with Chubb Re, Begins Audit Study of Reserves
- Swiss Re Report Urges Reinsurers to “Get-back-to-Basics”
- A.M. Best Affirms Rating of Tryg-Baltica Insurance
- AXIS Specialty Announces Strong Q3 Results
- S&P Affirms Converium Ratings, Revises Outlook to Negative
- XL Capital Integrates Le Mans Re into XL Re Ltd. Asia Pacific Operations
- Eureko Starts Arbitration with Polish Gov’t. Over PZU
- IPC Holdings Reports Strong 3Q, 9 Month Gains
- ACE Tempest Re Europe Appoints Eric Gutierrez European Treaty Underwriter
- Swiss Re Releases WTC Engineering Study
- Earnings Report: RenRe, Everest Re Post Strong 3Q Gains
- RMS Offers New ‘Mark-to-Market’ Data and Models for Weather Derivatives
- Irish Insurer to Use IIABA’S Best Practices Program
- S&P Downgrades SCOR Ratings to ‘A’ from ‘A+’
- Baden-Baden Reinsurance Meeting Likely to Focus on Rate Increases
- Ratings Roundup: S&P Lowers Eureko; A.M. Best Lowers Gerling and Trenwick
- S&P Affirms NRMA, IAGNZ ‘AA’ Ratings
- Meiji, Yasuda Advance Merger Date, Plan Tie-Up with Nipponkoa
- Allianz Chief Speaks Out on Accounting Standards
- ACE Announces Executive Appointments at AOG Division
- $275 Million Holocaust Settlement Nears
- Aviva To Sell Australia, New Zealand Operations to IAG
- New AMP CEO Makes Changes, May Reduce U.K. Operations
- Italian Regulators Examine Mediobanca Role in Generali, La Fondiaria/SAI Merger
- Credit Suisse Sells Remaining Stake in Swiss Re
- A.M. Best Lowers Ratings on GE Global Insurance and Affiliates
- RenRe Estimates 3Q Earnings, Will Expense Stock Options
- XL Estimates European Flood Losses at $50 Million, Investment Downturn to Affect Earnings
- Recent Losses Increase Pressure to Raise Hull Rates
- New Mexico Judge Upholds Lloyd’s Claims Against “Names”
- S&P Revises Outlook on France’s MMA to Negative
- 190 Die, Many Injured in Bali Bomb Blast
- Hiscox Launches New System for U.S. Terrorism Insurance
- Investigators Confirm French Supertanker Was Hit by Terrorist Attack
- Moody’s Lowers R&SA Ratings
- S&P Comments on Downgrade of Allianz Risk Transfer
- Zurich Prices Share Offering at $43.75
- S&P, Moody’s Lower Allianz Ratings
- Swiss Re Sigma Study Analyzes 2001 Losses, Equity Decreases
- S&P Lowers Ratings on Two Gerling Divisions, Outlook for Group is Negative
- Montpelier Re Holdings IPO Raises $190 Million
- Bermuda Angle Conference Starts Saturday
- Allied World Announces Two Executive Appointments
- CORRECTION: S&P Rating for Employers Re is ‘AA+’
- Cause of French Tanker Blast/Fire Still Unknown
- HSBC to Acquire 10% Stake in China’s Ping An Insurance
- AXIS Specialty Completes Acquisition of Connecticut Specialty
- A.M. Best Affirms Cornhill Insurance ‘A++’ (Superior) Rating
- Marsh Inc. To Acquire Saldana & Associates of Puerto Rico
- Tanker Attack Terrorist Connection May Raise Rates
- AXA Chairman Rules Out Capital Increase
- FSA Confident AMP Will Meet Regulatory Requirements
- S&P Lowers Swiss Re’s Ratings to ‘AA+’
- EU Report Indicates U.K. Gov’t. May Not Have Properly Audited Lloyd’s
- Assurant Group to Build New Operations Center in Canada
- Endurance Announces Two Sr. Executive Appointments
- Max Re Expects to Post 3Q Loss
- S&P Lowers NRMA Ratings to ‘AA’
- EQECAT To Help Canadian Insurance Bureau Redefine CRESTA Zone Boundaries for Earthquake Loss Exposure
- Fitch Revises GE Global Outlook to Negative
- Credit Suisse Injects Additional $1.338 Billion into Winterthur
- Endurance Specialty Repurchases $100 Million from Zurich
- Markel International Selects Sagent for Strategic Data integration Platform
- Lili May Become a “Major Hurricane” Today
- FSA Sets Out Goals for U.K. Insurance Industry Regulation
- Moody’s Estimates Lloyd’s Losses at £5 Billion for 2000/2001
- Stirling Cooke Brown Changes Name to AlphaStar Insurance Group
- A.M. Best Affirms ‘A-‘ (Excellent) Rating of Corifrance
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