International & Reinsurance News for May 2004
- S&P Affirms Two QBE Operating Units ‘A+’ Ratings
- AIA Applauds Trade Pact with Bahrain
- S&P Reports on Japan’s Non-life Insurers
- ACE Names Hernandez as Lead Director
- Best Affirms AG Sovag ‘B++’ Rating
- Montpelier Re Announces $450 Million Credit Line
- Fairfax Increases Letter Of Credit Facility
- S&P Affirms Alea’s ‘A-‘ Rating; CEO Comments
- Cozen Joins United National Board of Directors
- Willis Takes Majority Control of Argentina Broker
- Moody’s Lowers Swiss Re’s Ratings
- Best Comments on Endurance Share Buyback
- Best Affirms Alea Group Subs ‘A-‘ Ratings
- Arch’s U.K. Subsidiary Establishes New Construction and Engineering Division
- Best Affirms Montpelier Re ‘A’ Rating; ‘bbb’ Debt
- Munich Re Posts $641 Million Q1 Profit
- ri3k Receives Three ACORD Awards
- Best Assigns ‘A’ Ratings to Mapfre Praico Group
- MJM Investigations Notes Partnership in Australia
- ri3k Launches LifeRIC Reinsurance Data Hub
- S&P Affirms Sunderland Marine ‘BBB’ Ratings
- Best Affirms Mapfre Asistencia ‘A+’ Rating
- Zurich to Sell Singapore Operations to Australia’s QBE
- Best Upgrades Rating of France’s CCR to ‘A+’; Revises Outlook to Stable
- Lloyd’s Issues 2003 Annual Report
- Transatlantic Re Elects New Officers
- Best Affirms Through Transport Mutual ‘B++’ Rating
- U.K.’S Cox Reports 22% 2003 Profit Increase; Announces Outsourcing Plans
- Saudi Arabia to Sell NCCI Ins. Co. Shares to Public
- S&P Assigns ‘A-‘ Rating to TrygVesta Group
- Levene Defends Need for ‘Strong Balance Sheets’
- Swiss Re Sees U.S. Economy Strengthening
- U.K. Survey Finds Compensation Culture Concerns
- Zurich Posts $702 Million Q1 Net
- Best Affirms Rating for ING Canada Group
- CII Announces Nominations for Officers
- Lloyd’s to Donate $300,000 to NAPSLO Education Fund
- Swiss Re Embedded Value Falls, Share Price Too
- Best Affirms Ratings for PXRE; Outlook Stable
- Hannover Re Posts Strong Q1 Results
- Espirito Santo: Q1 Results of Insurance Subsidiaries
- Best Affirms Infrassure ‘B++’ Rating
- New RMS Tool Automates Preparation for Exposure Data in Standard ACORD Format
- S&P Assigns ‘AAA’ Rating to MBIA U.K.
- Best Affirms Mapfre Re ‘A+’ Rating
- S&P Assigns ‘BB’ Rating to Russia’s Ingosstrakh
- ri3k in Agreement with Verio for Hosting Services
- S&P Places Mercantile Mutual on CreditWatch-Negative
- Stokholm to Resign as Zurich Australia CEO
- Best Affirms Mapfre Mutualidad ‘A+’, ‘aa-‘ Ratings
- ING Posts Q1 Gains in all Sectors Gains; Will Sell Australian Business to QBE
- Best Affirms AXA Canada Ratings
- Lloyd’s Appoints Battmann Representative in Spain
- R&SA Restructuring Reduces Revenues, But Strengthens Overall Financial Condition
- Best Affirms Northbridge Affiliates ‘A-‘ Ratings
- S&P Affirms Montpelier Re Ratings; Outlook Stable
- Munich Re Opens New Office Building
- S&P Puts Allianz ART Unit on CreditWatch
- Assured Guaranty Posts $46.9 Million Q1 Net
- Swiss Re Reports on Nanotechnology Insurance Perspectives
- Halliburton Close to a Deal on Asbestos Liabilities
- Best Affirms Hang Seng Insurance ‘A+’ Rating
- CEO Notes Willis’ Progress at Shareholders Meeting
- S&P, Moody’s Give Assured Guaranty High Ratings
- Lloyd’s Authorized to Conduct Business in 8 New EU Member Countries
- Canada’s ICLR Unveils “Disaster Resilient” Home
- Furst Named Director of CAT Services at RGL – Forensic Accountants and Consultants
- Chubb Publishes Report on “Stalking” in the U.K.
- Best Affirms GCAN ‘A’ Rating
- AXA Posts 2.3% Increase in Adjusted Q1 revenues; 1.9% Decline in Reported Revenues on Euro’s Rise
- Aspen Reports $85 Million Q1 Net
- Best Affirms Endurance Specialty ‘A’ Rating
- S&P Issues Report on French Mutual Sector
- Allianz Reports Strong Q1 Results
- S&P Assigns ‘A-‘ Rating to German Surety Insurer
- Max Re Posts $43 Million Q1 Net
- Zurich Names Stuart to Head UK Insurance Business
- RenRe Posts $137.8 Million Q1 Operating Income
- S&P Puts American Steamship on CreditWatch-Negative
- Renggli to Head PartnerRe Finite Reinsurance-Global
- Meacock joins ri3k as European Sales Manager
- AXIS Reports Record $166.8 Million Q1 Net
- Navigators Launches Technology Insurance Unit
- XL Capital Post Record $452.2 million Q1 Net
- AIG Names Dr. Jacob A. Frenkel Vice Chairman
- Max Re Names Becker to Board
- Arch Prices Notes; Best Assigns ‘bbb’ Rating
- XL’s London Market CEO to Leave Post
- XL Appoints McNichols as Global Chief Actuary
- Allied World Posts $89.4 Million Q1 Net
- EU Expands to 25 Countries