International & Reinsurance News for May 2006
- Turkish Authorities Assess Damages from Airport Fire
 - Allied World – $98.1 Million Q1 Net
 - Max Re Concludes Internal Investigation; SEC Filing within 15 Days; Q1 Results to be Released Today – Conference Call
 - S&P Affirms Taiwan’s Mingtai Fire & Marine ‘A’ Ratings
 - S&P Reports on Japan Non-Life Sector
 - Allianz Australia Joining Global Transport to Increase Sector Growth
 - Best Comments on Quanta Ratings
 - GE Insurance Solutions Examines Impact of Airbus A380
 - RI3K, Xchanging Launch London Market Electronic Insurance Exchange
 - Byrne Again Takes Over as White Mountains Chairman
 - S&P Keeps Swiss Re on CreditWatch
 - S&P Assigns ‘BB’ Ratings to Harbor Point’s Bay Point Re
 - RMS Releases “Fundamentally New” European Windstorm Model
 - Fitch Sees No Rating Affect from Max Re’s Internal Investigation
 - S&P Assigns Debt Ratings to Ren Re’s Starbound Re
 - Aon Risk Opens Iceland Office
 - AIG Receives China Group Sale License
 - UPDATE: Java Quake Toll Passes 4900; 200,000 Homeless
 - Australian Climate Study Finds Stronger Evidence of Global Warming
 - Quanta Puts Specialty Lines into Runoff; Retains Lloyd’s, ESC Business
 - Transatlantic Elects AIG’s Sullivan Chairman; Mayer Joins Board; Other Officers Named
 - Nationwide to Sell Gartmore’s Int’l. Operations to Hellman & Friedman
 - WL Ross to Invest $100 Million in Montpelier Re
 - Willis: Resilient Energy Market in 2005; Worries in 2006
 - Klehm Joins RenRe Board
 - Best Affirms Alcatel’s Electro Re S.A. ‘B++’ Ratings
 - S&P Affirms PartnerRe Ratings; Revises Outlook to Negative
 - S&P Rates Catlin’s Lloyd’s Syndicate ‘4-‘ (Low Dependency)
 - Best Rates Arch Preferred Share Offering “bb”; Affirms ‘A-‘ Rating
 - S&P Raises Rating on Saudi Arabia’s NCCI to ‘A’
 - Risk of European Floods Greater, Eqecat Says
 - Best Assigns ‘B++’ Ratings to Oriental Insurance Co.
 - S&P Revises Outlook on Japanese Insurer Ratings
 - Donner Named RenRe Exec. VP, CFO
 - AIA’s Snyder Tells London Audience GATS Outlook ‘Very Dark’
 - Ward Pushes Lloyd’s Reform
 - Best Affirms Tokio Marine, Nichido Fire ‘A++’ Rating
 - AXIS Global Names Housley President
 - Willis Named “2006 European Commercial Broker of the Year”
 - Liberty Opens Puerto Rico Branch
 - Krall to Replace Boller as Converium’s Chief Risk Officer
 - Converium Posts $61.6 Million Q1 Net
 - S&P Rates Mexican Quake Cat Bond Managed by Swiss Re ‘BB+’
 - Max Re Receives Official De-listing Notice from NASDAQ
 - Cirillo Joins ACE Board of Directors, as Staley Retires
 - Zurich Receives Approval for General Branch in Beijing
 - Injuries, Suicide Reported to Cause 3,300 Deaths a Day in Western Pacific
 - Millea to Fully Integrate Nisshin Fire
 - Swiss Re Opens HK Training Center
 - Lloyd’s Chairman Details ‘Success Factors for Europe’
 - Zurich Q1 Operating Profits Increase by 31% to $1.359 Billion
 - S&P Raises Ratings on Allianz Australia to ‘A+’
 - S&P Affirms Alliance Re ‘BBB’ Ratings
 - ACE’s Duperreault to Retire from  Active Company Management
 - Typhoon Chanchu Hits China Coast
 - SCOR Q1 Net up 61% to $68 Million
 - Best Downgrades West of England Ship Owners Mutual Rating; Under Review
 - Converium Appoints De Martin, Zdrenyk to Global Executive Committee
 - Lloyd’s Releases 2005 Annual Report
 - S&P Rates Arch Pref. Shares ‘BB+’; Affirms Operating Co.’s ‘A-‘ Rating
 - AIG Adopts Policy on Climate Change
 - China’s P&C Insurer Licenses AIR’s Quake Cat Models
 - AXA Moves Ahead on ‘Squeeze-out” of German Minority Shareholders
 - Fitch Rates Arch Pref. Shares ‘BBB-‘
 - Willis: ‘Strong Progress’ in China
 - Validus Re in Retrocession Pact with Petrel Re for Marine, Energy Risks
 - AIR Releases New NWP-based European Extratropical Cyclone Model
 - AIG Subs Get Permission from CIRC for Further China Expansion
 - Fitch Keeps PXRE on Watch/Negative
 - Allianz Posts $2.28 Billion Q1 Net Income; All Sectors Show Gains
 - S&P Lowers QBE Hongkong Rating
 - EEA Report Says ‘Tackling Climate Change’ Will Save Lives, $15 Billion
 - Hannover Re Q1 Net Income up 7.6% to $136 Million
 - R&SA Q1 Operating Profits up 29% to $391 Million
 - XL CEO Urges Industry Leaders to Adopt ‘Coordinated Approach’ to Solve Global Problems
 - Best Affirms ‘A’ Ratings of Royal Bank of Canada Insurance Co.
 - PMI Europe Appoints Giorio New Country Manager for Italy
 - AXA Posts Strong Q1 Results
 - ACE European Launches New U.K. Corporate Travel Coverage
 - Best Rates CastlePoint Re ‘A-‘
 - Best Assigns ACE/INA Debt ‘a-‘ Rating
 - PXRE Edges Towards Runoff Despite Posting $41.6 Million Q1 Net
 - Kiln plc Appoints Hitchcox to New Post of Chief Actuary and Risk Officer
 - S&P Puts QBE Hongkong on CreditWatch after Guarantee Withdrawn
 - S&P Rates ACE/INA Notes ‘BBB+’
 - Munich Re Posts $1.25 Billion Q1 Profit
 - Best Assigns ‘a+’ Ratings to Swiss Re’s Debt Issues; Places Under Review
 - Best Affirms Egypt Re ‘B++’ Ratings
 - Converium Confirms Successful April 1 Non-U.S. Treaty Renewals
 - ACE/INA to Issue $300 Million Sr. Notes
 - PartnerRe Names Mitchard Chief Information Officer
 - Swiss Re Shareholders Take 50% of Rights Offering
 - PXRE to Announce Q1 Earnings Today; Holds Conference Call
 - Quanta to Post Q1 Figures Wednesday; Conference Call Details
 - XL Names Gallagher to Head Global Property Operations Unit
 - Wolff and Bennett Named as New Directors of Odyssey Re
 - FERMA’s Benchmarking Risk Management Survey a Success
 - London’s Lord Mayor Back Lloyd’s China Re Initiative
 - Axis Posts $195.2 Million Q1 Net
 - XL Announces Global Risk Conferences in Germany, U.S.
 - Swiss Re Hybrid Capital a Success
 - Greenfield to Join AXIS as CFO
 - S&P Annual Insurance Conference Scheduled for NYC in June
 - House of Lords Asbestos Decision Limits Damage Liability
 - U.S. Report on Climate Change Finds ‘Substantial Human Impact’
 - Willis Reports Q1 Revenue Stable at $671 Million; Conference Call Today
 - Best Affirms Caisse Centrale de Reassurance ‘A+’ Rating
 - Best Raises TT Club’s Ratings to ‘A-‘
 - Endurance Names Raver to Board
 - Kingsway Q1 Net Income Falls to $28.9 Million on Investment Losses
 - 113 Die in Black Sea Plane Crash
 - RenRe Posts $195.7 Million Q1 Operating Income; $179 Million Net
 - Accenture Survey Finds European Insurers See Positive Impacts from Solvency II Accounting Standards
 - Guy Carpenter Launches London Market Electronic Claims File Process
 - S&P Keeps NZ’s Simply Insurance on Watch/Positive Pending GE Takeover
 - S&P Assigns SCOR Global ‘A-‘ Ratings; Affirms Group Ratings
 - Allianz Provisional Q1 Figures Show 4.9% Gross Revenue Increase
 - AXIS to Announce Q1 Results Tomorrow; Host Teleconference
 - Best Affirms Arch ‘A-‘ Ratings
 - Audit ‘Not Completed’ Says Max Re; Estimates Q1 Net at $74.2 Million
 - Endurance Posts $107 Million Q1 Net; Conference Call Today, Details
 - Navigators Q1 Earnings up 22% to $15.5 Million; Conference Call Info
 - RenaissanceRe Release Q1 Results Today; Webcast Details
 - Munich Re Helps UN Launch ‘Principles for Responsible Investment’
 - Odyssey Re Q1 Net $149.7 Million
 - White Mountains Ups Book Value; Posts $117 million Q1 Net
 - Navigators to Release Q1 Results Today; Webcast Details
 
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