International & Reinsurance News for June 2006
- Mucerino to Head New AIG Global Marine and Energy Division
- Best Rates NZ’s Farmers’ Mutual
- Snow to Lead Integro’s Canadian Construction Practice
- Giarini, Sellitsch Named to Insurance Hall of Fame
- Marsh Combining Asia, Pacific Region
- Ross Joins Montpelier Re Board
- Swiss Re Completes FPK Sale to J.C. Flowers & Co. LLC
- Hirs to Head Allianz Risk Transfer
- Lloyd’s Comments on Celebrity Advertising Campaign Coverage
- English Football League Wins Token Damages in TV Suit
- New ‘NASDAQ Global Select Market’ Tier Lists Insurers
- Guy Carpenter’s Venter Receives von Geusau Memorial Prize
- Swiss Re Economists Analyze Global Situation; Insurance Outlook
- Willis Re Urges Broader Market Support For Political Risk Reinsurance
- FSA Looks at Rules on Sidecars
- Kingsway Renews Credit Line
- R&M Report on Policy Administration
- Morgan Joins Allied World as Sr. VP – Ceded Reinsurance
- Generali to Acquire De Agostini’s Majority Toro Stake; $4.84 Billion Total
- 80% Cut in RI3K Risk Platform Rates
- Catlin Launches Recall, K&R Coverage
- Lloyd’s Chairman Tells ALM Conference More Efforts Needed
- Best Rates Australia’s Guild ‘A-‘
- Fitch Affirms White Mountains’ ‘BBB+’ Ratings; Lowers Folksamerica
- Best Affirms Nipponkoa ‘A’ Ratings
- Best Affirms Alliance Re’s ‘B++’ Ratings
- Allianz Plans Restructuring; 7480 German Job Cuts
- Aon U.K. Commits to Full Electronic Trading in Specialty, Reinsurance
- Franklin Named Endurance U.S. VP
- ACE Enhances U.K. Environmental Coverage Package
- Best Affirms Ratings of SCHWARZMEER UND OSTSEE-SOVAG
- Best Places Glacier Re Ratings under Review – Negative
- Best Puts Primary Insurance Co. Ratings under Review – Negative
- Liberty Mutual Buying Stake in Turkey’s Seker Sigorta
- Euler Hermes to Enter Australia, NZ Credit Market
- Best Assigns Ratings to Novae Insurance Co./Novae Group
- Best Assigns VASCO Re Debt Rating
- Fitch Affirms PartnerRe’s Ratings
- ABI Criticizes U.K. Government Proposals on Mesothelioma Payments
- Hiscox AGM Statement
- Lloyd’s Interviews Marsh’s Matanle on Broker Competitiveness
- S&P Rates Kazakhstan Insurer ‘B+’
- Odyssey Re Forms U.K. Company
- Best Upgrades ‘PD’ Ratings of 12 Canadian P/C Insurers
- White Mountains to Hold Investor Conference Call Today
- Swiss Re Names Ferguson Chairman U.S. Holding; Board Member
- Benfield Sees Hard Bermuda Reinsurance Market into 2007
- Best States Position on Sidecars
- Best Takes Various ‘PD’ Rating Actions on 37 Canadian P/C Insurers
- Best Affirms ING Canada Ratings
- XL Celebrates 20th Anniversary with ‘Global Day of Giving’
- White Mountains Raises Hurricane Loss Claims by $203 Million
- R&SA Plans Expansion; to Cut 1550 Jobs; Buying Canadian Broker
- Best Sees No Winterthur Rating Change on AXA Acquisition
- Max Re Resolves Potential Delisting Problem with NASDAQ
- IBC Study Finds Canada’s Legal Environment is ‘Increasingly Uncertain’
- Beazley Buys Out Asia Pacific Underwriting Agency
- XL Capital Restructures Top Management
- IAG Acquires New Lloyd’s MA – Specialist Asian Insurer
- Harbor Point Completes Formation of Bay Point Re ‘Sidecar’
- Best Assigns Ratings to New Zealand’s Pacific International
- S&P Lowers Norsk Hydro Captive Insurer INF’s Ratings to ‘A-‘
- AXA, Credit Suisse Agree on $10 Billion Winterthur Sale
- S&P Reacts to Winterthur Sale; AXA Revised to ‘Stable’; Winterthur to ‘Positive’
- Best Affirms AXA Canada P/C Subsidiaries Ratings; Revises Outlook to ‘Stable’
- Best Downgrades Tasman Pacific to ‘B-‘
- XL Introduces New U.K. D&O Product
- MMC Names Spiller New Guy Carpenter CEO; Zaffino Continues as Chairman
- SCOR Strengthens Agricultural Risk Business with Frankona Re Hires
- S&P Lowers Swiss Re Ratings; Raises ERC, GE Re, GEIS
- Best, Fitch Comment on Swiss Re’s Ratings Following GEIS Acquisition
- S&P Affirms Kingsway’s ‘BBB- Ratings
- Benfield Corporate Recruits Global D&O Team
- Benfield Corporate Risk Expands its Marine Capabilities with Page-Turner
- Quake Strikes SE Japan
- Swiss Re Completes GEIS Acquisition
- Report AXA in Talks with Credit Suisse to Acquire Winterthur
- Best Affirms Bahrain’s TIIC ‘B++’ Ratings
- Haag Joins XL Board
- Liverpool’s Manager Calls for FIFA to Pay Up for World Cup Injured Player
- World Cup Starts in Germany
- Quanta in Deal with Lloyd’s Chaucer to Manage Syndicate 4000
- Lord Levene Sets Lloyd’s and London’s Priorities for Fellow Peers
- Willis Outlines Growth Strategy
- Best Downgrades/Withdraws Quanta Ratings; Company Comments
- Aspen Names Boornazian to New Post – Head of Reinsurance
- S&P Lowers OCIL’s Avalon Re Notes
- S&P Affirms CCR’s ‘AAA’ Rating
- Catlin’s AGM Statement Details Increased U.S. Presence
- White Mountains to Hold Investor Information Meeting June 9
- Best Places Tasman Pacific Rating Under Review/Negative
- AXA Concludes Deal with Paris Re to Cede AXA RE
- Denmark’s EKF, Sovereign Risk in $17 Million Ukraine Export Contract
- Swiss Re Places $950 Million in ‘Successor Programme’ Cat Bonds
- S&P Assigns Ratings to Swiss Re’s ‘Successor Programme’ Notes
- AIG Gives $1 Million to Indonesian Earthquake Relief
- Cat Model Changes May Have ‘Dramatic Implications’ Says GEIS
- OIL to Buy Back $300 Million in Debt
- S&P Affirms PZU’s ‘A-‘ Rating; Revises Outlook to ‘Negative’ After Firing of CEO
- S&P Assigns Arab Orient ‘A-‘ Rating
- Moore Joins Benfield’s Offshore Construction Team
- Best Comments on Mapfre Restructuring Plans
- S&P Affirms SCOR Global ‘A-‘ Ratings
- S&P Puts Some Cat Bonds on CreditWatch After Model Changes
- S&P Report Finds Canadian P/C Outlook ‘Remains Stable’
- Willis ‘Investor Day’ Set for June 8
- Lloyd’s Warns Insurers Could be ‘Swept Away’ by Climate Change
- Best Affirms ING Comercial ‘A’ Rating
- Montpelier Re in Forward Equity Sales with Credit Suisse
- Euler Hermes “Studying” Acquisition of Allianz Ireland Credit Insurance
- Benfield Corporate Risk Opens Australian Office in Perth
- Zurich Names Huerlimann CEO Global Corporate in Europe
- Willis Re to Collaborate with Accurate Environmental Forecasting
- Bird Flu Explodes in Indonesia, One Death Every 21/2 Days in May
- Max Re Q1 Net $72.9 Million; Conference Call Today, Details
- S&P Raises Bluewater Ratings to ‘BBB’
- Spain’s MAPFRE to Change Corporate Structure, Expand; S&P Comments
- ACE USA Promotes Sherry to Senior VP-Global Property
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