International News
News for July 2008
July 31, 2008
- International Chamber of Commerce 'Deeply Regrets' Trade Talk Failure
- Zurich Acquires German Insurer
- French Agriculture Minister: China, India Thwarted WTO Negotiations
- Doucette Joins Everest Re as Exec. VP
- Transatlantic Re Opens Munich Office
July 30, 2008
- Doha Round Talks on Global Trade Fail to Reach Agreement
- AIR Estimates Taiwan Typhoon Insured Losses under $100 Million
- ACE Q2 Op. Net up 11% to $738 Million
- Aspen to Release Q2 Results Today; Conference Call Details
- S&P Affirms Allianz 'AA' Ratings
- Rating Agencies React Negatively to XL, SCA Bailout Plan
- AIR Relocates, Expands London Office
- Ratings Recap: Endurance, ACR Re Takaful, Stoneheath Re, Nacional de Reaseguros, Emirates, Oriental
July 29, 2008
- Merrill, XL to Bail Out Bond Insurer Security Capital
- World Trade Talks Stall as Troubles Grow
- XL Posts $238 Million Q2 Net Income
- ACE Limited to Release Q2 Results Today; Conference Call Details
- Lloyd's Analyzes Growing Coverage Problems of Insuring Vacant Property
- Quinn to Head Newly Approved ACE Representative Office in Dubai
July 28, 2008
- Developing Countries Split over WTO Farm Protection
- Investigators Focus on Oxygen Tank as Cause of Qantas Explosion
- British Victim of Facebook Profile Wins Damages Against Old Friend
- XL to Announce Q2 Results Today; Conference Call Details
- PartnerRe to Release Q2 Results Today; Conference Call Details
- Best to Sponsor Australia, New Zealand Insurance Industry Awards
- Ratings: Imagine, Kuwait Re, Africa Re
July 25, 2008
July 24, 2008
- Economic, Insurance Reforms Possible in India Following Parliament Vote
- Arch Capital to Release Q2 Results Today; Conference Call Details
- British Jury Convicts Wife of Man Who Faked Death for Insurance
July 23, 2008
- Price a Sticking Point for Bermuda Insurers Looking to Buy Entry into Lloyd's Market
- Royal Bank of Scotland May Not Sell Auto Insurance Unit After All
- Alliant Launches Political & Economic Risk Indices, Ratings on Bloomberg
July 22, 2008
- Report: U.S. Cedes More Than $58B Offshore in 2007
- Strong Quake Shake Northern Japan Coast But No Tsunami Danger
- ACE Limited Now a Swiss Firm; Redomesticates from Cayman Islands
- ING Closes Sale of Mexican Non-Core Insurance Business to AXA
- Montpelier Re to Release Q2 Results Today; Conference Call Details
July 21, 2008
- Tearful Wife Says Husband Who Faked Death for Insurance Forced Her to Lie
- Everest Re to Release Q2 Results Today; Conference Call Details
- Opening of Willis Building in London Receives Royal Treatment
July 18, 2008
- China's CNinsure Expands into Jiangxi Province
- Schmalzriedt Named Chairman of Willis Re
- Czech Risk Management Association Joins FERMA
- JLT: New Approach to Tunnelling Paves Way for Growth
July 17, 2008
- Lockton's James Sees Bigger Role for Brokers as Risk Climate Worsens
- Zurich Eyes Latin America; Buys Majority Stakes in Brazilian Insurers
- Chessher Appointed CFO at Aon Limited and ARS UK
- Hickey, Gervang Join Wells Fargo International Insurance Group
July 16, 2008
July 15, 2008
July 14, 2008
- Willis Strengthens Presence in Hungary by Acquiring Joint Venture
- A.M. Best Affirms 'A' Rating of Lloyd's
- S&P Sees Continued Growth of Islamic Takaful in Risk Transfer Market
- HLA Becomes Wells Fargo Global Broker Network; Basso Named CEO
July 11, 2008
- Axis CEO Plans to Pass Baton When Contract Ends in 2013
- Zurich Acquiring 50% Stake in Spain's Banco Sabadell's Insurance
July 10, 2008
- World Trade Organization Mediators Report Progress in Negotiations
- India's WNS Buys Insurer Aviva's Business Process Offshoring Business
- S&P Rates Polish Insurer as Stable
- Guermonprez Named CEO of Aon France
July 9, 2008
- Axis CEO Sees Insurers' Returns Eroding; Plans Axis Expansion
- 2008 Catastrophe Losses Already Exceed 2007; On Track to Pass 2006
July 8, 2008
- China Approves Beijing Branch for AIG General Insurance
- European Union, India Support Including Insurance in World Trade Deal
- Munich Re of Africa Reports Premium, Profit Growth
- Navigators Group's New Stockholm Office Headed by Edstrom
July 7, 2008
- Reinsurer Ariel Seeks Investment Opportunities from Credit Crisis
- China Vows Safer Schools in Earthquake-Prone Areas
- World's Power Companies Undervalue Property up to 30%, Willis Report Finds
- China Online Insurance Company Approved for NASDAQ Listing
- Piller to Head Ironshore's New Excess Unit, IronSelect
July 3, 2008
- Willis Wins U.S. Approval for HRH Acquisition
- Lloyd's Dedicates Two Memorials to Honor War Dead
- OneBeacon Files $1 Billion Shelf Registration; S&P Assigns Ratings
- Marsh Receives Qatar License
- UK's Barbican Group to Use AIR's Cat Risk Management Systems
- Ariel Re Makes Executive Appointments
- ACE Europe Names Fox Development Manager for UK Regions
- Ratings: MS Frontier, PARIS RE RISC
July 2, 2008
- Hurricane Center Tracking 'Tropical Wave' in Atlantic Ocean
- White House Says G8 Can't Set Global Climate Goals Alone
- PricewaterhouseCoopers Survey Raises Questions on Enterprise Risk Management
- Willis Re Releases Annual Renewals Report
- S&P: Affirms QBE's Ratings; Praetorian Upgraded to Core Status
- S&P Puts Allied World On CreditWatch Negative after Darwin Deal
July 1, 2008
- Walter Bell Appointed to Bermuda Monetary Authority's Board
- Tokio Marine Seeks U.S., Europe Acquisitions
- Ironshore to Buy Lloyd's Pembroke; Best Sees No Rating Change
- Lloyd's on 'Rogue Traders'
- Swiss Re Places $150 Million Vega Securitization
- Bowring Marsh Formed to Handle Specialist International P/C Placements
- Fitch Places XL on Rating Watch Negative
- Benner Joins AXIS as Executive VP, Chief Investment Officer
- Ratings Recap: Allied World, Tokio Marine (Singapore), Al Fajer