International News
News for October 2008
October 31, 2008
- Credit Crisis Hits Europe: Coface Lowers UK, Ireland, Iceland Ratings
- Piracy Attacks Boost Demand for Kidnap & Ransom Coverage
- Aspen Posts $116.7 Million Q3 Loss; $91.4 Million 9 Month Profit
October 30, 2008
- Climate-warming Methane Levels Rose Fast in 2007
- S&P Affirms AEGON's Ratings
- Ratings: Max Capital, Flagstone Re (Africa), VIG RE, Alliance, Syndicate 1414
- Ironshore's President, Chief Underwriter Resigns
October 29, 2008
- Canada Insurance Regulator Eases Capital Guidelines
- ACE Limited Q3 Net Income Drops 92% to $54 Million
- Zurich Estimates Gustav, Ike Claims at Around $600 Million
- Axis Capital Reports $249 Million Q3 Net Loss; $161 Million Operating
- RenaissanceRe Reports Q3 Net Loss of $231; $143.4 Million Operating Loss
- S&P Affirms Hannover Re's 'AA-' Ratings and Stable Outlook
October 28, 2008
- Reinsurers Expect Financial Storm Will Cause Premium Increases
- RenaissanceRe to Release Q3 Results Today; Conference Call Details
October 27, 2008
- Belgium's KBC to Get $4.4 Billion Government Injection
- International Research Program Releases Call for Papers
October 24, 2008
- Arch Capital Q3 Underwriting Loss $38.5 Million; $26.4 Million Net Income
- Montpelier Re Q3 Operating Loss $55 Million; $142 Million Net Loss
- S&P Says QBE, PMI Australia Ratings, Outlooks Unchanged
October 23, 2008
- Haiti Hurricane Damage Estimated at $1 Billion
- Arch Capital to Report Q3 Results Today; Conference Call Details
- Montpelier Re to Release Q3 Earnings Today; Conference Call Details
- Ratings Roundup: CIBC Re, Exporters, Kenya Re, CISL
October 22, 2008
- Everest Re Reports $233 Million Q3 Net Loss; $2.2 Million for 9 Months
- Platinum's Q3 Earnings Report Shows $45 Million Net Loss
- Chaucer's Gustav/Ike Losses at $55 Million; Investment Loss $47 Million
October 21, 2008
- Lloyd's Estimates Gustav/Ike Net Claims at Around $2.34 Billion
- Endurance Issues Preliminary Q3 Earnings Analysis
- Platinum to Report Q3 Earnings Today; Conference Call Details
- Everest Re to Hold Q3 Earnings Conference Call Today
October 20, 2008
October 17, 2008
- AIR Tracks Hurricane Omar
- Marsh Warns Economic Slowdown Increases Supply Chain Risk
- Catlin Issues Ike/Gustav and Investment Loss Estimates
- Best Comments on XL's Preliminary Q3 Results
October 16, 2008
- Unlike Banks, German Insurers Unlikely to Need Government Cash
- Collins, Especializada Re Form Brazil Partnership
- Correction on ACE Limited Preliminary Q3 Earnings
October 15, 2008
October 14, 2008
- RMS to Provide Data for 'Specialist Climate Change Research'
- Marsh Urges 'Smarter Risk Management' to Beat Credit Crunch
- Everest Re Gives Preliminary Q3 Estimates; $246 Million Capital Loss
October 13, 2008
- AIR Describes Hurricane Norbert's Passage over Baja California, Mexico
- ACE Announces Preliminary Q3 Earnings; $1.5 Billion Capital Loss
- XL Gives Preliminary Q3 Estimates; Conference Call Details
- Aspen Says Ike/Gustav Losses at $155 Million; Investments at $47.4 Million
- PartnerRe Releases Preliminary Q3, 9-Month Financial Figures
- Ratings: AMI, Cattolica, Seguros ING, BNY
October 10, 2008
- Validus Estimates Ike/Gustav Losses at $185 Million
- ACE Bermuda Increases Capacity for Core Excess Liability Product
- Best Lowers Debt Ratings on 3 Lehman-linked Cat Bonds
October 9, 2008
October 8, 2008
- Endurance Releases Hurricane, Financial Loss Estimates
- CCRIF Pays Turks and Caicos $6.3 Million in First Hurricane Recovery
October 7, 2008
October 6, 2008
- Bermuda (Re)-Insurers Report Hurricane and Investment Losses
- Marsh: Top 100 UK Law Firms Pay Less for E&O than Smaller Firms
October 3, 2008
- Analysts Say Zurich in Good Shape Despite Writedown
- XL Gustav, Ike Losses $195 to $270 Million; Minimal Investment Loss
- ACE Estimates Gustav, Ike Losses at Around $315 Million
- Zurich's 'Impairment' from Sigma Default $275 Million; WaMu $45 Million
- Ratings Recap: Flagstone Re, Lehman Re, Lonpac, Allianz Suisse, Sunderland Marine, Ansvar