International News
News for December 2008
December 31, 2008
- Climate Change Raises 2008 Cat Losses to $200 Billion Says Munich Re
- Association of British Insurers Warns of Increasing 'Front End Fraud'
December 30, 2008
- Catastrophe Losses Up 7% in 2008, Making It One of Costliest Years for Insurers
- Munich Re 2008 Catastrophe Report Cites Role of Climate Change
- Steamship Mutual Launches Crew Pre-Employment Medical Exam
December 29, 2008
- Best Sees No Rating Change for Munich Re from HSB Acquisition
- Ratings Roundup: Starr Insurance, Temple
December 23, 2008
- Marsh Expects Rise in UK Fraud Insurance Coverage
- Ratings Recap: Aspen, Munich Re (Malta), Qatar, Nissan, CMI, Takaful, Int'l.
- Ratings II: Zurich (Spain), HDI (Italy), National Grid, Cat Bonds of Ajax, Carillion, Newton
December 22, 2008
- Swiss Re Signs $1.5 Billion Letter of Credit with JP Morgan
- Best Affirms/Downgrades Swiss Re's Ratings; Revises Outlook
- S&P Puts Everest Re and Subs Ratings on CreditWatch/Negative
December 19, 2008
- Canada's Maple Leaf Reaches Deal to Settle Listeria Lawsuits
- Ratings Roundup: Validus Re, IPC Re, Meritz
December 18, 2008
- 'Watchdogs' Tout Reinsurance Early Warning System
- Swiss Re Study: 238,000 Dead, Losses $225 Billion from 2008 Catastrophes
- Willis P&I Review Finds Global Economic Crisis Hits Clubs' Reserves
- S&P: Outlook on White Mountains Primary is Negative; Reinsurers Stable
- Best Affirms Sompo's Ratings; Upgrades U.S. Subsidiaries
- Fitch Lowers XL Ratings to 'BBB+'
- Ratings: Imagine, New Castle Re, E+S Re, Ship Owners, Labuan Re, Dongbu, Lemma, Scandinavian
December 17, 2008
- Aon Highlights 'Emerging Risks' for UK Businesses
- Ace Strengthens Environmental Team as UK to Implement New Legislation
- Willis to Work with Non-Exec. Directors Association on Liability Exposure
- Ratsma Joins Marsh Business Continuity, Disaster Recovery Team
- S&P Affirms Insurance Australia Group's Ratings; ERM is 'Strong'
December 16, 2008
- UK Accountants Could Face Legal Actions, Higher Premiums, Says Marsh
- S&P Lowers XL and Operating Companies Ratings; Outlook Negative
- Ratings Recap: Exporters, MICO, Jupiter
December 15, 2008
December 12, 2008
- EU Edges Closer to Climate Change, Stimulus Deals
- Best Affirms Zurich Ratings; Revises Outlook to Stable
- Best Affirms Max Capital Ratings; Revises Outlook to Positive
December 11, 2008
- International Union of Marine Insurance Issues New Piracy Warning
- Willis Research Scientists Unveil 'Groundbreaking' Hurricane Models
- S&P Finds European Insurance Holds Up Despite Market Conditions
- S&P Affirms ING Ratings; Outlook Revised to Negative
December 10, 2008
December 9, 2008
December 8, 2008
- 'Made in China' Label Battered by Product Contamination Scandals
- Irish Pork Recalled in Dioxin Scare
- S&P Affirms Allianz Mexico Ratings; Outlook Stable
- Ratings Recap: HDI (Italy), Provident, Polish Re, Arab Insurance Group
December 5, 2008
- Foreign Companies Review Security after Mumbai Attacks
- Marsh Warns EU Companies of E&O Risks from Chemical Regulations
- Nissan to Recall Nearly 430,000 Vehicles Worldwide
December 4, 2008
- Aon Launches 'Loss of Earnings' Piracy Insurance Policy
- Fitch Announces Rating Actions on AIG's Latin American Subsidiaries
- Ratings Recap: China Ins (NZ), Wagram (EDF), Ecclesiastical, Ansvar, Russian Re, ZEP Re
December 3, 2008
- UK's Chartered Insurance Institute to Hold Counter Terrorism Workshop
- Best Affirms Amlin and Lloyd's Syndicate 2001 Ratings
December 2, 2008
- Insurers Ponder Risk of Encouraging Trees to Fight Global Warming
- Crawford to Pilot UK's Chartered Insurance Institute Program
- Partner Re Raises Ike Loss Estimates
- S&P Raises Hiscox (UK) Ratings to 'A'; Assigns Stable Outlook
- Ratings Recap: Eureko, Steamship, QBE (Notes), SOLID
December 1, 2008