Standard & Poor’s Ratings Services has assigned its ‘AA’ counterparty credit and insurer financial strength rating to German insurers DBV-Winterthur Lebensversicherung AG, DBV-Winterthur Krankenversicherung AG, DBV-Winterthur Versicherung AG, and DBV Deutsche Beamten-Versicherung AG with stable outlooks. “The ratings reflect our …
Bermuda-based Montpelier Re Holdings Ltd. announced that Gerald König, CEO of Montpelier Europa AG, has been appointed Head of Marketing for Europe and the Middle East, effective May 1, 2008. König joined Montpelier in August 2007 and is the former …
Capacity for aviation coverage appears to be increasing, but, as claims are also on the rise, the outlook for the year ahead is not one that is easy to predict. Aon aviation industry analyst, Magnus Allan, commented – in an …
The United States should build on the North American Free Trade Agreement by negotiating a new free trade deal with the 27 nations of the European Union, Republican presidential candidate John McCain said on Wednesday. “I am an unashamed and …
French President Nicolas Sarkozy and British Prime Minister Gordon Brown vowed to boost cooperation on the economy and immigration on Wednesday as Sarkozy began a visit aimed at improving awkward ties. Sarkozy, speaking of “Franco-British brotherhood”, said he would ask …
France’s AXA group announced that the Scientific Board of the AXA Research Fund has held a meeting, chaired by Ezra Suleiman, to approve the Fund’s scope of action as well as its financial support allocation processes. AXA established the €100 …
Santa Ana, Calif.- based ensurApet, Inc. has issued a bulletin, which notes that “health insurance for pets in the United Kingdom is growing at a record rate.” CEO, Russell Smith stated: “According to Mintel, a leading analyst firm whose U.K. …
Standard & Poor’s Ratings Services has revised its outlook on U.K.-based Novae – Syndicate 2007 to positive from stable. S&P also affirmed its Lloyd’s Syndicate Assessment (LSA) of ‘2+’ (high dependency) on the syndicate. The revision reflects S& P’s “expectation …
The European Union should speedily work out ways to help developing nations fight global warming to avert a “Catch 22” impasse that could brake action worldwide, the U.N.’s top climate change official said on Monday. “This is a priority that …
France’s AXA Group reported strong results for 2007. The earnings release cited the growth in underlying earnings up 27 percent to €4.963 billion [$7.5 billion] (up 15 percent on a comparable basis). Adjusted earnings up 22 percent to €6.138 billion …
