November 22, 2005
Whether by intelligent design or natural selection, men – at least most men – are programmed to look at women. This assures increased species propagation and the ultimate survival of the human race. Quite naturally the more there is of …
November 21, 2005
New Bermuda Insurers Formed: As the proverb says: “It’s an ill wind that blows no man good.” Even Katrina, one of the “illest” winds of all time, has brought some good fortune to the reinsurance markets. No less than eight …
November 20, 2005
New Bermuda Insurers Formed: As the proverb says: “It’s an ill wind that blows no man good.” Even Katrina, one of the “illest” winds of all time, has brought some good fortune to the reinsurance markets. No less than eight …
November 15, 2005
Standard & Poor’s Ratings Services has issued a report – “Insurance Industry Risk Analysis: France (Republic of),” which indicates that the rating agency is “maintaining its stable outlook on the French insurance industry.” S&P said the stable outlook indicates that …
November 14, 2005
Germany’s Allianz had a very successful third quarter with net income up 70 percent to €794 million ($934 million) and €1.7 billion (2 billion) operating profit,” despite,” said the company’s bulletin “a net burden arising from natural catastrophes amounting to …
November 11, 2005
Paris: Somber, gray leaden skies cover Paris, as dignitaries gather to commemorate the 87th anniversary of the end of what the French call La Grande Guerre. The weather matches France’s somber mood at the moment, following the recent riots. Nevertheless …
November 11, 2005
Spokesmen for France’s insurance industry have indicated that it will speed up claims processing in order to pay for damages to vehicles and property resulting from the urban violence that has rocked France for over two weeks (See IJ Website …
November 10, 2005
Standard & Poor’s Ratings Services announced that it has assigned its preliminary credit ratings to the €200 million asset-backed floating-rate notes to be issued by FCC SPARC, an SPE, involving the securitization of certain risks on a defined motor insurance …
November 10, 2005
France’s AXA Group reported gross revenue increases in all of its business activities for the first 9 months of 2005. Highlights cited by the company in the report included the following: — Life & Savings new business increased by 8 …
November 9, 2005
A.M. Best Co. announced that it has affirmed the financial strength rating of “B++” (Very Good) and issuer credit rating of “bbb+” of France’s SCOR and its main subsidiaries (collectively referred to as SCOR Group). Best also said it has …