France’s SCOR Group announced that Henry Klecan Jr. has been appointed President & CEO of SCOR US at a Board of Directors’ meeting held on November 18, 2003. The company also took issue with yesterday’s announcement by Fitch Ratings that …
Germany’s Allianz Group bounced back from a series of losing quarters to record a 421 million euro ($498 million) overall group profit for the first nine months of 2003. Total premium income rose 9.1 percent during the period -adjusted for …
A.M. Best Co. announced that it has affirmed the financial strength rating of A+ (Superior) of Assurances Generales de France (AGF) and its core subsidiaries, with a negative outlook. “The rating reflects AGF’s core status to its ultimate parent, Allianz …
Oct. 27 was supposed to be the “day of decision” for the French Government to sign (or not sign) an agreement, reached between the U.S. Attorney General’s (AG) Office in Los Angeles and representatives of Credit Lyonnais (CL) and other …
France’s SCOR Group, the world’s seventh largest reinsurer, announced a nine-month loss of 349 million euros ($400 million), prompting both A.M. Best and Moody’s to place their ratings on the company and its subsidiaries under review. Best said it had …
The second ever bi-annual conference of the Federation of European Risk Management Associations (FERMA), held Oct. 5 – 8 in Rome, Italy, featured presenters and workshops that highlighted both the similarities and the differences between the U.S. and the European …
The second ever bi-annual conference of the Federation of European Risk Management Associations (FERMA), held Oct. 5 – 8 in Rome, Italy, featured presenters and workshops that highlighted both the similarities and the differences between the U.S. and the European …
A year ago the reinsurance world had an optimistic side most companies had survived their exposures to 9/11 and premiums were rising. A pessimistic side reflected a 25 percent decline in capacity, thus limiting new business opportunities. Now, as the …
Oct. 27 was supposed to be the “day of decision” for the French Government to sign (or not sign) the agreement, reached between the U.S. Attorney General’s (AG) Office in Los Angeles and representatives of Credit Lyonnais (CL) and other …
A year ago the reinsurance world had an optimistic side most companies had survived their exposures to 9/11 and premiums were rising. A pessimistic side reflected a 25 percent decline in capacity, thus limiting new business opportunities. Now, as the …
