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News (as sourced by BestWire News)

The following news stories cover the European market as followed by our BestWire news service. Complete access to the articles listed below is available to subscribers of our BestWeek news publication.

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BestWeek: State Legislators Try to Fend Off Federal Regulatory Effort: The members of the National Conference of Insurance Legislators have been drawing a line in the sand, trying to mark what they contend is appropriate ...
Date: 11/20/2009    Source: BestWire
A.M. Best Affirms Ratings of Mondial Assistance International AG and Jefferson Insurance Company: A.M. Best Co. has affirmed the financial strength rating (FSR) of A (Excellent) and the issuer credit rating (ICR) of “a+” of Mondial Assistance International ...
Date: 11/20/2009    Source: BestWire
Tokio Marine Forms Its Second India Joint Venture: Tokio Marine Holdings Inc. [50962] has entered into a joint venture with Edelweiss Capital Ltd., an Indian financial services company, to form an insurance ...
Date: 11/20/2009    Source: BestWire
CRM Holdings Leads Thursday's AMBG as Global Insurance Index Declines 1.73%: The AMBG closed Thursday, Nov. 19 at 801.50 (-1.73%). All 15 A.M. Best stock indexes declined. Leading A.M. Best's Global Insurance Composite Index (AMBG) was ...
Date: 11/20/2009    Source: BestWire
BestDay Audio for Friday, Nov. 20: Hawaii Captives Administrator George W. Sumner III; Willis Re's James Vickers on Renewals: BestDay Audio for Friday, Nov. 20: George W. Sumner III, Hawaii's newly appointed captive insurance administrator and deputy insurance commissioner, discusses ...
Date: 11/20/2009    Source: BestWire
BestDay Video for Friday, Nov. 20: Cat Bonds Are Growing: BestDay Video for Friday, Nov. 20: Senior Associate Editor Meg Green discusses her Best's Review article where she reports the catastrophe bond market has come ...
Date: 11/20/2009    Source: BestWire
A.M. Best Releases Special Report on Liquidity Analysis: A.M. Best Co. has released a special report titled, “Liquidity Analysis in the Context of a Global Recession,” which describes how A.M. Best evaluates ...
Date: 11/19/2009    Source: BestWire
Ironshore Continues Expansion, Enters Canada, Aviation Markets: Specialty insurer Ironshore Inc. has announced two more expansion efforts as it continues to diversify its global business profile and product ...
Date: 11/19/2009    Source: BestWire
Marine Insurers to Face Rising Tide of Pirates, Theft and Trade Restraint: Piracy, cargo theft and protectionist trade practices are on the short list of the most significant issues, other than the global economy, set to affect the ...
Date: 11/19/2009    Source: BestWire
A.M. Best Assigns Rating to Transatlantic Holdings, Inc.’s Senior Notes: A.M. Best Co. has assigned a debt rating of “bbb” to the recently issued $350 million 8.00% senior unsecured notes due 2039 of Transatlantic Holdings, Inc. ...
Date: 11/19/2009    Source: BestWire
Kingsway Financial Services Leads Wednesday's AMBG as Global Insurance Index Rises 0.17%: The AMBG closed Wednesday, Nov. 18, at 815.63 (+0.17%). Of the 15 A.M. Best stock indexes, eight rose and seven declined. Leading A.M. Best's Global Insurance ...
Date: 11/19/2009    Source: BestWire
Willis Works Out Ownership Deal with France's Gras Savoye: Willis Group Holdings Ltd. said it and the original family shareholders of French insurance broker Gras Savoye & Cie. have signed an agreement with Astorg ...
Date: 11/19/2009    Source: BestWire
Eastern Insurance Holdings Leads Monday's AMBG as Global Insurance Index Declines 0.55%: The AMBG closed Tuesday, Nov. 17 at 814.24 (-0.55%). Leading A.M. Best's Global Insurance Composite Index (AMBG) was Eastern Insurance Holdings Inc. (+4.95%). ...
Date: 11/18/2009    Source: BestWire
IndiaFirst Life Insurance Cleared for Operations in India: IndiaFirst Life Insurance Co. Ltd. said it has received approval from the Insurance Regulatory and Development Authority of India to operate in the country ...
Date: 11/18/2009    Source: BestWire
Fortis Sees Nine-Month Profit on Insurance Gains: Belgian financial services group Fortis claimed a solid performance in the first nine months of the year, as its core insurance operations posted a profit and ...
Date: 11/17/2009    Source: BestWire
BestDay Audio for Tuesday, Nov. 17: JLT's Alistair Lockhart-Smith on U.K. Renewals; Efstathios Michael on Exxon Valdez Payments: BestDay Audio for Tuesday, Nov. 17: Alistair Lockhart-Smith, managing director of JLT Reinsurance Brokers Ltd. in London, discusses the prospects for January ...
Date: 11/17/2009    Source: BestWire
Kingstone Cos. Inc. Leads Monday's AMBG as Global Insurance Index Rises 1.32%: The AMBG closed Monday, Nov. 16, at 818.73 (+1.32%). All 15 A.M. Best stock indexes rose. Leading A.M. Best's Global Insurance Composite Index (AMBG) were ...
Date: 11/17/2009    Source: BestWire
Marine Insurer Galatea Rebrands as Travelers: Specialist marine underwriting agency Galatea has been rebranded as the Travelers Underwriting Agency Ltd. This follows Travelers' acquisition of ...
Date: 11/16/2009    Source: BestWire
Amlin Sees 52% Rise in Third-Quarter Premiums: Lloyd's insurer Amlin has announced that it had a good third quarter of 2009, with gross written premiums totalling 1.37 billion pounds (1.537 euros), an ...
Date: 11/16/2009    Source: BestWire
Key Brokers Support Lloyd's Exchange Service: Insurance brokers Aon Corp., Marsh Inc. and Willis Group said they are supporting the latest push by Lloyd's to modernize its insurance market. According to ...
Date: 11/16/2009    Source: BestWire
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