FINITE REINSURANCE
Max Re Capital Ltd. to Establish a U.S.-Based Excess and Surplus Lines Platform to Be Headed by Stephen J. Vaccaro, Jr. Business Wire via Yahoo! Finance HAMILTON, Bermuda----Max Re Capital Ltd. today announced plans to establish a U.S.-based excess and surplus lines platform that will complement the company's existing insurance and reinsurance operations based in Bermuda and Dublin, Ireland. New Dynamics in Reinsurance Transactions PR Newswire via Yahoo! Finance The following press release is being issued by Andrew Barile Consulting Corporation, Inc.: 100 Influentials List 2006 HispanicBusiness.com David V. Aguilar Chief of Border Patrol U.S. Customs and Border Protection As the nation's highest-ranking Border Patrol officer since May 2004, Chief Aguilar directs the enforcement efforts of more than 12,000 Border Patrol agents nationwide, stepping into a post-9/11 atmosphere of heightened security and immense pressure to protect U.S. borders. RenRe’s ratings raised The Royal Gazette RenaissanceRe Holdings Ltd. and its operating subsidiaries have had their financial strength and issuer credit ratings boosted by ratings agency A.M. Best. Admiral Group extends coinsurance contract; signs reinsurance contracts UPDATE Sharewatch LONDON (AFX) - Admiral Group, the UK-based motor insurer, said in a statement today that it has extended its long-term coinsurance arrangement with Great Lakes Reinsurance, a subsidiary of German reinsurance giant Munich Re. AFX UK Focus 2006-12-07 09:00 GMT: Admiral Group extends coinsurance contract; signs reinsurance contracts UPDATE Interactive Investor (Adds further detail, analyst comment, share price, background) More Top Stories Business Insurance SCHAUMBURG, Ill.—Zurich American Insurance Co. has finalized settlements with 11 states and the District of Columbia, agreeing to pay at least $141.8 million to resolve allegations of bid rigging, price fixing and misuse of finite risk products. Moody's changes Fairfax outlook to stable Investment Executive Moody’s Investors Service has changed the rating outlook for Fairfax Financial Holdings Ltd.’s Ba3 senior debt rating and TIG Capital Trust I’s (TIGCT) B2 preferred stock rating to “stable” from “negative”. At the same time, Moody’s affirmed each entity’s ratings. Max Re Capital Ltd.'s Executives to Speak at NASDAQ's 18th Investor Conference PR Newswire via Yahoo! Finance Max Re Capital Ltd. today announced that W. Marston Becker, Chairman and Chief Executive Officer, and Keith S. Hynes, Executive Vice President & Chief Financial Officer, will speak at 8:00 a.m. at the NASDAQ's 18th Investor Conference being held at The Renaissance Chancery Court Hotel, High Holborn, London, UK on December 7, 2006. FSA fines GenRe UK £1,225,000 for reinsurance failings Money Marketing Online The FSA has fined General Reinsurance UK £1.225m for arranging two improper reinsurance actions.
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