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Dennis Is First Hurricane of the Season; On Course towards JamaicaAs expected, tropical storm Dennis became Hurricane Dennis yesterday, July 6, when wind speeds exceeded 72 mph (115 km/hr). The storm is currently a category 1 hurricane packing maximum sustained wind | Best Upgrades AXA Re, Subs RatingsA.M. Best Co. announced that it has upgraded the financial strength rating to "A" (Excellent) from "A-" (Excellent) and the issuer credit rating to "a" from "a-" of AXA Re (France), AXA Re Asia Pacifi | ACE Appoints Bonneau Global Re Exec; Furby as Europe HeadBermuda-based ACE Limited has announced that Jacques Bonneau, CEO of ACE Tempest Re USA, has been appointed President & CEO of the ACE Tempest Re Group. He will be based in Bermuda and report to Ace P | ACE Tempest Re Appoints Wixtead CEO of Tempest Re USAIn a separate announcement the ACE Tempest Re Group, the global reinsurance operations of the ACE Group of Companies, announced that James Wixtead has been appointed CEO of ACE Tempest Re USA, ACE's S | SOX Debate Must Go On Despite Insurers' Protests, Va.'s Gross InsistsThe debate over insurance company financial reporting should center on the value of what is reported and the effort to change the rules must go on despite opposition by some, according to the state in |
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