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  • Déjà vu - all over again Brian Pomeroy and Rosalind Gilmore are no doubt feeling an uneasy sense of déjà vu. At Lloyd's they are known for being two of the worthy members of the Prudential Supervisory Committee, the body responsible for the implementat
  • RSA and CGNU handled the recent floods with aplomb, but will they and smaller insurers find themselves suffering after the latest storms? Loss assessors are an unreliable bunch. Take the dreadful flooding that in England's south east recently; before
  • Laptop takes a look at investments at Lloyd’s and the recent trend of working capital cash calls, and argues for a review of procedures In closing the 1997 account on the 31st December 1999 Lloyd syndicates used £849mn of their premium income to boost
  • Unicover, the workers compensation debacle responsible for hundreds of millions of losses to a wide selection of brokers and reinsurance companies, continues to cause problems for those involved.
  • Omega completes 529 acquisition Lloyd's managing agency Omega Underwriting Agents, who manage the non-marine Syndicate 958, are to takeover the business of troubled Syndicate 529, subject to final approval by the Lloyd’s regulators. This follows the
  • There may be a time - in the not so distant future - when the property/casualty market returns to its senses; Snide sincerely hopes so. However a failure to confront the issues that determine the market's future will only render it 'non compos mentis' for
  • Bevis Marks pays a visit to the annual meeting of the International Union of Marine Insurers and finds, under the surface of the up-beat theme, no real expectation that things will get better.
  • Auction prices are still well below the level of preceding years with Auction 5 being the only one yet to see an increased volume traded. September saw two of the last remaining Lloyd’s capacity auctions to be held this season finish in less than a bl
  • Asia, in particular China, continues to be viewed by global insurers and reinsurers as the region most likely to provide growth in the longer term and help balance risk concentrations away from Europe and North America.
  • If the quoted ILV’s are to be taken seriously by investors then they should improve their reporting, says Laptop In the 2000 year of account, corporate capital provides over 70% of the underwriting capacity at Lloyd's. This amounts to £7.03mn, of whic