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  • In the wake of the Market's endorsement of new standards, Ace and Brockbank lead underwriters demand improved broker performance on terms of credit. Others expected to follow suit… Forget all the talking up of rates over the twelve months. The most re
  • Public Relations Disaster Regular readers will be aware of Snide's less than complimentary views of the public relations industry, but until now he was always prepared to see a value, albeit limited, in their services. That has changed, of course, with
  • Stricken Bermuda based reinsurer ESG Re has seen its share price drop to a new low as its latest set of results bring further bad news. The leading article in The Insurance Insider's September 2000 edition, highlighted ESG Re's struggle to overcome it
  • Red faces at CGNU as Lloyd's burns the fingers of yet another corporate investor. Berkshire Hathaway is making quite a habit of helping CGNU shed the skins of its unwanted businesses, principally the property and casualty slough inherited from Commerc
  • The volume of capacity traded in this season increased with each auction, but still failed to match those traded in previous years, and unsatisfied sell orders continue to increase.
  • At last, the protracted sale of Lutine Life, the services company owned by five Life syndicates, is complete. St. Paul, owners of the managing agency controlling Life Syndicate 779, is paying £8mn. Each of the five member Syndicates (Chartwell 44, Wren 38
  • Goshawk Goshawk might look a tad on the small size when it comes to market capitalisation, but it's got quite an enviable advantage over virtually all of its bigger Lloyd's peers. All Lloyd's vehicles dream of owning 100 per cent of their managed capac
  • Since we began Schiff ’s Insurance Observer twelve years ago, we’ve generally maintained an attitude of skepticism. However, not wanting to be a stopped clock that’s right twice a day, we’ve tried not to let our skepticism turn into cynicism, tainting our
  • 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