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  • BF Caudle reduces 2003 capacity by 9 percent
    Retro expert BF Caudle’s future was strengthened last month by a £30mn injection into its capacity provider Advent Capital Holdings Ltd by Fairfax and Zenith, but the Lloyd’s insurer is still reducing its 2003 underwriting.
    01 October 2002
  • Lloyd's Syndicate 2000 and 2001 forecast results
    Estimates for the forecast results of Lloyd’s syndicates in the 10th quarter of the 2000 underwriting year have shown few significant deviations from expected results. Only 12 out of 130 results have shown any increase over estimates on the 9th quarter, b
    01 October 2002
  • Aon's Charman legacy
    Neil Strong joins Willis after a hellish summer defending Aon’s practices in placing John Charman’s whole account reinsurance programme
    01 October 2002
  • Murphy leaves Abacus to join Brit
    John Murphy, the underwriter of Abacus’ Syndicate 2525, is to form a new operation with rival managing agency Brit.
    01 October 2002
  • In the Limelight - Snide casts his caustic eye over the market
    Good things come to he (or she) who waits There is an e-mail doing the rounds that purports to be a verbatim excerpt from the transcript of the cross examination of former HIH chief executive Ray Williams. Snide - being a persistent little fellow - sp
    01 September 2002
  • Allianz - $750m asbestos reserve increase follows profits warning
    Allianz, Europe's largest insurer, will inject $750mn into its US subsidiary Fireman’s Fund to cover asbestos-related claims, doubling its reserves to $1.51bn.
    01 September 2002
  • European insurers - failing to impress
    The share prices of European insurers are tumbling as investors get the jitters over a series of worsening results and balance sheet strengthening capital raising exercises.
    01 September 2002
  • Lloyd's reforms vote: Everybody wins
    Or do they? A failure to compromise on wordings may lead to further disputes. In the meantime, the franchise model rolls on. In the cynical world of modern politics, it’s not unheard of for more than one side to claim victory and so it proved at the re
    01 September 2002
  • R&SA removes CEO
    Bob Mendelsohn the embattled chief executive of Royal & Sun Alliance has been “ousted” from his position as the insurer manoeuvres for its rumoured forthcoming rights issue.
    01 September 2002
  • Aon's results dip but resolves SEC "comments"
    Shares in the world's second largest broking group, Aon, collapsed after the firm revealed below consensus earnings and details of an SEC enquiry into the firm's accounting practices. Excluding special charges, Aon's second quarter earnings would have bee
    01 September 2002
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