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  • The former darling of the city is looking lonely after under-reserving When even the house broker is forced to reduce its recommendation to a neutral, you know you are in trouble. Michael Bright, the outgoing chief executive of Independent Insurance P
  • Tax reform bolsters results but disappointment with Clarendon acquisition gives weight to the Cassandras. Hannover Re, the world’s fifth largest reinsurer, expects gross premium income to grow by 25 percent for 2000 to some €8.4bn. However, pre-tax inc
  • Lloyd’s have announced that the Market’s total loss for the 1998 underwriting year will be £1.06bn, with current projections for 1999 of £1.11bn.
  • Controversial film financier Flashpoint calls in administrators and admits to misusing insurers’ monies. S&P react with largest single downgrade of a European bond
  • The Insurance Insider profiles the world’s two biggest brokers, and discovers that the time is ripe for Aon to reign in its bête noire’s outperformance. Take two brokers of a similar size; the first with annual brokerage of $4.4bn, the second slightly
  • Flashpoint’s sister company British International Group claims to be a victim of forged Far East binders. In an exclusive investigation, The Insurance Insider investigates David Forrest’s unhappy involvement with the murky world of insurance con-men and c
  • P&I Club Renewals Readers of The Insurance Insider will perhaps recall previous issues which tended to probe around the edges of the marine liability world, looking at fixed premium market outfits which were looking to do more in this traditional world.
  • The legend goes like this: a man asked the omniscient J. P. Morgan what was in store for the stock market. “It will fluctuate,” was Morgan's self-evident, but wise, answer. This leads us to the question: what's in store for the insurance market? It
  • New impetus needed as Willis fails to match competitors’ growth The world’s third largest insurance broker Willis Group is preparing a summer shake-up that may result in a strategic tie-up with a US financial services group. As part of the move, they p
  • GISC: OFT OK ON F42 The General Insurance Standards Council, the new self-regulating body for UK insurance brokers, received a welcome boost after the Director General of the Office of Fair Trading found that their rules do not infringe the Competition