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There are 65,128 results that match your search.65,128 results
  • Fraud, Failures and How to Avoid Them
    Fraud is now big business. The Government estimates that fraudulent scams now cost the UK economy £16bn a year - £650 for every household in the country. The first six months of last year saw a six fold increase in the value of charges brought for major r
    01 October 2000
  • A Very Dull Recovery
    As another uneventful reporting season closes the industry continues to sit back and stare at the golden horizon of the long anticipated market recovery Now that another reporting period for the insurers has come and gone it’s always useful to glance
    01 October 2000
  • Sterling Caught on Film Finance
    More trouble for Sterling Underwriting Agency, following the revoking of its trading licence by Lloyds, as its Syndicates are named in a film finance law suit.
    01 October 2000
  • Inside News
    AIG departure ignites speculation The succession issue at AIG, the uberinsurer dominated by the patriarchal presence of the 75-year-old Hank Greenberg, is taking on Elizabethan proportions.
    01 October 2000
  • Setting the Captives Free
    PXRE’s future in Lloyd’s is called into question as stiff penalties over the management of its syndicates are imposed. It was with no small trumpeting of praise and self-congratulation that Lloyd's announced the formation of the first captive underwri
    01 October 2000
  • Insider Vital Insurance Statistics
    Munich Re Like most other players in the market it's been a lousy year for Munich Re; in fact in 1999 the company suffered its worst year in reinsurance since being founded in 1880. A string of natural disasters have pushed claims to record levels and
    01 September 2000
  • Still Not Out of the Woods
    Apart from in isolated sectors, improving reinsurance rates have yet to make a meaningful impact at a direct level "This is not the end; this is not even the beginning of the end, but merely the end of the beginning," pronounced a defiant Winston Chur
    01 September 2000
  • Mega Members' Agents: A New Power To Be Reckoned With
    For the first time the prospect of people power has emerged at Lloyd’s following the proposed merger of Sedgwick Oakwood with Hampden; and Christie Brockbank Shipton(CBS) with the Amlin Members’ Agency. There are now 17 syndicates trading at Lloyd’s wh
    01 September 2000
  • Auction 3: Prices Depressed
    Auction 3 of Lloyd’s capacity brought little cheer as prices drop back to auction 1. In the third auction of the season, the amount of capacity traded remained roughly in line with auction two, but the average price fell back to the auction one price
    01 September 2000
  • Bankruptcy Ahoy! - Reliance’s Big Dividends
    On August 14, Reliance Group Holdings announced a second quarter loss of $504.5mn, reducing the company’s reported shareholders’ equity to $455mn (down from $1.03bn at year end). As of June 30, 2000, Reliance Group had $735.1mn of debt, including $237.5mn
    01 September 2000
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