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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
  • 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
  • The embittered Jaffray Names vow (again) to continue their fight against Lloyd’s and ‘The Establishment’ and have set their sights to Europe for salvation, according to Marcus Scriven. A line has been drawn in the sand. It's the end of a chapter - a m
  • With its stock down almost 70 percent since March, US broker E W Blanch is facing an uncertain future, as does its recent purchase Lloyd's Broker Crawley Warren. Reporting a net loss for its third quarter 2000 results, E W Blanch announced that it was
  • The lack of standardisation, or perhaps the very individualism that Lloyd's is famous for, in the market anyway, has been highlighted by the recent acrimony caused by D J Newman's Syndicate 1218 when they issued Notices of Cancellation on every North Amer
  • 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
  • Oh, to be a recruitment consultant. The belief that rates are returning towards levels of probity and - more crucially - the corrosive effect of three years of masochistic underwriting is causing a profound shake-up. As the market jostles for starting pos