April 2004/1

Radical proposals designed to boost regulatory capital and improve financial strength ratings Lloyd's is planning to treble the size of the Central Fund to £2bn in an innovative scheme which involves a compulsory three-year rolling loan from all of its

WTC leaseholder Silverstein Properties and insurers led by reinsurance giant Swiss Re are litigating over which contractual wordings the various parties used in placing the building's insurance cover. This phase of the trial, which began on 9 February,

2003 preliminary results reflect excellent underwriting conditions Amlin posts 83% combined ratio Amlin announced a combined ratio of 83 percent (against 95 percent in 2002) and a 31 percent increase in gross written premium to £937.4mn for its 2003 y

Markel CEO and President Tony Markel has praised Lloyd's for reforms carried out since 2002, but has warned of the need for further change. Markel's comments came in a speech to a crowded Lloyd's library on 16 March, 2004, when he said he was encourage

Buffeted by a draconian restructuring programme and the departure of senior executives, UK broker Heath Lambert had some good news last month - in the shape of a number of new appointments and promotions to its regional and head offices. On 9 March Hea