Company Example A

Allianz makes waves with Britannia acquisition

Allianz acquisition of Tindall Riley is the latest installment in the shake-up in the marine world, reports Bevis Marks The talking point in recent weeks has been the proposed tie up between the management services company of Tindall Riley, who run

01 June 2000

Requiem for a heavyweight - The decline of Saul Steinberg and Reliance, by David Schiff

At the end of last month, Leucadia National announced a definitive agreement to acquire Reliance Group, the over-leveraged and questionably-reserved insurance holding company, in a bargain-basement stock transaction at a price approximating $2.55 per shar

01 June 2000

It's Life that you want

The RSA and the CG(N)U have pursued opposite strategies and so far it is the CG(N)U, with their emphasis on life insurance, which has received the plaudits. Will general insurance come to Mendelsohn’s rescue or – as most analysts suggest – is it time f

01 June 2000

CIGNA's sell-off continues

CIGNA’s decision to exit reinsurance is a blow to London CIGNA’s announcement last week that it is selling its US individual and group life reinsurance and US accidental death reinsurance businesses to Swiss Re’s Life Re and that its book of global ac

01 June 2000

Investor confidence returns

It has not been the best of starts for the Bermudian Insurance industry but renewed investor confidence has enabled quoted stocks to recover much of the lost ground.

01 June 2000

The sins of the father

The collapse of Miles Smith Miles Smith, with its business specialities of professional liability, construction, professional indemnity and marine hull and machinery, was never a top-flight Lloyd’s broker. Its rather down at heel location just off Old

01 June 2000

EMF - Shocking the market?

After asbestosis is there a new disaster lurking around the corner? Electromagnetic fields (EMF’s) have been hyped as the cause of a myriad of diseases, from brain tumours to breast cancer, science has not proved conclusively that the persistent use of co

01 May 2000

Low Frequency Radiation - High Frequency Litigation?

Studies have shown that up to 25% of office staff can be considerably affected by electro magnetic fields that emanate from work-place equipment such as computers to the extent that their working ability is seriously impaired. Of those employees a conside

01 May 2000

A Flash in the man

Former Lloyd's underwriter David Forrest has used his insurance savvy to promote Flashpoint to the premier league of film financing.But insurers retreat in the wake of market film losses - and the prospect of litigation - could cause problems. And not eve

01 May 2000

Depression deepens

Little good news to report, as rates remain sluggish and losses deepen, reports Bevis Marks March and April are the months when the traditional marine insurance market pauses to take stock of itself. The end of year season for hulls is over; the Clubs

01 May 2000

Company Example A

Company type

Miscellaneous

Major offices

Officers