December 2000/1
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The 1998 and 1999 mid-point results for Syndicates look as disappointing as expected, but capital has flowed in for 2001 on the back of the hardening market
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Floods, Floods Glorious Floods - Royal & Sun Alliance See A Silver Lining To All Those Rain Clouds One would think that the worst flooding to hit the UK for half a century would be a source of misery for Royal & Sun Alliance. After all it's Britain's s
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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
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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
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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
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Public Relations Disaster Regular readers will be aware of Snide's less than complimentary views of the public relations industry, but until now he was always prepared to see a value, albeit limited, in their services. That has changed, of course, with
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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
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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
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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
