December 2001/1

Embattled Lloyd's insurer SVB are the latest carrier to increase their loss estimates to the 11 September attacks.

Speculation is mounting over the insurance industry's exposures to Enron - the giant US energy group that filed for bankruptcy protection last week. While initial fears concentrated on possible D&O and professional indemnity losses, concerns are rising ov

As widely predicted, Lloyd's increased its estimated net exposures to the WTC attacks by forty-five percent from £1.3bn to £1.9bn. As a consequence, the market has increased its estimated losses for the 2000 year from £0.7bn to £1.49bn. And increased its

Long term London market player, Copenhagen Re (Cop Re), the reinsurance subsidiary of Danish insurance group Alm Brand, has become the first major provider of Lloyd's syndicate reinsurance to succumb to the losses of the 11 September World Trade Centre at

Massive boost for Lloyd's, but Names can't benefit Stephen Catlin, the former dentist and chief executive of Catlin Underwriting Agencies Ltd, is negotiating a $750mn capital boost in Catlin Westgen Group Ltd, the holding company of Catlin Underwriting

The impending collapse of the Japanese backed Fortress Re pool with over $2.3bn liabilities has increased fears of bad debt in the international aviation market Anybody “that writes airline business will be affected by this, some in a very big way. Hun

Overseas investors form new association to demand radical change in the market's structure and cost base which could see the demise of traditional Names Heavyweight Lloyd's insurers are demanding that the market radically restructure, giving rise to fe

Gentlemen, I enjoy your publication and appreciate the general quality and forthrightness of the editorial; very refreshing and often enlightening. I regret therefore that I must take you to task over a very short insert in your latest issue.