December 2001/1

Lloyd's insurer Goshawk is doubling its size and establishing a £100mn capitalised Bermudian reinsurer Goshawk Re to exploit the post 11 September market.

Fresh from its dispute with Lloyd's, Moody's has been attacked by Hannover Re after downgrading the reinsurer from Aa3 to A2.

Equitas are still facing a rising tide in asbestos claims according to their results for the first six months of 2001.

Unsurprisingly, syndicates specialising in aviation and property excess of loss have demonstrated the worst deterioration in forecasted results since the 11 September attacks, according to research by Leadenhall Insurance Consultants.

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

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

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

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