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A Bird in the Quackenbush
Lloyd’s is accused of trying to bribe the disgraced former Californian Insurance Commissioner Chuck Quackenbush in helping fight aggrieved US names. The disgraced former Californian Insurance Commissioner is facing allegations that he covered up a $400
01 March 2001
Marsh vs Aon
The Insurance Insider profiles the world’s two biggest brokers, and discovers that the time is ripe for Aon to reign in its bête noire’s outperformance. Take two brokers of a similar size; the first with annual brokerage of $4.4bn, the second slightly
01 March 2001
Can Independent recover it's shine?
The former darling of the city is looking lonely after under-reserving When even the house broker is forced to reduce its recommendation to a neutral, you know you are in trouble. Michael Bright, the outgoing chief executive of Independent Insurance P
01 March 2001
Hannover's Clarendon 'Hangover'
Tax reform bolsters results but disappointment with Clarendon acquisition gives weight to the Cassandras. Hannover Re, the world’s fifth largest reinsurer, expects gross premium income to grow by 25 percent for 2000 to some €8.4bn. However, pre-tax inc
01 March 2001
£1bn loss for Lloyd's with worse to follow for 1999 underwriting year
Lloyd’s have announced that the Market’s total loss for the 1998 underwriting year will be £1.06bn, with current projections for 1999 of £1.11bn.
01 March 2001
Antwerp Re controversy deepens
The controversy over the Antwerp Re arbitration - where London Market reinsurers successfully avoided reinsurance exposure causing Antwerp Re's insolvency - has deepened with the development that some London Market reinsurers actually paid their share of
01 March 2001
Contingency market disarray
The London contingency market, which routinely attracts publicity for covering outlandish risks such as prize indemnity and sporting non-events, has itself been washed out by that double whammy of too many claims and too much capacity. The latest departur
01 March 2001
Charman Seeks Pastures New
A fall out with management has led to Charman’s shock resignation from ACE, one month after his promotion to Group President of ACE International The shock announcement that John Charman has left the global insurer ACE has led to fierce speculation ab
01 March 2001
Expect the Unexpected - A Brief Look at Extremes - InsWeb and Quotesmith Revisited
The legend goes like this: a man asked the omniscient J. P. Morgan what was in store for the stock market. “It will fluctuate,” was Morgan's self-evident, but wise, answer. This leads us to the question: what's in store for the insurance market? It
01 February 2001
Inside News
GISC: OFT OK ON F42 The General Insurance Standards Council, the new self-regulating body for UK insurance brokers, received a welcome boost after the Director General of the Office of Fair Trading found that their rules do not infringe the Competition
01 February 2001
Clubbed to Death? - February’s Marine Diary - By Bevis Marks
P&I Club Renewals Readers of The Insurance Insider will perhaps recall previous issues which tended to probe around the edges of the marine liability world, looking at fixed premium market outfits which were looking to do more in this traditional world.
01 February 2001
Willis Plans Summer Shake-up
New impetus needed as Willis fails to match competitors’ growth The world’s third largest insurance broker Willis Group is preparing a summer shake-up that may result in a strategic tie-up with a US financial services group. As part of the move, they p
01 February 2001
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