MGAs/MGUs [DEMO]

Forward into 2001

The market turn that was expected to bring profitability to the 2000 year of account has been unavoidably delayed by the failure of market forces to react as Lloyd's watchers thought they should. We are about to suffer four losses in a row which might hav

01 February 2001

Reinsurers successfully avoid Antwerp Re claim

London Market reinsurers benefit from strict interpretation of rules, but leave arbitrators uneasy over their tactics. Arbitrators have expressed their disappointment at a group of London Market underwriters after they relied on a technical non-disclo

01 February 2001

Not All Plain Sailing

Bevis Marks starts his 2001 marine diary and finds that despite optimism over hardening rates there may still be tough times ahead for the marine market

01 January 2001

Lloyd's Stocks Boosted

Further consolidation expected as the fortunes of the quoted Lloyd’s insurers’ improve With a total market capitalisation of around £2bn, it is absurd to talk about the dozen quoted Lloyd's stocks as a “sector” (by way of comparison SVB, the largest qu

01 January 2001

Inside Letters - Who Dade’s Wins

Dear Sir, The two candidates for the single external vacancy on the Council are both writing multi-million pound lines for 2001; and are, or have been, well entrenched within the Lloyd's self-regulatory establishment. Lady Delves Broughton (Lloyd's 197

01 January 2001

Kelly triumphs in Council Election Farce

Paul Kelly, the former merchant banker, has won comfortably the only contested seat in the most controversial Lloyd's Council election for many years. Kelly defeated veteran Names campaigner Lady Rona Delves Broughton after the powerful support of the Ass

01 January 2001

Dwindling Options For Names

Laptop asks whether Names are still able to write a spread book at Lloyd’s and (again) calls for improved methods of business classification The opportunity for Bespoke Names to minimise their risk through a properly spread book has shrunk to worrying

01 January 2001

Inside News

ACE/Cigna $218mn wrangle The glamorous game of mergers and acquisitions is not without its risks, as the recent dispute between ERC Frankona and BAT (British American Tobacco) over its 1998 purchase of Eagle Star Re demonstrates. Buyers often find that

01 January 2001

Dollar Bills For 70 Cents

InsWeb and Quotesmith - Venture Capital Bargain Basement In our March 1999 issue we published “How To Influence People and Sell Insurance - Awful Disclosure: The Annals of Misleading Disclosure.” Based on the lack of feedback from subscribers, we've co

01 January 2001

Insider Dealings

The recent Improvement in share prices has seen a return to buying by Market Insiders Confidence has returned to the directors of the insurance sectors’ quoted companies. Boosted by signs of a strong rating recovery in most business classes, insiders h

01 January 2001

A Whiter Shade of Pale?

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

01 December 2000

ESG Re - visited

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

01 December 2000