MGAs/MGUs [DEMO]

A Mixed Lot of Auctions

The volume of capacity traded in this season increased with each auction, but still failed to match those traded in previous years, and unsatisfied sell orders continue to increase.

01 November 2000

Speculate at Your Own Risk - David Schiff on E-Madness, Insurance Stocks, and Capital

Since we began Schiff ’s Insurance Observer twelve years ago, we’ve generally maintained an attitude of skepticism. However, not wanting to be a stopped clock that’s right twice a day, we’ve tried not to let our skepticism turn into cynicism, tainting our

01 November 2000

Yearning for Yen

Asia, in particular China, continues to be viewed by global insurers and reinsurers as the region most likely to provide growth in the longer term and help balance risk concentrations away from Europe and North America.

01 October 2000

A Very Dull Recovery

As another uneventful reporting season closes the industry continues to sit back and stare at the golden horizon of the long anticipated market recovery Now that another reporting period for the insurers has come and gone it’s always useful to glance

01 October 2000

It can only get worse...

Bevis Marks pays a visit to the annual meeting of the International Union of Marine Insurers and finds, under the surface of the up-beat theme, no real expectation that things will get better.

01 October 2000

Fraud, Failures and How to Avoid Them

Fraud is now big business. The Government estimates that fraudulent scams now cost the UK economy £16bn a year - £650 for every household in the country. The first six months of last year saw a six fold increase in the value of charges brought for major r

01 October 2000

Setting the Captives Free

PXRE’s future in Lloyd’s is called into question as stiff penalties over the management of its syndicates are imposed. It was with no small trumpeting of praise and self-congratulation that Lloyd's announced the formation of the first captive underwri

01 October 2000

Sterling Caught on Film Finance

More trouble for Sterling Underwriting Agency, following the revoking of its trading licence by Lloyds, as its Syndicates are named in a film finance law suit.

01 October 2000

Auctions Remain Depressed

Auction prices are still well below the level of preceding years with Auction 5 being the only one yet to see an increased volume traded. September saw two of the last remaining Lloyd’s capacity auctions to be held this season finish in less than a bl

01 October 2000

Quoted insurers unmasked

If the quoted ILV’s are to be taken seriously by investors then they should improve their reporting, says Laptop In the 2000 year of account, corporate capital provides over 70% of the underwriting capacity at Lloyd's. This amounts to £7.03mn, of whic

01 October 2000

Insider Vital Insurance Statistics

Britannic Britannic's intrinsic quality was again on display when the company announced its results at the end of August. Management at Britannic seem to demonstrate again and again that it's quite possible to squeeze astonishing levels of growth out o

01 October 2000

Inside News

AIG departure ignites speculation The succession issue at AIG, the uberinsurer dominated by the patriarchal presence of the 75-year-old Hank Greenberg, is taking on Elizabethan proportions.

01 October 2000