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Insider Vital Insurance Statistics
Aegon Aegon’s chief executive Kees Storm has been busy quashing rumours that the company is about to join the bidding for US health insurer Aetna. ING is already talking to Aetna about buying its financial and international units but Allianz, Aegon, Am
01 August 2000
Risk based capital provokes new storm
Lloyd’s faces criticism for the loadings placed on syndicates Fresh from the Council of Lloyd’s announcement that underwriting ratios are to be reduced by 5% to 40% for all fund providers, and the abolition of “other personal wealth” provisions in the
01 August 2000
Deja Vu for A&H Market
Another ‘carve-out’ scandal unravels as CNA alleges mispresentation to rescind retrocessional contracts What is it about the accident and health market that keeps it in the headlines? With the Unicover workers compensation debacle still fresh in me
01 August 2000
Inside Film Finance - Insurers fight back
With losses estimated as high as £2bn, London Market insurers and reinsurers are alleging fraud and misrepresentation. George Bernard Shaw once turned down Sam Goldwyn’s offer of script writing by saying: “The trouble, Mr Goldwyn, is that you are only
01 August 2000
News Briefs
Environmental Concern ALARM the national forum for risk management in the UK public sector has raised five key concerns in its response to the European Commission’s White Paper on Environmental liability. While not specifically contesting ‘the polluter
01 July 2000
Looking into the sun? - By Bevis Marks
What with all the excitement and let down of the Asian Financial Crisis, many people working in marine insurance managed to forget for a few short years since 1997 that the shipping industry and the cargo producing industries are all tending to grow in an
01 July 2000
Trouble down under
Doors closing after the horse has bolted? In the wake of the Australian reinsurance market crash the regulators step in. This and other news from the Asian markets.
01 July 2000
A bit of writ action
The Insurance Insider details the claims behind Sphere Drake’s action against Euro international and Stirling Cooke Brown On the 29th of February this year a writ was issued by Sphere Drake Insurance against Euro International Underwriting (EIU), John
01 July 2000
Wasted Days and Wasted Nights - A. M. Best finally downgrades Reliance - but is the rating still too high? By David Schiff
The following article appeared in the June 12, 2000 issue of Schiff’s Insurance Observer Last Thursday afternoon, after trading had closed on the New York Stock
01 July 2000
Insider Vital Insurance Statistics
Allianz Price 3.13: P/E35: MCap E90087.56: 1 mnth perf -0.9%: 3 mnth perf -8.3% After being poked in the eye by bankers at Dresdner and Deutsche following their failed merger attempt, Allianz’s chairman, Henning Schulte-Noelle, sounded a touch glum
01 July 2000
Slow Start for the auctions
The first of six Lloyd’s capacity auctions was a sluggish affair It was a slow and entirely expected start to the annual Lloyd’s auctions, where the right to participate on Lloyd’s syndicates is bought and sold. The declining number of names and syndi
01 July 2000
Agents: Less is More?
As the number of agents continues to decrease the Insurance Insider analyses those that are left Sometime in the last 12 months, Hamden’s Tim Oliver had a change of mind. Only last Summer, Oliver was explaining in typically forthright fashion just why
01 July 2000
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