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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
Reaching the Limit
After numerous bids and counter bids Limit grudgingly plumps for QBE Well, Limit has certainly had an adventure. The embattled Lloyd’s vehicle had been desperately trying to deter the unwanted attention of Australian insurer QBE. Unfortunately the Aus
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
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
Inside Fraud - Insurance plays a secondary role in battle against fraud
Although corporate fraud is on the increase, insurance often plays little more than a secondary role with most organisations continuing to prefer self insurance or alternative risk transfer.
01 June 2000
Inside Film Finance
The descent into litigation and recrimination continues and it is AXA who is leading the charge. Much of the last issue of The Insurance Insider was dedicated to the latest batch of victims to fall prey to the madness of investing in films – London co
01 June 2000
Insider Vital Insurance Statistics
Aegon Price 38.30 P/E 30 Price/NAV 3.67 1 mnth perf -3.3% 3 mnth perf 14.9% Performance at the Dutch insurance giant Aegon still looks solid.When the company reported its full year results overall reported earnings were up by 26 per cent and the in
01 June 2000
CIGNA's sell-off continues
CIGNA’s decision to exit reinsurance is a blow to London CIGNA’s announcement last week that it is selling its US individual and group life reinsurance and US accidental death reinsurance businesses to Swiss Re’s Life Re and that its book of global ac
01 June 2000
Inside News
European reinsurers battered by storms. Eight sum insured losses of over US$1bn in 1999 have contributed to making the results of European reinsurance companies some of the worst ever. The year was notable for having the highest frequency of natural d
01 June 2000
London takes further steps towards integration
Just as Lloyd’s relinquishes its regulatory reigns over the market’s producers, it jointly proposes a radical shake up of the London market’s business standards with the IUA and LIBC. Although the measures have generated heated debate, the principles b
01 June 2000
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