MGAs/MGUs [DEMO]

James Hunt Dixon - (Revisited Again!)

The former trustees of James Hunt Dix – David James, Alan Scattergood and Richard Allardyce – are confident that they will defeat any charges for mismanagement of the former Lloyd’s broker James Hunt Dix’s Pension fund. This follows the article in May’s

01 June 2000

The sins of the father

The collapse of Miles Smith Miles Smith, with its business specialities of professional liability, construction, professional indemnity and marine hull and machinery, was never a top-flight Lloyd’s broker. Its rather down at heel location just off Old

01 June 2000

Allianz makes waves with Britannia acquisition

Allianz acquisition of Tindall Riley is the latest installment in the shake-up in the marine world, reports Bevis Marks The talking point in recent weeks has been the proposed tie up between the management services company of Tindall Riley, who run

01 June 2000

Requiem for a heavyweight - The decline of Saul Steinberg and Reliance, by David Schiff

At the end of last month, Leucadia National announced a definitive agreement to acquire Reliance Group, the over-leveraged and questionably-reserved insurance holding company, in a bargain-basement stock transaction at a price approximating $2.55 per shar

01 June 2000

It's Life that you want

The RSA and the CG(N)U have pursued opposite strategies and so far it is the CG(N)U, with their emphasis on life insurance, which has received the plaudits. Will general insurance come to Mendelsohn’s rescue or – as most analysts suggest – is it time f

01 June 2000

Syndicate News

Chartwell’s 866 in cash call A chance of some finality at last for the names on Chartwell’s Syndicate 866 as the agents announce that the Syndicate will be closed directly into another Lloyd’s syndicate for its 1997 and 1998 years of account. 1997 and

01 June 2000

Investor confidence returns

It has not been the best of starts for the Bermudian Insurance industry but renewed investor confidence has enabled quoted stocks to recover much of the lost ground.

01 June 2000

Insider Dealings

The end of the tax year often spurs directors into share dealing, and this year proved no exception. The most enthusiastic was Independent duo Michael Bright and Phil Condon, who entered the market three times in March buying at £2.32, £1.93 and £1.92 (cu

01 May 2000

Insider Vital Insurance Statistics - Overseas Stocks

Aegon’s results were in line with expectations.The Dutch insurer said that net income had increased by 26% to E1.57bn and that growth had benefited from last July’s acquisition of San Francisco based Transamerica. But insurance analysts were disappointed

01 May 2000

Anything but the results

The vast majority of the UK’s insurers have now reported their end of year results, and few of the announcements held many surprises. Broadly speaking, general conditions remain tough and life business is where the real growth is to be found.

01 May 2000

Kidnap on the increase, says Hiscox

A new comprehensive survey has shown that world-wide kidnappings for ransom in 1999 reached a record peak. The number of reported world-wide kidnappings for ransom rose from the 1998 peak of 1,690 to 1,789 in 1999, a rise of 5.9%. 92% of those incident

01 May 2000

Depression deepens

Little good news to report, as rates remain sluggish and losses deepen, reports Bevis Marks March and April are the months when the traditional marine insurance market pauses to take stock of itself. The end of year season for hulls is over; the Clubs

01 May 2000