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Jaffray: Names Having Their Last Day in Court
The last scene of the great Lloyd's tragicomedy is being played out in the Commercial Court before Mr Justice Cresswell. 220 Names are seeking to avoid pursuit by Lloyd's for debt by suing the Society for fraudulent misrepresentation.
01 May 2000
Low Frequency Radiation - High Frequency Litigation?
Studies have shown that up to 25% of office staff can be considerably affected by electro magnetic fields that emanate from work-place equipment such as computers to the extent that their working ability is seriously impaired. Of those employees a conside
01 May 2000
Drop the Pilot
The Insurance Insider launches a new column looking at some of the market’s specialist insurance classes. Unmanned aerial vehicles (UAVs), or ‘Drones’, are at the cutting edge of technological development in aviation, military and commercial fields. A
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
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
Dazzled by the Glamour
The London Market has not been a happy hunting ground for US life reinsurers writing workers’ compensation or Australian Catastrophe reinsurers in the last few years. But at least they can take succour that it’s not all one-way traffic. The London market’
01 May 2000
Does Internet Spell Disintermediation?
The website of Aon, the world’s second largest broker, is quite something. Not once is there any mention of either broker or broking. Aon, like its great rival Marsh, has seen the future and broking is a dirty word.
01 March 2000
Inside America - Night of the Living Dead?
Back in November, David Schiff assessed Reliance’s Unicover related problems Reliance Group Holdings and its primary subsidiary, Reliance Insurance Co, are in dubious financial condition. There’s a distinct possibility that Reliance Group might...
01 March 2000
Catastrophes Climb
Cats are up and it's official; 1999 was the second-worse year for insurance losses. In its 30th year of publication by Swiss Re, the latest Sigma report on major losses in 1999 paints a woeful picture of devastating natural catastrophes and expensive...
01 March 2000
Insider Vital Insurance Statistics
From consolidation to litigation After the breathing space afforded by the onset of the new millennium, consolidation is firmly and dramatically back on the insurance sector’s agenda. Almost simultaneously, CGU announced its £19bn deal with...
01 March 2000
Inside News
103 Gets The Bird As predicted in The Insurance Insider in our October 1999 edition, Transamerica Occidental Life has won its second PA LMX arbitration. Following on from its success with D&H/Chubb, the US reinsurer has avoided its reinsurance...
01 March 2000
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