MGAs/MGUs [DEMO]

King John

From Lloyd’s to the glamour of Bermuda, John Cackett has had a personally rewarding career. But his involvement in Lloyd’s PA spirals, the Unicover pools and the brewing ships crews fiasco, must mean his reign is close to an end. From fairly humble or

01 August 2000

Inside News

Concorde Air France The devastating crash of the Air France Concorde, flight AF4590, shortly after take off from Charles De Gaulle Airport looks set to generate large liability claims. Air France has already announced that it will pay an advance of FF1

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

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

Inside News

Frankel: extradition delayed by court appearance Martin Frankel, the alleged fraudster, who the authorities claim, was responsible for the disappearance of hundreds of millions of dollars from insurers by way of a string of insurance companies controll

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

BOTTOM OF THE HEAP - Laptop takes a look at the 20 worst performing Lloyd’s Syndicates for the 1997 year

Syndicate 1204 Salvaged from the debris of Ed Kelly’s Syndicate 349, which in 1992 closed three losing open years of account into Equitas, Syndicate 1204 never really got to grips with its new business plan. Under the hand of Crowe management, Ernie Ha

01 July 2000

QBE serves ace to boost Wellington

QBE’s move for Limit made sense, but Wellington now has the impetus and the capital to finance alternative deals. In an unsettled market, there are plenty of opportunities The Wimbledon analogy – that London provides the underwriting equivalent of a s

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

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