February 2001/1

The legend goes like this: a man asked the omniscient J. P. Morgan what was in store for the stock market. “It will fluctuate,” was Morgan's self-evident, but wise, answer. This leads us to the question: what's in store for the insurance market? It

GISC: OFT OK ON F42 The General Insurance Standards Council, the new self-regulating body for UK insurance brokers, received a welcome boost after the Director General of the Office of Fair Trading found that their rules do not infringe the Competition

P&I Club Renewals Readers of The Insurance Insider will perhaps recall previous issues which tended to probe around the edges of the marine liability world, looking at fixed premium market outfits which were looking to do more in this traditional world.

New impetus needed as Willis fails to match competitors’ growth The world’s third largest insurance broker Willis Group is preparing a summer shake-up that may result in a strategic tie-up with a US financial services group. As part of the move, they p

The market turn that was expected to bring profitability to the 2000 year of account has been unavoidably delayed by the failure of market forces to react as Lloyd's watchers thought they should. We are about to suffer four losses in a row which might hav

London Market reinsurers benefit from strict interpretation of rules, but leave arbitrators uneasy over their tactics. Arbitrators have expressed their disappointment at a group of London Market underwriters after they relied on a technical non-disclo