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July 2000/1

  • 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
  • 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
  • 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.
  • 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
  • As the number of agents continues to decrease the Insurance Insider analyses those that are left Sometime in the last 12 months, Hamden’s Tim Oliver had a change of mind. Only last Summer, Oliver was explaining in typically forthright fashion just why
  • As the Jaffray trial draws to a close Marcus Scriven ponders on the possible outcome So it will all be over within a few more days – the closing speeches delivered, the court room cleared, the Names released, leaving Mr Justice Cresswell, alone, to pr
  • Allianz Price 3.13: P/E35: MCap E90087.56: 1 mnth perf -0.9%: 3 mnth perf -8.3% After being poked in the eye by bankers at Dresdner and Deutsche following their failed merger attempt, Allianz’s chairman, Henning Schulte-Noelle, sounded a touch glum
  • 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
  • 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
  • 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
  • The Insurance Insider details the claims behind Sphere Drake’s action against Euro international and Stirling Cooke Brown On the 29th of February this year a writ was issued by Sphere Drake Insurance against Euro International Underwriting (EIU), John
  • 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