July 2000/1

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.

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

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

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

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

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

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

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

All change in the Ports and Terminals market reports Bevis Marks If you insure ports and terminals, as many marine insurers do, you may well have noticed how fast the world is a-changing. Readers of the marine press will probably have noticed the n

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

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