July 2003/2

A Marsh takeover of UK broker HLF Group has taken a step closer to reality as Insider Week can reveal that the world’s largest insurance broker has begun due diligence proceedings.

Advisors appointed to discuss "strategic options" which include a possible sale; concerns over reserve adequacies; space shuttle loss and The Accident Group; future of Syndicate 102 in doubt; share price falls by 40 percent

Trenwick Managing Agency announced last week that it had stopped writing aviation business “with immediate effect”. The firm, which is set to announce a management buyout from its distressed parent Trenwick International later this week, explained in a ma