July 2004/1

Echoes of Imperial Consolidated as investment fund namechecks Lloyd’s broker... A "too-good-to-be-true" scheme paying out annual returns of 10.5 per cent "guaranteed via Lloyds of London" is being offered by a British Virgin Islands registered company.

Willis has dismissed the employee responsible for managing Pender, the captive turned insurance company of telecoms giant Cable & Wireless, collapsing under the weight of a series of controversial claims. The world's third largest broker provided manag

Voices of discontent in London’s Workers' Compensation catastrophe reinsurance market are raising fearsus concerns over ill-discipline and increased competition from Lloyd's delegated underwriting agreements that threaten to send rates tumbling. Accord

In our regular monthly News Digest, we round up key stories from the last month, presenting them to you in easily digestable snippets.

Investigation by The Insurance Insider cited in FSA writ... The Financial Services Authority (FSA) is taking Hogarth Underwriting and its founder Billy Dewsall to court for their part in placing business with CIC, the unrated, off-shore insurance compa

Warren Buffett is backing a newly created company Capital Insurance Holdings to become a dominant force in the quoted Lloyd's sector... The Lloyd's insurance sector faces an unprecedented bout of consolidation fever, if Berkshire Hathaway's strategy to