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July 2004/3

  • There was an interesting insight into the Royal Courts of Justice dispute between oil giant BP and Swiss Re, AIG, AXA, ACE, Aegis and other international insurers this week with the publication of Justice Colman’s reasons for denying summary judgment in t
  • The asset drain continues at Marsh & McLennan’s troubled investment management arm Putnam, according to latest figures and analysis from equity analysts at Morgan Stanley.
  • Lloyd’s chairman issues “warning and a plea” to global leaders to maintain rates The insurance industry cannot afford to allow rates to prematurely soften, Lloyd’s chairman Lord Levene has warned.
  • Underwriting discipline and capital management were very much at the top of the agenda as an expected 500 (re)insurance executives gathered at the London Hilton this morning (12 July) for the 40th annual International Insurance Society (IIS) seminar.