May 2003/1

Gary Izatt of the Alphabet Group looks at the effect new FSA requirements will have on managing agencies and the Society of Lloyd’s The next few years will see fundamental change sweep through the Lloyd's community as the Financial Services Authority

"Close the law schools" quipped the legendary AIG chief Maurice "Hank" Greenberg earlier this month in response to a question on what could stem rising tort cost inflation. Controlling the spiraling costs of US tort awards has been a key theme this yea