November 2003/1

GoshawK's defunct Syndicate 102 successfully appealed a capital loading penalty that could have prevented losses falling on the Central Fund, The Insider can reveal. Syndicate 102 was finally placed into run-off on 31 October, after a gruelling year wh

JLT, the world's fifth largest insurance broking group, are in advanced talks to acquire rival HLF's aviation team, The Insider can reveal. HLF's well regarded aviation team is led by Nigel Weyman. Sources suggest he is set to join JLT together with a

But Everest Re stop loss exhausted on further US casualty deterioration Quoted Lloyd's insurer SVB announced a £50mn convertible bond issue in November to support a 2004 capacity expansion to £500mn. A further fund raising was not unexpected follow

Record capacity for 2004 as departures outweighed by new entrants Lloyd's capacity growth for 2004 will not match last year's 18 percent rise, but will still break the £15bn barrier, The Insider can reveal. The slight increase in total market capaci

Litigation over the collapsed Aon 77 energy lineslip has been adjourned for four weeks because of last-minute amendments to the reinsurers’ case. The legal battle had been scheduled for early November but is now due to be heard in court 21 on 1 Decembe