October 2002/1

We've been concerned about insurance companies' financial strength since... well, since forever. Over the years we've written dozens of articles about insurance buyers' disregard for financial strength and the danger that entails. Risk that is "transferre

Royal & Sun Alliance, the embattled UK insurer currently looking for a long-term replacement to its former chief executive Bob Mendelsohn, needs up to £2.4bn to shore up its capital base.

Single occurrence victory in WTC and strong 1H 2002 performance overshadowed by loss of triple A rating

It goes against the Lloyd’s ethos of “one market”, but Standard & Poor’s assessments provide a new way to rank syndicates Lloyd's doesn't necessarily approve, but its customers are increasingly focusing on the syndicates they do business with rather th

Lloyd’s insurer will ask for shareholders’ approval before continuing to write controversial viatical schemes GoshawK, the quoted Lloyd’s insurer, has agreed to seek their shareholders’ approval before writing viatical insurance - the controversial pra

Rating agency A.M. Best has placed the financial strength rating of A- (Excellent) of Gerling Global and its core subsidiaries under review with negative implications.

Lloyd’s Members Agency remains hopeful that its innovative Fund will attract sufficient support as syndicates wait in the sidelines Lloyd's members' agent SOC Group extended the deadline for raising funds on its new investment fund yet remains confiden

Beazley, the Lloyd’s managing agency looking to expand its operations, is now aiming for a London flotation.

While European shareholders are becoming less tolerant of capital raising, Lloyd's investors just can't say no On 30 September SCOR announced a €400mn share issue, ostensibly to enable the French reinsurance group to increase its underwriting. SCOR's s

Lloyd's may lose some its current monitoring and compliance duties, under new tighter supervision from the FSA.

The UK Government may be sued by embittered Lloyd's Names, following a European Parliament report that condemned the Government for its failure to regulate the Lloyd's market.

As widely predicted, Cox Insurance Holding’s Michael Dawson succumbed to shareholder pressure and stepped down as the Group’s chief executive. Dawson’s demise was the price for Cox’s dismal losses which saw the insurer approach Lloyd’s for a controversial