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  • CNA exits reinsurance - asbestos reserve boost imminent?
    CNA Financial Corporation became the latest insurance Group to exit reinsurance when revealing that it has sold the renewal rights, together with much of its under-performing reinsurance book, to Folksamerica Reinsurance Company, a unit of Bermudian based
    01 October 2003
  • CIGNA’s VADBE pains continue
    CIGNA’s disastrous reinsurance product VADBEs – which provided reinsurance protection to insurers writing variable annuity death benefits during the late nineties – continues to haunt the insurer.
    04 August 2003
  • CNA Re - in or out of London?
    CNA's commitment to the London Market appears shaky as the loss struck Group puts its London reinsurer up for sale and relocates centre of expertise to Zurich CNA Re's restructuring and proposed sale of London Market subsidiary CNA Reinsurance Company
    01 September 2001
  • Plain English
    English can often be misleading, so we have rustled up a guide to aid understanding to the minefiled of Lloyd's business jargon. This month it's the opaque business desription:
    01 December 2001
  • Parliamentary Privileges
    With Independent’s spectacular fall from grace and the continuing controversy over Equitable Life, the industry is yet again in parliamentarian’s bad books. As a consolation, Marcus Scriven traces some of the happier relationships Lloyd’s and insurers hav
    01 July 2001
  • Zurich's 'Unicover' Headache
    Proposed spin-off troubled by disputed workers’ compensation carve out losses Zurich Financial Services’ ability to spin-off its reinsurance division will depend upon persuading investors that a series of losses, including ongoing exposures arising fro
    01 May 2001
  • London Technology - A year of turmoil, but positive or negative?
    Roger Foord has mixed views on the current changes... The Lloyd's and London insurance market has in the past twelve months suddenly developed a 'latent wake up call' to the point of serious self criticism as even the chairman of Lloyd's has felt compe
    01 September 2001
  • Why Aneco is flawed
    The recent Aneco judgement increases brokers' liabilities in the event of negligent advice. Tim Brentall of Elborne Mitchell argues the decision is flawed. There was once a successful barrister who would occasionally advise his clients thus: “I have re
    01 November 2001
  • ACE applauds London trading floor
    Global insurer pleased with restructured London operations but Lloyd’s presence likely to diminish further.
    21 July 2003
  • A Very Dull Recovery
    As another uneventful reporting season closes the industry continues to sit back and stare at the golden horizon of the long anticipated market recovery Now that another reporting period for the insurers has come and gone it’s always useful to glance
    01 October 2000
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