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  • Insurers hit by D&O losses in wake of shareholder class-actions over collapsed stock prices History, they say, always repeats itself. Ian Youngman, in his 1999 book Directors and Officers Liability Insurance, observed that the first US D&O policies wer
  • Former Lloyd's underwriter David Forrest has used his insurance savvy to promote Flashpoint to the premier league of film financing.But insurers retreat in the wake of market film losses - and the prospect of litigation - could cause problems. And not eve
  • RSA and CGNU handled the recent floods with aplomb, but will they and smaller insurers find themselves suffering after the latest storms? Loss assessors are an unreliable bunch. Take the dreadful flooding that in England's south east recently; before
  • The first of six Lloyd’s capacity auctions was a sluggish affair It was a slow and entirely expected start to the annual Lloyd’s auctions, where the right to participate on Lloyd’s syndicates is bought and sold. The declining number of names and syndi
  • Copenhagen Re, (Cop Re) a popular source of non-marine reinsurance for Lloyd's Syndicates, has been the subject of another ratings action by Moody's. Following the 11 September attacks Cop Re announced net losses in the range of $20mn to $32mn.
  • The descent into litigation and recrimination continues and it is AXA who is leading the charge. Much of the last issue of The Insurance Insider was dedicated to the latest batch of victims to fall prey to the madness of investing in films – London co
  • Frankel: extradition delayed by court appearance Martin Frankel, the alleged fraudster, who the authorities claim, was responsible for the disappearance of hundreds of millions of dollars from insurers by way of a string of insurance companies controll
  • Unlike the anti-climactic aftermath of the Y2K bug, the issue of internet insurance fraud has a big future. So far, reports of the use of the internet for perpetrating insurance fraud are confined to the small-scale chisellers at the consumer end of...
  • Fitch, the rating agency, has affirmed the 'A-' financial strength rating of Lloyd's, but has retained the market's negative outlook. While Lloyd's capacity might have leapt to a record high of £14.4bn there are still some problems ahead, argues the ag
  • The militant Lloyds Names Association (LNA) will attempt to recover up to £100mn from the Central Fund for what it describes as Lloyd's failure to adequately regulate the market, The Insider has learned. The move follows this summer’s landmark judgment