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  • 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
  • CIGNA’s decision to exit reinsurance is a blow to London CIGNA’s announcement last week that it is selling its US individual and group life reinsurance and US accidental death reinsurance businesses to Swiss Re’s Life Re and that its book of global ac
  • 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 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
  • The pricing of professional indemnity risks continues to be an art form as underwriters work against a backdrop of litigation trends and unpredictable Government intervention. But delegates attending Aon's 2 June liability seminar “The Global Landscape
  • The Insurance Insider launches a new column looking at some of the market’s specialist insurance classes. Unmanned aerial vehicles (UAVs), or ‘Drones’, are at the cutting edge of technological development in aviation, military and commercial fields. A
  • The vast majority of the UK’s insurers have now reported their end of year results, and few of the announcements held many surprises. Broadly speaking, general conditions remain tough and life business is where the real growth is to be found.
  • The US bank forced to unravel transactions with AIG which knocked $11bn off the value of the world's largest insurance company, is facing a class action suit from aggrieved shareholders. On the 1 February Milberg Weiss, the veteran New York plaintiff atto
  • QBE’s move for Limit made sense, but Wellington now has the impetus and the capital to finance alternative deals. In an unsettled market, there are plenty of opportunities The Wimbledon analogy – that London provides the underwriting equivalent of a s