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  • Frankel gets reduced sentence on co-operation pledge
    Insurance fraudster Martin Frankel was sentenced to a reduced 17 years imprisonment last week after he promised to help the US authorities track down the $200mn he stole from a series of insurance companies.
    13 December 2004
  • Profits up as Aon outdoes rivals
    Appearing to shrug off the revenue problems inflicting its biggest rivals Marsh and Willis, world’s second largest broker Aon last week (3 May) announced a strong set of first quarter results, extending the honeymoon period for new CEO Gregory Case.
    09 May 2005
  • Madrid skyscraper causes $108mn damage
    The biggest fire in Madrid’s history caused estimated damage of $108mn, according to reinsurance broker Guy Carpenter. The fire gutted a 32-floor skyscraper in the Spanish capital’s finance district on 12 February. Madrid’s fourth tallest building, the Wi
    21 February 2005
  • Glencairn adds to Cargo unit
    Broker Glencairn has announced the appointment of Darren Norris to its Marine Cargo and Fine Art & Specie unit as an associate partner with immediate effect.
    20 June 2005
  • Supreme court rules on EL
    A recent decision by the US Supreme Court on environmental liabilities could have profound consequences for the insurance industry, analysts at Morgan Stanley have warned.
    20 December 2004
  • Correction – JLT
    In the January 2005 edition of The Insurance Insider, we refer to the JLT executive Jonathan Marland as the Conservative MP for Somerton & Frome. This is a mistake. He is the Conservative candidate for Somerton & Frome.
    24 January 2005
  • St Paul confirms Jubilee talks
    Lloyd’s managing agent St Paul Syndicate Management Ltd (SPSM) has confirmed that it is in exclusive negotiations for the sale of its Cassidy Davis life Syndicate 779 to fellow Lloyd’s managing agency Jubilee, and hopes to complete the deal by 18 February
    20 December 2004
  • Analyst group to address regulatory compliance at FREE UK briefings
    Insider Week’s sister publication The Insurance Insider is sponsoring a series of free briefings on the UK regulatory compliance landscape during April.
    14 March 2005
  • Aon named as defendant in $200mn+ BP Amoco energy dispute
    Broker Aon has stated the potential impact of a mammoth round of energy litigation currently underway in the Royal Courts of Justice. As reported in the March edition of The Insurance Insider, the case was brought by oil giant BP against Swiss Re, AIG,
    01 December 2004
  • Lloyd's Syndicate 2000 and 2001 forecast results
    Estimates for the forecast results of Lloyd’s syndicates in the 10th quarter of the 2000 underwriting year have shown few significant deviations from expected results. Only 12 out of 130 results have shown any increase over estimates on the 9th quarter, b
    01 October 2002
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