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  • Second quarter expected to match strident first quarter, but with the market hitting its cyclical peak, competitition threatens ongoing profitability... US property casualty insurers returned a stunning profit performance in the first quarter of 2004,
  • In our regular monthly News Digest, we round up key stories from the last month, presenting them to you in easily digestable snippets.
  • Investigation by The Insurance Insider cited in FSA writ... The Financial Services Authority (FSA) is taking Hogarth Underwriting and its founder Billy Dewsall to court for their part in placing business with CIC, the unrated, off-shore insurance compa
  • In 2001, The Insurance Insider began writing about the US viatical industry. We were concerned that, despite all the allegations of fraud and malpractice, London Market insurers such as GoshawK were providing insurance cover to viatical firms. The down
  • And makes public data secret, suggests David Schiff... New York's insurance law requires insurance companies doing business in the state to file with their annual statement a supplement (Schedule G) that lists the names, titles, and compensation of emp
  • As senior insurance exectives worldwide pledge their commitment to underwriting discipline in the turning market, European insurers have been challenged to continue growing balance sheets over the next few years through sustained profitable growth. In
  • As the Federal Reserve hikes interest rates in the US, so the impact is filtering through to property casualty insurance stocks, according to research from equity analysts at investment bank Morgan Stanley. With US 10-year interest rates rising from 3.
  • Benign loss conditions in the US property casualty sector continued into the second quarter as insurers are expected to payout just $1.65bn in catastrophe claims - the lowest figure for the quarter since 2000. According to figures from research firm IS
  • Large-scale consolidation may be required if Willis is to continue its remarkable progress, but dangers lurk... Building grandiose new headquarters as a testament to corporate success can be a risky business in London insurance circles. Stephen Merrett
  • Echoes of Imperial Consolidated as investment fund namechecks Lloyd’s broker... A "too-good-to-be-true" scheme paying out annual returns of 10.5 per cent "guaranteed via Lloyds of London" is being offered by a British Virgin Islands registered company.