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Jaffray: Names Having Their Last Day in Court
The last scene of the great Lloyd's tragicomedy is being played out in the Commercial Court before Mr Justice Cresswell. 220 Names are seeking to avoid pursuit by Lloyd's for debt by suing the Society for fraudulent misrepresentation.
01 May 2000
Kidnap on the increase, says Hiscox
A new comprehensive survey has shown that world-wide kidnappings for ransom in 1999 reached a record peak. The number of reported world-wide kidnappings for ransom rose from the 1998 peak of 1,690 to 1,789 in 1999, a rise of 5.9%. 92% of those incident
01 May 2000
Dazzled by the Glamour
The London Market has not been a happy hunting ground for US life reinsurers writing workers’ compensation or Australian Catastrophe reinsurers in the last few years. But at least they can take succour that it’s not all one-way traffic. The London market’
01 May 2000
A Flash in the man
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
01 May 2000
How safe is your system?
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...
01 March 2000
Inside News
103 Gets The Bird As predicted in The Insurance Insider in our October 1999 edition, Transamerica Occidental Life has won its second PA LMX arbitration. Following on from its success with D&H/Chubb, the US reinsurer has avoided its reinsurance...
01 March 2000
Does Internet Spell Disintermediation?
The website of Aon, the world’s second largest broker, is quite something. Not once is there any mention of either broker or broking. Aon, like its great rival Marsh, has seen the future and broking is a dirty word.
01 March 2000
City Tables - Fishing for Condiments
So here we are, this proud island race, our nautical heritage stretching back centuries. Our fishermen brave weather fair and foul, overcoming mountainous waves and piercing wind to harvest the depths of the cold oceans and put the pick of the catch on...
01 March 2000
Inside America - Night of the Living Dead?
Back in November, David Schiff assessed Reliance’s Unicover related problems Reliance Group Holdings and its primary subsidiary, Reliance Insurance Co, are in dubious financial condition. There’s a distinct possibility that Reliance Group might...
01 March 2000
To 'E' or not to 'E'?
Will the London market reject or embrace the opportunities offered by e-commerce? Computers and the London insurance market have not traditionally gone particularly well together. Whether it was the early days of computer leasing or the numerous...
01 March 2000
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