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  • German insurer Allianz blamed increasing business interruption claims as it increased its estimated net exposures to the WTC attacks.
  • Michael Carpenter, the former Managing Director of Limit, has led a buy-out of struggling Lloyd's insurer Alleghany Underwriting Ltd, in a deal struck by former Equitas architect Heidi Hutter. The buy-out, which ends Alleghany Corporation's involvement wi
  • While Bermuda attracts $8bn of fresh capital post 11 September, investors are less confident about backing the Lloyd's market While Bermuda basks in almost $8bn of new, post 11 September capital, Lloyd's insurers are scrambling around to ensure they ca
  • The gloves are off as WTC insurers argue the attacks were one event and Silverstein acts to prevent ACE and XL Capital from pursuing a London arbitration The anticipated frenzy of litigation took at step closer to reality after Silverstein, the leaseho
  • In the weeks that followed the USA attacks The Insurance Insider published a daily e-mail update of events and information as they unfolded - an edited version follows......
  • Every summer, four competing publications produce what they claim are the definitive guides on Lloyd’s syndicates’ performances. These guides - produced by the Association of Lloyd’s members, in association with AM Best; Chatset; Thomson and Moody’s -
  • User Pays - Lloyd's responds Dear Sir, Thank you for the opportunity to respond to your article “User Pays Revisited” in the June issue of The Insurance Insider. I apologise for the delay in responding. However, this does enable me to set out MSU's 200
  • Pressure to reveal gross losses builds as fears over reinsurance failure take hold in the London market In Hemingway's “The Sun Also Rises” the following exchange takes place: “How did you go bankrupt?” Bill asked. “Two ways,” Mike said. “Gradually and
  • Premium levy increase for 2002 designed to increase fund to $1bn, but Lloyd's deny link to possible syndicate failures Lloyd's has responded swiftly to its downgrade by AM Best to A-, by announcing that its increasing the premium levies on all syndicat
  • Key players in the insurance backed film finance scandal are involved in writing viatical insurance If there is a greater absurdity than insurers guaranteeing the financial success of un produced films, then perhaps guaranteeing someone's death might r