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Lloyd's Gambles Reputation on "Death" Industry
Contingency market underwrites the murky viatical industry Lloyd's worthy reputation for underwriting the specialist, niche and downright quirky has been reinforced by the discovery that its contingency market has insured viatical companies - instituti
01 September 2001
London Technology - A year of turmoil, but positive or negative?
Roger Foord has mixed views on the current changes... The Lloyd's and London insurance market has in the past twelve months suddenly developed a 'latent wake up call' to the point of serious self criticism as even the chairman of Lloyd's has felt compe
01 September 2001
Zurich planning $1.5bn PO?
‘Unicover’ litigation causes continuing uncertainty over Zurich Re “spin-off” Zurich Financial Services, the global giant who has seen its share price slump after a February profits warning and disappointing March year ends, is considering a public off
01 September 2001
AXA plans fraud defence
Court of Appeal defeat leaves fraud as insurers only defence option as they seek to void film finance losses A landmark Court of Appeal decision has stymied insurers' early successes in voiding film losses that threatens to cost the industry over $2bn
01 September 2001
Syndicates in our Auction Frame
(A B & perhaps C rated) BF Caudle Syndicate 2(Upton) Growing in popularity now that Advent/BF Caudle have acquired the Kingsmead Agency.The XOL orientation of the account leads recovery of the marine sector; and the Syndicate has consistently outperfo
01 September 2001
That's Life
Term life syndicates face additional hurdles, despite personal accident and contingency syndicates writing conceptually similar business.With only one life syndicate open to external members, perhaps its time for a rethink says Laptop.
01 July 2001
Parliamentary Privileges
With Independent’s spectacular fall from grace and the continuing controversy over Equitable Life, the industry is yet again in parliamentarian’s bad books. As a consolation, Marcus Scriven traces some of the happier relationships Lloyd’s and insurers hav
01 July 2001
Watch Kemper Very Closely - The Lumbermens Shuffle - by David Schiff
During the first week of 1999, Illinois’ governor, Jim Edgar, signed a bill permitting mutual insurers domiciled in the Land of Lincoln to convert to mutual insurance holding companies (MIHC). For those who may have forgotten the MIHC is a neutron bomb fo
01 July 2001
Independent: Revelations and Recriminations
Allegations of fraud might get brokers off the hook, but their earnings could be affected If it wasn't for the grasping compensation culture, then it's quite conceivable that the Independent empire could have tottered onwards until - presumably - “Bri
01 July 2001
Syndicates Scramble to Expand
To avoid over-writing and the shortage of reinsurance, syndicates are buying in-house quota share cover and planning capacity expansions for 2002. But what impact will these have on the 2001 capacity auctions?
01 July 2001
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