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  • Asia, in particular China, continues to be viewed by global insurers and reinsurers as the region most likely to provide growth in the longer term and help balance risk concentrations away from Europe and North America.
  • Fraud is now big business. The Government estimates that fraudulent scams now cost the UK economy £16bn a year - £650 for every household in the country. The first six months of last year saw a six fold increase in the value of charges brought for major r
  • More trouble for Sterling Underwriting Agency, following the revoking of its trading licence by Lloyds, as its Syndicates are named in a film finance law suit.
  • Bevis Marks pays a visit to the annual meeting of the International Union of Marine Insurers and finds, under the surface of the up-beat theme, no real expectation that things will get better.
  • If the quoted ILV’s are to be taken seriously by investors then they should improve their reporting, says Laptop In the 2000 year of account, corporate capital provides over 70% of the underwriting capacity at Lloyd's. This amounts to £7.03mn, of whic
  • Britannic Britannic's intrinsic quality was again on display when the company announced its results at the end of August. Management at Britannic seem to demonstrate again and again that it's quite possible to squeeze astonishing levels of growth out o
  • PXRE’s future in Lloyd’s is called into question as stiff penalties over the management of its syndicates are imposed. It was with no small trumpeting of praise and self-congratulation that Lloyd's announced the formation of the first captive underwri
  • Munich Re Like most other players in the market it's been a lousy year for Munich Re; in fact in 1999 the company suffered its worst year in reinsurance since being founded in 1880. A string of natural disasters have pushed claims to record levels and
  • Struggling reinsurer puts Lime Street at centre of revival strategy European Specialty Group Re Ltd, the Bermudian based, NASDAQ quoted accident and health and medical reinsurer, is looking to Lloyd’s as it attempts to reinvent itself after a successi
  • AHP new treaty division Agnew, Higgins & Pickering, the natural resources Lloyd’s broker created two years ago, is forming a treaty reinsurance division. Simon Samson has been recruited from AHP’s parent company Jardine Lloyd Thompson to head the ne