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  • The former trustees of James Hunt Dix – David James, Alan Scattergood and Richard Allardyce – are confident that they will defeat any charges for mismanagement of the former Lloyd’s broker James Hunt Dix’s Pension fund. This follows the article in May’s
  • The collapse of Miles Smith Miles Smith, with its business specialities of professional liability, construction, professional indemnity and marine hull and machinery, was never a top-flight Lloyd’s broker. Its rather down at heel location just off Old
  • Allianz acquisition of Tindall Riley is the latest installment in the shake-up in the marine world, reports Bevis Marks The talking point in recent weeks has been the proposed tie up between the management services company of Tindall Riley, who run
  • At the end of last month, Leucadia National announced a definitive agreement to acquire Reliance Group, the over-leveraged and questionably-reserved insurance holding company, in a bargain-basement stock transaction at a price approximating $2.55 per shar
  • The RSA and the CG(N)U have pursued opposite strategies and so far it is the CG(N)U, with their emphasis on life insurance, which has received the plaudits. Will general insurance come to Mendelsohn’s rescue or – as most analysts suggest – is it time f
  • Chartwell’s 866 in cash call A chance of some finality at last for the names on Chartwell’s Syndicate 866 as the agents announce that the Syndicate will be closed directly into another Lloyd’s syndicate for its 1997 and 1998 years of account. 1997 and
  • It has not been the best of starts for the Bermudian Insurance industry but renewed investor confidence has enabled quoted stocks to recover much of the lost ground.
  • The end of the tax year often spurs directors into share dealing, and this year proved no exception. The most enthusiastic was Independent duo Michael Bright and Phil Condon, who entered the market three times in March buying at £2.32, £1.93 and £1.92 (cu
  • Aegon’s results were in line with expectations.The Dutch insurer said that net income had increased by 26% to E1.57bn and that growth had benefited from last July’s acquisition of San Francisco based Transamerica. But insurance analysts were disappointed
  • The vast majority of the UK’s insurers have now reported their end of year results, and few of the announcements held many surprises. Broadly speaking, general conditions remain tough and life business is where the real growth is to be found.