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Unicover Keeps Rolling On
Unicover, the workers compensation debacle responsible for hundreds of millions of losses to a wide selection of brokers and reinsurance companies, continues to cause problems for those involved.
01 November 2000
The Fruits of Mediocrity or Mendacity?
Laptop takes a look at investments at Lloyd’s and the recent trend of working capital cash calls, and argues for a review of procedures In closing the 1997 account on the 31st December 1999 Lloyd syndicates used £849mn of their premium income to boost
01 November 2000
Not The Real Catastrophe
RSA and CGNU handled the recent floods with aplomb, but will they and smaller insurers find themselves suffering after the latest storms? Loss assessors are an unreliable bunch. Take the dreadful flooding that in England's south east recently; before
01 November 2000
Insider Vital Insurance Statistics
Goshawk Goshawk might look a tad on the small size when it comes to market capitalisation, but it's got quite an enviable advantage over virtually all of its bigger Lloyd's peers. All Lloyd's vehicles dream of owning 100 per cent of their managed capac
01 November 2000
A Mixed Lot of Auctions
The volume of capacity traded in this season increased with each auction, but still failed to match those traded in previous years, and unsatisfied sell orders continue to increase.
01 November 2000
Speculate at Your Own Risk - David Schiff on E-Madness, Insurance Stocks, and Capital
Since we began Schiff ’s Insurance Observer twelve years ago, we’ve generally maintained an attitude of skepticism. However, not wanting to be a stopped clock that’s right twice a day, we’ve tried not to let our skepticism turn into cynicism, tainting our
01 November 2000
Yearning for Yen
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.
01 October 2000
A Very Dull Recovery
As another uneventful reporting season closes the industry continues to sit back and stare at the golden horizon of the long anticipated market recovery Now that another reporting period for the insurers has come and gone it’s always useful to glance
01 October 2000
It can only get worse...
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.
01 October 2000
Fraud, Failures and How to Avoid Them
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
01 October 2000
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