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There are 68,868 results that match your search.68,868 results
  • Fitch: Lloyd's capacity to swell to £14bn
    Expectations of 2002 year profits for Lloyd's, after several disastrous years, could push the market’s capacity over £14bn for 2003, according to ratings agency Fitch. Karen Sinden, an analyst with Leadenhall Insurance Consultants, sees this as a reali
    01 December 2002
  • Enron: Insurers claim JP Morgan "tricked" them
    Insurers have claimed JP Morgan Chase “tricked, deceived and defrauded” them into underwriting approximately $2bn of finance deals with Enron, as the much-anticipated New York federal court trial finally got underway on 2 December.
    01 December 2002
  • Insider Shorts: GE’s Employers Re – unloved and up for sale
    GE’s Employers Re – unloved and up for sale “ERC does not fit GE’s business model” said General Electric chairman and chief executive Jeff Immelt on 21 November as he revealed its reinsurer would cost the company another $2bn.
    01 December 2002
  • Creechurch looks beyond Lloyd's
    Speculation is mounting that a small Lloyd's vehicle could be the next for expansion beyond the confines of Lloyd's. Reports suggest that Creechurch Underwriting, the integrated Lloyd's vehicle, has plans to expand out of the Lloyd’s market, including
    01 December 2002
  • Marsh settles on $70mn Aon 77 Equivalent
    The lead story in last month's Insider focused on Aon 77, the disastrous energy lineslip placed by Aon to devastating effect in the London market. The lineslip participants - which include the Cotesworth Syndicates 535 and 228, together with 62, 187 and 1
    01 December 2002
  • Catlin stuns Names with late loss
    Catlin Underwriting Agencies Ltd has stunned Names on its flagship Lloyd’s Syndicate 1003 by revealing that the 2000 year will be a loss of between 7.5 and 12.5 percent after consistently forecasting a profit all year.
    01 December 2002
  • Workers' compensation lineslip throws syndicate forecasts
    Late ‘Unicover’ style loss development on workers compensation carve-out lineslip causes Lloyd’s syndicates to miss SQR cut-off Lloyd's underwriters are blaming unexpected deterioration on the LDG 10 workers' compensation (WC) carve-out lineslip for c
    01 December 2002
  • London faces $1.6bn space loss
    A potentially devastating black hole for satellite insurers over Boeing 702 losses Space insurers are facing a potential $1.6bn loss - the largest loss in the history of satellite cover - after six Boeing-built satellites were found to have a much sho
    01 December 2002
  • Levene slams partizan council
    New Lloyd’s chairman demands council members put aside egos and differences Lord Levene of Portsoken, the first chairman of Lloyd's to come from outside the industry, has criticised the self interest and partisan nature of the Council, the Lloyd's mar
    01 December 2002
  • BMS win fight over discreditable conduct charge
    Ballantyne McKean & Sullivan has put up a tough fight to successfully rebut Lloyd's charges of discreditable conduct in relation to the administration of a South African account.
    01 December 2002
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