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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
Lloyd's to lose £694mn in 2000
Latest estimates show Lloyd’s loses £3.4bn in four year slump, 2000 forecasts show wide disparity in results The wanton destruction caused by the recent slump in market rates has forced Lloyd's to revise downwards its 1999 projections to a loss of £1.3
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
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
HIH (UK) problems known in 1996
Credit Suisse bailed out after commissioning highly critical reports of the management and underwriting of HIH’s London operations five years before it collapsed HIH's London operations were mismanaged with business written “without appropriate infras
01 July 2001
Insider Shorts
Chatset Directory Lloyd’s analysts Chatset have launched a new edition of their Lloyd’s and London Market Directory.
01 July 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
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