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  • Further consolidation expected as the fortunes of the quoted Lloyd’s insurers’ improve With a total market capitalisation of around £2bn, it is absurd to talk about the dozen quoted Lloyd's stocks as a “sector” (by way of comparison SVB, the largest qu
  • Paul Kelly, the former merchant banker, has won comfortably the only contested seat in the most controversial Lloyd's Council election for many years. Kelly defeated veteran Names campaigner Lady Rona Delves Broughton after the powerful support of the Ass
  • Dear Sir, The two candidates for the single external vacancy on the Council are both writing multi-million pound lines for 2001; and are, or have been, well entrenched within the Lloyd's self-regulatory establishment. Lady Delves Broughton (Lloyd's 197
  • ACE/Cigna $218mn wrangle The glamorous game of mergers and acquisitions is not without its risks, as the recent dispute between ERC Frankona and BAT (British American Tobacco) over its 1998 purchase of Eagle Star Re demonstrates. Buyers often find that
  • The embittered Jaffray Names vow (again) to continue their fight against Lloyd’s and ‘The Establishment’ and have set their sights to Europe for salvation, according to Marcus Scriven. A line has been drawn in the sand. It's the end of a chapter - a m
  • With its stock down almost 70 percent since March, US broker E W Blanch is facing an uncertain future, as does its recent purchase Lloyd's Broker Crawley Warren. Reporting a net loss for its third quarter 2000 results, E W Blanch announced that it was
  • Red faces at CGNU as Lloyd's burns the fingers of yet another corporate investor. Berkshire Hathaway is making quite a habit of helping CGNU shed the skins of its unwanted businesses, principally the property and casualty slough inherited from Commerc
  • The 1998 and 1999 mid-point results for Syndicates look as disappointing as expected, but capital has flowed in for 2001 on the back of the hardening market
  • Stricken Bermuda based reinsurer ESG Re has seen its share price drop to a new low as its latest set of results bring further bad news. The leading article in The Insurance Insider's September 2000 edition, highlighted ESG Re's struggle to overcome it
  • Floods, Floods Glorious Floods - Royal & Sun Alliance See A Silver Lining To All Those Rain Clouds One would think that the worst flooding to hit the UK for half a century would be a source of misery for Royal & Sun Alliance. After all it's Britain's s