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  • PXRE’s future in Lloyd’s is called into question as stiff penalties over the management of its syndicates are imposed. It was with no small trumpeting of praise and self-congratulation that Lloyd's announced the formation of the first captive underwri
  • More trouble for Sterling Underwriting Agency, following the revoking of its trading licence by Lloyds, as its Syndicates are named in a film finance law suit.
  • Auction prices are still well below the level of preceding years with Auction 5 being the only one yet to see an increased volume traded. September saw two of the last remaining Lloyd’s capacity auctions to be held this season finish in less than a bl
  • If the quoted ILV’s are to be taken seriously by investors then they should improve their reporting, says Laptop In the 2000 year of account, corporate capital provides over 70% of the underwriting capacity at Lloyd's. This amounts to £7.03mn, of whic
  • Britannic Britannic's intrinsic quality was again on display when the company announced its results at the end of August. Management at Britannic seem to demonstrate again and again that it's quite possible to squeeze astonishing levels of growth out o
  • AIG departure ignites speculation The succession issue at AIG, the uberinsurer dominated by the patriarchal presence of the 75-year-old Hank Greenberg, is taking on Elizabethan proportions.
  • Struggling reinsurer puts Lime Street at centre of revival strategy European Specialty Group Re Ltd, the Bermudian based, NASDAQ quoted accident and health and medical reinsurer, is looking to Lloyd’s as it attempts to reinvent itself after a successi
  • Auction 3 of Lloyd’s capacity brought little cheer as prices drop back to auction 1. In the third auction of the season, the amount of capacity traded remained roughly in line with auction two, but the average price fell back to the auction one price
  • For the first time the prospect of people power has emerged at Lloyd’s following the proposed merger of Sedgwick Oakwood with Hampden; and Christie Brockbank Shipton(CBS) with the Amlin Members’ Agency. There are now 17 syndicates trading at Lloyd’s wh
  • Apart from in isolated sectors, improving reinsurance rates have yet to make a meaningful impact at a direct level "This is not the end; this is not even the beginning of the end, but merely the end of the beginning," pronounced a defiant Winston Chur