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Dazzled by the Glamour
The London Market has not been a happy hunting ground for US life reinsurers writing workers’ compensation or Australian Catastrophe reinsurers in the last few years. But at least they can take succour that it’s not all one-way traffic. The London market’
01 May 2000
Does Internet Spell Disintermediation?
The website of Aon, the world’s second largest broker, is quite something. Not once is there any mention of either broker or broking. Aon, like its great rival Marsh, has seen the future and broking is a dirty word.
01 March 2000
Inside America - Night of the Living Dead?
Back in November, David Schiff assessed Reliance’s Unicover related problems Reliance Group Holdings and its primary subsidiary, Reliance Insurance Co, are in dubious financial condition. There’s a distinct possibility that Reliance Group might...
01 March 2000
Catastrophes Climb
Cats are up and it's official; 1999 was the second-worse year for insurance losses. In its 30th year of publication by Swiss Re, the latest Sigma report on major losses in 1999 paints a woeful picture of devastating natural catastrophes and expensive...
01 March 2000
Insider Vital Insurance Statistics
From consolidation to litigation After the breathing space afforded by the onset of the new millennium, consolidation is firmly and dramatically back on the insurance sector’s agenda. Almost simultaneously, CGU announced its £19bn deal with...
01 March 2000
Inside News
103 Gets The Bird As predicted in The Insurance Insider in our October 1999 edition, Transamerica Occidental Life has won its second PA LMX arbitration. Following on from its success with D&H/Chubb, the US reinsurer has avoided its reinsurance...
01 March 2000
Inside Technofile - Volume Barrier Broken
One of the biggest problems facing companies operating e-commerce sites on the web is the ability to handle the anticipated volume of on-line trades both rapidly and securely. A recent report indicated that up to eight out of ten internet trades are...
01 March 2000
Lloyd's the Dragonslayer
Is it some strange coincidence that Café Nerro opened opposite Lloyd’s just as the long-awaited Jaffray case finally started, or a classical portent of doom? In the weeks leading up to the start of the action, Lloyd’s seemed to be fiddling in the face...
01 March 2000
City Tables - Fishing for Condiments
So here we are, this proud island race, our nautical heritage stretching back centuries. Our fishermen brave weather fair and foul, overcoming mountainous waves and piercing wind to harvest the depths of the cold oceans and put the pick of the catch on...
01 March 2000
To 'E' or not to 'E'?
Will the London market reject or embrace the opportunities offered by e-commerce? Computers and the London insurance market have not traditionally gone particularly well together. Whether it was the early days of computer leasing or the numerous...
01 March 2000
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