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  • The London market consortium Global Aerospace Underwriting Managers is believed to have led the coverage on the American Airlines plane that crashed into New York on the 13 November.
  • Equitable Life decision may increase UK D&O demand
  • The Chinese authorities are targeting illegal operations of foreign insurers, according to the official Xinhua News Agency.
  • An arbitration panel has ruled in favour of Realm National, Stirling Cooke Brown's C++ rated property and casualty reinsurer, in its dispute with John Hancock over a workers' compensation carve out reinsurance.
  • Ratings agency AM Best has affirmed its syndicate rating of “A” (Excellent) and the issuer credit rating of “a” of Markel managed Lloyd’s Syndicate 3000, with both ratings on a stable outlook.
  • Equitas are still facing a rising tide in asbestos claims according to their results for the first six months of 2001.
  • Ralph Jones, the newly recruited president and chief executive of Arch Insurance Group, is set to be reunited with former Chubb colleague Bob Van Gieson later this year.
  • Berkshire Hathaway, the holding company run by billionaire investment guru Warren Buffett, announced last Friday that profits had more than doubled in the second quarter of 2003.
  • Acquisitive broker Oval Limited continued on its expansion path last week with the announcement that it has agreed to buy independent Lloyd’s broker Lochain Patrick, subject to regulatory approval.
  • UK motor insurer Highway Insurance Holdings plc unveiled below expectation 2003 interims last Friday (5 September) which included a dividend of 0.8p and a combined ratio of 99.5 percent.