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  • Aegon Aegon’s chief executive Kees Storm has been busy quashing rumours that the company is about to join the bidding for US health insurer Aetna. ING is already talking to Aetna about buying its financial and international units but Allianz, Aegon, Am
  • Another ‘carve-out’ scandal unravels as CNA alleges mispresentation to rescind retrocessional contracts What is it about the accident and health market that keeps it in the headlines? With the Unicover workers compensation debacle still fresh in me
  • Lloyd’s faces criticism for the loadings placed on syndicates Fresh from the Council of Lloyd’s announcement that underwriting ratios are to be reduced by 5% to 40% for all fund providers, and the abolition of “other personal wealth” provisions in the
  • Perhaps it’s a sign of the impending silly season, but talk is reverting to consolidation. Even the hard-pressed Lloyd’s vehicles are showing signs of life in the wake of QBE’s Limit purchase...
  • From Lloyd’s to the glamour of Bermuda, John Cackett has had a personally rewarding career. But his involvement in Lloyd’s PA spirals, the Unicover pools and the brewing ships crews fiasco, must mean his reign is close to an end. From fairly humble or
  • Concorde Air France The devastating crash of the Air France Concorde, flight AF4590, shortly after take off from Charles De Gaulle Airport looks set to generate large liability claims. Air France has already announced that it will pay an advance of FF1
  • With losses estimated as high as £2bn, London Market insurers and reinsurers are alleging fraud and misrepresentation. George Bernard Shaw once turned down Sam Goldwyn’s offer of script writing by saying: “The trouble, Mr Goldwyn, is that you are only
  • Doors closing after the horse has bolted? In the wake of the Australian reinsurance market crash the regulators step in. This and other news from the Asian markets.
  • After numerous bids and counter bids Limit grudgingly plumps for QBE Well, Limit has certainly had an adventure. The embattled Lloyd’s vehicle had been desperately trying to deter the unwanted attention of Australian insurer QBE. Unfortunately the Aus
  • Frankel: extradition delayed by court appearance Martin Frankel, the alleged fraudster, who the authorities claim, was responsible for the disappearance of hundreds of millions of dollars from insurers by way of a string of insurance companies controll