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  • With Independent’s spectacular fall from grace and the continuing controversy over Equitable Life, the industry is yet again in parliamentarian’s bad books. As a consolation, Marcus Scriven traces some of the happier relationships Lloyd’s and insurers hav
  • Allegations of fraud might get brokers off the hook, but their earnings could be affected If it wasn't for the grasping compensation culture, then it's quite conceivable that the Independent empire could have tottered onwards until - presumably - “Bri
  • MAPA Moans Dear Sir, Laptop - User Pays Thank you for the article by “Laptop” in the June 2001 edition of The Insurance Insider revealing the rip-off mentality that pervades the Society of Lloyd’s nowadays. I am glad that I resigned my membership a
  • Further embarrassment for film impresario Kent Walwin as Canadian company Blackwatch is raided by Mounties and files for bankruptcy The extraordinary saga of insurance backed film financing took a further twist with the news that Canadian film financi
  • Credit Suisse bailed out after commissioning highly critical reports of the management and underwriting of HIH’s London operations five years before it collapsed HIH's London operations were mismanaged with business written “without appropriate infras
  • User-pays was heavily criticised. Lloyd’s insists that the process has been reformed but Laptop argues there is still much to be done In December 1997 Lloyd's announced the introduction of “User Pays”. One of the aims was to remove “the subsidisation
  • AIG throws blame onto financiers in the wake of Flashpoint Court of Appeal decision. We re-publish the release in full.
  • CEOs get cheap options Stock options may be a good form of compensation for start-up companies, but they aren’t appropriate for CEO's at most insurance companies. From a shareholder’s perspective, they have several drawbacks. They don’t align the C
  • Flashpoint $1 million fraud victim
  • R&SA and Heath’s sued over $160mn film finance dispute US entertainment company Artisan Entertainment is suing R&SA and insurance broker Heath Insurance Broking Ltd for fraud and deceit over a complicated $160 mn insurance backed financing deal.