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  • Lloyd's Names are being asked to pay £75.00 to join an action group that will investigate the possibility of alleged mis-selling by Names' stop loss mutual Integer. The newly formed Stop Loss Recovery Group is canvassing Names who purchased stop loss i
  • Insurance stocks on both sides of the Atlantic wobbled on 10 March as investors nervously digested Warren Buffett's remarks in his annual letter to Berkshire shareholders. In contrast to his remarkably bullish comments on Berkshire Hathaway, he lashed
  • Disappointing 2002 results but if its disposals go to plan then UK giant should end 2003 far stronger than it began the year In a fortnight that saw relegation from the FTSE 100, a disappointing set of 2002 results and a higher than expected dividend
  • Larry Silverstein, the World Trade Center leaseholder, has complained that New York City officials are undermining his position as he campaigns for a $7bn settlement from his insurers.
  • Marsh turns on the pressure As one of the first brokers to reveal their 2002 results, Marsh's 16 percent increase in organic growth put the pressure on its broker rivals who didn’t always measure up when they followed. Overall the results of Marsh's
  • "The world of specialty insurance is booming", but Lloyd's and the London Market must address inherent inefficiencies or face losing business to Bermuda and other rising competitors. These were the views expressed by industry financier Sir Laurie Magnus a
  • It has become customary to add to the woes of syndicate members by declaring losses not only when an account is due to close after 36 months; but also at quarterly intervals at any point in the normal three-year life of an account, or thereafter during th
  • The heavy-hitting private equity investors in Bermudian and London insurers will watch Endurance's planned $250mn initial public offering on 28 February with great interest. Endurance Specialty Holdings, formed in the post 9/11 capacity crunch with $1.
  • But insurers exposed to the black hole of so-called "laddering" claims, are taking different estimates on the scale of the industry's potential exposure... The potential black hole of laddering liabilities came closer to reality this month when a US c
  • Following a key House of Lords' decision, London's loss struck film insurers are set to argue that Heath’s was aware its gap finance policies might make losses The controversial film finance policies, written by income hungry insurers in the mid to la