November 2001/1
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According to market sources, Aon placed a business travel lineslip into the London market which, in addition to covering employees while on corporate travel, had a terrorism rider extending coverage to all employees victim of a terrorism attack. Aon origi
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Accompanying the gloom of the 11 September events was the message from one members’ agent that “the status of Private Capital at Lloyd's has never been better”. On the other hand, Robert Hiscox was not slow to predict the demise of that same capital base
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English can often be misleading, so we have rustled up a guide to aid understanding to the minefield of Lloyd's business jargon. This month its the opaque business description “pecuniary loss”. Frustrated by being fed misinformation about the risks of
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Workers' Compensation carveout reinsurance, for 20 years a maverick off-shoot of one the US’s most regulated insurance classes, has at last become the focus of attention by the National Association of Insurance Commissioners (NAIC). A white paper recently
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Michael Carpenter, the former Managing Director of Limit, has led a buy-out of struggling Lloyd's insurer Alleghany Underwriting Ltd, in a deal struck by former Equitas architect Heidi Hutter. The buy-out, which ends Alleghany Corporation's involvement wi
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According to a Lloyd's regulatory bulletin, the former chairman of broker Bannerman Slayden Cater Ltd Vincent Slayden was found guilty in absentia of “two charges of discreditable conduct” by a Lloyd's disciplinary tribunal after “failing to serve a defen
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