Posts tagged as:

UK

Amlin drops credit cover

by Jolyon on 1 December, 2008

As from 1/1 Amlin will be out of the credit insurance market (Source: FT).
While they only have less than 5% market share, it’s a further indication of difficulties in the sector, and perceived difficult times ahead for the wider economy.
CEO, Charles Phillips, said that while getting reinsurance for credit insurance was becoming more [...]

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A cold wind

by Jolyon on 25 November, 2008

The City is getting to be a cold and windy place for many nowadays.
In homage, here is this Holga-ised shot taken from my office, with that Berlin-in-the-60s feel about it.
Brrrr.

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Authority and Claims Co-operation

by Jolyon on 14 November, 2008

In the recent (24.10.08) case of Markel –v- Gothaer Allgemeine & Kontinentale the Commercial Court considered the nature and role of an agent in a dispute over a Claims Co-operation Clause. It’s an oddly fact-specific case, but there are some wider issues in play.
This was a summary judgment application by reinsurers (Markel) to dismiss [...]

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Leading individual

by Jolyon on 22 September, 2008

Legal 500 have named your scribe as a Leading Individual in the “Insurance & Reinsurance Litigation” arena.
Here’s the full list:

Tim Akeroyd Elborne Mitchell
Jane Andrewartha Clyde & Co LLP
Martin Bakes Herbert Smith LLP
Andrew Bandurka Holman Fenwick Willan
Tim Brown Reynolds Porter Chamberlain LLP
Steve Cantle Kennedys
Colin Croly Barlow Lyde & Gilbert LLP
Susan Dingwall Norton Rose LLP
Roger Doulton [...]

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Plumeri predicts a long soft market

by Jolyon on 8 September, 2008

Willis boss Joe Plumeri tells the FT that without serious (think $50bn-$100bn) catastrophe losses, it could be the end of 2009 or into 2010 before rates recover.
>”All the signs are that I don’t think the soft market is going to last a long long time . . . but it does not seem to be [...]

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