AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Close
Create a link to this page
Copy and paste this link tag into your Web page or blog:
<a href="http://www.accessmylibrary.com/coms2/summary_0286-13221310_ITM" title="Facts and information about News - Lloyd's in Central Fund legal action against brokers.">News - Lloyd's in Central Fund legal action against brokers.</a>
Close
Set up an RSS feed that alerts you when new articles from Europe Intelligence Wire are available.
Frequently asked questions about RSS feeds
News - Lloyd's in Central Fund legal action against brokers.
(From Reinsurance)
On 14 March last year, Lloyd's reached a settlement with the six insurers involved with the arbitration proceedings on the Central Fund insurance, but reserved the right to pursue others involved in the placement of the policy for the shortfall.
Lloyd's stated ithad been considering its position in relation to the brokers who placed the insurance policy (Benfield and Aon), and following discussions, has decided to proceed with legal action.
Lloyd's general counsel, Sean McGovern, said: "We are now actively pursuing this claim through the ...
Related articles from newspapers, magazines, journals, and more
For more facts and information, see all results
- Lloyd's settles lengthy Central Fund dispute; Accord resolves case involving...
- Magazine article from: Business Insurance Veysey, Sarah June 18, 2007 700+ words
...the market's Central Fund. Lloyd's announced...based brokerages Benfield Group Ltd. and...not disclosed. Benfield announced that...reinsurers of its Central Fund for 152 million...reached with Aon and Benfield enables us to lay...reinsurers of the Central Fund -- ...
- Benfield Group Ltd.(Spotlight: Reinsurance Trends and Issues)
- Magazine article from: Business Insurance Aldred, Carolyn October 24, 2005 700+ words
...technical skills are among Benfield's main strengths. Much of Benfield's technical expertise is...0 million) for Lloyd's Central Fund. * A risk software team...advisory team. Although Benfield has historically focused...
- Benfield fears payouts over WTC attacks.
- Newspaper article from: Financial News June 15, 2003 700+ words
...policy covering its central fund against claims of up...five year period. The central fund is a vital part of a...market by two brokers, Benfield and Aon. Swiss Re and...sterling]216m that the central fund has had to pay to meet...
- Lloyd's to sue Aon, Benfield over fund cover.(reinsurance cases)
- Magazine article from: Business Insurance February 6, 2006 700+ words
...against Aon Ltd. and Benfield Group Ltd., the...for the market's Central Fund. Lloyd's in March...material liability to Benfield. Obviously, Benfield will defend any action...reinsurers of the Central Fund-which is financed...
- LLOYD'S BOOSTS CENTRAL FUND WITH $800 MILLION POLICY.
- Magazine article from: Business Insurance GODDARD, SARAH April 26, 1999 700+ words
...Swiss Re in Zurich. To tap the Central Fund, Lloyd's would have to be hit...said David Spiller, chairman of Benfield Greig. Benfield Greig and Lloyd...said: "This strengthening of the Central Fund further enhances the security behind...
- Benfield Greig to Acquire E.W. Blanch for USD 179 Million.
- Press release article from: PR Newswire April 16, 2001 700+ words
...DALLAS, April 16 /PRNewswire/ -- Benfield Greig Group plc, the leading U.K...entered into a merger agreement under which Benfield Greig will acquire all of the outstanding...s U.S. operations will be renamed Benfield Blanch. John Coldman, Chairman of Benfield...
- BENFIELD GREIG TO ACQUIRE E.W.
- Press release article from: PR Newswire April 16, 2001 700+ words
BENFIELD GREIG TO ACQUIRE E.W. BLANCH FOR USD 179 MILLION...is transmitted on behalf of E.W. Blanch and Benfield Greig. London, England, and Dallas, Texas - 16 April, 2001 - Benfield Greig Group plc, the leading UK based independent...
- Benfield Blanch Completes Major Cat Modeling Transaction with RMS; Deal...
- Press release article from: Business Wire March 6, 2002 700+ words
...BUSINESS WIRE)--March 6, 2002 Benfield Group, the world's leading independent...transaction also includes the sale of Benfield Blanch's proprietary Catalyst(R...hurricane and tornado models to RMS. Benfield Blanch retains all rights to the Catalyst...
