The temple of good fortune: after a brief scare in America's courts, Lloyd's of London has won approval for a much-needed settlement plan
Article Abstract:
A US appeals court ruled that any Lloyd's of London names who wish to pursue legal action against the insurer must file such actions in British courts. The ruling means that about 3,000 names will become part of the settlement. It will also allow the company to begin rebuilding.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1996
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Shake, rattle, and roll the dice: global reinsurance
Article Abstract:
The global reinsurance industry is undergoing a consolidation, as acquisitions and mergers in the industry are occurring quickly. The biggest deal was the acquisition by Munich Re, the world's biggest reinsurance company, of American Re for $3.3 billion.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1996
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Filling a gap
Article Abstract:
The need for a reinsurance market to be developed in China is examined in detail. The economic impact of lack of reinsurance is also explained.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 2001
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