Does Lloyd's have a future

Article Abstract:

Lloyd's of London is experiencing severe financial difficulties after suffering three years of sharp losses since 1988. The losses, which came after 20 years of continual profits for the British insurance institution, has led to calls for increased regulation to protect the interests of the wealthy investors who assume the risks of the insurance policies granted by Lloyds. These private investors, commonly referred to as Names, are subject to unlimited liability and a substantial number of them have taken action to pressure Lloyd's market practitioners to reform the way in which the insurance institution is operated. Some of these investors have even formed pressure groups which are seeking legal compensation for the losses incurred by investors in recent years.

Fire, marine, and casualty insurance, Insurance industry, Cover Story, Lloyd's of London

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Only the best for furry friends

Article Abstract:

The billion-pound British pet food industry is dominated by Pedigree Petfoods, the market leader that holds a market share of over 60% from the sale of over 20 different brands. Pedigree Foods, which is controlled by the Mars Corp, markets the leading dog food brand, Pedigree's Chum, as well as the leading cat food brand, Whiskas. Its closest competitors are Spillers and Quaker Oats. Spillers, which is controlled by the Dalgety Group, markets such brands as Prime dog food and Kattomeat cat food. Quaker Oats, on the other hand, markets such brands as Chunky dog food and Felix cat food. The rest of the market is catered for by some 50 small companies that provide specialized pet food products in key market segments.

Dog and cat food, Industry Overview, Market share, Pet supplies industry, Pedigree Petfoods

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