Market surges ahead

For the first time in more than a decade, Lloyd's is riding the crest of a wave as its competitors suffer. Robert CB Miller examines this turn in fortunes.

Not for many years has Lloyd's been subject to such a large amount of
good news. Its figures for 2002 published on an annual accounting basis
recorded a return to profit and its credit ratings have

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ABI insists fire safety scheme is temporary

Mervyn Skeet, the Association of British Insurers’ director of general insurance, has outlined how the trade body will ensure the Fire Safety Reinsurance Scheme will only last three to five years, and how it will should end criticism of brokers earning commission for arranging cover.

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