Articles by Charles E. Boyle

Bermuda Insurers on a Roll – As Good as It Gets’

Although “One swallow maketh not a summer,” over two years of good results would seem to indicate that Bermuda’s insurers are on a roll. Both the new companies, founded after Sept. 11, and the older ones, already established on the …

“Episode V-The Cycle Strikes Back”

When we last left our hero Luke Underwriter, he was riding high, having seemingly conquered the evil forces of the soft cycle that had not so long ago threatened to overwhelm the insurance galaxy, turning companies’ hard earned profits into …

Lloyd’s of London Announces $3.387 Billion in 2003 Profits

If anyone harbors doubts that the insurance industry runs in cycles, they should examine Lloyd’s of London. It’s been through more cycles in its 316 years than any insurer. Some of the lowest points occurred relatively recently. In the late …

GAO Study Finds Unauthorized Health Insurers Piled Up $252M in Unpaid Claims

A study conducted by the U.S. General Accounting Office (GAO), released at the end of February, found that unauthorized health insurers are costing workers significant amounts in unpaid benefits. The entities surveyed, who did business between 2000 through 2002, ranged …

Warren Buffett-A Very Special American Icon

Warren Buffet may be only the second richest man in the world (around $36 billion), but he gets almost as much attention as Bill Gates in the number one spot. His annual letter to the shareholders of Berkshire Hathaway has …

Spanish Train Bombings Renew Terrorist Threat

March 11, 2004 now joins Sept. 11, 2001 as dates no one now living will ever forget. The sheer horror of watching the aftermath of 10 separate explosions on the Spanish rail network in Madrid brought home the brutal ferocity …

Slave Trade Suit Targets Lloyd’s, U.S. Companies

Ten present-day descendants of slaves who were transported from Africa in the 18th and 19th centuries have filed a lawsuit against R.J. Reynolds Tobacco Co., Fleet Boston Financial Corp. (as successor in interest to the Providence Bank of Rhode Island) …

Slave Trade Suit Targets Lloyd’s, U.S. Companies

Ten present day descendants of slaves, transported from Africa in the 18th and 19th centuries, have filed a law suit against R.J. Reynolds Tobacco Co., Fleet Boston Financial Corp. (as successor in interest to the Providence Bank of Rhode Island) …

Spanish Train Bombings Renew Terrorist Threat

March 11, 2004 now joins Sept. 11, 2001 as dates no one now living will ever forget. The sheer horror of watching the aftermath of 10 separate explosions on the Spanish rail network in Madrid brought home the brutal ferocity …

Spanish Train Bombings Renew Terrorist Threat

March 11, 2004 now joins Sept. 11, 2001 as dates no one now living will ever forget. The sheer horror of watching the aftermath of 10 separate explosions on the Spanish rail network in Madrid brought home the brutal ferocity …