Swiss Re announced plans to withdraw from its digital B2B2C insurance business, iptiQ, following a strate...
Porch sues Gallagher over brokers' role in Vesttoo reinsurance transactions
Porch Group, the owner of insurer Homeowners of America Insurance Company (HOA) which was impacted by the Vesttoo reinsurance letter of...
Porch Group, the owner of insurer Homeowners of America Insurance Company (HOA) which was impacted by the Vesttoo reinsurance letter of...
Article / 5 days ago
Slide's new & largest cat bond makes reinsurance tower ~70% multi-year: CEO
Slide Insurance Company, the full-stack property insurtech company founded by Bruce Lucas in Florida, now counts roughly 70% of its reinsurance as being...
Slide Insurance Company, the full-stack property insurtech company founded by Bruce Lucas in Florida, now counts roughly 70% of its reinsurance as being...
Article / 1 month ago
$1bn of London Bridge 2 capital flow targeted for 2024: CFO Keese
According to Lloyd's Chief Financial Officer (CFO), Burkhard Keese, the London Bridge 2 PCC insurance-linked securities (ILS) structure is targeted...
According to Lloyd's Chief Financial Officer (CFO), Burkhard Keese, the London Bridge 2 PCC insurance-linked securities (ILS) structure is targeted...
Article / 2 months ago
Oxbridge Re aiming to raise $10mn for sidecar via digital token sale
The Cayman Islands entity raised $2.4mn last June. Oxbridge Re said proceeds from the sale of $10mn worth of digital tokens via its wholly...
The Cayman Islands entity raised $2.4mn last June. Oxbridge Re said proceeds from the sale of $10mn worth of digital tokens via its wholly...
Article / 2 months ago
Vesttoo case: Constructive trust & cell issues persist, as JPL's object to settlements
The joint provisional liquidators (JPL’s) to the cells of the Aon White Rock SAC vehicle that were affected by the Vesttoo letter of credit (LOC) in...
The joint provisional liquidators (JPL’s) to the cells of the Aon White Rock SAC vehicle that were affected by the Vesttoo letter of credit (LOC) in...
Article / 3 months ago
Vesttoo creditors, Beazley, Porch settle on bankruptcy plan & Vesttoo Bay XIX funds
Another settlement agreement has been reached between the Official Committee of Unsecured Creditors in the Vesttoo bankruptcy case and two of the...
Another settlement agreement has been reached between the Official Committee of Unsecured Creditors in the Vesttoo bankruptcy case and two of the...
Article / 3 months ago
Vesttoo creditors, Chaucer settle over $18.9m funds & segregated cell ownership
Another settlement has now come to light thanks to the mediation between Vesttoo bankruptcy creditors, with specialty insurance and reinsurance...
Another settlement has now come to light thanks to the mediation between Vesttoo bankruptcy creditors, with specialty insurance and reinsurance...
Article / 3 months ago
Vesttoo case mediation completed with "several" settlements said reached
The recent mediation between parties involved in the Vesttoo Chapter 11 bankruptcy proceedings has now been completed and a report from the mediator says
The recent mediation between parties involved in the Vesttoo Chapter 11 bankruptcy proceedings has now been completed and a report from the mediator says
Article / 3 months ago
Vesttoo creditors, Clear Blue settle on bankruptcy plan and Vesttoo Bay XIV funds
The Official Committee of Unsecured Creditors in the Vesttoo bankruptcy case has reached a proposed settlement with fronting specialist Clear Blue
The Official Committee of Unsecured Creditors in the Vesttoo bankruptcy case has reached a proposed settlement with fronting specialist Clear Blue
Article / 3 months ago
Aon parts ways with Finnerty and McNulty in the wake of Vesttoo episode
Aon parted ways last month with at least three senior executives involved with its segregated cell platform White Rock, including its Dublin-based leader Dermot...
Aon parted ways last month with at least three senior executives involved with its segregated cell platform White Rock, including its Dublin-based leader Dermot...
Article / 3 months ago