Catastrophe loss data aggregator PERILS AG has released its Industry Exposure Database (IED) for 2024, wh...
Florida property insurers near break-even. Data suggests improvement to continue
Data suggests that Florida domestic market property insurance companies will experience improving performance, as the effects of recent legislative...
Data suggests that Florida domestic market property insurance companies will experience improving performance, as the effects of recent legislative...
Article / 8 days ago
Bermuda Supreme Court sanctions Vesttoo settlement agreements and plan
After a hearing held on Friday in the Supreme Court of Bermuda, an order has been filed that sanctions the settlement agreements that had been proposed...
After a hearing held on Friday in the Supreme Court of Bermuda, an order has been filed that sanctions the settlement agreements that had been proposed...
Article / 25 days ago
Bermuda court to hear Vesttoo settlement application this week
The Supreme Court of Bermuda will hold a hearing in relation to the Vesttoo bankruptcy case this week, as the focus for creditors and cedents turns to...
The Supreme Court of Bermuda will hold a hearing in relation to the Vesttoo bankruptcy case this week, as the focus for creditors and cedents turns to...
Article / 29 days ago
Hannover Re, Vesttoo, creditors reach settlement over longevity swap
Another settlement agreement has been reached in the Vesttoo bankruptcy case, as the debtors, the Official Committee of Unsecured Creditors and...
Another settlement agreement has been reached in the Vesttoo bankruptcy case, as the debtors, the Official Committee of Unsecured Creditors and...
Article / 1 month ago
Vesttoo case: Settlement agreement closer, as creditors and JPL's near compromise
Creditor parties in the bankruptcy of insurtech Vesttoo are much closer now to an agreement on the settlements that had provisionally been reached...
Creditor parties in the bankruptcy of insurtech Vesttoo are much closer now to an agreement on the settlements that had provisionally been reached...
Article / 2 months ago
Florida: Reforms encourage carriers, drive property insurance market improvement
The legislative reforms aimed at improving the property insurance market in Florida are increasingly seen as having a positive effect, with carriers...
The legislative reforms aimed at improving the property insurance market in Florida are increasingly seen as having a positive effect, with carriers...
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 / 2 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 / 2 months ago
Tel Aviv court dismisses Vesttoo's claim against co-founders & execs accused of fraud
The Tel Aviv District Court has dismissed insurtech Vesttoo's initial attempt to claim damages from its two ousted co-founders...
The Tel Aviv District Court has dismissed insurtech Vesttoo's initial attempt to claim damages from its two ousted co-founders...
Article / 2 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 / 2 months ago