London wholesaler Miller has raided Ardonagh Specialty’s Price Forbes for a nine-person casualty unit led...
Baltimore bridge loss estimated at $1bn-$3bn with Lloyd's share $250mn+
Early analyst estimates are converging around an industry loss of between $1bn and $3bn for the collapse of the Francis Scott Key Bridge in Baltimore...
Early analyst estimates are converging around an industry loss of between $1bn and $3bn for the collapse of the Francis Scott Key Bridge in Baltimore...
Article / 1 month ago
Allianz urges rethink of £16.4mn BI ruling on appeal
Allianz has urged the UK's Court of Appeal to back its attempt to slash a £16.4mn ($20.8mn) payout to hospitality group Various Eateries for claims...
Allianz has urged the UK's Court of Appeal to back its attempt to slash a £16.4mn ($20.8mn) payout to hospitality group Various Eateries for claims...
Article / 5 months ago
AIG and Axa XL hit by Ukrainian airline's $83.3mn aviation claim
Ukrainian charter airline Wind Rose Aviation has sued units of AIG and Axa XL, demanding they pay out $83.3mn to cover the loss of nine planes detained in Russia and Ukraine since the conflict began...
Ukrainian charter airline Wind Rose Aviation has sued units of AIG and Axa XL, demanding they pay out $83.3mn to cover the loss of nine planes detained in Russia and Ukraine since the conflict began...
Article / 5 months ago
Liberty and Axa XL settle PizzaExpress BI suit
Liberty Mutual and Axa XL have settled a multi-million pound legal dispute with UK restaurant chain PizzaExpress over claims related to business...
Liberty Mutual and Axa XL have settled a multi-million pound legal dispute with UK restaurant chain PizzaExpress over claims related to business...
Article / 6 months ago
High Court told pandemic BI wordings could have been written by “chimpanzees”
Lawyers acting for a number of high-profile UK hospitality businesses have urged a London court to back their claim against insurers for pandemic-related...
Lawyers acting for a number of high-profile UK hospitality businesses have urged a London court to back their claim against insurers for pandemic-related...
Article / 6 months ago
S7 talks reignite insurer hopes of fresh settlements over seized aircraft
Russia's S7 Airlines is nearing a deal with aviation lessors to settle disputes over jets detained in the country following the invasion of Ukraine, in a move which could...
Russia's S7 Airlines is nearing a deal with aviation lessors to settle disputes over jets detained in the country following the invasion of Ukraine, in a move which could...
Article / 6 months ago
Insurer in Full: The wisdom in avoiding the lottery of litigation
The American journalist and author Ambrose Bierce once described litigation as “a machine you go into as a pig and come out of as a sausage”...
The American journalist and author Ambrose Bierce once described litigation as “a machine you go into as a pig and come out of as a sausage”...
Article / 7 months ago
Allianz, Ageas, QIC and RSA hit by seven BI group actions in wake of ExCeL test case
Four insurers – including the UK arms of Allianz, Ageas, QIC, and RSA – have been hit by a fresh wave of lawsuits filed by multiple SME owners, just...
Four insurers – including the UK arms of Allianz, Ageas, QIC, and RSA – have been hit by a fresh wave of lawsuits filed by multiple SME owners, just...
Article / 7 months ago