According to Artemis' sources, activity in the industry-loss warranty (ILW) market has increased in the l...
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 / 1 month 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 / 1 month 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 / 1 month 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 / 1 month ago
Chaucer wants Delaware Court to uphold Bermuda’s segregated cell principles
The conflict between US and Bermuda legal systems offers no easy route for counterparties to fraud-impacted transactions...
The conflict between US and Bermuda legal systems offers no easy route for counterparties to fraud-impacted transactions...
Article / 2 months ago
Insurer in Full: Italy builds Europe’s latest public-private cat reinsurance scheme as Guy Carp advises on structure
Guy Carpenter is advising the Italian Association of Insurance Companies (Ania) on the construction of a new state-backed nat cat reinsurance scheme..
Guy Carpenter is advising the Italian Association of Insurance Companies (Ania) on the construction of a new state-backed nat cat reinsurance scheme..
Article / 2 months ago
Vesttoo bankruptcy case: Consolidation vs segregation now the focus
As the Vesttoo bankruptcy case continues in the Delaware court, it's apparent that a difference of opinion that emerged near the beginning of the saga...
As the Vesttoo bankruptcy case continues in the Delaware court, it's apparent that a difference of opinion that emerged near the beginning of the saga...
Article / 2 months ago
Chaucer files to appear in Vesttoo bankruptcy case, registers $257m claim
International specialty insurance and reinsurance group Chaucer plc, part of the China Re group of companies, has formally entered the Vesttoo bankruptcy...
International specialty insurance and reinsurance group Chaucer plc, part of the China Re group of companies, has formally entered the Vesttoo bankruptcy...
Article / 2 months ago
Vesttoo creditors seek to minimise Aon & equity holder bankruptcy plan votes
The Committee of Unsecured Creditors in the Chapter 11 bankruptcy case of insurtech Vesttoo have objected to broking group Aon being allowed multiple...
The Committee of Unsecured Creditors in the Chapter 11 bankruptcy case of insurtech Vesttoo have objected to broking group Aon being allowed multiple...
Article / 3 months ago
Aon given more time to respond to Clear Blue lawsuit over Vesttoo LOCs
Insurance and reinsurance broking giant Aon has been given an extended time-frame to respond to the complaint filed against it in the New York Supreme...
Insurance and reinsurance broking giant Aon has been given an extended time-frame to respond to the complaint filed against it in the New York Supreme...
Article / 3 months ago