London wholesaler Miller has raided Ardonagh Specialty’s Price Forbes for a nine-person casualty unit led...
Long Island diocese to end bankruptcy without sex abuse deal - Reuters
A Catholic diocese in Long Island, New York has asked a judge to end its Chapter 11 bankruptcy, after failing to get support from about 530 sex abuse survivors on a proposed $200 million settlement...
A Catholic diocese in Long Island, New York has asked a judge to end its Chapter 11 bankruptcy, after failing to get support from about 530 sex abuse survivors on a proposed $200 million settlement...
reuters.com /
Article / 8 days ago
Bayer Weighs ‘Texas Two-Step' Bankruptcy Filing Over Roundup
Bayer AG is weighing whether to use a controversial legal maneuver known as the Texas Two-Step bankruptcy to try to resolve tens of thousands of US lawsuits claiming its Roundup weedkiller causes...
Bayer AG is weighing whether to use a controversial legal maneuver known as the Texas Two-Step bankruptcy to try to resolve tens of thousands of US lawsuits claiming its Roundup weedkiller causes...
Article / 1 month ago
New Jersey Catholic diocese's $87.5 mln abuse settlement approved - Reuters
A U.S. bankruptcy judge on Thursday approved the Diocese of Camden's Chapter 11 bankruptcy plan, allowing the New Jersey diocese to move ahead with a $87.5 million settlement of sex abuse lawsuits.
A U.S. bankruptcy judge on Thursday approved the Diocese of Camden's Chapter 11 bankruptcy plan, allowing the New Jersey diocese to move ahead with a $87.5 million settlement of sex abuse lawsuits.
reuters.com /
Article / 1 month ago
European Insurance Market Update Q4 2023
In this update we assess the insurance market across all major lines of business in Europe, with a detailed look at the current European commercial lines insurance market in Q4 2023.
In this update we assess the insurance market across all major lines of business in Europe, with a detailed look at the current European commercial lines insurance market in Q4 2023.
Report / 2 months ago
Australia
In Australia, 2023 was the first 'normal' year since 2019. Public health concerns, however, were replaced by economic pessimism...
In Australia, 2023 was the first 'normal' year since 2019. Public health concerns, however, were replaced by economic pessimism...
Article / 3 months ago
What 6 key challenges will insurers face in 2024?
Climate change, Artificial Intelligence and ESG top this year's predictions in latest edition of Annual insurance review from international law firm RPC...
Climate change, Artificial Intelligence and ESG top this year's predictions in latest edition of Annual insurance review from international law firm RPC...
PR / 3 months ago
Reinsurance Market Dynamics
The January 1, 2024 treaty renewal proceeded relatively smoothly, as a rebound in profitability, rebuilding capital positions...
The January 1, 2024 treaty renewal proceeded relatively smoothly, as a rebound in profitability, rebuilding capital positions...
Report / 4 months ago
Asbestos plaintiffs fail to knock Trane companies out of bankruptcy - Reuters
A U.S. bankruptcy judge ruled Thursday that two Trane Technologies subsidiaries, Aldrich Pump and Murray Boiler, may remain in bankruptcy despite asbestos plaintiffs' arguments that the companies are not in "financial distress."
A U.S. bankruptcy judge ruled Thursday that two Trane Technologies subsidiaries, Aldrich Pump and Murray Boiler, may remain in bankruptcy despite asbestos plaintiffs' arguments that the companies are not in "financial distress."
reuters.com /
Article / 4 months ago
S&P Rating Criteria Prompts Reinsurance Rethink
Carriers that are negatively impacted by the rating agency's revised criteria could find capital relief in retrospective and tail cover solutions....
Carriers that are negatively impacted by the rating agency's revised criteria could find capital relief in retrospective and tail cover solutions....
Article / 5 months ago
J&J Settles First Talc Cases to Go to Trial After Failed Bankruptcies
Johnson & Johnson on Thursday said it has settled two lawsuits claiming its talc products caused cancer, the first such cases to go to trial since a federal court...
Johnson & Johnson on Thursday said it has settled two lawsuits claiming its talc products caused cancer, the first such cases to go to trial since a federal court...
Article / 5 months ago