Insurers in the emirate typically buy low-attaching reinsurance....
Insider in full: Supply-chain cost pressure still front of mind for insurers
Fragile supply chains are driving up costs.
Fragile supply chains are driving up costs.
Article / 2 months ago
Westford refutes insurer’s claim it misled financiers over Phoenix trades - Global Trade Review
Westford Trade Services has fiercely hit back at allegations it misled potential financiers by manipulating its exposure to since-collapsed trader Phoenix Commodities.
Westford Trade Services has fiercely hit back at allegations it misled potential financiers by manipulating its exposure to since-collapsed trader Phoenix Commodities.
gtreview.com /
Article / 3 months ago
Global Financial Solutions Claims Review 2023
This review looks at the credit and political risk insurance and political violence losses in 2023...
This review looks at the credit and political risk insurance and political violence losses in 2023...
Article / 3 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 / 3 months ago
Oakland Diocese Creditors Want Insurer Discovery In Ch. 11 - Law360
The unsecured creditors in the bankruptcy of the Roman Catholic Diocese of Oakland, California, are asking a California bankruptcy judge for permission to subpoena the diocese's insurers for information on their ability
The unsecured creditors in the bankruptcy of the Roman Catholic Diocese of Oakland, California, are asking a California bankruptcy judge for permission to subpoena the diocese's insurers for information on their ability
law360.com /
Article / 6 months ago
Greensill collapse: IAG estimates $7 billion in legal claims - insuranceNEWS.com.au
IAG has provided an update on its potential financial exposure following the collapse of financial firm Greensill in 2021....
IAG has provided an update on its potential financial exposure following the collapse of financial firm Greensill in 2021....
insurancenews.com.au /
Article / 8 months ago
Chubb completes payment of $800mn Boy Scouts bankruptcy settlement
Chubb has paid the remaining $500mn for the $800mn agreement-in-principle made to settle sexual harassment claims associated with the Boy Scouts...
Chubb has paid the remaining $500mn for the $800mn agreement-in-principle made to settle sexual harassment claims associated with the Boy Scouts...
Article / 12 months ago
Boy Scouts insurers seek to delay $2.5 bln abuse deal, bankruptcy exit - Reuters
A group of Boy Scouts' insurers on Friday asked a judge to delay the youth group's exit from bankruptcy to allow them more time to appeal a record-setting $2.46 billion settlement of sexual abuse claims.
A group of Boy Scouts' insurers on Friday asked a judge to delay the youth group's exit from bankruptcy to allow them more time to appeal a record-setting $2.46 billion settlement of sexual abuse claims.
reuters.com /
Article / 1 year ago
Spanish insurer Mapfre holds $22 mln worth of Silicon Valley Bank, Credit Suisse debt - Reuters
Spanish insurer Mapfre said on Wednesday it has parked the equivalent of $22 million in debt issued by beleaguered banks Silicon Valley Bank and Credit Suisse, a fraction of its 41 billion euros funds...
Spanish insurer Mapfre said on Wednesday it has parked the equivalent of $22 million in debt issued by beleaguered banks Silicon Valley Bank and Credit Suisse, a fraction of its 41 billion euros funds...
reuters.com /
Article / 1 year ago
Insurer in Full: The SVB tremors will still be felt despite the bail-out
Keen industry historians will recall SVB as the nearly bust Lloyd’s insurer that was pulled back from the abyss 20 years ago under a new management team led by Matthew Fosh...
Keen industry historians will recall SVB as the nearly bust Lloyd’s insurer that was pulled back from the abyss 20 years ago under a new management team led by Matthew Fosh...
Article / 1 year ago