The environmental toll of Bitcoin could be even higher this year than last...
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 / 4 days ago
AM Best: US gov's SVB action saved D&O writers from potentially “significant” claims
US government action to make all depositors whole at collapsed Silicon Valley Bank means D&O insurance underwriters have avoided what could have...
US government action to make all depositors whole at collapsed Silicon Valley Bank means D&O insurance underwriters have avoided what could have...
Article / 11 days ago
Private Equity Portfolio Firms – our claims case studies demonstrate a complex, threatening risk environment
Private equity portfolio firms and their directors are involved in a lot more deals than most executives and face a uniquely challenging and exposed role as a result...
Private equity portfolio firms and their directors are involved in a lot more deals than most executives and face a uniquely challenging and exposed role as a result...
Article / 12 days ago
SVB's $180mn D&O cover set to be triggered as execs sued by shareholders
The first of potentially many lawsuits against executives of Silicon Valley Bank (SVB)'s parent has been filed, with the insurers of the bank's...
The first of potentially many lawsuits against executives of Silicon Valley Bank (SVB)'s parent has been filed, with the insurers of the bank's...
Article / 12 days ago
Focus on SVB's $180mn D&O tower as US acts to avert wider banking crisis
Silicon Valley Bank has a $180mn D&O tower in place which is likely to be the initial focus of attention for insurers after fears of contagion and...
Silicon Valley Bank has a $180mn D&O tower in place which is likely to be the initial focus of attention for insurers after fears of contagion and...
Article / 13 days 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 / 13 days ago
Lehman Brothers' European unit loses bid to recoup $485 mln from bond insurer - Reuters
A New York judge rejected a bid by the former Lehman Brothers' bankrupt European unit to claw back $485 million from bond insurer Assured Guaranty Ltd over transactions that were canceled amid the global financial crisis...
A New York judge rejected a bid by the former Lehman Brothers' bankrupt European unit to claw back $485 million from bond insurer Assured Guaranty Ltd over transactions that were canceled amid the global financial crisis...
reuters.com /
Article / 17 days ago
QBE secures $1.9bn LPT from Enstar on portfolio including financial lines and reinsurance
QBE has entered into another legacy transaction to tackle adverse development on prior-year liabilities, with a ground-up loss portfolio...
QBE has entered into another legacy transaction to tackle adverse development on prior-year liabilities, with a ground-up loss portfolio...
Article / 1 month ago
We Insured FTX
Late last year, the leader of a Bermuda insurance company specializing in coverage for emerging sectors, including the digital asset ecosystem...
Late last year, the leader of a Bermuda insurance company specializing in coverage for emerging sectors, including the digital asset ecosystem...
Article / 2 months ago
Australia
In this chapter of our Annual Insurance Review 2023, we look at the main developments in 2022 and expected issues in 2023 for Australia...
In this chapter of our Annual Insurance Review 2023, we look at the main developments in 2022 and expected issues in 2023 for Australia...
Article / 2 months ago
