Insurance rates in the first quarter of 2024 declined 2% in the IMEA region, where rates for large and co...
Bank wins Ponzi scheme settlement coverage appeal
An Ohio bank can claim insurance coverage from an American International Group Inc. unit for a settlement it paid to end litigation related to a Ponzi scheme it was caught up in in the early 2000s, a...
An Ohio bank can claim insurance coverage from an American International Group Inc. unit for a settlement it paid to end litigation related to a Ponzi scheme it was caught up in in the early 2000s, a...
Article / 3 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 / 4 months ago
Latest Batch Of Payouts To 25,000 Victims Of Madoff Ponzi Scheme Total Almost $160 Million - Forbes
Nearly 25,000 victims will receive payouts totalling nearly $160 million, as the Justice Department’s total compensation to victims reaches $4.22 billion...
Nearly 25,000 victims will receive payouts totalling nearly $160 million, as the Justice Department’s total compensation to victims reaches $4.22 billion...
forbes.com /
Article / 5 months ago
FTX Legal Drama Includes D&O Coverage Fight (Now Withdrawn, but Not Forgotten) - D&O Diary
The drama surrounding former crypto mogul Samuel Bankman-Fried’s criminal prosecution and conviction has dominated the business pages for weeks....
The drama surrounding former crypto mogul Samuel Bankman-Fried’s criminal prosecution and conviction has dominated the business pages for weeks....
Article / 6 months ago
European D&O Claims Trends among Private (unlisted) Companies
Few people have a better understanding of the existing and emerging claims trends under Directors and Officers (D&O) insurance than our claims...
Few people have a better understanding of the existing and emerging claims trends under Directors and Officers (D&O) insurance than our claims...
Article / 7 months ago
Maintaining discipline in a loss environment - The Insurer
Jason Busti, president, North America at Axis Re, explains some of the key trends in the North American reinsurance market....
Jason Busti, president, North America at Axis Re, explains some of the key trends in the North American reinsurance market....
Article / 8 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
Greensill Administrator Suing Zurich Insurance - FiNews
The administrator for a German bank owned by Greensill Capital is suing Zurich Insurance for losses it claims were covered by the Swiss insurer. Zurich said it will contest the action...
The administrator for a German bank owned by Greensill Capital is suing Zurich Insurance for losses it claims were covered by the Swiss insurer. Zurich said it will contest the action...
finews.com /
Article / 9 months ago
JP Morgans claim against Frank on grounds of fraud - Actuarial Post
JP Morgan has announced today that it is to make a claim on its Representations and Warranties insurance over the failed $175m acquisition of Frank, and the...
JP Morgan has announced today that it is to make a claim on its Representations and Warranties insurance over the failed $175m acquisition of Frank, and the...
actuarialpost.co.uk /
Article / 11 months ago
