PwC has refuted the “false allegations” made in an anonymous letter that surfaced on social media, accusi...
Chaucer: Vesttoo bankruptcy plan "unconfirmable" with "numerous material issues"
International specialty insurance and reinsurance group Chaucer has responded robustly to objections made by other creditors after its recent entry to the...
International specialty insurance and reinsurance group Chaucer has responded robustly to objections made by other creditors after its recent entry to the...
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 / 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
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 / 4 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
Bankruptcy court sets Vesttoo pre-trial hearing dates - The Royal Gazette
Scheduled pre-trial hearings for the Vesttoo bankruptcy will begin on the morning of January 16 in the US Bankruptcy Court for the District of Delaware...
Scheduled pre-trial hearings for the Vesttoo bankruptcy will begin on the morning of January 16 in the US Bankruptcy Court for the District of Delaware...
royalgazette.com /
Article / 4 months ago
Over $4.8bn in claims levelled against Vesttoo entities by bankruptcy creditors
It appears that, in aggregate, creditors to the bankruptcy of forged reinsurance letter of credit (LOC) linked insurtech Vesttoo have filed over $4.8 billion...
It appears that, in aggregate, creditors to the bankruptcy of forged reinsurance letter of credit (LOC) linked insurtech Vesttoo have filed over $4.8 billion...
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
US Trustee aims to speed Vesttoo liquidation, preserve value for stakeholders
In a sign that the Vesttoo saga could be sped through the courts in order to liquidate the insurtech and its assets, to protect value for stakeholders...
In a sign that the Vesttoo saga could be sped through the courts in order to liquidate the insurtech and its assets, to protect value for stakeholders...
Article / 6 months ago