All Legal articles – Page 2
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Online only
R&Q counts the cost of court judgment
R&Q "disappointed" in the court's decision in Equitas v Brandywine. Counter-claim possible.
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White Papers
RPC Comment - The end of back to back reinsurance?
Lexington Insurance Co v AGF Insurance LTD; and Lexington Insurance Co v Wasa International Insurance Co Ltd [2009]
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AnalysisInsurers disappointed by European BER proposals
Commission refuses to budge on excluding standard policy clauses
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Online only
Minster creditors meeting delayed by court
Minority of policyholders represented by Covington delay scheme of arrangement
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Features
Solvency II: A costly business
No one will make it official, but the new regulatory framework could cost the industry far more than an old estimate of €3bn. Liz Booth reports.
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Online onlyBermudian interests unite to form lobby group
Reinsurers, bankers and politicians create committee to defend island’s economy
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Global Matters
'Without prejudice' settlements
The recent case of Faraday Capital Ltd v Copenhagen Reinsurance Co Ltd has explored the limits of follow the settlements clauses when insurers have entered into a without prejudice settlement of an underlying claim. Aidan Christie QC examines the question whether a timely concession might sometimes be to insurers’ benefit.
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Recession creates new risks for UK law firms
Economic climate underlines professional indemnity needs
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Own risk is ‘biggest task’ of Solvency II
EMB says ORSA rules challenge insurers more than solvency capital ratios
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Online onlyInsurers ‘confused by BER’
European Commission ‘still unconvinced’ on standard policy conditions
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Online onlyBlock exemption edict expected on Monday
European Commission representative Eithne McCarthy to speak at insurance law event in London
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Guernsey insurance entities up 1%
Some growth despite competition from other jurisdictions
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State Farm to exit Florida property
Insurer intends to leave market within two years, after failing to achieve rate increase
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NAIC to ease rules for life insurers
$25 to $30bn could be freed by changes proposed by American Council of Life Insurers
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Ex-AIG Re chief sentenced to four years in jail
Christian Milton, a British former AIG executive, was found guilty of ‘finite reinsurance’ fraud involving AIG and Gen Re
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Garand to be sentenced on 4 March
Former Gen Re chief underwriter, found guilty of fraud last year, thought unlikely to receive heavier sentence than CEO
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Ex-AIG Re chief tells court of ‘tough London upbringing’
Statements made prior to Christian Milton’s sentencing for finite reinsurance fraud in the US
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California picks top three brokers
AON Benfield, Guy Carpenter and Willis Re will assist with earthquake reinsurance
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Jury decides for United National against Aon
Aon ordered to pay $24m in reinsurance dispute
