All Legal articles – Page 3
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Online onlyXL Re gets Brazil local status
XL Re gets approval as a local reinsurer incorporated in Brazil
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Online onlyNAIC adopts new reinsurance proposals
Could lead to cuts in US collateral requirements for foreign reinsurers.
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Online onlyHeritage receives Bahrain licence
Central Bank of Bahrain cites 'large opportunities' for insurance management services
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Online onlyAsbestos: UK judge upholds market practice
Ruling means no cash boost for UK insurers and run-off specialists
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Allstate fined $5m in Florida
Company told to write more homeowner policies after attempts to reduce its exposure
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California ends bogus re schemes
State supervisor Poizner clamps down on captive kickbacks and fines offending firm
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Law firms face increasing liability claims
Marsh warns that economic downturn points to greater need for professional indemnity cover
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Marsh forms regulation and tax practice
Division to be led from London by new appointee previously with Aon
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AnalysisQBE to pursue New Cap Re
Judge decides there is a case to be answered by reinsurer in liquidation
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Investment Analysis
When a hedge fund sneezes
Will reinsurers catch a cold? Hedge funds experienced their first negative quarter on record in Q1. That could have dire consequences for the insurance companies and products they invest in, explains Lindsey Rogerson.
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Country Analysis
Switzerland: The pressure cooker
Switzerland is increasingly home from home for Bermuda reinsurers. David Banks assesses its alpine attractions.
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GR Focus
Bermuda: Trouble in paradise?
The credit crunch, unpopular policies and the ever-looming threat of a major catastrophe loss are just some of the challenges facing Bermuda reinsurers. Some say Bermuda is losing its shine and yet the market has enjoyed two years of record profits. Helen Yates takes stock.
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Industry Matters
Balancing the scales
The Law Commissions’ proposed changes in insurance law will be welcomed as a means to correct perceived bias, says Ken McKenzie.
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Industry Matters
Ain’t no ocean wide enough
The Transatlantic insurance relationship could receive a boost if a joint proposal from both sides of the pond is applied, says Alberto Corinti.
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AnalysisBermuda executives "uncomfortable" with island politics
The Bermuda premier Ewart Brown shut down parliamentary debate last month
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Markel wins case against surety bond underwriter
Court heard that premium was secretly diverted to an offshore entity for profit
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