Insight and Intelligence on the London & International Insurance Markets

21 September 2017

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Legal

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Greenberg wins round in Spitzer legal battle

15 September 2017

Maurice "Hank" Greenberg won a round in his pursuit of former New York Attorney General Eliot Spitzer as a state appeals court ruled that the former AIG CEO could seek a defamation judgment against his legal nemesisRead more


Ogden change could save (re)insurers $3.3bn: EY

7 September 2017

UK government proposals to reform the way the Ogden rate is calculated could save the (re)insurance industry £2.5bn ($3.3bn), according to Ernst & Young (EY)Read more


Exin Re CEO departs amid pay dispute

5 September 2017

Exin Re CEO Marc Maupoux has resigned after staff at the Zurich-based reinsurer went unpaid for months, and is currently engaged alongside other staff in official proceedings to recover the money as Matt Fairfield's insurance group readies a counterclaimRead more


Harvey losses to create complex legal challenge

5 September 2017

Determining the root cause of Hurricane Harvey losses and identifying whether claims should fall to the private sector or the state will create a huge legal conundrum in the wake of the storm, lawyers have saidRead more


Lloyd’s insurers file counterclaim in Kanye West dispute

31 August 2017

A consortium of Lloyd's underwriters have filed a counterclaim in an ongoing lawsuit against rapper Kanye West, citing "substantial irregularities" in the artist's medical historyRead more


Maiden and whistleblowing ex-COO fail to settle

29 August 2017

Maiden has failed to find significant common ground with its former chief operating officer Bentzion Turin, who accused the company of fraud over a key $260mn transaction in 2009Read more


Suncorp’s Vero appeals against vetoed Tower purchase

23 August 2017

The Vero unit of Australian insurer Suncorp has lodged a court appeal in New Zealand against the competition regulator's July decision to block its NZ$236.1mn ($172.3mn) takeover of TowerRead more


Maiden eyes settlement with whistleblowing ex-COO

18 August 2017

Maiden is set to enter settlement talks with its former COO Bentzion Turin, who has spent the best part of the last decade maintaining that the beleaguered reinsurer committed fraud in a key $260mn transaction in 2009Read more


Assurant taps MMC for legal chief

15 August 2017

Assurant has named Carey Roberts as its new chief legal officer, replacing the retiring Bart SchwartzRead more


Opinion: Ogden appeal

14 August 2017

The chaos unleashed by the UK government's decision to alter the Ogden discount rate in February has continued this week, as another round of earnings results has laid bare the impact on (re)insurersRead more


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