Legal
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There is a growing disconnect between risk and pricing in the class.
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Jim Williamson said litigation funding had evolved into an investment class.
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There is the prospect of fragmented appeals and uncertainties around reinsurance recoveries.
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The carrier said it is disappointed with the English High Court’s decision.
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The UK High Court has ruled in favour of lessors in the multi-billion-dollar dispute.
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The documents figure in a potential criminal case against a CCB employee.
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In Partnership With MarkelInsurers could face a “heightened claims exposure” due to increased regulation scrutiny on the fintech industry, including buy now pay later schemes, AI and crypto, said Nick Rugg, Head of Fintech and Investment Management Insurance for Markel International.
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Burford’s CEO said Chubb is inappropriately using its corporate power.
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In January, 32 Acquinex employees resigned, with 22 moving to Howden’s underwriting arm.
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The aircraft lessor has booked $654mn in settlements from insurers over the past year.
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AIG, HDI Global and others have settled. Chubb’s fight continues.
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Marsh alleges Aon also went after its clients as well as its employees.
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