Legal
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The ruling comes as insurers face growing legal pressures following the January blazes. -
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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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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