Legal

XL Catlin will proceed with plans to move its European and Asian insurance headquarters to Dublin from London in order to retain European Economic Area (EEA) passporting rights after the UK leaves the bloc.

Access Insurance tried to avoid liquidation by finding additional capital but failed, the South Carolina insurance regulator has confirmed

Access General's California operation faces a cease and desist order from state Insurance Commissioner Dave Jones, who says the non-standard auto specialist has failed to maintain its required capital base and could be taken under state control.

Access General's California operation faces a cease and desist order from state Insurance Commissioner Dave Jones, who says the non-standard auto specialist has failed to maintain its required capital base and could be taken under state control.

The new global capital framework for insurers is likely to be delayed beyond the planned late-2019 introduction date, according to the Association of British Insurers (ABI)'s director of regulation Hugh Savill.

Oklahoma's proposed law on insurance business transfers (IBTs) could be on Governor Mary Fallin's desk as soon as May, according to a state insurance official.

Exin Group is set to meet top Bank of Greece (BoG) executives early next week to discuss its attempted acquisition of Ethniki insurance, according to a report by Greek trade publication Insuranceworld.gr.

US wholesaler Keating has secured a partial injunction in a legal battle to restrain a group of ex-employees from pitching their new employer, Worldwide Facilities, to former Keating colleagues and clients.

CBL Insurance Europe was placed in administration Monday by the Bank of Ireland, after the parent company and domestic subsidiaries entered voluntary administration in New Zealand.

Calamos Family Partners executives John Calamos and John Koudounis have filed a lawsuit against Exin founder Matt Fairfield in the Netherlands in their latest bid to recover more than $41mn in loans from the start-up, according to a report by Greek newspaper Kathimerini.

John Calamos and John Koudounis, financial backers of Exin, have accused company founder Matt Fairfield of taking positions “contrary to the truth” regarding their involvement in a EUR718mn ($897mn) bid to acquire Greek insurer Ethniki, in a Dutch lawsuit seen by The Insurance Insider.

The Chinese insurance regulator has seized Anbang Insurance Group and revealed the company's former chairman is being prosecuted for "economic crime".