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Schwarzmann takes $1bn Lehman role
Last month The Insurance Insider predicted PwC partner Dan Schwarzmann’s time was likely to become more scarce following his elevation to head the firm’s Business Recovery Service Practice, just as the Western economies teeter...
07 October 2008
Europe still new run-off frontier
The received wisdom that Europe is the new frontier for developments in managing legacy business was given succour last week, following a survey where 98 percent of respondents agreed...
16 March 2009
Lancashire re-domicile opens door for followers
London market (re)insurer Lancashire has become the first in the sector to test the UK government's commitment to reducing the tax burden on controlled foreign companies, potentially opening the door for its peers to follow suit.
04 August 2011
Industry lags on female board representation
Amid the current drive from UK politicians to encourage more women into the boardroom, the listed Lloyd's insurers are looking somewhat unreconstructed.
23 April 2012
(Re)insurers contemplate major accounting shake-up
Accounting rules for (re)insurers writing long-tail risks and using one of the two recognised international standards are likely to get more complicated, following proposed changes announced last week.
09 August 2010
Scottish Lion ruling welcomed, but sanction hangs in balance
The Scottish Appeal Court dealt "very clearly" with the concern created in the run-off market by the first instance dismissal of the proposed Scottish Lion scheme of arrangement, says law firm Reynolds Porter Chamberlain (RPC).
10 February 2010
RBSI prepares for multi-billion pound restructuring
The UK's largest motor insurer, Royal Bank of Scotland Insurance (RBSI), is preparing for a multi-billion pound corporate restructuring in advance of a sale process likely to take place in 2012.
12 July 2010
Scottish Lion scheme formally rejected
The delayed case management conference for the Scottish Lion scheme of arrangement that took place today (14 October) has resulted in the scheme being formally dismissed, The Insurance Insider has learned.
14 October 2009
Confusion reigns following Scottish Lion shock
The run-off industry will again look to Scotland later this month to see whether the confusion created by last month's shock Scottish Lion decision becomes clearer after a case management conference, currently scheduled for the 12 October.
06 October 2009
Stirling Cooke Brown finally liquidated
Stirling Cooke Brown Insurance Brokers Ltd (SCB), the firm at the centre of the notorious personal accident LMX spiral of the late 1990s, was placed into liquidation on 20 January 2009.
04 February 2009
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