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Briefings
Our monthly column keeping a check on recent US and EU legislative and regulatory developments, in association with Sidley Austin LLP.
11 August 2009
Pro tenders for buyout offers
Swiss Re has put its UK run-off unit Pro Insurance Solutions (Pro) up for tender following the breakdown of sale talks with Randall & Quilter (R&Q) last month.
11 August 2009
Tawa launches share buyback
Legacy vehicle Tawa plc is buying back up to 10 percent of its stock to enhance its net asset value (NAV) per share.
11 August 2009
Ivis
Insider Vital Insurance Statistics, brought to you in association with Atlas Partners.
11 August 2009
Doubt cast on scope of 'landmark' Wasa judgment
The House of Lords decision to allow run-off reinsurers Wasa and AGF to deny "follow the settlement" coverage in respect of a substantial US pollution claim may not be as decisive as first thought.
11 August 2009
IFEX launches two new US wind contracts
Cat derivative operation IFEX has added to its suite of event-linked futures, listing Eastern seaboard and North East US tropical wind contracts on the Chicago Climate Futures Exchange (CCFE).
11 August 2009
Shareholders' funds in Q2 fightback
The financial markets' relative return to health has also invigorated the industry’s under-the-weather balance sheets.
11 August 2009
International digest
White Mountains uses Sirius to shore up capital base; Bermuda approves first 2009 Class 4 reinsurer; Greenberg settles with SEC; Hartford leaps further with increased capital raise; Apollo forms new Bermuda life reinsurer...
11 August 2009
Buffy
Choppy waters: Buffy on a clever way to profit from the syndicate pre-emptions.
11 August 2009
PwC ups OIC payment to 50 percent
Administrators PricewaterhouseCoopers (PWC) have increased the payment percentage to creditors who have established their liabilities under the OIC Run-Off scheme.
11 August 2009
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