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  • Tawa Group is set to float on London’s Alternative Investment Market (AIM) and become the first non-life run-off consolidator to list in London, The Insurance Insider can reveal.
  • Tawa Group is set to float on London’s Alternative Investment Market (AIM) and become the first non-life run-off consolidator to list in London.
  • A preliminary hearing at Southwark Crown Court on Friday 24 March is expected to set the trial date for three former directors Independent Insurance who are charged with conspiracy to defraud. As stated by the Serious Fraud Office, former chairman...
  • Scottish judge Lord Glennie's comments on the fundamental issue of fairness effectively halted the Scottish Lion solvent scheme of arrangement and could block progress on schemes currently in the pipeline.
  • Scottish judge Lord Glennie's comments on the fundamental issue of fairness effectively halted the Scottish Lion solvent scheme of arrangement and could block progress on schemes currently in the pipeline, according to industry experts.
  • The liquidating trustees of collapsed Bemudian headquartered insurer Trenwick Group is suing its accountants, advisers and former directors for allegedly illegally diverting funds to ensure they were all paid.
  • Until recently, one would be forgiven for thinking the inmates had taken over the M&A asylum. While specialist Lloyd’s and Bermudian (re)insurers were (and indeed are) routinely trading at heavy discounts to their asset value – despite, in many cases, bei
  • A US congressional committee criticised former AIG executives last week during a hearing to examine the regulatory mistakes and financial excesses that led to the $85bn September bailout of the insurance giant.
  • More than four years after the Serious Fraud Office (SFO) began investigating one of the UK’s largest recent insurance failures, charges of conspiracy to defraud have been laid against three former directors of Independent Insurance.
  • R&SA proposed US spin-off receives a thumbs up; Bear Stearns completes Minster acquisition