Marco Capital Holdings Limited, a European group specialising in the acquisition and management of property and casualty (P&C) insurance run-off portfolios and companies, has finalised the purchase of R&Q Gamma Company Limited. R&Q … [Read More...] about Marco Capital finalizes acquisition of R&Q Gamma
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Latest News
The Evolution of the Legacy Sector with Katie Reynold
Katie Reynolds is the Executive Director of AIRROC, the Association of Insurance and Reinsurance Run-Off Companies, the only U.S. nonprofit dedicated to promoting the interests of the legacy insurance and reinsurance community. She brings nearly a … [Read More...] about The Evolution of the Legacy Sector with Katie Reynold
AIRROC: Past, Present and Future
AIRROC marked its 20th anniversary with a panel discussion that highlighted the organization’s journey, its evolving role in the re/insurance sector, and its vision for the future. The panel featured Andrew Maneval, founding Chair of the Board of … [Read More...] about AIRROC: Past, Present and Future
The ECRA Pool Working Group Wins AIRROC’s 2025 Team of the Year Award!
“AIRROC, you’ve come a long way baby!” That was the title of the first message from the first Director of AIRROC, Trish Getty. And now, 20 years after that launch of “Vol. 1, No. 1” of what was then called “AIRROC Matters” we have come to a moment … [Read More...] about The ECRA Pool Working Group Wins AIRROC’s 2025 Team of the Year Award!
Regulatory
Chamber Pushes for Reform as Foreign Investors Exploit U.S. Legal System Through Litigation Funding
Comprehensive reforms are needed to address how third-party litigation funding (TPLF) operates within the federal tax and court system, according to the U.S. Chamber of Commerce Institute for Legal Reform (ILR), citing national security concerns and … [Read More...] about Chamber Pushes for Reform as Foreign Investors Exploit U.S. Legal System Through Litigation Funding
New York insurance law adds parametric insurance as covered insurance
Insurers who issue policies covering catastrophic weather-related events should take note of New York Assembly Bill 10344. As of January 12, 2025, insurers have the ability to incorporate parametric insurance into their insurance products as a … [Read More...] about New York insurance law adds parametric insurance as covered insurance
Legal
Enstar’s Cavello Bay sues Aspen for more than $400 million over alleged breach of reinsurance deal
Enstar subsidiary Cavello Bay Reinsurance Limited is seeking damages of more than $400 million against Aspen Insurance Holdings in a U.S. lawsuit over an alleged breach of a reinsurance agreement. Cavello Bay alleges in the lawsuit, which it filed … [Read More...] about Enstar’s Cavello Bay sues Aspen for more than $400 million over alleged breach of reinsurance deal
Discovery of Reinsurance Information Rolls On
Policyholders and claimants seeking to access reinsurance contracts and other reinsurance information and communications to support their claims continues to take up plenty of judicial time. Courts are split on the issues, but the issues are all … [Read More...] about Discovery of Reinsurance Information Rolls On
Events
Leveraging AI for Legacy Books of Business
Karen Borg, Consulting Director, Reinsurance Contracts at CNA, Teresa Snider, a partner at Porter Wright Morris & Arthur LLP, and John Standish, … [Read More...] about Leveraging AI for Legacy Books of Business
Market Insights and Perspectives
Presenters: Rebecca Wilkinson, Corporate Liability Restructuring, PwC Robbie Kerr, Corporate Liability Restructuring, PwC Louis Isaacson, … [Read More...] about Market Insights and Perspectives
Emerging Claims
Understanding Self-Driving Car Liability
Liability for self-driving car accidents can fall on the human driver, the manufacturer or even a third party depending on the cause of the accident. … [Read More...] about Understanding Self-Driving Car Liability
Insurers need to change business models to drive climate resiliency, report shows
New research published from Capgemini and Efma’s recent World Property and Casualty Insurance Report reveals that climate change is hurting the … [Read More...] about Insurers need to change business models to drive climate resiliency, report shows
