Bermuda-domiciled legacy reinsurer Compre Group Holdings Limited has completed an insurance business transfer of a portfolio of European casualty and motor liabilities from Ethias S.A. (Ethias). The transfer follows a prior Ethias Loss Portfolio … [Read More...] about Compre completes legal transfer of European liability portfolio from Ethias
Main Content
Latest News
DARAG announces LPT and PTA deal with European carrier
DARAG Deutschland AG, the German insurance carrier of DARAG Group, has completed a loss portfolio transfer (LPT) with a European carrier. This deal, the firm stated. Will be followed by a portfolio transfer (PTA) with the carrier. Tom Booth, … [Read More...] about DARAG announces LPT and PTA deal with European carrier
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
Fifth Circuit Definitively Rejects Manifest Disregard As a Ground for Vacatur of an Arbitration Award
The grounds for vacating an arbitration award under the Federal Arbitration Act (“FAA”) are limited. For decades, however, parties have raised manifest disregard of the law as a ground for vacatur. Many courts have limited or rejected manifest … [Read More...] about Fifth Circuit Definitively Rejects Manifest Disregard As a Ground for Vacatur of an Arbitration Award
Social Media and Insurance Coverage: A TikTok-ing Clock
This presentation explores the evolving intersection of social media and insurance coverage, emphasizing the rapidly growing risks and claims stemming from platforms like TikTok. Legal, regulatory, and market-based concerns are brought to light, … [Read More...] about Social Media and Insurance Coverage: A TikTok-ing Clock
Events
Notable Insurance Coverage Cases
This session offered a comprehensive review of some of the largest and most notable coverage cases from 2024. David Silvers, Complex Assumed Claims … [Read More...] about Notable Insurance Coverage Cases
Runoff Deal Market Forum 2025
This February, AIRROC and Mayer Brown were pleased to co-host their Seventh Annual Runoff Deal Market Forum (the “Deal Forum”) at Mayer Brown’s New … [Read More...] about Runoff Deal Market Forum 2025
Emerging Claims
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
Climate Change and Reinsurance
Climate change is an existential risk to human life. But, before we get to life as we know it potentially disappearing, this commentary will discuss … [Read More...] about Climate Change and Reinsurance
