In this edition of the Survey, we explore where we are in the legacy sector in relation to market developments, the challenges we’re seeing, as well as the opportunities. We have worked with our colleagues from across different disciplines and … [Read More...] about Global Insurance Run-off Survey 2025
Main Content
AIRROC UPDATE
Latest News
AIRROC has Partnered with Slipcase
AIRROC is now available on Slipcase, the leading information distribution platform in the global risk and (re)insurance industry. AIRROC members can sign up for free to follow our page and create your personalized news feed. Slipcase is an online … [Read More...] about AIRROC has Partnered with Slipcase
Come Celebrate our 20th Anniversary at AIRROC’s Annual NJ Legacy Transactions and Networking Forum!
Come join us as AIRROC celebrates its 20th Anniversary at its Annual Legacy Transactions and Networking Forum from Sunday, October 19 through Tuesday October 21, 2025. If you are a legacy professional, this popular event is a “must attend” conference … [Read More...] about Come Celebrate our 20th Anniversary at AIRROC’s Annual NJ Legacy Transactions and Networking Forum!
The Legacy Sector: Unlocking Capital with Alternative Solutions
Our Executive Director Katie Reynolds will be joining Chris Hampshire of Gallagher Bassett and past Global CPCU Society President in speaking at the In2Risk Conference hosted by The Institutes CPCU Society on November 4, 2025 in New Orleans. Learn … [Read More...] about The Legacy Sector: Unlocking Capital with Alternative Solutions
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
Legacy Liftoff: Launching into Runoff Fundamentals
In July 2025, AIRROC’s NextGen Council and Mayer Brown co-hosted a webinar, “Legacy Liftoff: Launching into Runoff Fundamentals,” (the “Webinar”) an … [Read More...] about Legacy Liftoff: Launching into Runoff Fundamentals
Forever Chemicals, Enduring Challenges: PFAS Implications for US Legacy Portfolios
Travis Grulkowski of Miliman served as moderator of a panel comprised of Drew Growth, also with Miliman, Dieter Juedes of Husch Blackwell and Michael … [Read More...] about Forever Chemicals, Enduring Challenges: PFAS Implications for US Legacy Portfolios
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