One of the cornerstones of AIRROC’s mission and vision is to be the leading industry educator and enhancing knowledge about the legacy market and the exit strategies and solutions they offer. In furtherance of that role, Carolyn Fahey, Executive … [Read More...] about Restructuring Solutions in Focus
Main Content
Regulatory
US NAIC Summer 2024 National Meeting Highlights
The US National Association of Insurance Commissioners (“NAIC”) held its Summer National Meeting in Chicago on August 12-15, 2024. The Risk-Focused Surveillance (E) Working Group (“RFSWG”) did not meet during the Summer National Meeting. However, a … [Read More...] about US NAIC Summer 2024 National Meeting Highlights
Swiss Re to exit iptiQ: strategic shift sparked by weak demand, lower tech threat
Swiss Re may be in the market for buyers for some parts of its digital insurer, iptiQ. Read More... … [Read More...] about Swiss Re to exit iptiQ: strategic shift sparked by weak demand, lower tech threat
Legal
I Shall (Not) Be Released: With Purdue Pharma Decision, US Supreme Court Remakes Chapter 11 Landscape
They say every man needs protection, they say that every man must fall.1 For over 40 years, “the bankruptcy community has recognized the resolution of mass tort claims as a widely accepted core function of bankruptcy courts,” and a “key feature in … [Read More...] about I Shall (Not) Be Released: With Purdue Pharma Decision, US Supreme Court Remakes Chapter 11 Landscape
Supreme Court Resolves FAA Circuit Split, Limiting Appealability of Orders Compelling Arbitration
The Supreme Court recently resolved a Circuit split addressing how district courts should proceed when they have found that all claims in a dispute should be compelled to arbitration. Smith v. Spizzirri, No. 22-1218, --- S.Ct. ----, 2024 WL 2193872 … [Read More...] about Supreme Court Resolves FAA Circuit Split, Limiting Appealability of Orders Compelling Arbitration
Events
Transactions, Transactions, Transactions – What is New and Notable in Runoff Structures?
The closing educational session of the July 2024 AIRROC Summer Membership Meeting was led by panelists Dareen Amireh, SVP, QBE North America, Charles … [Read More...] about Transactions, Transactions, Transactions – What is New and Notable in Runoff Structures?
Legacy P&C Runoffs and Insolvency Challenges
Roger Schmelzer, President and CEO of the National Conference of Insurance Guaranty Funds (“NCIGF”), and Rowe Snider, partner at Locke Lord LLP, … [Read More...] about Legacy P&C Runoffs and Insolvency Challenges
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
