Welcome to the inaugural Reinsurance News Bermuda Legacy Market Roundtable, held in partnership with RiverStone International, one of the world’s leading providers of legacy solutions, on November 6th in Hamilton, Bermuda. The session brought … [Read More...] about Reinsurance News Bermuda Legacy Market Roundtable
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Using the Organizational Meeting to Build a Better Arbitration
Arbitration clauses in most insurance and reinsurance contracts are remarkable for how little they say about the process. The most basic form of arbitration clause states only that, if a dispute arises, the parties will arbitrate rather than … [Read More...] about Using the Organizational Meeting to Build a Better Arbitration
AIRROC Honors Carolyn Fahey with Special Service Award
A very special award was presented at the 2025 AIRROC Legacy Transactions & Networking Forum, one as unique as its recipient. Carolyn Fahey was the face of AIRROC for more than a decade. Her steady leadership, her vision, and her genuine care for … [Read More...] about AIRROC Honors Carolyn Fahey with Special Service Award
Hidden Exposures and Emerging Risks
Sean Keely, a Partner with Smith, Gambrell & Russell, LLP and Andrea Silk, Managing Attorney with Gallo Vitucci Klar LLP provided an insightful overview of the hidden exposures insurers face, and the emerging risks expected in 2025 and … [Read More...] about Hidden Exposures and Emerging Risks
Regulatory
Special Termination Provisions in Reinsurance Contracts
Most reinsurance contracts contain a "special termination" clause. The clause typically allows either party to terminate the contract early if certain contingencies arise. Unsurprisingly, there are myriad versions of the special termination clause … [Read More...] about Special Termination Provisions in Reinsurance Contracts
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
Legal
Arbitration in the Courts
Chapter 2 of the Federal Arbitration Act (FAA) incorporates the Convention on the Recognition and Enforcement of Foreign Arbitral Awards (New York Convention), and grants federal courts subject-matter jurisdiction over actions “falling under” the … [Read More...] about Arbitration in the Courts
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
Events
AIRROC Announces 2025 NextGen Leadership Award Honorees
Kristen Kish of Mound Cotton Wollan & Greengrass LLP and Juliana Toes of Mayer Brown LLP have been named the 2025 recipients of the AIRROC NextGen … [Read More...] about AIRROC Announces 2025 NextGen Leadership Award Honorees
Five New Legacy Professionals Earn their CLP Designation
During the 2025 Legacy Transaction & Networking Forum, the Certified Legacy Professional ("CLP”) designation was awarded to five legacy … [Read More...] about Five New Legacy Professionals Earn their CLP Designation
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
