AIRROC NextGen was formed to create educational, networking, and leadership opportunities for young professionals in the legacy space. Key to NextGen’s mission is simply educating young professionals about the opportunities that legacy provides. On July 11, 2024, AIRROC’s NextGen Council participated in the ReUnder40s half-day Intern Summer Summit in New York City at which … [Read more...] about NextGen Council Corner
Regulatory
The AIRROC 20th Annual NJ Legacy Transactions and Networking Forum is coming in hot!
Come join us as AIRROC celebrates its 20th Annual Legacy Transactions and Networking Forum from Sunday, October 20 through Tuesday October 22, 2024. If you are a legacy professional, this popular event is a “must attend” conference that draws nearly 300 delegates from around the world for three days of learning, inspiration, networking and deal making. This year we return … [Read more...] about The AIRROC 20th Annual NJ Legacy Transactions and Networking Forum is coming in hot!
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 every mass tort bankruptcy” has been the non-debtor release.2 These releases are granted in favor of parties that have not … [Read more...] about I Shall (Not) Be Released: With Purdue Pharma Decision, US Supreme Court Remakes Chapter 11 Landscape
GB D&O Market Update H1 2024
After significant rate reductions throughout 2023 and early 2024, median rates are no longer dropping as drastically as they have over the last 3 years which is in line with our expectations given the significant reductions that have already taken place. Nonetheless, our initial data for H1 2024 indicates 72% of our clients that renewed in Q2 saw their primary rates decrease … [Read more...] about GB D&O Market Update H1 2024
After a landmark year, what’s on the horizon for global reinsurers?
Carlos Wong-Fupuy (pictured above), senior director at AM Best, discussed the findings of a recent report, noting that despite global challenges in benchmarking due to the adoption of IFRS 17, the reinsurance segment continues to expand. Returns on equities in the sector are also expected to remain well above the cost of capital. When asked about a key theme from … [Read more...] about After a landmark year, what’s on the horizon for global reinsurers?