The AIRROC NextGen Council’s summer plans are in full swing. Over the past several weeks, the Council has released a series of behind-the-scenes interviews with AIRROC experts. The first of these videos, between Council member Sean Collins and Kathleen Ehrhart, a partner with Smith, Gambrell & Russell LLP is available here. On Thursday, July 10, NextGen Council Members … [Read more...] about NextGen Council Corner
Regulatory
Monument Re offloads legacy insurance assets
In a step aimed at reallocating capital toward future European transactions, Monument Re Ltd. has divested a €1.4 billion (US$1.5 billion) legacy life insurance portfolio to RGA Americas Reinsurance Company, Ltd., freeing up resources for targeted market activity. The transaction, which closed on May 2, 2025, involves annuity and other life insurance liabilities … [Read more...] about Monument Re offloads legacy insurance assets
Legacy Re/Insurance in 2025: Stability, Strategy, and a Spotlight on Efficiency
As we move into the second half of 2025 and start casting a cautious eye toward 2026, the legacy and run-off re/insurance market continues to play an increasingly pivotal role in the broader insurance ecosystem. No longer viewed as a quiet corner of the industry, the legacy sector is now a dynamic space where balance sheet optimisation, capital efficiency, and operational … [Read more...] about Legacy Re/Insurance in 2025: Stability, Strategy, and a Spotlight on Efficiency
Compre completes legacy deal with Belgian insurance major
Legacy specialist Compre has completed the transfer of European motor and casualty liabilities from Ethias, Belgium’s third-largest insurer. Regulators in Belgium, France, the Netherlands, Germany, and Finland have all approved the deal, enabling Compre’s European carrier, Bothnia International, to fully assume the Ethias portfolio. The transfer follows a 2023 loss … [Read more...] about Compre completes legacy deal with Belgian insurance major
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 disregard as a basis to vacate an arbitration award. In a recent decision, the Fifth Circuit Court of Appeals in a non-reinsurance case … [Read more...] about Fifth Circuit Definitively Rejects Manifest Disregard As a Ground for Vacatur of an Arbitration Award