Popular, Reinsurance

Conyers Coverage Issue 11 – Summer 2024

Conyers on 8/29/2024

A warm welcome to the Summer edition of Conyers Coverage. The whirlwind that is the Cayman Islands (re)insurance industry continues to blow with gusto! To keep you updated on recent developments, we include various items from...more

Weekly Blockchain Blog with Client Alert - August 2024 #2

BakerHostetler on 8/12/2024

Crypto Offerings Launch by Major Investment Bank, Asset Manager and Insurer - According to a recent report, a major multinational investment bank and financial services firm is now allowing its investment advisors to pitch...more

Looking ahead: The Bermuda insurance M&A horizon in 2024

Walkers on 2/7/2024

2023 was a fairly gloomy year for global M&A activity and the insurance sector did not emerge unscathed, recording its lowest deals count since 20201. The good news, however, is that insurance M&A activity appears poised for...more

2023 NFI Insurance Public Policy Summit Highlights “Balancing Act”

Faegre Drinker Biddle & Reath LLP on 6/6/2023

The “balancing act” of insurance regulation across jurisdictions, policymakers, and stakeholders took center stage at the 18th Annual Networks Financial Institute Insurance Public Policy Summit on May 17 in Washington D.C....more

Corporate Digest: Notable Deals and Transactions - March 2023

Conyers on 4/27/2023

This digest outlines some of the significant legal work undertaken by Conyers on behalf of our clients around the world since the beginning of 2022. The year was challenging for many of our clients, with global uncertainty...more

Bermuda Insights: Insurtech & Fintech 2022

Walkers on 10/5/2022

Bermuda has established itself as a leading market for insurtech, representing a convergence of the well-established reinsurance market with the burgeoning fintech market. A number of Bermuda reinsurance companies already...more

Today’s Insurance Defense Concerns Amid Hurricane Season – Q&A with Hope C. Zelinger

Law Matters on 9/6/2022

We recently asked Miami-based attorney Hope C. Zelinger about the myriad issues related to natural disaster insurance claims and how to uncover fraudulent claims....more

Aviation Insurance and Other Claims Arising out of Russian Sanctions

White & Case LLP on 7/13/2022

The following materials contain a high level description of potential insurance claims and other claims that may be available to a foreign owner, lessor or financier of aircraft stranded in Russia...more

NAIC report - 2021 Fall National Meeting

Eversheds Sutherland (US) LLP on 1/6/2022

The National Association of Insurance Commissioners (NAIC) held its 2021 Fall National Meeting from December 11 to 16 in San Diego, California. The meeting was held in a hybrid in-person and remote format due to the ongoing...more

New Cyber Insurance Risk Framework Provides Best Practices for the Insurance Industry

Bradley Arant Boult Cummings LLP on 3/8/2021

The cyber insurance market size is currently valued in the billions, and this does not include insurance policies that do not explicitly mention cyber incidents but may nevertheless cover them. With this in mind,...more

Another Cybersecurity Wake Up Call: Connecticut Insurance Department Issues Guidance on Cyber Law Set to go Into Effect

Hinshaw & Culbertson - Consumer Crossroads on 8/3/2020

Covered entities received two cybersecurity wake up calls from insurance regulators this month. As we have reported, the New York State Department of Financial Services (DFS) issued its long-awaited first cyber enforcement...more

Captive Insurance Update | Spring Edition | 2019: A summary of state and federal developments in the captive insurance industry

Downs Rachlin Martin PLLC on 5/22/2019

There were no significant changes in Vermont’s leadership team during the last election cycle. Governor Phil Scott, a Republican, was re-elected in November 2018 for another two-year term. Michael Pieciak, the Commissioner of...more

Running Your Own Insurance Company: Three Options for Renting, Buying or Building the InsurTech Carrier of the Future

Locke Lord LLP on 2/27/2019

Welcome to the final article in our initial introduction to the insurance industry for Insurtechs. Before we pivot next month to focusing on some of the key corporate and financial issues facing Insurtechs, we get to delve...more

Blockchain And The Future Of Insurance Regulation

Bricker Graydon LLP on 2/20/2019

Blockchain is simultaneously one of the most exciting and confusing new technologies to emerge over the last decade. In its simplest form, blockchain is a ledger. ...more

Hit the Rhode (Island) Jack

Locke Lord LLP on 7/9/2018

The Rhode Island state legislature has amended the enabling act to the state’s legacy transfer program, R.I.G.L § 27-14.5-1 et seq. (“R.I. Restructuring Act”), to provide clarification to the marketplace. The enabling act,...more

Appellate Court Of Massachusetts Finds That Reinsurer Must Pay Workers’ Compensation Benefits Of Bankrupt Self-Insured Employer

Carlton Fields on 6/28/2018

In a recent opinion, a Massachusetts appeals court was required to determine who is liable to pay workers’ compensation benefits owed by a self-insured employer that has gone bankrupt? In a choice between the state created...more

Insurance and blockchain: What policyholders need to know

Bradley Arant Boult Cummings LLP on 3/7/2018

Distributed Ledger Technology, commonly referred to as “blockchain,” is a secure way for companies and individuals to share information without third-party oversight. Blockchain decentralizes electronic record-keeping so...more

Saved by the En Banc: CFPB Appears Here To Stay

K&L Gates LLP on 2/13/2018

The Consumer Financial Protection Bureau (“CFPB” or “Bureau”) has been an agency under fire. Acting Director Mick Mulvaney has begun to institute significant changes at the Bureau. And last year, a panel of the D.C. Circuit...more

D.C. Circuit Court Affirms the Legality of Captive Reinsurance Arrangements

Troutman Pepper on 2/8/2018

While the court opinion on the constitutionality of the CFPB’s structure was long awaited, its decision related to RESPA affords the mortgage industry much-needed clarity. ...more

Iowa And Virginia Insurance Regulators Adopt The NAIC’s Term Model Rules Governing Term And Universal Life Insurance Reserve...

Carlton Fields on 12/12/2017

Insurance regulators in Iowa and Virginia have adopted the NAIC’s Model Rules regulating term and universal life insurance reserve financing. The stated purpose of the rules is “to establish uniform, national standards...more

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