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Largest Executive Risks Claims of 2011

The case that is likely to have the most impact on executive risks and potentially on all federal class actions in the U.S. is the Wal-Mart decision. Continue reading →

Largest Renewable Energy Claims of 2011

Offshore wind insurance has fortunately not had the industrial mega claims yet, but there are a few close calls around that raise concern in the insurance sector. Continue reading →

Largest Chinese Claims of 2011

This country suffers more than its fair share of floods and earthquakes, whilst typhoons regularly wreak havoc on southern coastal areas. Continue reading →

SEC and Congress React to Court’s Blocked Citigroup / SEC Settlement

U.S. House Financial Services Committee hearing

There have been significant reactions to the court's refusal to accept the settlement between the SEC and Citigroup. Continue reading →

2011 Airline Claims set to be Lowest on Record

As 2011 draws to a close it will, barring a major catastrophe in the next 10 days, be one of the best years on record in terms of airline claims. Continue reading →

It’s a Wonderful Sub-Prime Life

It's A Wonderful Life (1946 movie)

The Bailey Building & Loan Association (BB&L) was one of the worst run banks in America. It would have topped the FDIC’s problem bank list, if such a list had existed in 1946. In fact it almost certainly would have failed every financial test of today’s regulators. Continue reading →

5 Financial Stories You May Have Missed – The “20/20 Hindsight Rule”

This week's financial stories saw SIPC, Bank of England, Bear Stearns, JPMorgan, WaMu, Thema, HSBC, SEC, FDIC, and The 20/20 Hindsight Rule Continue reading →

New Madrid Quakes 200 Years Later–More Devastating?

New Madrid Earthquakes of the 1800s

200 years ago today, the first of three devastating New Madrid earthquakes struck the Central U.S. What damage would such quakes wreak today? Continue reading →

Cat Amongst The Pigeons? New Guidelines for Catastrophe Modelling

Solvency II is not short of documentation, with the output of Brussels and Frankfurt being better measured in inches rather than pages. But it is often light on practical guidance. One area where guidance is certainly required relates to the … Continue reading →

D&O Insurance: Mind the Gap

To what extent is there a gap between the actual or perceived risk factors affecting directors of large companies in the current economic climate and the insurance designed to protect against these risks? That was the question which lay behind … Continue reading →