Peter harris cbl

CBL administrators delay watershed meeting as talks drag on


The administrators for defunct New Zealand carrier CBL have put on ice plans for a meeting to establish the insurer’s fate as they work to thrash out a last-ditch deal with the firm’s directors.

London, Bank of England

PRA doubled insurance investigations last year


The PRA conducted six investigations into the regulatory reporting, risk management and controls of insurance firms last year, double that of 2016.

Premier BM

Bermuda regulatory sandbox in place by summer: Premier Burt


Bermuda will have an InsurTech regulatory sandbox regime in place by the end of July in the latest sign of the island’s commitment to having a flexible regime that can adapt quickly to technological change.

London bridge aftermath

Pool Re’s ambitions to extend cover progresses through parliament


Efforts by Pool Re to extend its coverage to include non-physical damage business interruption have moved a step closer to success as a bill that would grant the terror mutual authority to write the cover was read in parliament today (7 June).

qbe logo

QBE secures approval for post-Brexit Belgium arm


QBE has been granted a license for its new Belgian subsidiary, which will serve as the Australian carrier’s European hub in the wake of Brexit.

Am trust financial home hero photo rev

AmTrust hits back at Icahn valuation criticism


AmTrust has offered its counter punch to activist investor Carl Icahn’s scathing critique of the firm’s valuation of its $13.50 per share in its go-private deal with Stone Point Capital, calling the billionaire’s valuation “highly flawed” and selective in favour of his own interests.