Market News

Eversheds Sutherland makes significant Financial Services Disputes hire

Insurance professional Mark Everiss joins the firm as partner

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IRLA Media release

Appointments to Association governance

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PwC Non-life insurance run-off deals H1 2022 review

Highlights include:

  • 18 deals announced in the first half of the year, slightly outperforming the 16 deals announced in the same period in 2021.
  • $5.4bn disclosed gross liabilities transacted, a $1.6bn increase compared to H1 2021.
  • 10 different acquirers have transacted during H1 2022.
  • 5 disclosed types of liabilities transacting with Property and Casualty, General Liability and Workers Compensation the most prominent.
  • A variety of transaction structures have been executed including ADCs, LPTs, RITCs, novations and share sales.
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LMAG presentation

IRLA’s board director Paul Corver said

“I was pleased to be asked to participate on a panel discussing all aspects of legacy and presenting to the London Market Actuaries Group.  Even more pleased to have done this in person in the Old Library at Lloyd’s”

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Clyde & Co

NICE approves use of nivolumab and ipilimumab as first-line treatment for mesothelioma

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Weightmans

Stronger Together – Weightmans and RadcliffesLeBrasseur merge

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Asbestos and other legacy liabilities: An alternative approach to bankruptcy – LIVE webinar

If your company or clients have legacy liabilities that they seek to divest or you wish to learn more about divesting legacy liabilities, we invite you to attend a live webinar.

Learn how your liabilities may not be so inseparable with proper structuring. Hear why now is the best time to act. Discover multiple strategies to address your risk exposures.

Join us in one week with senior leaders from Blank Rome, FARA Recovery, and Milliman on:

Wednesday, June 15th at 12pm Eastern Time

 

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Congress 2022 Wrap Up

Congress Day 1

Monday started with breakout sessions, opening with a passionate argument for legacy claims teams, followed by an informal and informative session on asbestos. The main hall was busy when we covered both operational resilience and investor perspectives. We also welcomed a dozen delegates who arrived by bicycle from London, including former IRLA Director Simon Barnes, raising funds for IRLA’s 2022 chosen charity, the National Autistic Society (“NAS”). Total raised so far will follow.  On Monday evening delegates enjoyed informal drinks, a karaoke room, and a trip up the i360 and the witnessing of a successful marriage proposal (not Congress delegates) whilst taking in the amazing view!

Congress Day 2

Tuesday commenced with an uplifting talk from our guest speaker, Mandy Hickson, who was the UK’s first female jet fighter pilot. For many this was the Congress peak and we are thinking of charging for starting a fan club. Delegates then heard the experienced views of a strong panel of CEOs before celebrating Nicola Gaisford of RQIH being presented with IRLA’s Young Professional of the Year Award. Following an eye-opening presentation on AI, and a lively regulatory discussion, the highlight of the afternoon was a very insightful, illuminating and powerful session with the NAS. The evening hosted a very successful Gala Dinner with 300 diners all being served a delicious three courses. Being by the sea, fresh fish was on the menu.

Congress Day 3

Wednesday morning we heard Stephen Roberts’s final address as Chairman of IRLA and this segued into a session from the IRLA Young Professionals Group, with informative sessions on both emerging claims trends and views on future legacy. It also featured guest speaker Dr Katherine Daniels educating us on the safe disposal of waste products from a geological perspective. Currently the UK has no dangerous nuclear waste stored, but this is an area that can come back and haunt insurers. Thank you to all who contributed to make this such a lively and collaborative event.

We will reconvene again on 8-10 May 2023 and pre-booking is open, please email registrations@irla-international.com

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IRLA

Congress, Day Three – a summary

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IRLA

IRLA Congress, Day Two – a summary

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IRLA

IRLA Congress Day One – a summary

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IRLA

IRLA Congress 2022 – Wednesday 18 May: final session

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IRLA

IRLA Congress 2022 – Tuesday 17 May: afternoon session

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IRLA

IRLA Congress 2022 – Tuesday 17 May, morning session

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IRLA

Congratulations to the nominees for this year’s Young Professional of the Year Award

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IRLA

IRLA Congress 2022 – Monday 16 May, afternoon session

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IRLA

IRLA Congress 2022 – Monday 16 May, morning session

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IRLA

IRLA Congress 2022 survey – your opinions matter. Closing date 29 April 2022.

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IRLA

IRLA members: Silent auction, on behalf of the National Autistic Society

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IRLA

Raising money on route to IRLA Congress – Join the team!

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IRLA

Members Golf Day: 20 September 2022 – book now to avoid disappointment!

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IRLA

We would like to welcome our new YPG committee members!

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IRLA

The deadline is fast approaching for this year’s Young Professional of the Year Award…

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IRLA

Online courses – available on-demand

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IRLA

Members Quiz Night: the results are in!

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Clyde & Co and BLM agree merger

Global law firm Clyde & Co and UK-headquartered law firm BLM have agreed to a merger following a vote in favour by partners at both firms.

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Event starts in...

Latest News

A hole in one!
21/09/2022

Gary Crowley of Compre, got a hole in one on the third hole.  Traditionally, this player would buy a round of drinks, however, Gary has donated £150 instead to IRLAs 2022 charity the NAS (National Autistic Society). Thank you......More
IRLA Golf day result
21/09/2022

Davies First Team – again. Pictured is left to right – Andy Gregory, Steve Goate being presented with the Dave Scasbrook Memorial Cup, (sponsored by Swiss Re) by Josh Scasbrook, along with Doug Barker and Danny Grainger. Congratulations go to......More