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Run Off & Restructuring News
The quarterly magazine dedicated to those working in or providing services to the insurance run-off sector


Robert Harrison joins Carter Perry Bailey
robert harrisonRobert Harrison (pictured, left) has joined law firm Carter Perry Bailey as a consultant. He has over 25 years of experience, during which time he has been both a partner and a consultant with leading insurance practices.

Harrison’s work has involved national and international re/insurance coverage disputes and he has acted in high profile complex loss casualty claims, including oil and chemical losses and rail disasters, and well as profession...

HIR acquires run-off book from German public insurer
Hamburger Internationale Rückversicherung AG (HIR) has taken over parts of the cancelled assumed foreign reinsurance contracts in run-off of SV SparkassenVersicherung Holding AG (SVH). The portfolio was transferred in accordance with the provisions of § 121 f VAG (German Insurance Supervisory Law) and with the successfully obtained approval of the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin – the German Insurance Supervisory Authority).

Therefore, all rights and liabilities under this portfolio are passed over to HIR. The portfolio transferred contains foreign, mainly US related business, predominantly liability and mari...


 

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