C5 - The 2nd London Forum on Financial Institutions Insurance Conference
Event | 11.18.09 - 11.19.09, 12:00 AM UTC - 12:00 AM UTC
As a result of the ongoing credit crisis, US financial institutions face losses of up to $2.7 trillion, UK banks face losses of up to $316bn (£216bn), and markets around the world remain highly volatile. Claims arising out of D&O and E&O liability are been filed daily, and employee fraud is rife.
Designed exclusively for the London Market, this excellent event will cover the following areas and much more:
- How some of the more risk/reward types of financial institutions operate in the global market, including how they make their money and the risks they face
- FI E&O, D&O, and Crime insurance – the latest risks and policy changes
- How the regulatory response to the financial crisis will impact FIs and their insurers
- The legal changes in the US that could lead to more securities litigation
- How risk managers are coping with the risks facing them
- The current trends, exposures, claims and opportunities in the global market for financial institutions insurance – high level panel discussion
- Madoff case-study focusing on how UK and European FIs have been affected
The 2nd London Financial Institutions Insurance forum from C5 will put you side-by-side with many of the leading experts in the market for this complex insurance product, providing you with a great opportunity to network and learn.
Nilam Sharma is speaking on the subject of "Private Equity, Venture Capital and Hedge Funds - What They Do, The Risks Facing Them and Insurance Industry Responses" and Michael Cypers is speaking on subject of "US FI Litigation - The Latest Cases and Current Trends To Be Aware Of."
For more information, please visit these areas: Insurance / Reinsurance
Insights
Event | 02.20.25
Has the Buss Stopped? Recoupment Today
Has the Buss Stopped? Recoupment Today: In 1997, the California Supreme Court decided Buss v. Superior Court. In Buss, the court concluded that a liability insurer that defended a mixed action could seek reimbursement from the insured for the defense costs associated with the claims that were not even potentially covered. Since then, numerous courts have held that insurers are entitled to recoup their defense costs associated with uncovered claims or causes of action. On the other hand, a significant number of courts have rejected insurers’ right to recoupment, at least in the absence of a policy provision granting the insurer that right. Some commentators have even suggested that the current judicial trend might be away from permitting insurers to recoup their defense costs. Is that correct? Has the Buss stopped? This panel of coverage experts will analyze insurers’ claimed right to recoupment today, and offer their perspectives on what the law on recoupment should perhaps be and might be in the future.
Event | 02.18.25 - 02.20.25
Event | 12.05.24
Event | 12.05.24