World Trade Center News

Business Moves

Royal Sun, Arrowpoint Capital Delaware Insurance Commissioner Matthew Denn conditionally approved a management buyout of Royal and Sun Alliance Insurance Group’s U.S. operations. Denn ruled that there is no legal or financial basis to reject the buyout, although he stressed …

Royal & Sun Management Team Completes Buyout of U.S. Businesses

Arrowpoint Capital Corp. has completed the acquisition of all Royal & SunAlliance USA businesses formerly owned by Royal & Sun Alliance Insurance Group plc of London. Arrowpoint Capital Corp. was formed in June 2006 by the senior management and outside …

Business Moves

Royal & Sun A state hearing officer recommended Delaware’s insurance commissioner approve the proposed management buyout and eventual dissolution of Royal and Sun Alliance Insurance Group’s U.S. operations. The subject of a lengthy hearing last month, the proposed buyout awaits …

Business Moves

Royal & Sun A state hearing officer recommended Delaware’s insurance commissioner approve the proposed management buyout and eventual dissolution of Royal and Sun Alliance Insurance Group’s U.S. operations. The subject of a lengthy hearing last month, the proposed buyout awaits …

Royal Sun U.S. Buyout Can Proceed Subject to Conditions

Delaware Insurance Commissioner Matthew Denn has conditionally approved a management buyout of Royal & Sun Alliance Insurance Group’s U.S. operations, even while chastising the company’s British parent for its practices. Denn ruled that there is essentially no legal or financial …

Royal & Sun buyout approval expected

A state hearing officer recommended that Delaware’s insurance commissioner approve the proposed management buyout and eventual dissolution of Royal & Sun Alliance Insurance Group’s U.S. operations. Insurance Commissioner Matt Denn is expected to make a decision soon. Royal & Sun …

News Currents

Royal & Sun management buyout approval expected A state hearing officer recommended that Delaware’s insurance commissioner approve the proposed management buyout and eventual dissolution of Royal & Sun Alliance Insurance Group’s U.S. operations. Insurance Commissioner Matt Denn is expected to …

City Disaster Teams Share Lessons from Terrorist Attacks

Government and American Red Cross disaster experts from New York, London and Madrid — three cities hit by terrorist attacks in recent years — met last week in New York for a two-day conference to share experiences and improve response …

Royal & Sun Management Buyout Clears Hurdle; Final OK Expected

A state hearing officer recommended Friday that Delaware’s insurance commissioner approve the proposed management buyout and eventual dissolution of Royal & Sun Alliance Insurance Group’s U.S. operations. The proposed buyout was the subject of a lengthy hearing last month, and …

Biggest U.S. property cat losses in 2006 were away from coasts

Property casualty insurers increasingly steered clear of the water out of fear of catastrophe losses during the past year. But while they were keeping a wary eye on the coasts in 2006, and escaped relatively unscathed in those areas thanks …