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2008
Focus on Policyholder Obligations 03/21/2008 Since its formation, Arrowpoint Capital – through its two risk-bearing entities, Arrowood Indemnity Company and Arrowood Surplus Lines Insurance Company – has focused on successfully meeting policyholder obligations.
Through a multi-functional approach that includes proactive claims management, risk-minimization initiatives and strategic change efforts, we have built a successful roadmap to solvent run-off.
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2007
Royal Indemnity Comments on Summary Judgment Ruling Against NetBank 06/07/2007 Royal Indemnity Company is pleased with today's decision by a US Bankruptcy Court granting the motion for summary judgment by the trustee in the Commercial Money Center (CMC) bankruptcy proceedings against NetBank FSB, a subsidiary of NetBank, Inc. link to full story
World Trade Center Settlement 05/23/2007 Royal Indemnity Company announces a settlement with Silverstein Properties related to the World Trade Center property insurance program. link to full story
Settlement Reached with MBIA 04/02/2007 Royal Indemnity Company, a subsidiary of Arrowpoint Capital Corp., has reached a settlement with MBIA Insurance Corporation relating to the Student Finance Corporation litigation. link to full story
A.M. Best Withdraws Arrowpoint Capital Ratings at Company's Request 03/09/2007 At the request of Arrowpoint Capital Corp., A.M. Best Co. has withdrawn the financial strength ratings for the insurance company’s three risk-bearing entities: Royal Indemnity Company, Royal Surplus Lines Insurance Company and Security Insurance Company of Hartford.
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Arrowpoint Capital Finalizes Acquisition of Royal & SunAlliance USA Businesses 03/04/2007 Arrowpoint Capital Corp. today announced that it has completed acquisition of all Royal & SunAlliance USA (R&SA USA) businesses formerly owned by Royal & Sun Alliance Insurance Group plc of London. link to full story
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