The company is still working to get debt holder approval for the Accredited deal....
SynchronoSure programs in run-off after insurtech MGA shuttered
A number of programs launched by SynchronoSure, including its excess liability, workers' compensation and BOP offerings, are now in run-off with their...
A number of programs launched by SynchronoSure, including its excess liability, workers' compensation and BOP offerings, are now in run-off with their...
Article / 34 seconds ago
Augment Risk continues build-out with R&Q legacy duo Quilter and Corver
London start-up Augment Risk has continued its build-out with the hire of former R&Q legacy M&A head Paul Corver as an advisor shortly after the arrival of his...
London start-up Augment Risk has continued its build-out with the hire of former R&Q legacy M&A head Paul Corver as an advisor shortly after the arrival of his...
Article / 7 days ago
Collapse of back-book deal raises Axa's financial market risk
The recent collapse of Axa's plans to offload a €16bn portfolio of German run-off life insurance policies has increased the Paris-headquartered (re)insurer's exposure to financial market risk,...
The recent collapse of Axa's plans to offload a €16bn portfolio of German run-off life insurance policies has increased the Paris-headquartered (re)insurer's exposure to financial market risk,...
Article / 8 days ago
Arch-backed Premia wins costs cap battle with AmTrust over Syndicate 1861 RITC
Legacy specialist Premia and parent company Arch have won a long-running legal battle with AmTrust after a London court found they were entitled to...
Legacy specialist Premia and parent company Arch have won a long-running legal battle with AmTrust after a London court found they were entitled to...
Article / 8 days ago
Insider in Full: RiverStone International eyes global push to diversify from Lloyd’s heartland
CEO Luke Tanzer talked about the expansion drive as the legacy firm reported a 14.3% RoE for 2023...
CEO Luke Tanzer talked about the expansion drive as the legacy firm reported a 14.3% RoE for 2023...
Article / 14 days ago
SiriusPoint enters $400mn workers comp LPT with Enstar as Q1 CoR rises 11.1 pts
The legacy deal comes one year after a $1.3bn LPT with Compre covering several lines....
The legacy deal comes one year after a $1.3bn LPT with Compre covering several lines....
Article / 20 days ago
R&Q reports progress on Accredited sale lender approval but says expected proceeds slashed
R&Q has entered into a lock-up agreement with a number of lenders relating to debt restructuring and other issues as...
R&Q has entered into a lock-up agreement with a number of lenders relating to debt restructuring and other issues as...
Article / 26 days ago
Global non life run off reserves estimated above USD1tn - Actuarial Post
PwC UK estimates global non-life run-off reserves are US$1,014 billion, a 6% (US$53 billion) increase since the last survey published in September 2022...
PwC UK estimates global non-life run-off reserves are US$1,014 billion, a 6% (US$53 billion) increase since the last survey published in September 2022...
actuarialpost.co.uk /
Article / 29 days ago
DARAG inks SPA to purchase Cayman captive
Legacy acquisition group DARAG Insurance Guernsey Limited (DIGL) has entered into a sale and purchase agreement (SPA) to acquire a re/insurance captive based in the Cayman Islands....
Legacy acquisition group DARAG Insurance Guernsey Limited (DIGL) has entered into a sale and purchase agreement (SPA) to acquire a re/insurance captive based in the Cayman Islands....
Article / 1 month ago
Fleming-James River: A messy resolution that still hurts the legacy segment
The agreement from Fleming to honour original terms still leaves it open to long-term damage....
The agreement from Fleming to honour original terms still leaves it open to long-term damage....
Article / 1 month ago