UK-based Ardonagh has announced it plans to buy PSC Insurance Group for an implied equity value of $2.26 ...
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 / 6 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 / 12 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 / 24 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
R&Q launches sales process for remainder of legacy group
The company is still working to get debt holder approval for the Accredited deal....
The company is still working to get debt holder approval for the Accredited deal....
Article / 2 months ago
R&Q is evaluating ‘any and all' options for legacy business
The company reiterated its commitment to consummating the Accredited sale....
The company reiterated its commitment to consummating the Accredited sale....
Article / 3 months ago
R&Q wrangles with debtholders as it launches multiple sale processes
The Lloyd’s legacy business has been placed up for sale, along with other units....
The Lloyd’s legacy business has been placed up for sale, along with other units....
Article / 3 months ago
‘Substantially all' AlphaCat funds received full redemptions: RenRe
The acquiring reinsurer will now run off the business. “Substantially all” AlphaCat funds had received full redemption requests from their...
The acquiring reinsurer will now run off the business. “Substantially all” AlphaCat funds had received full redemption requests from their...
Article / 3 months ago
DARAG Acquires Hawaii Captive in Workers Compensation Transaction - Captive.com
DARAG Group, a legacy acquirer, has finalized the acquisition of a Hawaii captive insurance company. The workers compensation business...
DARAG Group, a legacy acquirer, has finalized the acquisition of a Hawaii captive insurance company. The workers compensation business...
captive.com /
Article / 3 months ago