Run-Off / Legacy
News, insights and thought leadership for re/insurance professionals with an interest in run-off and legacy.

Canopius to put P&I treaty book into run-off following Gray departure

Canopius is to exit the protection and indemnity (P&I) reinsurance market and put its portfolio into run-off following a strategic review of its specialty treaty book, The Insurer can reveal.
Canopius is to exit the protection and indemnity (P&I) reinsurance market and put its portfolio into run-off following a strategic review of its specialty treaty book, The Insurer can reveal.
Article / 2 days ago

UPC lays off 70 employees ahead of personal lines runoff

United Insurance Holdings (UPC) has laid off around 70 people in its sales and marketing division as the carrier prepares the runoff of its personal lines division, sources have told this publication....
United Insurance Holdings (UPC) has laid off around 70 people in its sales and marketing division as the carrier prepares the runoff of its personal lines division, sources have told this publication....
Article / 3 days ago

Australian state fund approaches legacy market for mammoth A$6bn deal

An Australian state fund is looking to bring a mammoth portfolio of approximately A$6bn ($3.9bn) of run-off liabilities to market, in what could represent the largest-ever single legacy...
An Australian state fund is looking to bring a mammoth portfolio of approximately A$6bn ($3.9bn) of run-off liabilities to market, in what could represent the largest-ever single legacy...
Article / 7 days ago

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