Special general meeting set amid shareholder rift...
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
RiverStone’s claims director Gregg heads to Marco
Run-off specialist RiverStone International has seen its Lloyd’s claims director Robert Gregg depart the firm to take on a similar position at Marco, The Insurer can reveal....
Run-off specialist RiverStone International has seen its Lloyd’s claims director Robert Gregg depart the firm to take on a similar position at Marco, The Insurer can reveal....
Article / 8 days ago
Charles Taylor InsurTech continues InHub rollout as it sets sights on US
InHub can sit on top of legacy systems, allowing firms to avoid the pain of needing to completely gut and replace systems...
InHub can sit on top of legacy systems, allowing firms to avoid the pain of needing to completely gut and replace systems...
Article / 15 days ago
Inver Re hires Bowker for “joined-up” legacy solutions
Inver Re, the global reinsurance brand of the Ardonagh Group, has announced a new Legacy Solutions unit, with the hire of former Enstar CFO Guy...
Inver Re, the global reinsurance brand of the Ardonagh Group, has announced a new Legacy Solutions unit, with the hire of former Enstar CFO Guy...
Article / 15 days ago
QBE appoints Aon for $1bn US casualty legacy deal
QBE is preparing to bring a $1bn US casualty run-off portfolio to the legacy market, Insurance Insider can reveal...
QBE is preparing to bring a $1bn US casualty run-off portfolio to the legacy market, Insurance Insider can reveal...
Article / 16 days ago
R&Q vote: Spiegel to remain chairman after receiving near 70% shareholder backing
Shareholders in London-listed R&Q have voted for under-fire executive chairman William Spiegel to remain in his role at its special general meeting (SGM) today...
Shareholders in London-listed R&Q have voted for under-fire executive chairman William Spiegel to remain in his role at its special general meeting (SGM) today...
Article / 17 days ago
Legacy market leaves Zurich French architects PI book on the table
A process by Zurich to dispose of a run-off book of French motor and architects’ and engineers’ professional indemnity (PI) business has concluded without finding a buyer...
A process by Zurich to dispose of a run-off book of French motor and architects’ and engineers’ professional indemnity (PI) business has concluded without finding a buyer...
Article / 17 days ago
PwC: Estimated global non-life run-off reserves rise 11% to $960bn
The global non-life run-off market continues to grow, with estimated liabilities rising 11 percent to $960bn since the beginning of 2021, according to PwC’s latest...
The global non-life run-off market continues to grow, with estimated liabilities rising 11 percent to $960bn since the beginning of 2021, according to PwC’s latest...
Article / 18 days ago
