Global Indemnity (GBLI) advised distribution partners on Tuesday it is immediately exiting its four broke...
The Argument Against Exclusivity When Choosing Your Legacy Partners
As the market for retrospective deals accelerates, Andy Rothseid questions why cedants abandon their leverage by opting for exclusivity deals with legacy...
As the market for retrospective deals accelerates, Andy Rothseid questions why cedants abandon their leverage by opting for exclusivity deals with legacy...
PR / 1 day ago
SiriusPoint eyeing $1.5bn LPT deal with Compre as strategic pivot continues
Bermuda (re)insurer SiriusPoint is engaged in discussions exploring a $1.5bn loss portfolio transfer (LPT) deal with legacy specialist Compre, in...
Bermuda (re)insurer SiriusPoint is engaged in discussions exploring a $1.5bn loss portfolio transfer (LPT) deal with legacy specialist Compre, in...
Article / 2 days ago
Former One Re CEO Lewis sets out vision for new legacy player
Former One Re CEO Andrew Lewis has set out growth plans for Xitus, a new niche global legacy firm that will focus on non-life and reinsurance deals of $5mn-$50mn...
Former One Re CEO Andrew Lewis has set out growth plans for Xitus, a new niche global legacy firm that will focus on non-life and reinsurance deals of $5mn-$50mn...
Article / 7 days ago
Compre and RiverStone exploring sidecars in 2023 as legacy competition intensifies
Private equity-backed run-off specialists Compre and RiverStone International are both exploring the launch of sidecars to support their growth ambitions as the comp...
Private equity-backed run-off specialists Compre and RiverStone International are both exploring the launch of sidecars to support their growth ambitions as the comp...
Article / 10 days ago
Ex-Catalina duo Patel and Fagan exploring return to market with BDA platform
Former Catalina chief executive Chris Fagan and Mayur Patel, who previously led M&A at the run-off specialist, are set to reunite as they explore plans to re-emerge...
Former Catalina chief executive Chris Fagan and Mayur Patel, who previously led M&A at the run-off specialist, are set to reunite as they explore plans to re-emerge...
Article / 10 days ago
France
In this chapter of our Annual Insurance Review 2023, we look at the main developments in 2022 and expected issues in 2023 for France...
In this chapter of our Annual Insurance Review 2023, we look at the main developments in 2022 and expected issues in 2023 for France...
Article / 10 days ago
Ken Randall returns to P&C legacy market backed by 777 Partners
The deal-making legacy entrepreneur Ken Randall has returned to the $960bn+ market with a new venture backed by Miami-based asset manager 777 Partners...
The deal-making legacy entrepreneur Ken Randall has returned to the $960bn+ market with a new venture backed by Miami-based asset manager 777 Partners...
Article / 16 days ago
AGCS exits space market and puts portfolio into run-off
Allianz Global Corporate & Specialty (AGCS) has ceased underwriting space risks and placed its portfolio into run-off,...
Allianz Global Corporate & Specialty (AGCS) has ceased underwriting space risks and placed its portfolio into run-off,...
Article / 21 days ago
R&Q legacy head Paul Corver to “retire” as London exits continues
London-listed R&Q has created a new leadership structure for its run-off arm as long-serving group head of legacy M&A Paul Corver becomes the latest senior...
London-listed R&Q has created a new leadership structure for its run-off arm as long-serving group head of legacy M&A Paul Corver becomes the latest senior...
Article / 24 days ago
‘Mega deals' dominate legacy market in 2022 as transaction sizes continue to swell
At least $7.8bn of reserves was transferred from the live market to legacy carriers during 2022, Insurance Insider analysis has shown....
At least $7.8bn of reserves was transferred from the live market to legacy carriers during 2022, Insurance Insider analysis has shown....
Article / 24 days ago
