Axis Capital tested the legacy market in Q4 on a reserve protection for multiple billions of dollars of s...
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 / 2 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 / 5 days 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 / 7 days ago
Eric receives interest from buyers as run-off continues - insuranceNEWS.com.au
Motor add-on specialist Eric Insurance says run-off of its portfolio is on track and it has received unsolicited expressions of interest to buy the business....
Motor add-on specialist Eric Insurance says run-off of its portfolio is on track and it has received unsolicited expressions of interest to buy the business....
insurancenews.com.au /
Article / 10 days 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 / 1 month 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 / 2 months ago
BMA engages PwC to scrutinise R&Q as tricky balancing act continues
PwC is acting for the Bermuda Monetary Authority to assess the adequacy of R&Q’s legacy reserves as the regulator scrutinises the details...
PwC is acting for the Bermuda Monetary Authority to assess the adequacy of R&Q’s legacy reserves as the regulator scrutinises the details...
Article / 2 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 / 2 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 / 2 months ago
Darag continues North American deal push with two captive transactions
Legacy acquirer Darag Group has completed two undisclosed captive legacy transactions based in Bermuda and the Cayman Islands respectively....
Legacy acquirer Darag Group has completed two undisclosed captive legacy transactions based in Bermuda and the Cayman Islands respectively....
Article / 2 months ago