The company is still working to get debt holder approval for the Accredited deal....
Axis pulls multi-billion legacy deal ahead of Q4 earnings
Axis Capital tested the legacy market in Q4 on a reserve protection for multiple billions of dollars of subject casualty and professional lines...
Axis Capital tested the legacy market in Q4 on a reserve protection for multiple billions of dollars of subject casualty and professional lines...
Article / 4 months ago
Ruling favors AIG over Equitas in reinsurance dispute
A federal appeals court on Friday affirmed a lower court ruling in an American International Group Inc. unit’s dispute with an English reinsurer whose origins are several decades old....
A federal appeals court on Friday affirmed a lower court ruling in an American International Group Inc. unit’s dispute with an English reinsurer whose origins are several decades old....
Article / 12 months ago
Obra Capital supports R&Q $341mn asbestos legacy deal MSA Safety
ILS investment fund Obra Capital is financing a major legacy asbestos deal for R&Q Insurance Holdings which will end a fallow deal period for the run-off firm....
ILS investment fund Obra Capital is financing a major legacy asbestos deal for R&Q Insurance Holdings which will end a fallow deal period for the run-off firm....
Article / 1 year ago
Global Indemnity puts its four brokerage divisions into run-off
Global Indemnity (GBLI) advised distribution partners on Tuesday it is immediately exiting its four brokerage divisions – excess casualty, professional...
Global Indemnity (GBLI) advised distribution partners on Tuesday it is immediately exiting its four brokerage divisions – excess casualty, professional...
Article / 1 year ago
Premia and Global Risk Capital venture Canvas acquires SPX's legacy asbestos liabilities
Premia Holdings and Global Risk Capital-backed joint venture Canvas Holdco has acquired three subsidiaries of SPX Technologies which hold the group's asbestos...
Premia Holdings and Global Risk Capital-backed joint venture Canvas Holdco has acquired three subsidiaries of SPX Technologies which hold the group's asbestos...
Article / 2 years 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 / 2 years 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 / 2 years ago
Legacy firm Fleming Re targets variable duration deals as casualty ILS differentiator
Fleming Re, which has hired Samir Khare as head of casualty ILS solutions, believes its differentiator in the nascent casualty ILS space is in offering products that allow investors...
Fleming Re, which has hired Samir Khare as head of casualty ILS solutions, believes its differentiator in the nascent casualty ILS space is in offering products that allow investors...
Article / 2 years ago
Argo strikes ~$1bn casualty LPT with Enstar; adds activist Plants to board
Argo has reached an agreement with legacy specialist Enstar Limited to a loss portfolio transfer deal in which Enstar will provide ground up cover
Argo has reached an agreement with legacy specialist Enstar Limited to a loss portfolio transfer deal in which Enstar will provide ground up cover
Article / 2 years ago
Catalina struck £336.2mn PartnerRe NA casualty ADC deal
Catalina executed an adverse development cover for PartnerRe’s North American casualty assumed reinsurance portfolio for a total...
Catalina executed an adverse development cover for PartnerRe’s North American casualty assumed reinsurance portfolio for a total...
Article / 2 years ago