Axis Capital tested the legacy market in Q4 on a reserve protection for multiple billions of dollars of s...
Motor add-on specialist Eric Insurance enters run-off - insuranceNEWS.com.au
The Australian Prudential Regulation Authority (APRA) has confirmed that Eric Insurance has made a commercial decision to enter run-off and will no longer...
The Australian Prudential Regulation Authority (APRA) has confirmed that Eric Insurance has made a commercial decision to enter run-off and will no longer...
insurancenews.com.au /
Article / 6 months ago
Enstar completes A$360mn LPT with RACQ
Enstar has completed a loss portfolio transfer (LPT) agreement with RACQ Insurance Limited to reinsure 80% of RACQ's motor vehicle compulsory third-party insurance liabilities of accident...
Enstar has completed a loss portfolio transfer (LPT) agreement with RACQ Insurance Limited to reinsure 80% of RACQ's motor vehicle compulsory third-party insurance liabilities of accident...
Article / 11 months ago
MGA Kitsune enters run-off after reinsurance pulled
Specialist motor insurance MGA Kitsune has entered run-off and appointed administrators after its reinsurance renewal was declined at the end of October, The Insurer understands....
Specialist motor insurance MGA Kitsune has entered run-off and appointed administrators after its reinsurance renewal was declined at the end of October, The Insurer understands....
Article / 1 year ago
Legacy Specialist DARAG Buys Luxembourg Auto and Travel Insurer, Arisa Assurances
DARAG Group Ltd., the Malta-based legacy acquirer, announced the acquisition of Arisa Assurances SA, an automobile and travel insurance company based in...
DARAG Group Ltd., the Malta-based legacy acquirer, announced the acquisition of Arisa Assurances SA, an automobile and travel insurance company based in...
Article / 4 years ago
Hallmark seals $215mn loss portfolio transfer with Darag
Hallmark Financial Services has moved closer to ending a difficult chapter of commercial auto loss development, by agreeing to a $215mn loss portfolio transfer (LPT) deal with Darag...
Hallmark Financial Services has moved closer to ending a difficult chapter of commercial auto loss development, by agreeing to a $215mn loss portfolio transfer (LPT) deal with Darag...
Article / 4 years ago
James River cuts Uber run-off claims by a quarter
James River reduced its Uber-related commercial auto liabilities by about 25 percent during the first quarter of 2020, according to the carrier’s executives...
James River reduced its Uber-related commercial auto liabilities by about 25 percent during the first quarter of 2020, according to the carrier’s executives...
Article / 4 years ago
Enstar reaches $465mn reinsurance deal for Lyft legacy reserves
Enstar Group has reached a $465mn deal to reinsure legacy automobile business underwritten for ride-share company Lyft, as its elevated deal flow continued in the face of mounting...
Enstar Group has reached a $465mn deal to reinsure legacy automobile business underwritten for ride-share company Lyft, as its elevated deal flow continued in the face of mounting...
Article / 4 years ago
James River open to ADC for Uber claims
James River is “absolutely open” to an adverse development cover for its run-off Uber portfolio, the carrier’s president and CEO has said...
James River is “absolutely open” to an adverse development cover for its run-off Uber portfolio, the carrier’s president and CEO has said...
Article / 4 years ago
Opinion: Three lessons from the James River-Uber fallout
On Tuesday, James River announced it was abruptly canceling its ~$300mn relationship with Uber and ending all polices at the end of the year, citing profitability concerns...
On Tuesday, James River announced it was abruptly canceling its ~$300mn relationship with Uber and ending all polices at the end of the year, citing profitability concerns...
Article / 5 years ago