The Lloyd’s legacy business has been placed up for sale, along with other units....
Insider in Full: RiverStone International eyes global push to diversify from Lloyd’s heartland
CEO Luke Tanzer talked about the expansion drive as the legacy firm reported a 14.3% RoE for 2023...
CEO Luke Tanzer talked about the expansion drive as the legacy firm reported a 14.3% RoE for 2023...
Article / 16 hours ago
SiriusPoint enters $400mn workers comp LPT with Enstar as Q1 CoR rises 11.1 pts
The legacy deal comes one year after a $1.3bn LPT with Compre covering several lines....
The legacy deal comes one year after a $1.3bn LPT with Compre covering several lines....
Article / 8 days ago
R&Q reports progress on Accredited sale lender approval but says expected proceeds slashed
R&Q has entered into a lock-up agreement with a number of lenders relating to debt restructuring and other issues as...
R&Q has entered into a lock-up agreement with a number of lenders relating to debt restructuring and other issues as...
Article / 14 days ago
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 / 17 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 / 20 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 / 22 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 / 24 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 / 2 months 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