Chris-Fagan-and-Gernot-Lohr

Apollo injects $700mn into Catalina ahead of major Zurich run-off deal

2018-10-11T08:51:00+01:00

Apollo Global Management has injected $700mn into Bermuda run-off heavyweight Catalina ahead of a major run-off deal with Zurich.

Dublin

R&Q inks latest legacy deal with WCIC acquisition

2018-10-02T14:54:00+01:00

London-listed R&Q has agreed to acquire Western Captive Insurance Company Designated Activity Company (WCIC) from the Coffey Group for an undisclosed sum.

Ken-Randall

R&Q shares up on major legacy deal and FY “outperform” expectations

2018-09-19T09:28:00+01:00

Shares in Randall & Quilter Investment Holdings Ltd (R&Q) climbed almost five percent in early trading today on the back of improved full-year forecasts and news of its largest ever legacy acquisition, Global Re.

RandQ-City-building

R&Q acquires Global Re as FY results may “substantially” exceed expectations

2018-09-19T06:47:00+01:00

Randall & Quilter Investment Holdings Ltd (R&Q) has unveiled its largest ever legacy acquisition this morning with the $80.5mn purchase of Global Re, the US arm of reinsurer Gerling Global Re that went into run-off in 2002.

Bermuda 1

Maiden shares up 13% after Catalina continued stake-building

2018-09-17T07:04:00+01:00

Catalina Holdings has continued to build its stake in embattled carrier Maiden despite being recently trumped by fellow Bermuda run-off firm Enstar Group to acquire $1.3bn of reserves relating to the reinsurer’s North American arm.

Hamburg rathaus

Axa’s legacy arm acquires Sovag’s German run-off business

2018-09-07T15:11:38.987+01:00

Specialist run-off manager, Axa Liabilities Managers has bought the run-off portfolio of Hamburg-based reinsurance company Schwarzmeer Und Ostsee Versicherungs-AG - also known as Sovag.

Hamilton

Catalina creates M&A role to ramp up US deals

2018-09-05T09:08:00+01:00

Legacy acquisition heavyweight Catalina has appointed Parri Spector director of M&A and reinsurance transactions.

R&Q-deal

R&Q strikes $146mn LPT deal with unnamed risk group

2018-09-04T06:29:25.357+01:00

London-listed R&Q has announced this morning that it has agreed a $146mn ground-up loss portfolio transfer (LPT) with an unnamed US risk retention group (RRG).

Maiden-Enstar

Run-off giant Enstar scoops up Maiden’s $1.3bn North American book

2018-08-31T13:51:00+01:00

Enstar has acquired Maiden’s North American diversified reinsurance business in a $307.5mn deal that will see the run-off giant take on around $1.3bn in reserves.