The legacy market has switched into overdrive in the last 18 months. Following a busy year of capital raises, start-ups, people moves and - of course - transactions, re-Insurance.com has partnered with the UK-based legacy trade association Irla to take the pulse of the sector with a comprehensive survey of ...
Legacy specialist Darag has completed its first transaction as part of its recent partnership with investment firm New Nordic in a deal which will see the carrier take on two legacy portfolios of Scandinavian insurer Qudos Insurance.
The industry’s largest reinsurer Munich Re has capitalised a run-off Bermuda unit and which it will use as an in-house reinsurer of group subsidiaries.
Run-off acquirer Compre has hired Simon Hawkins from Australian insurance giant QBE, the firm announced today (11 May).
Danish insurer Alpha has been declared bankrupt, debunking earlier claims from the carrier and fronting agent for now-defunct Kiwi firm CBL that is was solvent.
An increased loss burden ate into Atrium’s profits in the first three months of the year as Enstar’s Lloyd’s arm’s combined ratio spiked 12.1 points to 94.9 percent.