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R&Q Gamma’s outstanding liabilities predominantly relate to the UK P&I Club. -
Rachel Bardon will also join the board of Compre's Bermuda-based reinsurer Pallas Re.
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Argo shelved the sale of its Bermudian insurance business in mid-2024.
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Renewable retrospective solutions were a key point during the discussion.
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The market has broadened its risk appetite and infrastructure over the years.
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Till Wagner and Felix Rollin have been named executive board members in Germany.
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The reduction was due to impacts from investments and less favourable PYD.
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The group reported a 19.1% return on opening adjusted tangible book.
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The Kelso and Arch-backed run-off player has retained Evercore to advise.
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The legacy carrier reported an operating loss of $45.3mn for the year.
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The business will still look at large non-life deals in particular in-the-money ADCs.
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The process for the legacy book is believed to be in the late stages.
