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Legacy

  • The deal adds a forward-flow, giving Compre the option to reinsure additional future years.
  • Charlotte Pritchard is set to succeed Andrew Creed, effective 5 January.
  • The transaction is subject to regulatory approval.
  • The appointment follows Everest’s $2bn renewal rights sale of its commercial retail business to AIG.
  • This publication revealed Volante was in talks with legacy players last month.
  • The deal was first announced in June.
  • YTD disclosed run-off deals total 26, with $1.36bn of gross liabilities transferred.
  • The protection covers the US insurance book for the 2024 and prior accident years.
  • Plus, the latest people moves and all the top news of the week.
  • M&A
    Carriers are rethinking the traditional renewal-rights model.
  • Without flexible mechanisms the Corporation risks suppressing transactions.
  • Volante launched Syndicate 1699 in 2021.
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