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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.
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Carriers are rethinking the traditional renewal-rights model.
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Without flexible mechanisms the Corporation risks suppressing transactions.
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Volante launched Syndicate 1699 in 2021.
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Legacy reinsurance deals will be reviewed by the Legacy Review Panel.
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Plus, the latest people moves and all the top news of the week.
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The deal marks the latest step in Catalina’s shift from P&C to life run-off.
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Bill Bouvier has spent more than three years at the legacy firm in this role.
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Fleming’s attempt follows those of other legacy carriers that have had recent successes raising capital.
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A survey from PwC described the sector as “stable”, “evolving” and “dynamic”.
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The ILS play will make the business more capital efficient under new owner Sixth Street.
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Peter Vogt will act as a strategic advisor at Axis until the end of 2026.
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It is targeting low-risk specialty lines where it has a competitive edge.
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The carrier also benefitted from favourable reserve development in property and A&H.
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Q2 saw a steady stream of activity in legacy, but volumes dipped slightly from Q1.
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The legacy player is working to secure its first deal, and could look to expand to US E&S.
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The agreement is the second service contract the group has taken on.
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Plus, the latest people moves and all the top news of the week.
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Andrew Creed has been promoted to group president in addition to his role as group CFO.
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Luke Tanzer is set to retire after 16 years at the helm of the run-off carrier.
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Arturo Pelaez will continue in his managing director role at Brookfield Asset Management.
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Bridges had been at QBE for 17 years.
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The take-private deal was announced in July 2024.
