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The transaction is Axa Liabilities Managers’ 19th legacy deal
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If Catalina signs the deal, it will be the third UK employers' liability book it has acquired in just over two years.
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Asbestos remains the Next Big Thing for the insurance industry.
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Governor Raimondo signs bills to deal with commutation and other hurdles.
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Executives say the American market for non-life transactions is worth $335bn.
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The legacy carrier confirms that former R&Q CFO Booth will take the helm.
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Lawmakers approve an amendment that lightens restrictions on commutation and voluntary restructurings.
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This publication revealed that Evercore had been appointed to explore sale options in April this year.
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The Michael Watson-led carrier is one of three strategic parties in talks to acquire the specialty insurer.
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Berkshire Hathaway is understood to have shown early interest in the UK employers' liability book.
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Regulator has put the capitalisation of Enstar and RiverStone UK EL deals in focus.
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The insurer says it has officially exited the run-off life and annuity business.