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Neon has approached the legacy market to find finality for a portfolio holding approximately £410mn ($536mn) of reserves, The Insurance Insider understands.
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Probitas Syndicate 1492 has hired Marcus Bale, the former active underwriter at defunct ProSight Specialty Syndicate 110, as head of strategy and development for its nascent retail business
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Welcome to the first of our daily editions from the 2017 Baden-Baden Reinsurance Symposium.
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Credit Suisse has launched two new legacy ILS vehicles for which it has already raised more than $270mn, regulatory filings show
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Welcome to the second of our daily editions from the 2017 Baden-Baden Reinsurance Symposium.
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Three proceed to second round of Sovag run-off sale
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Generali has awarded exclusivity to Compre in the sale process for its circa EUR200mn ($235mn) legacy book, The Insurance Insider can reveal.
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Zurich is considering bringing its mammoth £2.0bn ($2.6bn) legacy UK employers' liability (EL) book to market in the first half of 2018, The Insurance Insider has learned
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Zurich is considering bringing its mammoth £2.0bn ($2.6bn) legacy UK employers' liability (EL) book to market in the first half of 2018, The Insurance Insider has learned
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Catalina has beaten rivals Sirius and Armour to take over a book of mostly workers' compensation liabilities held by Public Service Insurance Company (PSIC), which a court in Chicago put under state control in March
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Advances in immunotherapy, which could extend the lives of people with cancers such as asbestos-related mesothelioma, could lead to a problem for run-off players, a legacy conference has been told.
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Catalina reached the end of a drawn-out M&A process this week by agreeing a restructuring of its equity base that will see Canadian pension funds CDPQ and Ontario Teachers' Pension Plan sell their stakes to Apollo, which is already the legacy specialist's biggest backer
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