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The bidding process for Generali's EUR200mn ($238mn) legacy book has narrowed to three parties, with final offers due this week, The Insurance Insider has learned.
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Hamilton at Lloyd's is seeking a third party RITC transaction for the 2014 and prior years in order to bring the old Sportscover book it acquired to finality, The Insurance Insider can reveal
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Catalina and Swiss Re are the final bidders in the closely watched process for Zurich's EUR400mn ($480mn) German legacy medical malpractice book, The Insurance Insider understands
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Run-off acquirer Darag has confirmed the hire of Mike Trotman as its chief financial officer in an overhaul of the company's management structure.
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Compre has acquired the legacy portfolio of Axa's Swiss operations, formerly Winterthur Swiss Insurance Company, for an undisclosed sum.
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Randall & Quilter reported that first-half profits rose almost five-fold following legacy acquisitions as it delivered an upbeat forecast for the rest of the year.
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Speculation is mounting over the future of Sawgrass Mutual's book of Florida homeowners' business after the company was placed into administrative supervision by its state regulator last week.
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Fosun has solidified its presence in the North American and international run-off market with by launching SunPoint led by former Enstar US chief Karl Wall.
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QBE North America's chief actuary, Leigh Oates, has resigned from the insurer to join Bermudian run-off start-up Premia Holdings, The Insurance Insider can reveal
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The bidding process for Novae's legacy book could trigger a string of early or single-book reinsurance-to-close (RITC) deals at Lloyd's, as the Corporation widens the scope of RITC transactions it is willing to consider.
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Randall & Quilter (R&Q) is in exclusive discussions with ProSight around a deal to take on the obligations of its now-defunct Syndicate 1110, The Insurance Insider can reveal.
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Legacy specialist Compre has acquired a legacy portfolio from major Norwegian insurer Gjensidige Forsikring ASA for an undisclosed sum, it announced today