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Investors today responded positively to AmTrust's $400mn adverse development cover (ADC) agreement with Arch-owned reinsurer Premia.
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Legacy specialist Compre has received approval to set up an insurance company in Malta as the Mediterranean jurisdiction burnishes its credentials as a run-off hub
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Randall & Quilter (R&Q) co-founders Kenneth Randall and Alan Quilter have sold a combined £7.4mn ($8.4mn) of the company's shares in separate transactions
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Aegon has closed the sale of most of its US run-off operations to Wilton Re
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Stuart Davies, former CEO of Sompo Canopius, has been appointed executive chairman of run-off specialist Darag, The Insurance Insider understands
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Zurich is bringing an Australian motor liability legacy book to market as the global carrier continues to clean up its back books, The Insurance Insider understands.
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Legacy carrier Randall & Quilter (R&Q) has agreed a loss portfolio transfer reinsurance contract to cover an estimated $43mn of legacy liabilities for a California-based insurance group.
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Randall & Quilter has completed a loss portfolio transfer (LPT) of a bonds portfolio issued by an unnamed US Fortune 500 Insurance Group.
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ProSight's unhappy innings at Lloyd's is drawing to an end, with the US program insurer's decision to place its syndicate into run-off set to prompt a new round of self-examination for the troubled marketplace.
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It's strange how some things seem to change fundamentally but that fundamentally things don't change at all.
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European legacy acquirer Darag has appointed Macquarie to advise on an equity raise as it looks to secure funds for its deal pipeline, The Insurance Insider understands.