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Some 39% of respondents expect deal volumes to increase in the next 12 months. -
The transaction is conditional to the completion of the sale of shares in Accredited to Onex.
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The liquidation will let the company sell its Accredited arm to Onex via an alternative transfer structure.
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With topco liquidation looming, there are questions for R&Q and the wider market.
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The Canadian PE house is delaying close and seeking to renegotiate aspects of the deal.
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The deal will see Darag manage open claims relating to the runoff of Unipol Re.
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The CEO also discussed the need for portfolio diversification.
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Major deals include a $1.3bn loss portfolio transfer with SiriusPoint.
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The former R&Q head of legacy will join as an adviser.
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The vehicle will give the legacy carrier a US platform.
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Enstar recorded $280mn of other income in Q1 2023 related to Enhanzed Re.
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Love joins from Scor, where she was assistant vice president, insurance operations.
