Legacy

The transactions were written into Darag Bermuda and offer full legal finality for the US workers’ compensation book of the latter and the US workers’ comp and automotive liability books of the former.

He will be responsible for driving the use of technology and data across the business.

The carrier has agreed to acquire the former Credit Suisse ILS unit, following the acquisition of sister company Humboldt Re in 2021.

This publication's legacy survey and roundtable suggest that while inflation and competitive pricing remain challenges, the opportunity is still strong in the run-off space.

The legacy carrier reported significant unrealised investment losses.

The CEO received $3.9mn in shares alongside his salary and bonus.

In the wake of Enstar's $5.1bn go-private deal, here's our prior deep dive on the firm.

Accredited and R&Q Legacy will now operate under two separate holding companies within the group.

In reality, there are three credible buyers for the ~EUR200mn-book-value Darag – Riverstone, Enstar or Premia.

Gallagher Re is looking to increase its presence in the North American large-account space, where it is underweight compared with rivals.

Investment bank Macquarie has been retained to advise the legacy firm on the disposals.

The executive takes on the role vacated by former Enstar M&A chief Jonathan Zisaruk.