-
The Gibraltar entity's losses are understood to stem primarily from its relationship with collapsed NZ carrier CBL.
-
The cash-and-stock transaction values the closed life group at the top end of the range implied in an abortive IPO. -
The live carrier will cease writing business with immediate effect and become a platform for the legacy acquirer's Asian run-off expansion.
-
The former UK life sciences manager replaces Karen Strong, who has left the business.
-
The legacy carrier is in line to seal RITC deals following the closure of its acquisition of CTMA and Syndicate 1884.
-
The Paris-based carrier has a history of using innovative capital tools to manage risks to the company’s balance sheet.
-
The manager will continue part time in an executive role advising on claims and reinsurance for group legacy companies.
-
The motor insurer also attracts investment from new backers RTP Global, Breega and Digital Horizon.
-
The reinsurance market is something of a conundrum as we begin the run-in to 1 January.
-
The ratings agency said the transaction reduced the carrier’s exposure to higher risk legacy products.
-
Jenny Yu, who was at the German reinsurer for nine years, will join the broker in January.
-
There was a lot to unpack in Swiss Re’s investor day update, which focused on its plans to continue recapturing market share in the natural catastrophe business.
