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The run-off platform is headed by former Enstar US chief Karl Wall, with Richard Harris holding a non-exec role. -
Six insurers garner the agency’s second-highest rating, though none make it into the top category.
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The acquisition from Quilter will add £12bn in assets to ReAssure’s platform.
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The Canadian conglomerate will buy out all of Omers minority stake in Brit.
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The CFO tells analysts the US MidCorp business will come under particular scrutiny.
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The UK’s Aviva is considering putting its Asian division up for sale, the Business Times of Singapore reported.
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The carrier will continue to write more long-tail business to manage down its cat exposure.
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The executive replaces Patrick Manley as CEO of the Swiss carrier’s main EU general insurance arm.
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The legacy carrier will use the base to acquire insurance entities in run-off.
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Lloyd’s largest motor syndicate has made chief risk officer Ryan Warren CFO.
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The carrier was hit by increased losses and deteriorating reserves.
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The executive promises a broader managed funds vehicle, whose strategies will also differ from those of Nephila.
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