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Howard Hughes Holdings agreed to buy the carrier for $2.1bn. -
This was the second issuance completed by Farmers via its Bermuda reinsurance vehicle Topanga Re.
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The company named two execs to head global wholesale and commercial.
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Ackman targets high-teens ROE at Vantage via underwriting gains and equity investing.
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The Carlyle and Hellman & Friedman vehicle will sell for 1.5x book value.
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PoleStar Re Ltd 2026-1 includes three sub-layers, which run for a three-year term.
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Fleming Re bought the James River Re legacy book in 2024.
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At present, Mosaic Syndicate 1609 is managed by Asta.
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Guy Carpenter has sued Willis Re over a mass team lift in London and Bermuda in June.
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The deal adds a forward-flow, giving Compre the option to reinsure additional future years.
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He and Fletcher stand accused of aiding Willis Re in an unlawful team lift.
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The company had argued the judge missed key info when dismissing the case.
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