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  • Bermudian (re)insurer Endurance has bought a part of in run-off Glacier Re's international and US property catastrophe and global specialty reinsurance business through a quota-share treaty and renewal rights deal.
  • Reinsurer capital is still growing; $50mn Caucasus dispute; Stable or stormy; Hannover Re EUR500mn debt; US reinsurance CR 98.7%...
  • Amlin's US withdrawal is London broker fillip; Ri3K sale; McDonald returns; FAConnect trades on Lloyd's...
  • Following swiftly in Glacier Re's footsteps, specialist UK insurer Ecclesiastical also plans to begin the run-off of its London market business
  • Investment returns is continuing to be a clear differentiator for the quoted run-off firms that posted a mixed bag of 2010 interim results last month
  • Glacier Re's demise as a live underwriter was completed at the end of August with the announcement that its portfolio of business has been placed into run-off with immediate effect
  • In an unprecedented move, Aon and MMC have teamed up to create a facility to offer $1bn+ of excess liability cover to oil companies for control of well and pollution clean-up costs, The Insurance Insider can reveal.
  • In a potentially pivotal decision, Rhode Island regulators recently gave an initial green light to the first accelerated US run-off plan
  • Innovative restructurings and M&A in the run-off market continued this summer demonstrating that, despite its dowdy reputation, the legacy industry continues to embrace new solutions for dealing with old business
  • This month is set to be a busy one for litigation connected with the collapse of Stanford Financial Group (SFG) and its alleged $7bn+ Ponzi scheme