All legacy business articles
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News
RiverStone and QBE announce loss portfolio transfer deal
Run-off re/insurer takes on reserves of $1.2bn for Lloyd’s syndicate legacy business from QBE.
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Compre promotes Mitha to new commercial director role
Mitha joined Bermudan run-off re/insurer Compre as chief actuary for North America in 2022.
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Enstar exits Atrium in $182.3m deal to buy remainder of StarStone
Legacy specialist re/insurer Enstar has inked a deal to acquire the remaining 41% of StarStone Specialty.
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R&Q reorganises to sell Accredited arm, raises $50m equity
Randall & Quilter (R&Q) said it has completed a reorganisation to separate its legacy and programme management arms, to facilitate the sale of the latter, plus a capital raise of $50-60m.
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SiriusPoint and Compre agree $1.3 billion reserve transfer
Hailed as a ‘transformational deal’, it is one of the largest transactions underwritten in the legacy market
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Compre Covéa deal brings finality to legacy medmal
Medical Insurance Company DAC covered professional medical malpractice risks until it entered run-off in 2015
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Brickell backs calls to remove R&Q chairman
Former suitor says it has ”lost confidence” in R&Q’s as shareholder Phoenix insists Ken Randall should replace William Spiegel
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Brickell calls off R&Q takeover deal after ‘material breach’
R&Q to pursue a $100m equity fundraise as Brickell pulls out of acquisition and funding agreement
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MS Amlin taps Compre for Rob Margetts
In his new role, Margetts will develop strategy across current and legacy portfolios