All Run-off articles
-
NewsR&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.
-
NewsSiriusPoint 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
-
NewsSompo completes sale of EAL to RiverStone
Sale of the run-off business is part of Sompo’s strategy to consolidate its UK presence into one company market platform
-
NewsCompre Covéa deal brings finality to legacy medmal
Medical Insurance Company DAC covered professional medical malpractice risks until it entered run-off in 2015
-
NewsR&Q rebukes Phoenix in assertive open letter
Board expresses continued support for William Spiegel and accuses Phoenix of causing ’disruption’ and ‘distraction’
-
NewsBrickell 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
-
NewsMS Amlin taps Compre for Rob Margetts
In his new role, Margetts will develop strategy across current and legacy portfolios
-
NewsBermuda’s excellent insurance run-off reputation grows
Bermuda’s reputation as a place for insurance run-off excellence grew continually in 2020, a leading executive in the Bermuda office of professional services firm PwC has said.
-
NewsAmerican Financial Group, Inc. Announces Agreement to Sell Run-off Lloyd’s-based Insurer, Neon
American Financial Group today announced that it has reached a definitive agreement to sell GAI Holding Bermuda and its subsidiaries, comprising the legal entities that own its Lloyd’s of London insurer, Neon, to RiverStone Holdings. Upon closing of the sale, AFG expects release of all of its funds at Lloyd’s ...