Updated: icare turnaround continues as legacy deal put on ‘hold’
October 10 2022 by Andrew Tjaardstra
MORE FROM: Legacy
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KB Insurance completes US$100m loss portfolio transfer deal with Swiss Re
- November 15
With the Howden Tiger arranged deal, the Korean carrier will transfer its US commercial multiperil and workers’ compensation lines' net loss and unearned premium reserves to the reinsurer as part of the insurer's US branch wind down plan.
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Enstar Group in LPT deal with RACQ for 80% of motor liabilities up to accident year 2021
- February 22
Under the reinsurance deal RACQ will cede net reserves of approximately US$264m.
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Enstar signs US$1.9bn LPT deal with QBE
- February 17
The loss portfolio transfer includes international and North America financial lines.
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China Taiping UK completes transfer of EU book to Darag
- December 7
The legacy decision was taken as a result of the UK's decision to the EU.
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