Increased regulation to drive Asia Pacific run-off activity: PwC
February 22 2021 by Yvonne Lau
MORE FROM: Run-off
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KB Insurance completes US$100m loss portfolio transfer deal with Swiss Re
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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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Catholic Church Insurance in Australia enters run-off
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CCI has been operating since 1911 and says it "has sufficient assets to meet its commitments as they currently stand" as reports suggest historical abuse claims are the reason for closure.
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Opinion: Japanese majors swept up in Lloyd’s legacy zeitgeist
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RiverStone’s run-off acquisition of Sompo's Endurance at Lloyd’s marks the end of an era.
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Sompo International sells Endurance at Lloyd’s to RiverStone
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The deal marks Sompo International's withdrawal from Lloyd's and consolidates its UK presence into a single platform.
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