Industry Segments: Legacy Page 1 / 1
- February 22 2023
Enstar Group in LPT deal with RACQ for 80% of motor liabilities up to accident year 2021
Under the reinsurance deal RACQ will cede net reserves of approximately US$264m.
- February 17 2023
Enstar signs US$1.9bn LPT deal with QBE
The loss portfolio transfer includes international and North America financial lines.
- December 7 2022
China Taiping UK completes transfer of EU book to Darag
The legacy decision was taken as a result of the UK's decision to the EU.
- October 10 2022
Tower completes legacy build-out with Kiwibank deal
The New Zealand carrier will pay US$3.3m for the portfolio, which will be migrated to its flagship Direct channel.
- October 10 2022
Updated: icare turnaround continues as legacy deal put on ‘hold’
The state-owned insurer, which has been under pressure to reorganise, has announced a new claims model with an expanded panel of service providers.
- September 13 2022
Opinion: Japanese majors swept up in Lloyd’s legacy zeitgeist
RiverStone’s run-off acquisition of Sompo's Endurance at Lloyd’s marks the end of an era.
- June 14 2022
Catalina’s Asia Capital Re gets new Asia CEO
Wei-Lyn Loh has been with the reinsurer for seven years.
- June 4 2020
Carlyle, T&D complete US$1.8bn Fortitude acquisition from AIG
The US major is set to receive US$2.2bn in sale proceeds.
- December 11 2019
Will Asia’s run-off market catch up with the US?
Catalina’s acquisition of ACR could catalyse market movement.
- November 27 2019
AIG sells majority of Fortitude Re to Carlyle and Japan’s T&D
The US$1.8bn deal will see the Bermuda-headquartered run-off firm become independent.
- September 20 2019
Axa completes Munich Re Malaysia legacy transfer
Axa Liabilities Managers' 20th acquisition has gained regulatory approval.