Industry Segments: Run-off Page 1 / 1
- November 15 2023
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.
- May 30 2023
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.
- September 13 2022
RiverStone’s run-off acquisition of Sompo's Endurance at Lloyd’s marks the end of an era.
- August 31 2022
The deal marks Sompo International's withdrawal from Lloyd's and consolidates its UK presence into a single platform.
- February 22 2021
Region holds US$123bn in non-life run-off reserves – compared with US$385bn in the US.
- February 9 2021
Sale of legacy businesses could take off in post-Covid environment.
- February 27 2020
Reinsurance arm from the UK branch of the Japanese firm will go into run-off.
- January 17 2020
The conglomerate may be looking to offload run-off player Frankfurter Leben.
- December 11 2019
Catalina’s acquisition of ACR could catalyse market movement.