Compre, the Bermuda headquartered legacy group, announced it has signed agreements to acquire the Irish subsidiary of Covéa, Medical Insurance Co. DAC (MIC), which provided general liability insurance covering professional medical malpractice risks. MIC entered into run-off in 2015. Compre …
Sompo International, the Bermuda-based provider of commercial and consumer property and casualty re/insurance, announced the sale of its Endurance at Lloyd’s (EAL) run-off business to RiverStone Holdings Ltd., the legacy specialist. The deal completes the company’s previously communicated objective to …
CNA Hardy Taps Zurich’s Crew, Chubb’s Devenish for Management Liability Team CNA Hardy has appointed Edward Crew as senior technical underwriter, and Oliver Devenish, as underwriter, to the London/Lloyd’s Management Liability team. Based in London and working across both Lloyd’s …
Premia Holdings Ltd., the Bermuda-based run-off specialist, announced that Premia Syndicate 1884 has entered into a loss portfolio transfer agreement with Hiscox Syndicate 33. The portfolio consists of a diverse mix of business underwritten by Syndicate 33 during years of …
Enstar Group Ltd., the Bermuda-based legacy acquisition specialist, has completed a previously announced loss portfolio transfer agreement (LPT) with Aspen Insurance Holdings Ltd. and its subsidiaries for their 2019 and prior business. Enstar will assume net loss reserves of $3.12 …
Enstar Group Ltd. announced that one of its wholly owned subsidiaries has reached an agreement for a ground-up loss portfolio transfer (LPT) with Aspen Insurance Holdings Ltd. for its 2019 and prior business. In the LPT transaction, Enstar’s subsidiary will …
Bermuda-based reinsurance run-off specialist Premia Holdings Ltd. announced it has completed the acquisition from Hartford Financial Services of Navigators Holdings (Europe) NV and its subsidiaries, which include property/casualty insurer Assurances Continentales NV (known as ASCO), located in Belgium, and its …
Canopius Group, the London-based global specialty re/insurer, announced it has completed a loss portfolio transfer (LPT) agreement with RiverStone International. The agreement covers discontinued classes of business underwritten by Canopius’ Lloyd’s syndicates and will see RiverStone’s Syndicate 3500 indemnify Canopius …
Argo Group International Holdings Ltd., the Bermuda-based underwriter of specialty insurance, announced an agreement to sell its Malta business operations, ArgoGlobal Holdings (Malta) Ltd. and its subsidiaries, to Riverstone Holdings Ltd. (part of the RiverStone International group), an acquirer and …
Brit Ltd. announced it has completed a loss portfolio transfer (LPT) agreement with RiverStone International. The agreement is for predominantly legacy years of account on certain classes and certain discontinued classes of business underwritten by Brit Syndicate 2987 and is …
