run-off insurance News

Run-Off Specialist Premia Acquires Navigators Holdings (Europe) from The Hartford

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 …

Premia Holdings Expands Reinsurance Capacity with Formation of Elevation Re

Premia Holdings Ltd. announced the formation of Elevation Re (SPC) Ltd., a sidecar vehicle which will provide collateralized reinsurance support for Premia’s activities in the global P/C run-off market. This arrangement enables Premia to support run-off reinsurance opportunities with additional …

Legacy Reinsurer Premia Agrees to Buy Navigators Holdings (Europe) from The Hartford

Bermuda-based reinsurance run-off specialist Premia Holdings Ltd. has agreed to acquire Navigators Holdings (Europe) NV and its associated companies from The Hartford. Navigators’ associated companies are collectively referred to as ASCO and include Assurances Continentales – Continentale Verzekeringen NV of …

Insurance Run-Off Specialist Marco Capital Acquires British Reserve from Allianz

Newly-launched insurance run-off specialist Marco Capital Holdings said it has agreed to purchase British Reserve Insurance Co. Ltd., a UK non-life insurance company, from Allianz. The transaction, Marco’s first, is subject to regulatory approval. Marco said the transaction provides the …