Enstar closes $500mn Zurich A&E legacy deal
Bermudian legacy specialist Enstar Group has completed a transaction to reinsure certain US asbestos and environmental liability insurance portfolios of Zurich North America.
Argo narrows bidders in mooted $387mn back-years auction
Bermudian (re)insurer Argo Group has begun to narrow down the list of potential counter-parties on a major $387mn run-off deal for its long-tail US liabilities.
Darag names Zurich’s Hill COO
Run-off specialist Darag has named Andrew Hill chief operating officer.
Compre commits to Lloyd’s platform by 2020 after missing out on Standard Syndicate
Legacy specialist Compre has outlined its intentions to gain a foothold in Lloyd’s of London by next year after narrowly missing out in its bid for the Standard Syndicate.
Enstar to buy Great Lakes and HSB run-off portfolios
Legacy and live carrier Enstar Group has agreed a deal to buy Aus$228.2mn ($156.2mn) of run-off portfolios from the Australian branches of Munich Re’s Great Lakes Insurance and HSB Engineering Insurance.
Darag to buy Zurich’s Eur180mn German architects’ and engineers’ PI portfolio
Legacy specialist Darag is set to acquire Zurich’s German architects and engineers (A&E) professional indemnity insurance portfolio for Eur180mn ($204mn).
Darag names Warranty Group’s Insley CFO as Halley exits
Legacy acquirer Darag has named James Insley as Group chief financial officer, replacing James Halley who will leave the business in mid-September.