Randall and Quilter Bermuda

R&Q restructures Bermuda legacy business under SAC

2020-10-29T08:18:00+00:00

Randall & Quilter Investment Holdings (R&Q) has announced its wholly owned subsidiary R&Q Re (Bermuda) has been registered under the Segregated Accounts Companies Act 2000.

Darag

Darag sells active Italian book to Nobis

2020-10-16T09:39:00+01:00

Darag has agreed to sell the active underwriting business within its Italian operations to domestic insurer Nobis Compagnia di Assicurazioni.

Legacy

Enstar completes first insurance business transfer in US

2020-10-15T21:02:00+01:00

Enstar Group has completed the first ever insurance business transfer (IBT) in the US as Oklahoma won the race to be the jurisdiction facilitating the debut transaction in a move that some have predicted could open the floodgates for legacy deals in the world’s biggest insurance market.

II-Accredited

AM Best affirms R&Q and Accredited subsidiaries

2020-10-15T19:38:00+01:00

AM Best has affirmed the A- financial strength and “a- ” long-term issuer credit ratings (ICR) of R&Q’s Accredited Surety and Casualty Company (ASC) and Accredited Insurance Europe (AIEL) subsidiaries as it highlighted their pivotal role in the group’s growing program business.

R&Q and Tradesman

R&Q to consider further MGA investments to follow Tradesman stake

2020-10-15T06:31:00+01:00

Randall & Quilter (R&Q)’s management has said the firm will consider further investments in the MGA space having taken a 35 percent stake in New York-based MGA Tradesman in the third quarter.

R&Q

R&Q’s operating earnings up 30% in H1 2020

2020-10-14T06:21:00+01:00

Randall & Quilter Investment Holdings Ltd (R&Q) said its operating earnings were up 30 percent in the first half of the year as its legacy and program management businesses performed well despite Covid-19 temporarily slowing down deal completion.

Compre

Compre names R&Q’s Aguiar CUO of Bermuda platform

2020-10-14T08:40:00+01:00

Legacy specialist Compre has named R&Q’s Anson Aguiar as chief underwriting officer of Pallas Reinsurance Company Ltd. (Pallas Re), Compre’s newly-launched class 3A Bermudian reinsurer, and revealed it has completed its first US transaction.

Arog and Riverstone

Riverstone strikes £356mn RITC with Argo

2020-10-12T07:27:00+01:00

Fairfax-owned Riverstone has once again demonstrated its continued appetite for Lloyd’s legacy business by inking a reinsurance-to-close (RITC) transaction with Argo Syndicate 1200.

II-Fleming

Fleming Re to acquire Bermuda casualty captive

2020-10-09T20:15:00+01:00

Bermudian legacy carrier Fleming Re has agreed a deal to buy casualty-focused reinsurance captive Sinclair Insurance Company.

Darag, Fosun and SunPoint

Darag to acquire SunPoint from Fosun

2020-10-07T14:06:00+01:00

Legacy specialist Darag is set to acquire the run-off vehicle SunPoint that was previously led by Karl Wall from Fosun, The Insurer can reveal.

mory_katz_____bms

BMS targets legacy expansion with Katz move

2020-10-07T13:40:00+01:00

BMS Group has engaged Mory Katz as a senior consultant to work closely with its reinsurance intermediary arm and support the expansion of its legacy capabilities in the fast-growing segment of the market.

Screenshot 2020-10-05 at 17.35.44

Premia to acquire Navigators European portfolio From The Hartford

2020-10-05T16:38:00+01:00

Legacy specialist Premia has agreed to acquire Navigators Holdings (Europe) NV from The Hartford.