Legacy acquirer Darag has named James Insley as Group chief financial officer, replacing James Halley who will leave the business in mid-September.
London-listed legacy and programme specialist R&Q has issued loss portfolio transfer reinsurance via its wholly owned A- admitted carrier, Accredited Surety and Casualty Company.
Bermuda-headquartered legacy firm Catalina is understood to be subject to a Section 166 review by the Financial Conduct Authority (FCA), The Insurer can reveal.
Accredited Surety Casualty, the US program insurer owned by London-listed legacy and program specialist R&Q, has penned a loss portfolio transfer (LPT) agreement with pool insurers Northern California Regional Liability Excess Fund (NCR) and Statewide Association of Community Colleges (SWACC).
The sale process for Sandell Re has ended with legacy acquisition firm Randall & Quilter (R&Q) acquiring the Bermudian reinsurer at a discount to its $40.8mn of net assets.