Major-2017-18-legacy-related-capital-raises-i

Asia Capital Re deal continues 2019 legacy boom

2019-12-05T14:01:00+00:00

Bermudian legacy firm Catalina Holdings’ in-principle agreement to acquire Singapore-headquartered Asia Capital Reinsurance Group (ACR) is the latest in a series of significant deals in recent months in what is turning out to be a fruitful season for the legacy market.

Vibe and Faraday

Faraday set to takeover Vibe’s FI business when syndicate closes

2019-12-04T13:30:00+00:00

Faraday Syndicate 435 is in talks to take over a five-strong financial institutions team and its book of business from the soon-to-be closed down Vibe Syndicate, The Insurer can reveal.

RenaissanceRe, TigerRisk and Morgan Stanley

RenRe engages TigerRisk and Morgan Stanley to sell UK legacy book

2019-12-03T15:50:00+00:00

RenaissanceRe has appointed TigerRisk and Morgan Stanley to find a buyer for its £396mn ($514.6mn) UK legacy book which the (re)insurer inherited through its $1.5bn acquisition of Bermudian neighbour Tokio Millennium Re.

Enstar Q3 results

Enstar’s live operations report Q3 underwriting losses

2019-11-07T16:10:00+00:00

Bermudian live-to-legacy player Enstar has reported an operating profit in the third quarter, turning around a loss in the prior period, despite underwriting losses at Atrium and StarStone.

Evolution

Human assets in legacy transfer

2019-10-21T22:42:00+01:00

While media coverage tends to focus on structure and reserve quantum, talent is the cornerstone of a successful legacy business transfer, Stephen Roberts, head of claims at RiverStone Europe, tells The Insurer.

Darag

Legacy matures in continental markets

2019-10-21T22:37:00+01:00

Driven by low premium rates in the insurance market, low interest rates across the board and disruption caused by newer technologies, the legacy market is now undergoing a period of significant growth, Alex Roth, head of M&A at Darag Group tells The Insurer.

European commission smartphone

Riding the European legacy wave

2019-10-19T20:56:00+01:00

Beda Wettenschwiler and Jens Ziser of Accredited Insurance Europe – an R&Q company – sat down with The Insurer to discuss how the European legacy market is evolving, where demand is stemming from and the competitive landscape in the runoff space on the continent.