Legacy
Marco Re gets A- rating from AM Best
Legacy specialist gets first rating following formation in December 2023
Darag buys two legacy portfolios in North America captive sector
Guernsey-based legacy acquirer buys firms in Bermuda and Cayman Islands
Compre announces global claims and operations function
Consolidated claims function will be led by Simon Hawkins as operations executive managing director
Canopius names Minetti head of medical professional liability
Minetti joins the re/insurer from Coverys syndicate 1975 where she was active underwriter
Darag completes captive acquisition
Legacy specialist acquires portfolio of workers’ compensation business from Hawaii captive insurer
PRA opens consultation on 'solvent exit' requirements
Requirement for UK insurers to undertake 'solvent exit analysis' and produce specific plans when they leave market could provide opportunities for legacy consolidators
Catalina appoints Waldstein chief executive
Bermuda-based legacy specialist names group chief investment officer to succeed Parker
Carrick strikes loss portfolio transfer with IRB(Re)
Transaction relates to the Brazilian reinsurer’s UK branch, which went into run-off in 1983
Compre acquires European casualty and motor portfolios
Bermuda-based legacy firm has reinsured around $200m of reserves for two international insurers
Northlight acquires legacy group Carrick
Investment firm installs Canopius founder Michael Watson as chairman of Bermuda-based Carrick
Run-off of former RSA business in US placed into liquidation
Liquidation sought on the grounds that the company's projected claims and expenses exceeded assets by around $17m
James River to sell casualty reinsurance business
Bermudian carrier inks $277m deal with run-off specialist Fleming Reinsurance
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