Legacy
Darag acquires another Cayman captive
Deal includes significant long-tail UK employers' liability exposures
R&Q shares plunge amid warning of 'significant' full-year loss
Legacy and programme management firm flags reserve deterioration and rising costs from sale of Accredited business
NY court orders Fleming to complete acquisition of JRG Re
Run-off specialist Fleming had refused to close the transaction to acquire the casualty reinsurer
Legacy reserves exceed $1trn for first time
General liability, motor and financial and professional liability identified as the most attractive lines of business for legacy market, PwC finds
Legacy insurance has evolved far beyond money for old rope
Re/insurers are becoming more proactive in managing retrospective risk, industry experts say
Compre names Mitha group commercial director
Executive will oversee legacy specialist’s business origination in the European and Lloyd’s markets
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
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