Legacy
Enstar closes $400m LPT deal with SiriusPoint
Bermuda-based carrier reinsures book of workers’ compensation business covering underwriting years 2018 to 2023
Lloyd’s is taking a common sense approach to market discipline
Continued warnings about complacency belie the fact the market is heading in the right direction
Legacy business rebounding in 2024: PwC
Despite a turbulent 12 months, recent deal activity suggests the market for legacy transactions remains strong
Sixth Street's Enstar acquisition survives 'go-shop' period
Legacy specialist Enstar solicited bids from 34 potentially interested third parties but received no additional offers
Enstar closes $442m long-tail reinsurance deal with IAG
Legacy specialist will provide Australian heavyweight with adverse development cover for specific long-tail insurance businesses
Compre executes legacy transaction with Accelerant
Transaction will provide risk exchange with around $150m of cover on loss reserves
Enstar enters into $376m LPT deal with QBE
The legacy deal relates to a diversified book of US commercial liability and workers' compensation business
RiverStone acquires Darag’s North American business
Transaction allows Darag to focus on its European business, the company says
Sixth Street to acquire Enstar for $5.1bn
Investment firm leads consortium of investors to take Bermuda-based legacy firm private
James River inks $160m legacy deal with State National
Bermuda-based carrier enters into loss transfer deal with Markel Group subsidiary for legacy excess and surplus lines casualty business written between 2010 and 2023
Fleming names Garceau as CFO and COO
The appointment rounds off the legacy reinsurer's executive team
Teneo appointed provisional liquidator of R&Q
Michael Morrison, Mark Allitt and Charles Thresh were appointed at a hearing yesterday before the Supreme Court of Bermuda
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