Liquidation sought on the grounds that the company's projected claims and expenses exceeded assets by around $17m
Bermudian carrier inks $277m deal with run-off specialist Fleming Reinsurance
The agreement covers a net reserve of approximately $80m
Specialty insurer reports strong performance in its programme management business but losses rise in legacy arm
Concentration of high-value deals with increased demand for reinsurance-based capital relief transactions, study by PwC finds
Transaction relates to the portion of reserves AIG retains following the sale of its Validus Re unit to RenaissanceRe
Bermuda legacy specialist continues to expand its European medical malpractice portfolio
Reinsurance broker appoints Steve Ryland as global head of legacy and Thomas Deane as head of investment banking
Legacy specialist calls in Citigroup and Fenchurch Advisory following capital ratio decline, according to a report
The popularity and success of the legacy acquisitions market has attracted a lot of capital, but it is important the market maintains its discipline in pricing transactions
The deals relate to US workers’ compensation and automotive liability books
Appointment follows private equity firm Scopia’s agreement to invest up to $60m in programme management and legacy specialist
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