Legacy
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The tech company contributed $139mn to its asbestos subsidiary companies as part of the deal.
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Around 50% of the $100bn growth in the market emanated from deals struck in North America.
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The company expects to announce another similarly sized deal soon, and the rest of the year’s pipeline is “beyond expectations”.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Guy Carp is advising the specialty insurer as it seeks to draw a line under adverse development from its historic program book.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The transaction will eliminate Enstar’s direct exposure to cat business and boost its book value.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The transaction would mark a fifth legacy deal struck by Argo as it seeks to clean up its back book amid a strategic review.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The carrier was pushed to a net loss of $493mn by mark-to-market losses in its investment portfolio in Q2.
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James River enters $75mn legacy deal, closes strategic review
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Legacy deal activity rebounds over Q3: PwC
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