Reinsurance News
Legacy insurance and reinsurance news
News about the legacy insurance and reinsurance market, where legacy liabilities are run-off, transferred or acquired in legacy transactions, allowing their original holders or underwriters to achieve finality on those books of business.
IRLA Congress: Legacy market matures into strategic capital and operational partner for re/insurers
11th May 2026
The legacy and retrospective reinsurance market is entering a new phase of maturity, driven by growing demand for capital optimisation, operational efficiency and increasingly sophisticated transaction structures. That was the central message from this year’s IRLA Congress & Business Seminar, where industry leaders described a sector that is no longer simply ... Read the full article
Enstar sees significant growth opportunities on the live and legacy side: Dan Sanford
7th May 2026
Following its agreement to acquire Accident Fund Holdings, Inc. (AF Group) alongside positive industry tailwinds, global insurance and reinsurance group Enstar is “excited” about the opportunities ahead, seeing ample room for growth. During a recent trip to Bermuda, Reinsurance News spoke with Dan Sanford, Managing Director, M&A at Enstar, about the ... Read the full article
Compre remains flexible as appetite expands into prospective and capital solutions, says CUO Bardon
5th May 2026
Rachel Bardon, Chief Underwriting Officer (CUO) at international specialty reinsurance group Compre, said the company is expanding its appetite to include more prospective and capital-focused transactions as the legacy market continues to evolve, while remaining rooted in traditional legacy transactions. In an interview with Reinsurance News at Compre’s headquarters in Bermuda, ... Read the full article
Leaders reflect on market shifts at Swiss Re’s first Legacy Market Dialogue
5th May 2026
Global reinsurer Swiss Re’s inaugural Legacy Market Dialogue (LMD) brought together experts from across the expanding P&C legacy marketplace, to debate perspectives and reflect on the state of an increasingly complex and nuanced part of the risk transfer universe. Across February 10th and 11th in Rüschlikon, Switzerland, senior legacy sector ... Read the full article
Non-life run-off deal momentum remained strong in Q1’26, says PwC
1st May 2026
PwC has reported that legacy market momentum continued in the opening three months of 2026, with nine publicly disclosed non-life run-off deals announced by five acquirers, with cumulative gross liabilities of approximately $730 million transacted for the five transactions that disclosed deal values. According to PwC, three of the deals announced ... Read the full article
Aon expects market dynamics to accelerate legacy activity at Lloyd’s
15th April 2026
Despite reduced legacy deal activity in 2024 and 2025 amid relatively benign catastrophe activity and the strong performance of the broader re/insurance market, broking group Aon expects activity to accelerate at the specialist Lloyd's marketplace as capital allocation becomes more disciplined. Insurance and reinsurance broker Aon's April 2026 Lloyd's Legacy Report ... Read the full article
Compre enters into £250m ADC transaction with European reinsurer
23rd March 2026
International specialty reinsurance group Compre has entered into a new in-the-money adverse development cover (ADC) transaction with a European reinsurer. The agreement covers a diversified, Europe-wide liability portfolio with net reserves of approximately £250 million. The portfolio includes motor, engineering, and liability business, spanning assumed reinsurance underwriting years from 2018 to 2024. This ... Read the full article
Compre assumes portfolio of asbestos insurance liabilities from Amerisure
18th March 2026
Compre Group Holdings Limited (Compre), the Bermuda-domiciled international specialty reinsurance group, has announced that it will assume a material portfolio of asbestos insurance liabilities from Amerisure. Amerisure is a provider of commercial property and casualty insurance solutions for U.S.-based construction, manufacturing, and healthcare businesses. The transaction involves the transfer of a significant ... Read the full article
RiverStone International launches in Australia with local acquisition and Zurich legacy deal
17th March 2026
RiverStone International, an acquirer and reinsurer of legacy and discontinued insurance business, has launched in Australia through the acquisition of a locally domiciled insurer and a significant legacy portfolio transaction with global insurance carrier Zurich. The global legacy firm has acquired RiverStone International Australia PTY LTD to support the Group's offerings ... Read the full article
Legacy specialist Xitus selects INTX as core insurance operating system
20th February 2026
Xitus, a legacy specialist providing discontinued insurance solutions through acquisition and loss portfolio transfers, has chosen INTX Insurance Software, a complete Insurance Operating System for specialty P&C insurers, MGAs, reinsurers and captives, as its core insurance operating system to support its global portfolio and captive operations. INTX will support Xitus in ... Read the full article
Compre appoints David Atkins as Deputy CEO
6th February 2026
Bermuda-domiciled international specialty reinsurance group Compre has named David Atkins to the newly created role of Deputy CEO, based in London. According to Compre, the appointment will enhance the company’s leadership capacity to navigate greater scale and complexity while ensuring disciplined execution and clear accountability. Atkins will reportedly oversee key group functions, ... Read the full article
Marco Capital completes acquisition of Malta-based insurer Stewart Title Europe
5th February 2026
Marco Capital Holdings Limited, a European P&C insurance run-off group, has completed its acquisition of Stewart Title Europe Limited, a Malta-based insurer. The transaction, which was first announced in December last year, has now received all required regulatory approvals and has fully closed. Stewart Title Europe Limited is a specialist insurance ... Read the full article
Rising 2026 re/insurance M&A to fuel run-off market opportunities: PwC
28th January 2026
With live M&A activity in the re/insurance sector expected to rise this year, PwC anticipates opportunities in the run-off market through the carve-out of non-core portfolios, both pre- and post-transaction. In a new report, PwC forecasted that 2026’s M&A activity will be shaped by a challenging rates environment, alongside persistent pressure ... Read the full article
DARAG announces two deal closures at year-end 2025
16th January 2026
Legacy acquirer DARAG Group has announced the completion of a portfolio transfer agreement (PTA) of Danish Workers’ Compensation business from Protector, and the signing of a loss portfolio transfer (LPT) and PTA with another European carrier. DARAG Deutschland AG, DARAG’s German insurance carrier, completed the PTA of Protector’s Danish Workers’ Compensation ... Read the full article
Allianz Re appoints Florian Steiner as Head of Capital and Legacy Solutions
14th January 2026
Allianz Reinsurance, part of global insurer Allianz, has appointed Florian Steiner as Head of Capital and Legacy Solutions. In his new role, Steiner will oversee capital management and legacy and run-off activities for Allianz Re across Property & Casualty and Life & Health reinsurance. He will report to the Chief Underwriting ... Read the full article
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