-
Fleming’s attempt follows those of other legacy carriers that have had recent successes raising capital.
-
The ILS play will make the business more capital efficient under new owner Sixth Street.
-
The legacy player is working to secure its first deal, and could look to expand to US E&S.
-
Rachel Bardon will also join the board of Compre's Bermuda-based reinsurer Pallas Re.
-
The restructuring arrangement is designed to protect creditors.
-
The reinsurance veteran joins from Artex Risk Solutions.
-
In its first deal, Enstar received $350mn in premium for certain 2019 and 2020 business in AlphaCat’s portfolio.
-
Reserve risk specialist Enstar has struck its first deals in the ILS space this year.
-
The deal freed up capital held against deals written in 2019 and 2020.
-
The James River-Long Tail Re deal is the latest example of deal-specific investor capital.
-
ILS investors’ stress over Gibson Re is unlikely to inhibit legacy ILS’s future.
-
The newly launched Marco Re will be led by Mark Elliott as CEO.