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Reserve risk transfer moves from legacy solution to strategy

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With insurers facing increasing pressure to deploy capital efficiently and a growing pool of third-party capital entering the sector, the legacy market is undergoing a shift in how it is perceived and used. According to David Quinn (pictured), Managing Director – Underwriting at Compre Group, reserve risk transfer is increasingly being discussed as part of capital planning … [Read more...] about Reserve risk transfer moves from legacy solution to strategy

Legal Update: Common Traps for Reinsurance Carriers to Avoid When Handling Personal Injury Claims

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Two experienced defense attorneys, Andrea Silk and Brandon Weinstein, both Partners with Gallo Vitucci Klar LLP presented at the 2026 Summer Membership Meeting on the key pitfalls reinsurance carriers encounter when handling personal injury claims. The presenters began by highlighting the danger of late severity recognition, when reinsurers or counsel don’t recognize the value … [Read more...] about Legal Update: Common Traps for Reinsurance Carriers to Avoid When Handling Personal Injury Claims

Legal Ethics in the Context of Insurance Regulation

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J J Silverstein, a Partner with Foley & Lardner, LLP presented at the June 2026 Summer Membership Meeting on ethical issues and standards in dealings with insurance regulatory agencies.  There are all sorts of interactions with regulators: written, informal, formal, emails, product filings, and financial and other required disclosures. Navigating the tension between … [Read more...] about Legal Ethics in the Context of Insurance Regulation

Getting Effective Deals: Preparing for and Conducting Negotiations

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The first panel of the day was a presentation on negotiation strategy, with a strong emphasis on preparation as the foundation of success. Panelists Connie O’Mara (O’Mara Consulting LLC), Jennifer Warycha (Partner, Gerber Ciano Kelly Brady LLP) and Steven Ries (Senior Attorney, Hogan Lovells) explained that effective negotiators must understand their own goals, limits, and … [Read more...] about Getting Effective Deals: Preparing for and Conducting Negotiations

Marco Capital completes Part VII transfer of Inceptum Insurance liabilities

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Marco Capital has received High Court approval to transfer the risks held in Inceptum Insurance Company Limited to its UK legacy platform, British Reserve Insurance Company Ltd, under Part VII of the Financial Services and Markets Act 2000, the company announced on Tuesday. “The Part VII transfer of liabilities from Inceptum to Marco Capital’s UK legacy platform, … [Read more...] about Marco Capital completes Part VII transfer of Inceptum Insurance liabilities

DARAG completes portfolio transfer agreement with Ambra Versicherung AG

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Legacy acquirer DARAG Group has announced the completion of a portfolio transfer agreement of a worldwide reinsurance book. The portfolio transfer was completed in May 2026 following DARAG’s acquisition of the entire portfolio from carrier Ambra Versicherung AG (Ambra), which operates internationally. The transaction spans an underwriting period ranging from the 1970s to … [Read more...] about DARAG completes portfolio transfer agreement with Ambra Versicherung AG

Carrick Holdings announces transfer of reinsurance contracts of IRB-Brasil Resseguros’ UK branch to Community Reinsurance Corporation

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June 22nd, 2026 – Carrick Group Limited (“Carrick”), a Bermuda-based international non-life legacy insurer, has announced transfer of the reinsurance contracts of IRB-Brasil Resseguros’ UK branch to Community Reinsurance Corporation Limited by way of an insurance business transfer scheme under Part VII of the Financial Services and Markets Act 2000. The UK branch of IRB-Brasil … [Read more...] about Carrick Holdings announces transfer of reinsurance contracts of IRB-Brasil Resseguros’ UK branch to Community Reinsurance Corporation

Cheers to Three New Legacy Professionals Who Earned their CLP Designation!

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One of the highlights of the 2026 Summer Membership Meeting was the recognition and celebration of three new legacy professionals who were awarded the Certified Legacy Professional ("CLP”) designation. The CLP designation represents a significant achievement and demonstrates a commitment to mastering the specialized professional knowledge and skills in the legacy … [Read more...] about Cheers to Three New Legacy Professionals Who Earned their CLP Designation!

Mediating Reinsurance Cases: Does It Work?

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The AIRROC panel “Mediating Reinsurance Cases” addressed how mediation may or may not work in reinsurance. The moderator was Mark Gurevitz of MG Re Arbitrator and Mediator Services, and speakers were Andrew Nadolna, a JAMS mediator and former Global Head of Casualty Claims at AIG; Elaine Caprio, an arbitrator, mediator and Chief Re Officer for R&Q Re in Liquidation; Andrea … [Read more...] about Mediating Reinsurance Cases: Does It Work?

Weathering the Future: Climate Change and Insurance

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Scott L. Davis and Tyler J. Scott, Partners at Spencer Fane LLP, explore the rapidly evolving intersection of climate change and the insurance industry. Drawing on recent legal developments and emerging litigation trends, they provide a clear, practical overview of how climate-related risks are reshaping claims, coverage, and long-term exposure across the market. Key takeaways … [Read more...] about Weathering the Future: Climate Change and Insurance

Organizing and Participating in Effective Deliberations with Party Arbitrators

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Fourth in a Continuing Series on Umpire Best Practices Eric Kobrick is an ARIAS U.S. Certified Umpire and Arbitrator with deep experience with the arbitration process. He has served on 50 arbitration panels, many as umpire. He is also a former AIG Senior Vice President and Deputy General Counsel where he held a variety of senior legal positions, including as Chief Reinsurance … [Read more...] about Organizing and Participating in Effective Deliberations with Party Arbitrators

Data Centers

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Conference attendees at AIRROC’s 2026 Chicago Education Day took part in a presentation focused on the use and impact of data centers presented by panelists, Martha Conlin and Leslie Davis, both Partners with Troutman Pepper Locke, who hosted the event. With the explosion in AI use, data centers have become critical national infrastructures that now underpin nearly every … [Read more...] about Data Centers

AI and Its Use in the Insurance Industry

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Panelists, Martha Conlin, a Partner with Troutman Pepper Locke, John LaBarbera, a Partner with Kennedys, and Dan Waterloo, an academic and Adjunct Professor with the Illinois Institute of Technology delivered a cutting edge presentation on the acceleration of AI in insurance. This session was designed to both demystify AI and underscore how quickly it is reshaping … [Read more...] about AI and Its Use in the Insurance Industry

Back to Basics: Common Concerns for the Reinsurance Professional

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Following the networking lunch, conference attendees heard from an experienced panel of reinsurance practitioners and attorneys on several foundational concepts that are critical to the reinsurance underwriting and claims process. Panelists Karen Borg, CNA Consulting Director for Reinsurance Contracts, Teresa Snider, Partner, Porter Wright Morris & Arthur, and Beth Stroup, … [Read more...] about Back to Basics: Common Concerns for the Reinsurance Professional

Legacy market sees more complex capital relief structures: Compre CUO Bardon

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The legacy re/insurance market continues to evolve, with a growing shift towards purely capital relief structures that are increasingly complex and require creative, patient, long-term partners, according to Rachel Bardon, Chief Underwriting Officer (CUO) at Compre. In an interview with Reinsurance News during our visit to Bermuda, Bardon discussed the current state of the … [Read more...] about Legacy market sees more complex capital relief structures: Compre CUO Bardon

Insurance Industry Faces Critical Talent Shortage

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The insurance industry is one built on history and resilience, but it's also one where the future is facing immense uncertainty. By the end of 2026, an estimated 400,000 insurance professionals will have retired in the U.S. since the beginning of 2021, according to the Bureau of Labor Statistics. At the same time, nearly one-third of the current global population is Gen Z. … [Read more...] about Insurance Industry Faces Critical Talent Shortage

TPA/Carrier Issues, Pitfalls, and Solutions

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Peter Steffen, Partner, Smith, Gambrell & Russell, LLP and Joseph Loggia, Team Leader, Buxbaum Loggia co-led a session on How to Improve & Monitor the TPA Relationship, delivering practical, experience-based guidance on managing one of the most critical, and risk-prone, partnerships in the insurance and reinsurance ecosystem. Drawing on extensive audit, claims, and … [Read more...] about TPA/Carrier Issues, Pitfalls, and Solutions

As legacy market gets closer to live, ILS exit opportunity expected to persist: IRLA Congress

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The legacy and run-off market is evolving to trade much more like the live market, according to speakers at the Insurance & Reinsurance Legacy Association (IRLA) annual Congress event held in Brighton today, while the opportunity to trade with and support ILS investor exit and liquidity needs is expected to continue, especially in casualty risks. At the IRLA congress … [Read more...] about As legacy market gets closer to live, ILS exit opportunity expected to persist: IRLA Congress

Enstar and Artex Announce Strategic Arrangement to Provide Exit Solutions for Artex’s ILS Vehicles

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Arrangement provides structured exit solutions to enhance liquidity, flexibility and execution certainty for investors in Artex controlled ILS transformation vehicles Combines Enstar’s legacy and risk management capabilities with Artex’s extensive expertise in advisory, set up and management of ILS transactions through its transformation vehicles HAMILTON, Bermuda, April … [Read more...] about Enstar and Artex Announce Strategic Arrangement to Provide Exit Solutions for Artex’s ILS Vehicles

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