Compre Group Holdings Limited (“Compre”), the Bermuda-domiciled international specialty reinsurance group, today announced a strategic transaction to assume a material portfolio of asbestos insurance liabilities from Amerisure. The transaction, involving the transfer of a material block of legacy reserves, further reinforces Compre’s position as a trusted partner in the … [Read more...] about Compre announces significant asbestos liability portfolio transaction with Amerisure
Latest News
Cheers to New Recipient of CLP Designation!
During the 2026 Spring Membership Meeting, the Certified Legacy Professional ("CLP”) designation was awarded to one of our own! Congratulations to Board Director and Co-Chair of the Digital Content Committee, Brendan McQuiggan! The CLP designation highlights not only a dedication to professional growth but also a meaningful contribution to the legacy community. Thank you … [Read more...] about Cheers to New Recipient of CLP Designation!
Lithium-Ion Battery Claims: Science, Litigation, and Coverage
Samuel G. Sudler, III, Principal Electrical Engineer with S-E-A, Michael J. Steinlage and Nick Rauch, both Partners with Larson King, LLP gave an insightful presentation at the March 2026 Spring Membership Meeting on lithium-ion battery claims. In recent years, the transportation and product markets have been flooded with claims involving the combustion of lithium-ion battery … [Read more...] about Lithium-Ion Battery Claims: Science, Litigation, and Coverage
Legal Update: Notable Insurance Coverage Cases from 2025
J.D. Anders, Counsel, Chaffetz Lindsey, Joshua Polster, Partner, Simpson Thacher & Bartlett LLP, and Elizabeth Zakheim, Associate, Mound Cotton Wollan Greengrass LLP provided the AIRROC community with an overview of recent case law related to reinsurance issues. The decisions discussed touched on many questions of interest to the legacy industry, including: the … [Read more...] about Legal Update: Notable Insurance Coverage Cases from 2025
NextGen Council Corner
The NextGen Council Launches Season 5 of ‘The Legacy Life’ The NextGen Council is proud to announce the re-launching of its podcast, “The Legacy Life.” First launched in 2021, the podcast hosts legacy professionals at all stages of their careers and from all over the world to tell us their stories, provide career advice, and answer the question of “what does a career in runoff … [Read more...] about NextGen Council Corner
The Next Wave of Liability: Risks to Watch
Mina Matin, co-head of Insurance Litigation for Norton Rose Fulbright, joined by Lisa Schapira, senior counsel, presented “Emerging Claims Trends in Insurance," a review of key trends and legal developments in insurance claims related to ultra-processed foods, hair relaxers, and microplastics. This presentation and its wealth of detail will be available on the AIRROC website … [Read more...] about The Next Wave of Liability: Risks to Watch
AI in Legacy: From Deal Formation to Claims Execution
AI is reshaping the legacy market end-to-end, from deal formation through claims execution, by enhancing transparency, reducing uncertainty, and enabling a broader range of transactions. Grace Hanson, CEO of Elysian and Anirudha Balasubramanian, CEO of Tailshift presented on this topical subject at the 2026 Spring Membership Meeting. This session offers a clear, practical … [Read more...] about AI in Legacy: From Deal Formation to Claims Execution
Developments in Bad Faith and Extracontractual Liability
Jonathan Henry and Alphonso Muglia of Dentons provided a comprehensive briefing on the risks of bad faith and extracontractual (EC) liability, specifically within the context of the insurance and reinsurance sectors during the March, 2026 Spring Membership Meeting. A video replay of this presentation is available in the AIRROC On Demand Library. Important Developments and Key … [Read more...] about Developments in Bad Faith and Extracontractual Liability
Generali agrees to sell Irish and Northern Irish P&C operations to Zurich
Generali has reached an agreement for the sale of its Irish and Northern Irish P&C operations, carried out through the Irish and UK (Northern Ireland) branches of Generali Spain under the RedClick brand, to Zurich Insurance Europe AG and Zurich Insurance Company Ltd, UK Branch, both part of the Zurich Insurance Group, for €337 million in cash. Generali noted that the … [Read more...] about Generali agrees to sell Irish and Northern Irish P&C operations to Zurich
SOA report links Cayman reinsurance to balance sheet strategies of US carriers
US life and annuity insurers are turning to international reinsurance to manage capital and risk, with a Society of Actuaries report identifying the Cayman Islands as part of strategies for balance sheet management and access to global funding. The report, International Reinsurance Landscape Overview for U.S. Life & Annuities, also links this trend to product … [Read more...] about SOA report links Cayman reinsurance to balance sheet strategies of US carriers
Secondary reinsurance market could drive greater capital efficiency, says Howden Re
Reinsurance broker Howden Re has released a new report in which the firm sets out a framework for introducing a secondary reinsurance market, noting that it would allow carriers to more efficiently allocate risk, which would ultimately improve and drive greater overall capital efficiency. The firm’s report explained that reinsurance functions as a type of contingent capital, … [Read more...] about Secondary reinsurance market could drive greater capital efficiency, says Howden Re
Data quality in the insurance sector: How machine learning and AI can drive improvement
In the insurance sector, data is the backbone of every decision, from pricing and underwriting to claims management and risk assessment. Financial departments rely on accurate, complete, and timely data to make sound financial decisions and comply with regulations. This paper highlights what data quality is, why it matters, how it can impact your business, and the best … [Read more...] about Data quality in the insurance sector: How machine learning and AI can drive improvement
NextGen Council Corner
The NextGen Council began 2026 with big plans and lots of activity. The Council is pleased to announce Joel Ridd (Riverstone) will be serving as our Chair, and Ben Dovey (Xitus) will be serving as Vice Chair. Furthermore, we welcomed five new members: Ardit Kerimi (Juniper Re), Alex Donoso (Gallagher Re), Charles Watson (Mayer Brown), Elizabeth Zakhein (Mound Cotton), and Jake … [Read more...] about NextGen Council Corner
A Tribute to AIRROC’s Founding Executive Director, Trish Getty
1948 – 2026 The AIRROC Board and members pay tribute to Trish Getty, AIRROC’s Founding Executive Director, who passed away on February 26, 2026. A true visionary, Trish Getty saw potential where others saw obstacles. She believed that communication, cooperation, and collaboration was a bridge to a better and more efficient run-off business sector, and she spent the latter … [Read more...] about A Tribute to AIRROC’s Founding Executive Director, Trish Getty
DARAG finalizes €120 million Danish workers’ comp portfolio transfer
DARAG Group has finalized a portfolio transfer agreement involving Danish workers' compensation business from Protector, while also completing a separate loss portfolio transfer with another European carrier. The German insurance carrier DARAG Deutschland AG acquired Protector's Danish workers' compensation portfolio, which was written between 2012 and 2025. The … [Read more...] about DARAG finalizes €120 million Danish workers’ comp portfolio transfer
Legacy and run-off reinsurance transaction details
This table lists publicly announced legacy insurance and reinsurance transactions in chronological order, with the most recent deal at the top. It provides the month the transaction was announced, where we have it, and where we do not, it shows the quarter. This list summarises key details including legacy acquirer, cedent, deal structure, class of business, and year(s) of … [Read more...] about Legacy and run-off reinsurance transaction details
AI raises the bar for reinsurance underwriting – without replacing judgment
As reinsurance portfolios become more complex and accumulation risk harder to detect, artificial intelligence is beginning to shift from conceptual promise to operational tool. For reinsurers, the challenge is not whether to adopt AI, but how to apply it in a way that strengthens underwriting discipline and portfolio control. At Swiss Re, AI is increasingly being … [Read more...] about AI raises the bar for reinsurance underwriting – without replacing judgment
Swiss Re Corporate Solutions to acquire QBE’s Global Trade Credit and Surety business
Zurich/Sydney, 20 February 2026 – Swiss Re Corporate Solutions, the commercial insurance arm of the Swiss Re Group, has agreed to acquire the Global Trade Credit and Surety business of QBE Insurance Group (QBE), subject to regulatory approvals. Upon successful completion, the acquisition will strengthen Swiss Re Corporate Solutions' primary credit and surety insurance … [Read more...] about Swiss Re Corporate Solutions to acquire QBE’s Global Trade Credit and Surety business
AIG’s Zaffino: Outcomes From AI Use Went From ‘Aspirational’ to ‘Beyond Expectations’
American International Group (AIG) said it made substantial progress in artificial intelligence within the last year, and the technology’s outcomes and capabilities are more than previously predicted. The insurer during an Investor Day less than a year ago presented the potential benefits from its use of generative AI. CEO Peter Zaffino said the thoughts at the time were … [Read more...] about AIG’s Zaffino: Outcomes From AI Use Went From ‘Aspirational’ to ‘Beyond Expectations’
Viewpoint: Runoff Specialists Have Evolved Into Key Strategic Partners for Insurers
The insurance industry has a long history of managing complex long-tail liabilities. In some cases, these liabilities grow so burdensome that they require specialized runoff solutions and as market conditions have evolved, so too have the shape of these runoff transactions and the runoff industry itself. These legacy specialists, like all companies in the runoff sector, are … [Read more...] about Viewpoint: Runoff Specialists Have Evolved Into Key Strategic Partners for Insurers
