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Third Point Re and Sirius Group to Combind

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Third Point Reinsurance Ltd., backed by U.S. hedge-fund manager Daniel Loeb, announces a merger with Sirius International Insurance Group Ltd. Notice SiriusPoint to be a Top-Tier Global Specialty (Re)Insurer Well-Positioned to Capitalize on Short and Long-Term Market Opportunities Transaction Expected to be Accretive in First Year After Close Experienced Insurance Executive … [Read more...] about Third Point Re and Sirius Group to Combind

Captives Can Benefit From Run-off In The COVID-19 World

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AIRROC's Executive Director, Carolyn Fahey and Steve McElhiney of Artex pen article for Captive International. Notice COVID-19 has destabilised the global economy and increased risk across all types of business. Run-off solutions can help captives better manage these risks, say Steve McElhiney of Artex and Carolyn Fahey of AIRROC. The concept of insurance “run-off” … [Read more...] about Captives Can Benefit From Run-off In The COVID-19 World

DARAG Announces Acquisition of Arisa Assurances SA

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DARAG, in a deal with ADAC Versicherung AG, acquires Arisa, an an automobile and travel insurance company based in Luxembourg. Notice 6 August 2020 – DARAG Group Limited (“DARAG”), a leading legacy acquirer, today announced the acquisition of Arisa Assurances SA (“Arisa”), an automobile and travel insurance company based in Luxembourg. The transaction will be conducted … [Read more...] about DARAG Announces Acquisition of Arisa Assurances SA

Randall & Quilter Announces Agreement to Merge Wholly Owned Subsidiary, Sandell Re Ltd. with Tradesman Program Managers, LLC.

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Randall & Quilter Investment Holdings Ltd. merges wholly-owned subsidiary, Sandell Re Ltd. with Tradesman Program Managers, LLC. in return for a 35% interest in the combined entity. NOTICE Randall & Quilter Investment Holdings Ltd. (“R&Q” or the “Group”) is pleased to announce today that it has reached an agreement to merge its wholly-owned subsidiary, Sandell Re … [Read more...] about Randall & Quilter Announces Agreement to Merge Wholly Owned Subsidiary, Sandell Re Ltd. with Tradesman Program Managers, LLC.

Survey of the Current Insurance Labor Market

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AIRROC corporate partner AON in partnership with the Jacobson Group is conducting their Semi-Annual Insurance Labor Market Study now through July 31, 2020. This survey has offered  valuable labor insights and has  become an accurate predictor of the industry’s staffing outlook. We invite you to take the survey which will take no longer than five minutes to complete. All … [Read more...] about Survey of the Current Insurance Labor Market

Monument Re Completes Acquisition of Cattolica Life DAC

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Monument Re announced today that it has completed the acquisition of Cattolica Life DAC from Catholic              Assicurazioni following receipt of regulatory approval from the Central Bank of Ireland and no-objection                      from the Bermuda Monetary Authority. https://www.monumentregroup.com/monument-re-completes-acquisition-of-cattolica-life-dac/# … [Read more...] about Monument Re Completes Acquisition of Cattolica Life DAC

Randall & Quilter’s Vermont subsidiary acquires NationsBuilders Insurance Company

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Randall & Quilter Investment Holdings Ltd. announces that its wholly owned Vermont subsidiary ICDC, Ltd. has entered into a stock purchase agreement to acquire NationsBuilders Insurance Company, a Washington D.C. domiciled captive from NationsBuilders Insurance Services. The transaction is subject to customary closing conditions and regulatory approval in Washington D.C. … [Read more...] about Randall & Quilter’s Vermont subsidiary acquires NationsBuilders Insurance Company

Skuld Announces Sale of its Lloyd’s Syndicate 1897 to Riverstone

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Skuld, a leading marine insurance provider, today announces that it has reached an agreement with The RiverStone Group for the sale of its Lloyd’s Syndicate 1897, which was placed into run-off in July 2019. The transaction is subject to regulatory approval.  https://www.trg.com/news/skuld-agrees-sale-of-lloyds-syndicate-1897-to-riverstone/ … [Read more...] about Skuld Announces Sale of its Lloyd’s Syndicate 1897 to Riverstone

Message from Carolyn Fahey, AIRROC’s Executive Director

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I hope that you are all keeping safe and well in these challenging and unprecedented times. As you may expect, lots of events and initiatives we had planned have been impacted given the circumstances.  You can keep up to date on the status of our programs on our website. A few items to note include the cancellation of the June 1 Chicago Regional and the July 14-15 … [Read more...] about Message from Carolyn Fahey, AIRROC’s Executive Director

In Memoriam of Terry Kelaher

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AIRROC honors the memory of our long-time friend Terry Kelaher who passed away recently after battling cancer and kidney disease.  Terry was a co-founder and vice chairman of AIRROC.  He joined Allstate Insurance Company in 1988 where he served as vice president and general manager of the company's Specialty Operations Division, responsible for the management of … [Read more...] about In Memoriam of Terry Kelaher

Meet our New Board Members

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AIRROC extends a warm welcome to new Board Members Simon Hawkins, Dawn Ballin and Brendan McQuiggan and congratulates Megan McHugh in her new role as Secretary of the Board.  AIRROC looks forward to the enthusiasm and fresh ideas they bring and working with them towards a successful journey together.  Let us introduce you to the newest members of our talented, creative and … [Read more...] about Meet our New Board Members

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