AIRROC kicked off its 2025 Legacy Transactions & Networking Forum and 20th Anniversary celebration with keynote speaker Brian Snover, Senior Vice President and General Counsel of Berkshire Hathaway. Many may recall that Brian was the 2007 AIRROC Person of the Year and as he quipped during his opening remarks, this is his return to the scene of the crime. He explained his … [Read more...] about AIRROC Kicks Off 2025 Forum with Keynote Speaker Brian Snover of Berkshire Hathaway
Latest News
Marco Capital finalizes acquisition of R&Q Gamma
Marco Capital Holdings Limited, a European group specialising in the acquisition and management of property and casualty (P&C) insurance run-off portfolios and companies, has finalised the purchase of R&Q Gamma Company Limited. R&Q Gamma, a UK-based non-life insurer in run-off, was previously owned by Randall & Quilter II Holdings Ltd (in administration) and … [Read more...] about Marco Capital finalizes acquisition of R&Q Gamma
The Evolution of the Legacy Sector with Katie Reynold
Katie Reynolds is the Executive Director of AIRROC, the Association of Insurance and Reinsurance Run-Off Companies, the only U.S. nonprofit dedicated to promoting the interests of the legacy insurance and reinsurance community. She brings nearly a decade of experience in the legacy sector from claims leadership roles at RiverStone and The Hartford. An active AIRROC member since … [Read more...] about The Evolution of the Legacy Sector with Katie Reynold
AIRROC: Past, Present and Future
AIRROC marked its 20th anniversary with a panel discussion that highlighted the organization’s journey, its evolving role in the re/insurance sector, and its vision for the future. The panel featured Andrew Maneval, founding Chair of the Board of AIRROC; Jonathan Rosen, founding Board member and past Chair; and Marianne Petillo, founding Board member, past Chair, and current … [Read more...] about AIRROC: Past, Present and Future
The ECRA Pool Working Group Wins AIRROC’s 2025 Team of the Year Award!
“AIRROC, you’ve come a long way baby!” That was the title of the first message from the first Director of AIRROC, Trish Getty. And now, 20 years after that launch of “Vol. 1, No. 1” of what was then called “AIRROC Matters” we have come to a moment where we can bear witness to the brilliance and the depth of run-off industry cooperation that has grown during those twenty years. … [Read more...] about The ECRA Pool Working Group Wins AIRROC’s 2025 Team of the Year Award!
Leveraging AI for Legacy Books of Business
Karen Borg, Consulting Director, Reinsurance Contracts at CNA, Teresa Snider, a partner at Porter Wright Morris & Arthur LLP, and John Standish, Co-Founder and Chief Innovation and Compliance Officer at Charlee.ai provided a broad overview of the potential uses of AI in the insurance industry and the pitfalls to avoid when implementing AI solutions into workstreams. Mr. … [Read more...] about Leveraging AI for Legacy Books of Business
Market Insights and Perspectives
Presenters: Keith Palmer, Actuarial, PwC Robbie Kerr, Corporate Liability Restructuring, PwC Stephanie Robb, Actuarial, PwC Rebecca Wilkinson, Corporate Liability Restructuring, PwC Louis Isaacson, Corporate Liability Restructuring, PwC This session focused on the results of PwC’s 2025 Global Insurance Run-off Survey produced in association with AIRROC and … [Read more...] about Market Insights and Perspectives
Update from Monte Carlo!
On the road again, AIRROC was delighted to attend the 2025 Rendez-Vous de Septembre in Monte Carlo – the annual gathering of the global reinsurance market now in its 67th year. Amplifying the benefits of AIRROC and raising our profile is central to our core mission, and the annual Reinsurance Rendez-Vous provides a unique platform to spread our message, exchange ideas and … [Read more...] about Update from Monte Carlo!
AIRROC Awards 2025 Trish Getty Scholarship to Samit Alam
AIRROC and AIRROC’s NextGen Council honored the 2025 Trish Getty Scholarship recipient, Samit Alam, during the awards ceremony at the October Legacy Transactions & Networking Forum in Jersey City, NJ. Since 2012, the $5,000 Trish Getty Scholarship has been awarded to an exceptional undergraduate student studying insurance, risk management, or actuarial science. The … [Read more...] about AIRROC Awards 2025 Trish Getty Scholarship to Samit Alam
Understanding Self-Driving Car Liability
Liability for self-driving car accidents can fall on the human driver, the manufacturer or even a third party depending on the cause of the accident. We are just now at the starting block of litigation surrounding self-driving cars. Guyon Knight from Mound Cotton Wollan & Greengrass, LLP provided an insightful and thorough perspective from a litigator’s point of view of … [Read more...] about Understanding Self-Driving Car Liability
Global Insurance Run-off Survey 2025
In this edition of the Survey, we explore where we are in the legacy sector in relation to market developments, the challenges we’re seeing, as well as the opportunities. We have worked with our colleagues from across different disciplines and internationally to give a wider view on the market. We’ve taken a closer look at the role of private equity, capital appetite and the … [Read more...] about Global Insurance Run-off Survey 2025
AIRROC has Partnered with Slipcase
AIRROC is now available on Slipcase, the leading information distribution platform in the global risk and (re)insurance industry. AIRROC members can sign up for free to follow our page and create your personalized news feed. Slipcase is an online aggregator and curator of news and insights for insurance and reinsurance professionals, personalized to their interests and … [Read more...] about AIRROC has Partnered with Slipcase
Come Celebrate our 20th Anniversary at AIRROC’s Annual NJ Legacy Transactions and Networking Forum!
Come join us as AIRROC celebrates its 20th Anniversary at its Annual Legacy Transactions and Networking Forum from Sunday, October 19 through Tuesday October 21, 2025. If you are a legacy professional, this popular event is a “must attend” conference that draws nearly 300 delegates from around the world for three days of inspiration, learning, networking and deal making. This … [Read more...] about Come Celebrate our 20th Anniversary at AIRROC’s Annual NJ Legacy Transactions and Networking Forum!
The Legacy Sector: Unlocking Capital with Alternative Solutions
Our Executive Director Katie Reynolds will be joining Chris Hampshire of Gallagher Bassett and past Global CPCU Society President in speaking at the In2Risk Conference hosted by The Institutes CPCU Society on November 4, 2025 in New Orleans. Learn More... Register Here... … [Read more...] about The Legacy Sector: Unlocking Capital with Alternative Solutions
Northern Re unveils structured reinsurance solutions portfolio to enhance capital efficiency
Northern Re, the collateralized reinsurance company that provides investors with access to the returns of its long-tail casualty underwriting business, has launched a structured solutions product suite and enhanced whole account quota share capabilities. New York City and Cayman Islands based Northern Re launched in early 2023 looking to deploy third-party capital it raised … [Read more...] about Northern Re unveils structured reinsurance solutions portfolio to enhance capital efficiency
Reinsurance Market Report: Results for Half-Year 2025
Released twice a year, the Reinsurance Market Report gives in-depth analysis on the size and performance of the reinsurance industry, based on the 'Gallagher Reinsurance INDEX' group of companies. It provides an up-to-date picture on the global reinsurance industry's capital position and on reinsurers' profitability. Additionally, it provides Gallagher Re's expectations for … [Read more...] about Reinsurance Market Report: Results for Half-Year 2025
Enstar’s Cavello Bay sues Aspen for more than $400 million over alleged breach of reinsurance deal
Enstar subsidiary Cavello Bay Reinsurance Limited is seeking damages of more than $400 million against Aspen Insurance Holdings in a U.S. lawsuit over an alleged breach of a reinsurance agreement. Cavello Bay alleges in the lawsuit, which it filed in the Connecticut Superior Court in the judicial district of New Britain, that Aspen breached multiple provisions of an amended … [Read more...] about Enstar’s Cavello Bay sues Aspen for more than $400 million over alleged breach of reinsurance deal
AI third-party administrator Elysian closes US$6m seed round
AI-native third-party administrator (TPA) for commercial insurance, Elysian, has announced the closing of a US$6 million seed round led by Portage, with participation by both American Family Ventures and TenOneTen Ventures. Grace Hanson, a former lawyer and chief claims officer at Allied World, Homesite Insurance, Hiscox, and Hippo Insurance, founded the company in a bid to … [Read more...] about AI third-party administrator Elysian closes US$6m seed round
Best Practices for Responding to Umpire Questionnaires
I have been asked to write about responding to umpire questionnaires and tracking cases for conflict review, including issues regarding affiliated companies and transferred books of business. As is common practice, I have always kept an arbitration log, which grew in detail as disclosure requirements also grew. The log listings included the parties as I understood them, the … [Read more...] about Best Practices for Responding to Umpire Questionnaires
Umpires: The Good, the Bad, and the Ugly
"It isn't enough for an umpire merely to know what he's doing. He has to look as though he knows what he's doing too." - National League Umpire Larry Goetz There is no question that the umpire plays a critical role in an arbitration to ensure a fair result for the parties. As the central force in the center chair, s/he basically runs the show and sets the tone for the entire … [Read more...] about Umpires: The Good, the Bad, and the Ugly
