Fleming Re Holdings LLC (“Fleming Re”) recently completed the acquisition of AggCap Insurance, Ltd – AggCap II (“AggCap II”), a group captive in run-off providing workers compensation insurance for a large membership of California-based agribusinesses. The acquisition provides members of AggCap II with full legal finality, elimination of operating expenses, and a release of … [Read more...] about Run-off Specialist Fleming Re Acquires AggCap II
Transaction Notices
Darag Announces Reinsurance Agreement with Lloyds Syndicate
15 January 2020 – DARAG Group Limited (“DARAG”), a leading legacy acquirer, today announces the conclusion of a transaction with a leading Lloyd’s syndicate to provide reinsurance for a US liability book. The reinsurance will be provided via DARAG’s Maltese risk carrier, DARAG Malta Insurance and Reinsurance PCC Ltd. Read the full article here - … [Read more...] about Darag Announces Reinsurance Agreement with Lloyds Syndicate
Proposed Transfer from Ageas Insurance Limited to RiverStone Insurance (UK) Limited
Please see the link below to view notice of a proposed insurance business transfer from Ageas Insurance Limited (“Ageas”) to RiverStone Insurance (UK) Limited. The business to be transferred comprises certain insurance and reinsurance business written or assumed by Ageas or its predecessors, including business written by or on behalf of Bishopsgate Insurance Limited and … [Read more...] about Proposed Transfer from Ageas Insurance Limited to RiverStone Insurance (UK) Limited
Proposed Transfer from Aioi Nissay Dowa Insurance Company, Ltd. to RiverStone Insurance (UK) Limited
Please see the link below to view notice of a proposed insurance business transfer involving Aioi Nissay Dowa Insurance Company, Ltd. (“ADI”) (as regards certain reinsurance contracts which are administered in the UK by or on behalf of ADI, acting through its UK branch) and RiverStone Insurance (UK) Limited. Please click the link for further information on the … [Read more...] about Proposed Transfer from Aioi Nissay Dowa Insurance Company, Ltd. to RiverStone Insurance (UK) Limited
Notice of Proposed Transfer of Certain Legacy Insurance Business
Please see the link and letter below to view information about the proposed transfer of insurance business from Royal & Sun Alliance Insurance plc (RSAI) and The Marine Insurance Company Limited (MIC) to Mercantile Indemnity Company Limited (Mercantile) under Part VII of the Financial Services and Markets Act 2000 (the Transfer). Further information, is available … [Read more...] about Notice of Proposed Transfer of Certain Legacy Insurance Business
AXA Insurance UK plc – RiverStone Insurance (UK) Limited
Please see the link below to view notice of a proposed insurance business transfer involving RiverStone Insurance Limited (formerly known as Brit Insurance Limited) and RiverStone Insurance (UK) Limited. AXA Insurance UK plc – RiverStone Insurance (UK) Limited Please see the link below to view notice of a proposed insurance business transfer involving AXA … [Read more...] about AXA Insurance UK plc – RiverStone Insurance (UK) Limited
