During the 2025 Summer Membership Meeting, the Certified Legacy Professional ("CLP”) designation was awarded to two legacy professionals who have completed the necessary coursework. The CLP designation recognizes individuals who have demonstrated specialized professional knowledge and experience in the legacy sector. Congratulations to Bryan Enos, Managing Director at A.G. … [Read more...] about AIRROC Presents CLP Designation to Two New Recipients
Regulatory
Fortitude Re Announces Closing of Long-Term Care and Individual Disability Insurance Reinsurance Agreement with Unum Group
HAMILTON, Bermuda–FGH Parent, L.P., (together with its subsidiaries, “Fortitude Re”), a leading global reinsurance company, today announced the closing of the reinsurance transaction between its subsidiary, Fortitude Reinsurance Company Ltd. (“FRL”) and Unum Life Insurance Company of America (“Unum”), a subsidiary of Unum Group (NYSE: UNM). Consistent with the … [Read more...] about Fortitude Re Announces Closing of Long-Term Care and Individual Disability Insurance Reinsurance Agreement with Unum Group
Sixth Street Completes Acquisition of Enstar
HAMILTON, Bermuda, July 2, 2025 – Enstar Group Limited (“Enstar”) (Nasdaq: ESGR) today announced the closing of its acquisition by investment vehicles managed by affiliates of Sixth Street, a leading global investment firm, for $338.00 in cash per ordinary share, representing a total equity value of $5.1 billion. Liberty Strategic Capital, J.C. Flowers & Co. LLC, and other … [Read more...] about Sixth Street Completes Acquisition of Enstar
Dovetailing prospective & retrospective solutions the best use of legacy: Jass, Augment Risk
In a recent interview with Reinsurance News, Jag Jass, Partner – Retrospective at reinsurance broker Augment Risk, explained that while there will always be a place for larger transactions targeting toxic liabilities and discontinued lines of business, legacy is best used when dovetailing an approach from a prospective and a retrospective standpoint. Jass joined Augment Risk … [Read more...] about Dovetailing prospective & retrospective solutions the best use of legacy: Jass, Augment Risk
Arbitration in the Courts
Supreme Court holds that FSIA § 1330 provides exclusive statutory test for personal jurisdiction over foreign states in arbitration award enforcement action: Courts need not conduct additional “minimum contacts” analysis when FSIA arbitration exception applies and service is proper. CC/Devas (Mauritius) Ltd. et al. v. Antrix Corp. Ltd. et al., 605 U.S. (2025). The … [Read more...] about Arbitration in the Courts
