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American Financial Group has reached a definitive agreement to sell GAI Holding Bermuda and its subsidiaries, comprising the legal entities that own its Lloyd's of London insurer Neon to RiverStone Holdings
RiverStone has acquired two Cayman-based captives, GMPCI Insurance Company and Seaside Indemnity Alliance Company
Canada's Fairfax Financial Holdings RiverStone runoff unit will buy Brit Insurance from Brit Group for $300 million, with Fairfax’s chief executive Prem Watsa declaring the company are keen to seize on runoff opportunities...
2023 is expected to be a bumper year for deals in the run-off/legacy market. Barney Dixon speaks to the experts to find out why
With insurers and reinsurers looking to take advantage of the hardening market and the ongoing effects of COVID-19 play out, the run-off market is set to see increased interest in the next 12 months
