Armour-owned Elite placed in administration The Gibraltar entity's losses are understood to stem primarily from its relationship with collapsed NZ carrier CBL.
Fortitude Re deal ‘incrementally positive’ for AIG: AM Best The ratings agency said the transaction reduced the carrier’s exposure to higher risk legacy products.
Vibe underwriters seek new backing after run-off decision Staff explore funding for an MBO or merger after management calls time on the syndicate.
RiverStone revealed as Channel RITC carrier The deal covers around £150mn of reserves from the 2017 and prior years of account.
Channel Syndicate completes £150mn RITC About $190mn of reserves are associated with the transaction.