New York-based private equity firm, Southport Lane has completed acquisition of Redwood Reinsurance SPC, a Cayman Islands-based reinsurer for an undisclosed amount. Southport Re CEO Glenn Weber said the acquisition represents the ...
Tags: Southport Lane, insurance, reinsurance platform, liability insurance
Reinsurance and insurance provider Validus Holdings has received all regulatory approvals needed to complete Flagstone Reinsurance acquisition. The approval follows a previously agreed deal between Validus and Flagstone, which was signed ...
Tags: reinsurance, insurance, Validus Holdings, acquisition
Validus Holdings and Flagstone Reinsurance have inked a deal, in accordance with which the former will acquire all of the issued and outstanding shares of Flagstone in a move to strengthen Validus’ leading property catastrophe ...
Tags: Validus, Flagstone Re, Flagstone Reinsurance
Southport Lane, a private equity firm, has selected Jim McNichols as chief actuarial officer of its reinsurance group, Southport Re. McNichol, in the new role, will support reinsurance, underwriting services and directing quantitative ...
Tags: Southport Lane, chief actuarial officer, reinsurance, insurance