Latest legacy ILS deals reflect changing attitudes to run-off
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Latest legacy ILS deals reflect changing attitudes to run-off

Liz Bury
20 September 2021
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Sailboat in the Hamilton, Bermuda, harbor.

Randall & Quilter’s new Gibson Re £300mn legacy sidecar has become the latest launch in a slowly unfolding courtship between legacy reinsurers and ILS investors that has so far seen mixed results.

The Bermuda-domiciled vehicle, unveiled earlier this month, comes on the heels of Premia’s $265mn Bermuda legacy sidecar Elevation Re launched in December 2020.

The

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