{"id":1021,"date":"2025-11-04T08:30:04","date_gmt":"2025-11-04T09:30:04","guid":{"rendered":"http:\/\/www.ateliersfurrer.com\/?p=1021"},"modified":"2025-11-04T13:30:41","modified_gmt":"2025-11-04T13:30:41","slug":"ytd-legacy-deals-hit-26-with-1-36bn-of-gross-liabilities-transferred-pwc","status":"publish","type":"post","link":"http:\/\/www.ateliersfurrer.com\/index.php\/2025\/11\/04\/ytd-legacy-deals-hit-26-with-1-36bn-of-gross-liabilities-transferred-pwc\/","title":{"rendered":"YTD legacy deals hit 26 with $1.36bn of gross liabilities transferred: PwC"},"content":{"rendered":"

According to a new PwC report, three legacy transactions were publicly disclosed in Q3 2025, bringing the year-to-date total to 26 deals with a combined \u00a31.36 billion in gross liabilities transferred.<\/p>\n

\"pwc-logo-new\"\u201cConsistent with much of the activity observed so far this year, Q3\u2019s transactions were smaller in scale and primarily driven by sellers seeking finality on non-core parts of their business,\u201d PwC explained.<\/p>\n

In Q3 2025, Carrick Re Ltd entered into an LPT with the UK branches of National Casualty Company of America, National Casualty Company, and Nationwide General Insurance Company ahead of a proposed Part VII Transfer.<\/p>\n

Marco Capital also acquired Benteler Re, a captive reinsurer in Ireland, while Ashmir Insurance Company (formerly Polygon Collective Insurance Company) acquired Interserve Insurance Company, a run-off entity with Professional and Employers\u2019 Liability exposures.<\/p>\n

\u201cThe three deals disclosed in Q3 2025 mark a slowdown in deal activity compared to an active first half of the year, where we saw a total of 23 deals disclosed,\u201d PwC\u2019s report observed.<\/p>\n

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\"Brit<\/a><\/div>\n<\/div>\n

As previously reported, activity in the market had remained steady through Q2, with 10 publicly disclosed deals<\/a>.<\/p>\n

\u201cAlthough there was a modest decline in volume compared to the first quarter, the strategic use of run-off structures remains a consistent feature of insurance market dynamics globally,\u201d PwC said at the time.<\/p>\n

It\u2019s worth noting that year-to-date totals are slightly ahead compared to the same period last year, with 26 deals compared to 23 deals in Q1-Q3 2024.<\/p>\n

PwC\u2019s Non-life Insurance Run-off Deals \u2013 Q3 2025 Review also highlighted that AI offers legacy market participants a unique opportunity to unlock new value quickly and at scale, particularly in diligence and claims, long recognised as the engine room of performance and profitability.<\/p>\n

PwC said, \u201cEnsuring that an AI strategy is targeted and executed rigorously is critical. Outcomes depend less on the scale of investment than on how intelligently it is directed. The gap between compounding return on investment and sunk cost is widening as the industry enters a period of accelerated digital reinvention. Organisations that focus on clear use cases, measurable outcomes and disciplined implementation are more likely to achieve sustainable returns.<\/p>\n

\u201cA recurring pain point for run-off consolidators is early-stage triage. Significant time is spent extracting data, populating pricing models and drafting investment committee (IC) papers, time that would be better applied to judgment and strategy.\u201d<\/p>\n

With this in mind, PwC noted that it is developing an AI-enabled deal triage tool to streamline front-end workload.<\/p>\n

Using aforementioned agentic AI workflows, the tool will reportedly ingest and validate data from standard diligence documents, populate pricing models with extracted and transformed data, and generate an investment committee\u2013ready summary of key findings and model outputs.<\/p>\n

\u201cExpected benefits include shorter cycle times and greater consistency, with a human-in-the-loop to oversee outputs and provide challenge. We are also supporting parties in the legacy space with onboarding GenAI licences, accelerating use cases, development of custom workflows, and have built an Agentic AI solution to significantly accelerate claims investigation, case review and strategy. Please get in touch with one of the team to find out more,\u201d PwC explained.<\/p>\n

The post YTD legacy deals hit 26 with $1.36bn of gross liabilities transferred: PwC<\/a> appeared first on ReinsuranceNe.ws<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

According to a new PwC report, three legacy transactions were publicly disclosed in Q3 2025, bringing the year-to-date total to 26 deals with a combined \u00a31.36 billion in gross liabilities transferred. \u201cConsistent with much of the activity observed so far…<\/p>\n","protected":false},"author":1,"featured_media":1023,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[11],"tags":[],"_links":{"self":[{"href":"http:\/\/www.ateliersfurrer.com\/index.php\/wp-json\/wp\/v2\/posts\/1021"}],"collection":[{"href":"http:\/\/www.ateliersfurrer.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.ateliersfurrer.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.ateliersfurrer.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.ateliersfurrer.com\/index.php\/wp-json\/wp\/v2\/comments?post=1021"}],"version-history":[{"count":3,"href":"http:\/\/www.ateliersfurrer.com\/index.php\/wp-json\/wp\/v2\/posts\/1021\/revisions"}],"predecessor-version":[{"id":1025,"href":"http:\/\/www.ateliersfurrer.com\/index.php\/wp-json\/wp\/v2\/posts\/1021\/revisions\/1025"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.ateliersfurrer.com\/index.php\/wp-json\/wp\/v2\/media\/1023"}],"wp:attachment":[{"href":"http:\/\/www.ateliersfurrer.com\/index.php\/wp-json\/wp\/v2\/media?parent=1021"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.ateliersfurrer.com\/index.php\/wp-json\/wp\/v2\/categories?post=1021"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.ateliersfurrer.com\/index.php\/wp-json\/wp\/v2\/tags?post=1021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}