PWC Run-Off Deal Update


PWC have published their 2023 Q1 update of non-life insurance run-off deals.

It provides an overview of transaction activity, including a list of publicly announced deals.

Highlights include:
11 deals announced in Q1 2023 with approximately $6.7bn of estimated gross liabilities being transacted.
Three of the deals announced comprise the transfer of more than $1bn of reserves each and approximately $4.7bn in aggregate.
Eight transactions in Q1 2023 included Lloyd’s syndicate business.

Full detail can be found here: Non-life insurance run-off deals review Q1 2023 – PwC UK