RunOff Re.Solve has a proven track record of delivering innovative and customized solutions so maximum value can be realized from trapped capital in insurance operations.
RunOff Re.Solve specializes in providing solutions for all aspects of discontinued insurance and reinsurance business. Our fully customized services and solutions cover four main areas: finality, acquisition advisory, performance improvement, and arbitration and expert witness.
Opening up the Rhode Island Statute: Proposed amendment to offer insurance business transfer without requiring subsequent commutation
What if an insurer wanted to separate legacy from live business by transferring it into a new entity, but didn’t want to go all the way to commutation? A proposed amendment to the Rhode Island Statute could make this possible. In 2011, the Rhode Island Statute was...read more
If a proposed new law is enacted, Oklahoma would become the first US state to allow the blanket transfer or novation of insurance business from one company to another, without requiring specific policyholder consent1. What are the opportunities for insurers with...read more