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.
Courts aren’t a rubber-stamp: UK ruling offers sharp reminder of the challenges of securing judicial approval for insurance business transfers
The UK High Court’s rejection of Prudential Assurance’s proposed Part VII transfer of annuity policies to Rothesay1, which came despite prior approval from both the Regulators and the Independent Expert, should raise questions about the nascent insurance business...read more
On August 2, 2019, Andrew Rothseid, Principal, RunOff Re.Solve LLC, delivered a talk to the Financial Examiners Education Foundation entitled “Restructuring alternatives: Will new legislation help to bridge the legacy gap?”
A copy of the text of the talk is available here and a copy of the slides supporting the talk are...read more
This is a corrected update to a post sent on May 28, 2019. In that earlier post, we relied on language, found in each of the insurance division statutes, to question the finality of these division mechanisms. The quoted language is: “If a division breaches an...read more