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GCP #58

10 - 10 - 2021

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In episode 58 of the Global Captive Podcast, supported by legacy specialists R&Q, Richard is joined by guest co-host Paul Corver, Group Head of Legacy M&A at R&Q.

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The episode also includes a fascinating extended captive owner interview with Tobias Winkler and Andreas Brügel, who work in senior positions for Lufthansa's 90-year-old captive Delvag.

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Corver discusses recent legacy transactions completed with General Electric's Dublin-domiciled captive, and the September loss portfolio transfer with Delvag, as well as wider trends in the captive legacy space.

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Andreas, Director for Reinsurance, and Tobias, Senior Director responsible for the underwriting department and the insurance lines of aviation, marine and reinsurance, give listeners a comprehensive history of Delvag, its status today, the third party lines it writes and recent restructuring projects.

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