Focused on acquiring legacy or non-core liabilities.

• Targeting companies or portfolios in North America, U.K., Europe, and Bermuda that have $25M to $800M in reserves

• Acquiring long-tail liabilities, including Asbestos and Environmental, Worker's Compensation, Construction Defect and Professional Liability

Full Divestment - Entity Sale

• Carrick will acquire re/insurer or captives that are no longer core to the group's goals.

• Full sale through a share purchase agreement providing legal, operational and economic finality.

• Carrick management has significant experience obtaining the approval of local regulators.

Loss Portfolio Transfer (LPT)

• Carrick will assume liabilities under a secured reinsurance transaction.

• An LPT allows financial finality for the reinsured and immediate capital relief.

• An accompanying Run-Off Management Agreement provides operational finality.

• An LPT can be used where full legal finality is difficult to achieve or legislation does not exist.

Insurance Business Transfer (IBT)

• An IBT, or Portfolio Acquisition, affects the legal transfer of insurance policies, insurance liabilities and related financial assets to Carrick.

• It provides full legal, economic and operational finality for all insurance liabilities.

• The local jurisdiction determines the mechanism of transfer, but often takes longer than an LPT