Although the amount invested was up, the number of deals fell 7.7% quarter-on-quarter.

News from Alera Group, Semsee, At-Bay and more.

Demand is up more than 50% and rates for higher-risk businesses are up double-digits in the past 12 months.

The filing listed a series of issues, including saying that the insurer's "assets if made immediately available are insufficient to pay all of its liabilities."