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Company Example A

Overview
Content
Data

Company type

Insurance-Linked Securities (ILS) and Investment Managers

Miscellaneous

Founded
1896

Major offices

Zurich, CH (headquarters)
Nassau, BS

Officers

Smedley MacGuffin (CEO)

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  • Prudential's failed $35bn bid to buy American International Group (AIG)'s Asian business, AIA, was "a bridge too far" for the UK life insurer, according to Maurice "Hank" Greenberg.
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  • Niche UK private equity investor BP Marsh has gone into partnership with Randall Goss-led wholesaler US Risk Insurance through a significant investment in its Lloyd's broking house.
  • All Lloyd's managing agents have been written to inviting approaches for the reinsurance-to-close (RITC) of two of the largest ‘open-year' syndicates, the ill-fated Goshawk 102 and Alleghany 376, The Insurance Insider understands.
  • Brit Insurance's key shareholders, including Schroders, Third Avenue, Artisan Partners and Jupiter Asset Management, will be key to the success this week of Apollo Management's £800mn buy-out bid.
  • Brit Insurance's key shareholders, including Schroders, Third Avenue, Artisan Partners and Jupiter Asset Management, will be key to the success this week of Apollo Management's £800mn buy-out bid.