Investors will have to accept that current P&C industry returns are the new normal, according to a panel discussion at the Standard and Poor's (S&P) 2015 Insurance Conference yesterday (10 June).
Other Japanese insurers are unlikely to make any major P&C insurance acquisitions in the near term after Tokio Marine's purchase of US specialty insurer HCC, according to analysts at JP Morgan
PartnerRe has used at best "lofty" and, at worst, "unreasonable" assumptions to persuade its investors to vote in favour of being acquired by Axis, according to BMO Capital Markets analyst Charles Sebaski.
Hostile PartnerRe bidder Exor has filed a lawsuit against its takeover target in the Supreme Court of Bermuda that accuses the reinsurer of failing to provide it with access to shareholder lists