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Greenlight Re was assaulted on all fronts on its earnings call – and a run-off sale now looks likelyGreenlight Re was assaulted on all fronts on its earnings call – and a run-off sale now looks likely.
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Aon could secure major value via synergies if it can avoid the pitfalls of regulatory approvals and integration.
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Doubling up also creates bandwidth issues for the Corporation's chief.
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The appointment of Scott Gunter as Axa XL CEO has surprised the market.
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As with K&R risks in the 1960s, it has taken time for this type of loss to become quantifiable.
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The broker will draw PE interest but has to prove it is more than a Rod Fox vehicle.
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New ownership could clear channel conflict, end internal competition and allow Willis to book a gain on disposal.
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The supervisor’s comments underscore the need for a “competitiveness” focus.
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Failure to deliver on the three priority areas would call the whole project into question.
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Reinsurers have been keen to paint a picture of gains on the horizon in their analyst calls after their January renewals reports.
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Covéa now looks favourite to seal a deal to acquire PartnerRe for more than $9bn, after the giant French mutual insurer was foiled in its attempts to acquire Scor in 2018/19.
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Any deal would likely see a valuation of more than $8bn placed on PartnerRe.