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MS&AD and Sompo Japan run up $2bn combined Faxai loss
The carriers each put their losses around the $1bn mark.
Emmanuel Kenning
,
19 September 2019
RFIB gains Hong Kong licence
Asia Pacific reinsurance CEO Stephen Warwick will become Hong Kong chief executive and a team will be in place by October.
Anna Sagar
,
19 September 2019
Greenlight Re Innovations invests in start-up Coterie
The transaction is the tenth strategic investment that the Greenlight Re unit has made since it was founded in March 2018.
Anna Sagar
,
19 September 2019
Charles Taylor takeover price ‘fair’: Canaccord Genuity
The analyst expects the company's shareholders to accept the offer.
Samuel Casey
,
19 September 2019
Charles Taylor shares rise above PE buyout offer price
The stock closes up more than 3 percent above the value of the $326mn Lovell Minnick agreement.
Samuel Casey
,
19 September 2019
Humberto buffets Bermuda as it passes by
The island was spared the worst of the storm but has suffered power cuts, according to reports.
Emmanuel Kenning
,
19 September 2019
Axa buys Malaysian legacy portfolio from Munich Re
The deal is Axa Liabilities Managers’ 20th run-off purchase.
Samuel Casey
,
19 September 2019
Dig into the Lloyd’s disclosures and you’ll find some unsettling reading on casualty
The Lloyd’s financial results are always keenly anticipated and well scrutinised.
Catrin Shi
,
19 September 2019
Charles Taylor agrees to $326mn PE buyout
Lovell Minnick offers a 34 percent premium over yesterday's closing price in a deal which follows on the heels of the Standard Club and CTMA disposal agreement with Premia.
Samuel Casey
,
19 September 2019
Generali US launches specialty insurance division
The new division will partner with retailers to provide tailored warranty services for consumer products.
Christie Smythe
,
19 September 2019
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