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Swiss Re kicks off ReAssure IPO
The closed life insurance unit will be floated on the LSE’s main market.
John Hewitt Jones
,
07 June 2019
CFC retains 70% Lloyd’s backing after Aon-led binder restructure
The MGA brought in company market paper to support a plan to expand premium by 25 percent to around $500mn over 12 months.
Catrin Shi
,
07 June 2019
Axa raises $834mn from US life business stake sale
The French insurer cuts its stake in Axa Equitable to around 40.1 percent.
John Hewitt Jones
,
07 June 2019
Allianz UK puts 128 roles at risk of redundancy in claims shake-up
The move follows the carrier’s buyout deals last week for the general insurance operations of Liverpool Victoria and Legal & General.
Anna Sagar
,
07 June 2019
The BMS sale is an accolade for Cook, and a skilled piece of deal-making from Douetil
If a trophy buyer existed – someone easy on the eye, with plenty of cash and infinite patience – a Canadian fund manager would surely fit the bill.
Laura Board
,
07 June 2019
Swiss Re progresses IPO of UK life business ReAssure
Along with co-investor MS&AD, the reinsurer will increase the unit’s capital by more than $610mn ahead of listing.
Anna Sagar
,
07 June 2019
Perils lifts Eberhard loss estimate to almost $900mn
The insured loss tally rises 7.8 percent from the data aggregator’s April figure.
Laura Board
,
07 June 2019
AIG picks Accenture veteran to run General Insurance tech and ops
Cusano joins the insurance giant as chief business and technology operations officer, General Insurance on 1 July.
Bernard Goyder
,
07 June 2019
Compatible cultures key in evaluating M&A prospects: Haley
Evaluating company culture is one of several ways to mitigate M&A risk, according to brokers.
Laura Sanicola
,
07 June 2019
QBE NA appoints new alternative markets president
QBE North America names Hill president of the unit which oversees its program business.
Christopher Munro
,
07 June 2019
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