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Axa explored XL Re spin-off ahead of $15bn deal
The news highlights the target's primary insurance business as the main attraction for the buyer.
Adam McNestrie
,
11 September 2018
AIG taps XL Catlin’s Duffy as Bermuda country manager
Catherine Duffy will join the US giant at an undetermined future date.
Laura Sanicola
,
11 September 2018
Donegal exits personal lines in 7 states
The mutual is focusing on commercial lines and states with high growth potential.
Anthony Baldo
,
11 September 2018
USI acquires New England regional broker
Gaurdreau Group president Jules Gaudreau, will join USI as president of the insurance broker’s Springfield, Massachusetts office.
Marissa Page
,
11 September 2018
Commercial line Q2 pricing jump is most in over 3 years: Willis
The almost 3% rise was tempered by earned loss ratios eroding by 7% in 2017-18.
Anthony Baldo
,
11 September 2018
Axa wins final regulatory approval for $15.3bn XL deal
Axa plans to close its $57.60 per share acquisition of XL Group on Wednesday.
Ted Bunker
,
11 September 2018
OIL’s FSR upgraded to A on strong earnings and capital: S&P
The energy insurer’s balance sheet strength figured in S&P’s rating upgrade.
Anthony Baldo
,
11 September 2018
Hamilton plans to set up a US reinsurance business
Hamilton plans a reinsurer to serve a $40bn ceded premiums market in the US.
Bernard Goyder
,
11 September 2018
Insurers brace for major losses as Hurricane Florence nears US SE
The Category 4 storm could leave up to $12bn in insured losses, analysts said.
Ted Bunker
,
10 September 2018
Liberty Mutual centralises M&A coverage into new group
Liberty’s Global Transaction group will function as a stand-alone business unit.
Marissa Page
,
10 September 2018
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