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It might be a good time to be a seller, but finding the right buyer is a different challenge entirely
Negative headlines around underperformance, underwhelming 1.6 renewals and unsustainable cost bases seem to have worked to cool interest in acquiring Lloyd’s and London-focused businesses.
Catrin Shi
,
29 June 2018
Houston International retains Credit Suisse ahead of sale
Stephen Way's insurance group went under review at controlling investor Westaim in April.
Adam McNestrie
,
29 June 2018
Lloyd’s CEO Beale set to leave
The former Canopius CEO has held the position since January 2014.
Adam McNestrie
,
29 June 2018
Chubb takes lead on Structured Data Capture
The carrier is the first insurer to roll out the service under the Tom upgrade initiative.
Bernard Goyder
,
29 June 2018
Kemper clears final hurdles to closing Infinity deal
Kemper will get over half of its business from non-standard auto post-deal.
Ted Bunker
,
29 June 2018
Assurant reveals $1.3bn property catastrophe reinsurance cover
The programme cost about 4 percent less than 2017's tower, reflecting lower risk.
Laura Sanicola
,
29 June 2018
ReliaMax Surety put in liquidation by South Dakota judge
The carrier’s holding company has failed, regulator says in seeking liquidation.
Ted Bunker
,
29 June 2018
EverQuote IPO loses its 23% ‘pop’ at closing
InsurTech platform’s offering went off at a higher price than expected.
Ted Bunker
,
29 June 2018
Lockton posts 7.7% organic growth for fiscal 2018
The privately held broker’s key growth rate fell from 9 percent for 2017.
Ted Bunker
,
29 June 2018
Liberty-backed InsurTech REIN picks up $7.3mn in new financing
Liberty Mutual, which underwrites the company’s coverage, participated in funding.
Anthony Baldo
,
28 June 2018
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