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Insider View: Aon’s $4.5bn divestiture
Putting a value on an enterprise can be a subjective business, and it's the specialty of investment banks like Morgan Stanley and private equity firms like Clayton Dubilier & Rice.
Ted Bunker
,
24 January 2017
Aon $4.5bn benefits unit sale would aid growth focus
Aon's expected sale of its benefits outsourcing business for about $4.5bn will enable the big three broker to focus more on faster-growing, higher-margin businesses, analysts said.
Ted Bunker
,
24 January 2017
Ethniki bidders include Fosun and Allianz
The Greek government has taken four bidders for state-owned insurer Ethniki through to the second round of the sale process, The Insurance Insider can reveal.
Adam McNestrie
,
24 January 2017
May’s Brexit blueprint leaves insurers in the dark
Prime Minister Theresa May's Brexit manifesto has killed any lingering hopes of a soft goodbye to the EU in which the UK would remain in the single market.
Laura Board
,
24 January 2017
Insider View: AIG-Berkshire legacy deal
It's unlikely that prior-year reserve development or adverse development covers (ADCs) figured high on the agenda of many when assessing the likely implications of Trump's presidency.
David Bull
,
24 January 2017
Berkshire steps up for biggest ever deal
Much of the focus around the legacy reinsurance transaction between AIG and National Indemnity Company (Nico) will naturally be directed towards the cedant.
David Bull
,
24 January 2017
Monopoly money
What's your first-choice Monopoly piece?
Mark Geoghegan
,
24 January 2017
Market reserves judgement on AIG-Berkshire deal
AIG's giant $20bn adverse development cover (ADC) with Berkshire Hathaway has so far met with a low-key response from investors keen for more detail on the forthcoming fourth quarter reserve charge and the deal's capital implications.
David Bull
,
24 January 2017
Neon M&A consortium ups capacity to £75mn
London market carrier Neon has increased the available capacity of its M&A consortium from £50mn to £75mn ($62mn to $94mn), it announced this morning
Matthew Neill
,
24 January 2017
XL Catlin hires Tuplin as cyber head
James Tuplin, formerly cyber portfolio manager at QBE Europe, is to join XL Catlin to lead its cyber team, The Insurance Insider understands.
Catrin Shi
,
24 January 2017
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