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Amlin and Mitsui to merge Lloyd’s and reinsurance arms
Amlin and Mitsui Sumitomo Insurance will merge their reinsurance and Lloyd's businesses as part of the Japanese giant's proposed takeover, Amlin CEO Charles Philipps has told The Insurance Insider
Charlie Thomas
,
08 September 2015
Mitsui-Amlin: a 50-year deal, and a 3-month deal
In agreeing to buy Amlin for £3.47bn ($5.4bn), Japanese big three member Mitsui Sumitomo has decided to pay an eye-wateringly high 2.4x net tangible assets
Adam McNestrie
,
08 September 2015
Tough mudder
Early in our evolution insurance capital used to be atomised into hundreds of tiny ponds and rivulets. It was constrained both by political geography and also by line of business
08 September 2015
Generali among composites looking at Lloyd’s entry
Generali is the most advanced of a number of European insurance majors exploring entry to Lloyd's, The Insurance Insider can reveal
Adam McNestrie
,
08 September 2015
Reinsurers set for further pain in January
Reinsurers are preparing for what they think should be one final round of rate concessions in the January renewals as they get ready for the industry's marquee conference in Monte Carlo
Adam McNestrie
,
08 September 2015
Amlin/MSI Lloyd's and reinsurance businesses to merge under deal
Amlin and Mitsui Sumitomo Insurance (MSI) will merge their reinsurance and Lloyd's businesses as part of the Japanese giant's proposed takeover, Amlin CEO Charles Philipps has told The Insurance Insider.
08 September 2015
Lloyd’s stocks rise in wake of Amlin deal
Share prices for the remaining four London-listed (re)insurers rose this morning (8 September) as the buzz surrounding the announcement of Mitsui Sumitomo's $5.34bn acquisition of Amlin resonated through the market
Himal Patel
,
08 September 2015
Aon appoints trade credit chief from Marsh
Aon has hired Marsh's Pieter van Ede as head of business development for its global trade credit division, it announced today (7 September).
08 September 2015
Brit launches US inland marine business with Catlin hire
Brit today (8 September) announced the hire of Kent Stepanishen to launch a new inland marine team for Brit Global Specialty USA
08 September 2015
Dale Underwriting hires delegated authority class underwriter
Asta-managed Lloyd's start-up Dale Underwriting Partners has appointed Arch's John Andrews as class underwriter for delegated authority business, it announced today (8 September).
08 September 2015
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