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EU legislation will 'drive cyber demand'
New cyber breach rules being considered by European regulators will ramp up demand for cyber insurance in the EU, according to HSB Engineering Insurance
Charlie Thomas
,
01 July 2015
Catalina completes EUR461mn Quinn deal
Run-off acquirer Catalina has completed a EUR461mn deal to purchase defunct Irish carrier Quinn, which went under in 2010 after reporting 2009 full-year losses totalling almost EUR1bn.
Dan Ascher
,
01 July 2015
Market reacts favourably to Ace-Chubb tie-up
Shareholders have welcomed the news of Ace's planned $28.3bn acquisition of US commercial giant Chubb.
Charlie Thomas
,
01 July 2015
Softening slowed by $4bn Florida limit rise: Willis
Peak property catastrophe reinsurance rate reductions started stabilising during the 1 June and 1 July renewals, according to the Willis Re 1st View July report released today.
01 July 2015
Ace to buy Chubb in $28.3bn deal
US insurance giant Ace has agreed to acquire rival Chubb in a landmark cash-and-stock $28.3bn deal, the companies announced today (1 July)
Himal Patel
,
01 July 2015
London must deliver ILS solution by next Budget
London faces the challenge to deliver ILS business to the UK by Budget 2016, according to the UK's Crown Representative for insurance Michael Wade.
Winifred Okocha
,
01 July 2015
Hyperion hires Towergate’s CFO
Hyperion has hired Towergate's Oliver Corbett as its group CFO, the (re)insurance intermediary announced yesterday (30 June)
Himal Patel
,
01 July 2015
Guy Carp names Gardner as CEO for US operations
Tim Gardner has been appointed CEO of US operations at Guy Carpenter, the reinsurance broker announced today (1 July)
Himal Patel
,
01 July 2015
Endurance-Montpelier deal clears shareholder vote hurdles
Endurance announced yesterday (30 June) that both its and Montpelier Re's shareholders had voted overwhelmingly in favour of Endurance's proposed acquisition of its fellow Bermudian
Charlie Thomas
,
01 July 2015
Towers Watson shares fall 9% after merger announcement
The share price of consultancy Towers Watson fell 8.8 percent by the close of trading yesterday (30 June) following its merger deal announcement with Willis
Charlie Thomas
,
01 July 2015
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