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AIG to gain $4.2bn from Aercap stock sale

American International Group (AIG) has priced the sale of its stake in aircraft leasing firm AerCap Holdings at approximately $3.7bn cash plus $500mn in debt, the firm said today (4 June)

Jenny Messenger, 04 June 2015
NZ government consults on banning brokerage

The New Zealand government is appealing for feedback from the general public over whether insurance brokers and advisers should be banned from receiving commissions

Charlie Thomas, 04 June 2015
Ironshore appoints Owen as global property energy SVP

Fosun-owned insurer Ironshore has appointed Daniel Owen as senior vice president of its global property energy division, effective immediately.

Himal Patel, 04 June 2015
Alliant expands into crop with Mary Roach deal

US specialty insurance broker Alliant Insurance Services is set to enter the crop insurance market after striking a deal to acquire intermediary Mary Roach Insurance Agency (MRI).

Adam McNestrie, 04 June 2015
Hannover Re targets Indian office: reports

The world's third-largest reinsurer Hannover Re has unveiled plans to launch a new branch in India.

Charlie Thomas, 04 June 2015
KBW backs Axis bid for PartnerRe

Keefe, Bruyette & Woods analyst Meyer Shields has declared that PartnerRe shareholders should - and probably will - vote for a tie-up with fellow Bermudian Axis

Charlie Thomas, 04 June 2015
Exor sues PartnerRe over shareholder information

Hostile PartnerRe bidder Exor has filed a lawsuit against its takeover target in the Supreme Court of Bermuda that accuses the reinsurer of failing to provide it with access to shareholder lists

Himal Patel, 03 June 2015
Aspen appoints Rheel US insurance president

Bermudian carrier Aspen has appointed Bob Rheel as president of US insurance, the firm said today (3 June).

Jenny Messenger, 03 June 2015
Ascot hires US casualty fac team

Ascot Underwriting has hired Scott Beall from XL Catlin and Lex Smart from Facultative ReSources (FacRe) to head a new casualty facultative reinsurance division within its US fac operation, Ascot Fac.

03 June 2015
Brazilian reinsurer IRB in potential $1.3bn IPO: Bloomberg

The Brazilian government is mulling a part sale of its 27 percent shareholding in reinsurance heavyweight IRB-Brasil Resseguros via a 4 billion reais ($1.3bn) IPO, according to Bloomberg

Himal Patel, 03 June 2015

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