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Bankers to receive $49.5mn in PartnerRe/Axis fees
Global bankers Credit Suisse and Goldman Sachs are set to collect combined transaction fees of up to $49.5mn for financial advisory services if the proposed $11bn merger between PartnerRe and Axis successfully completes.
Himal Patel
,
18 March 2015
Move to wholesale underwriting set to continue
The trend towards portfolio underwriting is set to continue, a gathering of leading London market (re)insurance CEOs and board executives has heard.
Winifred Okocha
,
18 March 2015
UK pledges new ILS tax and regulatory framework for London
The UK government has pledged to work with the (re)insurance industry to attract insurance-linked securities (ILS) business into the country, the Chancellor of the Exchequer George Osborne announced today (18 March) as part of the 2015 Budget.
Jenny Messenger
,
18 March 2015
Watkins Syndicate joint active underwriter to depart
Oliver Crabtree, joint active underwriter at Munich Re Underwriting, will leave the managing agency at the end of 2015 for personal reasons, The Insurance Insider understands.
Charlie Thomas
,
18 March 2015
RSA LatAm sale a ‘game changer’: Berenberg
The sale of RSA's Latin American business could be a "game changer" for both the company and its shareholders, according to Berenberg analyst Sami Taipalus.
Himal Patel
,
18 March 2015
Ace appoints new Asia Pac regional agency head
Ace Group has hired Jeslyn Tan to fill the newly created role of regional head of agency for Asia Pacific, the carrier said today (18 March).
Jenny Messenger
,
18 March 2015
AmTrust enters agreement to acquire US motor mutual
The acquisitive US insurer AmTrust has entered into a definitive agreement to buy ARI Mutual Insurance Company for an undisclosed amount
Charlie Thomas
,
18 March 2015
Charman calls for Bermuda corporate tax: report
Endurance CEO John Charman has called for Bermuda to phase in a corporation tax in order to dispel criticism from foreign governments and regulators
Jenny Messenger
,
18 March 2015
Swiss Re proposes SwF1bn buyback
Swiss Re has proposed a SwF1bn ($0.99bn) share buyback at any time up to the 2016 annual general meeting (AGM), ahead of this year's AGM on 21 April
Charlie Thomas
,
18 March 2015
Charles Taylor sees profits rise and announces rights issue
Professional services firm Charles Taylor has reported a solid set of full year results, with profits, revenue and earnings per share (EPS) all up on 2013's figures.
Charlie Thomas
,
18 March 2015
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