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There are 68,920 results that match your search.68,920 results
  • $1.36bn Brit buy-out stokes Lloyd’s consolidation theme
    As the quoted Lloyd's stocks struggle to trade above book value, the news that Brit Insurance is likely to recommend an all-cash buy-out offer from the private equity consortium of Apollo and CVC is again stoking predictions of consolidation and merger and acquisition (M&A) activity on Lime Street.
    20 September 2010
  • AIA’s Roder linked to $1bn Hong Kong start-up
    Steve Roder, the former CFO of American International Group's (AIG) giant AIA Asian life unit, is looking for $500mn-$1bn in backing for a new Asian-focused reinsurer, along with two other senior reinsurance executives.
    20 September 2010
  • Fairfax buys into Kuwaiti carrier for $200mn
    Fairfax Financial Holdings has agreed to pay $209mn for a 39.2 percent stake in Kuwait-headquartered carrier Gulf Insurance.
    20 September 2010
  • CVC partners with Apollo as £11 bid for Brit goes exclusive
    UK private equity group CVC Capital Partners has emerged as the mystery partner with Apollo to buy out Lloyd's (re)insurer Brit with a likely-to-be-recommended all cash offer worth up to 1100 pence a share.
    17 September 2010
  • New chairman for Lexicon
    Lexicon Partners, the kingmaker behind many London market and UK (re)insurance tie-ups, has replaced its retiring chairman with Sir Laurie Magnus.
    17 September 2010
  • Sciemus launches wind turbine tool
    London-based specialist agency Sciemus claims its new analytical tool for assessing wind turbine risks will enable underwriters to provide more tailored premiums.
    17 September 2010
  • US P&C H1 underwriting losses grow to $5.1bn
    Average net losses on underwriting in the private US property and casualty (P&C) sector grew to $5.1bn during the first half, compared to $2.1bn during H1 2009, as a decline in earned premiums took its toll
    17 September 2010
  • Qatari suitor emerges for Ri3K as Hewlett Packard talks halt
    A Qatar Financial Centre (QFC) Authority subsidiary emerged today (16 September) as the latest suitor in negotiations over the sale of London market electronic trading business Ri3K, as the due diligence period of potential buyer MphasiS came to an end.
    16 September 2010
  • Liberty launches $1bn+ New York listing
    Liberty Mutual is looking to raise more than $1bn in New York to repay debt, in the biggest insurance sector initial public offering (IPO) so far this year.
    16 September 2010
  • Two cat 4s churn in Atlantic
    Atlantic Storm Julia developed into a category four hurricane yesterday (15 September) with winds of up to 135mph - making it the strongest hurricane so far this year - while category four Hurricane Igor continues to lurch towards Bermuda.
    16 September 2010
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