Strategy
Tit For Tat: EXOR Once Again Boosts Its Bid For PartnerRe
Days after PartnerRe and AXIS Capital Holdings released sweetened terms of their merger deal, upstart bidder EXOR SpA has done the same. The Italian investment firm enhanced its own $6.8 billion ...
Tokio Marine Looking at China Expansion
Tokio Marine Holdings Inc., fresh from its biggest acquisition in the U.S., is now looking for opportunities in China. The insurer plans to utilize its ties with Citic Group Corp., China's biggest ...
Japanese Insurers Eye More U.S. Acquisitions
Japanese insurers including MS&AD Insurance Group Holdings Inc. and Sompo Japan Nipponkoa Insurance Inc. are seeking mergers with peers in the United States, as a declining population at home ...
The Top P/C M&A Deals in 2015 (So Far)
ACE Ltd. shocked the industry with news earlier in July that it would pay $28 billion in cash and stock for Chubb Corp., an industry rival. But it's only the latest in a series of M&A moves in ...
PartnerRe, AXIS Improve Merger Terms in Advance of Shareholder Vote
PartnerRe and AXIS Capital Holdings Ltd. have released sweetened terms of their merger deal intended to entice shareholders in advance of their Aug. 7 vote on the matter. The package includes an ...
Allianz Exec Views Hedge Funds as Insurance Industry Asset
Chris Fischer Hirs, the head of Allianz SE's specialty insurance business, said he welcomes the growing participation of Wall Street in the insurance industry as an opportunity, not a threat. "Hedge ...
How Insurers Can Wield Social Media to Attract Millennial Customers
Bloomberg has reported that the rate of home ownership in the United States is at its lowest level in 20 years and the number of first-time buyers entering the market is at an almost 30-year low. The ...
QBE NA Selling Lender-Placed Biz to National General Holdings
On Wednesday, National General Holdings Corp. added another potential deal to a list of a growing list of acquisitions, announced that it has reached an agreement to buy the lender-placed Insurance ...