Strategy
Some Question Labeling 9 Global Insurers Systemically Important
Europe's insurers criticised the approach taken by international regulators which named firms considered systemically important as they try to reduce financial risks from the sector. Two global ...
Allstate Selling Lincoln Benefit Life to London Group for $600M
Clive Cowdery, who earned a fortune cutting deals that consolidated the U.K. life insurance industry, is making a foray into the U.S. by buying a business from Allstate Corp. for $600 million (394 ...
Senate Bill Would Again Separate Banking from Insurance, Other Financial Services
A small bipartisan group of U.S. senators on Thursday introduced legislation that would break up Wall Street's megabanks by separating traditional banking activity from riskier financial services. ...
Report: AIG in Talks to Buy Israel’s Clal Insurance
Clal Insurance Enterprise Holdings Ltd. gained the most this month after a report that American International Group Inc. is in talks to buy the Israeli insurer. Bonds of parent IDB Development Corp. ...Enstar, Stone Point to Acquire Torus Insurance Holdings for $692M
Bermuda-based Enstar Group Ltd., a firm that typically acquires and manages insurance and reinsurance companies in run-off and portfolios of insurance and reinsurance business in run-off, has agreed ...
Changing the Way Businesses Defend Against Cyber Attacks
Hackers have attacked news organizations, social media sites, major corporations and government agencies, accessing private documents and personal information. Still most organizations do not ...
The Hartford Selling U.K. Variable Annuity Biz To Berkshire
The Hartford announced today that the company has signed a definitive agreement to sell its subsidiary, Hartford Life International Limited (HLIL), in a cash transaction to Columbia Insurance ...
Purchase Price Disputes: Structuring Earnouts to Minimize Risks
Earnouts continue to play an important role in helping public and private buyers of private insurance entities and sellers reach agreement on the purchase price for merger or acquisition ...