M&A
Stephen Catlin to Retire as XL Group’s Executive Deputy Chairman
XL Group, the corporate parent of XL Catlin, said that Stephen Catlin will be retiring as executive deputy chairman at the end of 2017. Catlin sold his eponymously named Bermuda specialty insurer and ...
2017 Insurance Industry Mergers Could Reach Record Levels: Conning
Signs point to 2017 being another year of "robust" mergers and acquisitions, thanks in part to a number of ongoing industry trends and a current government climate that show no sign of letting up, ...
China’s Fosun International Reportedly Wants Pre-IPO Investors for Reinsurance Arm
Fosun International Ltd., the Chinese insurance-to-tourism conglomerate, is seeking investors for a minority stake in its reinsurance business ahead of a possible initial public offering, according ...
Endurance, With SOMPO as New Owner, Gets A.M. Best Ratings Upgrade
Endurance Specialty Holdings Ltd. got a financial ratings upgrade from A.M. Best and is no longer under review, based on positives the ratings agency sees after it was acquired by Japan's SOMPO ...
Six Tips for Achieving Post-Merger Synergies
Many mergers fail to achieve their target synergies on time, resulting in diminished returns, disappointed shareholders and depressed value. But following six essential steps can help companies aim ...
Hannover Re Boosts Access to London Market With Argenta Holdings Acquisition
Hannover Re has agreed to acquire the UK holding company Argenta Holdings plc, a purchase that gives it a Lloyd's syndicate plus additional access to international and London Market business. Neither ...
China’s Anbang Insurance Eyes ‘Cheap’ Investment Assets in Europe
The chairman of China's privately-held Anbang Insurance Group said at the China Development Forum on Saturday he is bullish on investing in Europe despite great uncertainty over issues including ...
Large, Tech-Savvy Insurers Will Excel With Big Data; Smaller Carriers Face Struggles
The insurers that will best incorporate data analytics into their daily operations have multinational scale and are already technology savvy in their underwriting practices, Fitch ratings concluded ...