M&A
Japan’s Mitsui Sumitomo Insurance to Snatch Up Amlin for $5.3B
MS&AD Insurance Group Holdings Inc. agreed to buy Lloyd's of London insurer Amlin plc for about 3.47 billion pounds ($5.3 billion), joining an overseas deal spree by Japanese peers. Amlin shares ...
Reinsurance M&A Intensifies in Competitive Market Environment
The reinsurance industry is in a state of transition as unutilized capital and the threat of alternative reinsurance providers, combined with slowing premium growth and sagging investment yields, ...
Division Between Rich & Poor Nations Highlighted as Climate Talks Resume
Just days before global negotiators were set to meet for talks on climate change, Tropical Storm Erika killed at least 20 people on Dominica. The small Caribbean island evoked the tragedy to ...
Catlin Says M&A Integration Is the Key to Success—and the Most Difficult Part
Stephen Catlin, executive deputy chairman of XL Catlin, knows a thing or two about mergers and acquisitions in the insurance industry—what to do and what to avoid. He should know; he's been ...
S&P Revises Zurich Outlook on RSA Bid News
Zurich Insurance Group's conditional bid to buy RSA Insurance Group plc for nearly $9 billion drew an outlook change from Standard & Poor's on Friday, from positive to stable, as the rating ...
Willis’ Australian Arm Acquires CKA Risk Solutions
Willis Australia, part of global broker Willis Group Holdings, has expanded its presence in Western Australia with the acquisition of CKA Risk Solutions. Terms of the transaction were not disclosed. ...
Industry Consolidation: Too Fast for Some
There are many reasonable and compelling factors driving the ongoing consolidation of the property/casualty insurance industry, from a sheer overabundance of capital to an overwhelming need to reduce ...
Straight Talk from Industry CEOs at ACE and Travelers
Great leaders promote trust and open communication, experts increasingly argue. Property/casualty insurance executives understand this, especially in times of great change—a fact that was in ...