M&A
Fosun Planning $1B Capital Raise to Fund Insurance Acquisitions
Fosun International Ltd., the Chinese conglomerate that's been buying insurers and property overseas, plans to raise $1 billion partly to fund acquisitions in the insurance industry. The company will ...
EXOR Could Offer Sweeter Deal for PartnerRe; Board Meeting Tuesday
Italy's EXOR SpA will consider raising its $6.4 billion offer for reinsurer PartnerRe Ltd at a board meeting on Tuesday, two sources told Reuters on Friday. The Italian holding company, controlled by ...
How to Keep Top Talent After an Acquisition
Merger and acquisition activity in the P/C industry is growing—driven by declining fundamentals and an excess of cash. And negative industry factors, including increased pricing softness, modest ...
Assurant Announces Possible Sale of Health Biz; Refocusing on Core P/C Specialty
Assurant announced a strategic decision to double-down on its property/casualty specialty insurance efforts, while considering possible sales of its employee benefits and health segments. "Following ...
P/C Insurer Mergers: Reaching the Tipping Point
The growing number of reinsurance mergers is understandable considering that the flood of alternative capital has upended the industry's economics. If companies don't lower their cost of capital and ...
Asia Growth Expected from Beazley Lloyd’s Syndicate Pact With Korean Re
Beazley and Korean Re announced a partnership to develop business together and to set up a special purpose syndicate at Lloyd's, Syndicate 6050. "We hope this collaboration will enable Beazley to ...
OneBeacon Said to Explore Sale, Drawing Interest From Fosun
OneBeacon Insurance Group Ltd., a specialty insurer controlled by White Mountains Insurance Group Ltd., is exploring a sale, according to people with knowledge of the matter. OneBeacon has drawn ...
AXIS A&H Acquires Ternian Insurance Group
AXIS Accident & Health has acquired Ternian Insurance Group, a provider of voluntary, limited benefit, affordable health plans and other employee benefits coverage for hourly and part-time ...