M&A
Allianz, Munich Re’s Ergo Unit Rumored in Talks for Greek Insurer
Allianz SE, Europe's largest insurer, and Munich Re's primary insurance unit Ergo Versicherungsgruppe AG are in talks to buy Agrotiki Insurance from Greece's Piraeus Bank SA, said three people ...
Endurance Reacts to Latest Rejection from Aspen
Characterizing details of an announcement by the board of Aspen Insurance Holdings rejecting another cash-stock offer from Endurance as "combative," Endurance offered its own view of what it termed ...
Swiss Re’s Admin Re Buying Policies, Assets from HSBC Life
Swiss Re announced on Wednesday that its Admin Re unit has agreed to acquire individual and group pension and related annuity policies from HSBC Life (UK) Limited. Under the terms of the agreement, ...
Validus Holdings $600M Deal for Western World Rumored
Validus Holdings Ltd., the Bermuda-based reinsurer, is near an agreement to acquire specialty insurer Western World Insurance Group, people familiar with the matter said. Validus could announce a ...
Let’s Dance, Say Reinsurance Leaders With Mergers on Their Minds
Even though his appetite is temporarily sated from two key acquisitions in recent years, the leader of SCOR says the M&A "dancing floor will be open" across the reinsurance industry going ...
Endurance Unveils Exchange Offer for Aspen’s Outstanding Shares
Endurance Specialty Holdings Ltd. - bound and determined to acquire Aspen Insurance Holdings Ltd. – launched an exchange offer for all outstanding shares of its Bermuda reinsurance rival, dogged ...
Reinsurers Are Ripe For M&A: Nomura
The reinsurance market is ripe for consolidation because the sector continues to soften, with alternative capacity in at least one area set to double over the next few years, a Nomura Equity Research ...
Endurance CEO Charman Miffed at Aspen’s M&A Rebuffs
During an Endurance Specialty Holdings Ltd. investor call on June 2, one thing became perfectly clear. John Charman, the company's chairman and CEO, is miffed at the board and executive leadership of ...