Emerging Markets
India’s Tata Group Sees Growth Opportunities in Insurance and Finance
The Tata Group sees potential for significant growth in financial services without relying on acquisitions, as India's largest conglomerate looks to sharpen its focus on about half a dozen ...
UPDATED: AIG Will Acquire Validus for $5.6B, Fulfilling CEO Duperreault’s Early M&A Pledge
Brian Duperreault was clear after becoming American International Group's new leader in May 2017 that he'd be looking for acquisitions. He's now made good on this promise, with news that the insurer ...
Parametric Insurance Can Help Close Global Insurance Protection Gap: Clyde & Co.
Parametric insurance can play a significant role in closing the insurance protection gap – a problem that plagues economies in both the developing and developed world, according to a report ...
Beijing Makes Strides Against Smog as New Delhi’s Air Worsens
Beijing may have turned a corner in its battle against the city's notorious smog, according to Reuters calculations, and environmental consultants say the Chinese government deserves much of the ...
Qatar Re Will Acquire Markerstudy Companies Based in Gibraltar
Qatar Reinsurance Co. Ltd. has signed an agreement to buy four Gibraltar-based insurers from Markerstudy Group. Financial details of the deal were not disclosed, but Qatar Re said that Markerstudy ...
China’s Fosun Group Turns to Local M&A; $3B in New Bonds Reportedly Planned
Fosun Group is planning to raise as much as 21 billion yuan ($3.2 billion) selling local bonds as the Chinese insurance-to-pharmaceutical conglomerate refinances debt and increases its investments ...
Watsa’s Fairfax Financial Closes $1.6B Sale of Singapore Insurer to Mitsui Sumitomo
Fairfax Financial Holdings said it has successfully sold off a Singapore insurer it owned to Japan's Mitsui Sumitomo Insurance Company for $1.6 billion. The deal between the Toronto, Canada-based P/C ...
The Latest Launches From Allied World and BHSI
Allied World Assurance Co. Holdings has begun marketing a professional liability policy focused on healthcare consultants and companies that provide consulting services to healthcare facilities. ...