Reinsurance
Merger Questions and Answers: Ironshore Ends Deal; Tower Deal Survives
Property/casualty insurance industry merger news continued late last week with Ironshore announcing that its deal to acquire an Australia specialist fell apart, while Tower got an assurance that its ...
El Niño Doesn’t Reduce Need for Hurricane Prep, Guy Carpenter Warns
Guy Carpenter & Co. LLC warned that the U.S. Atlantic and Caribbean coastal regions should prepare for at least two hurricanes to make landfall during the 2014 season, even with ...
Aspen Tells Shareholders to Snub Endurance’s New M&A Overtures
Endurance Specialty Holdings Ltd. may want to buy Bermuda reinsurance rival Aspen Insurance Holdings Ltd., but its acquisition target is doing everything it can to resist the hostile bid. In its ...
TransRe, Pillar Management Up Stakes in Pillar Capital to 50% Each
Pillar Capital Holdings Limited, a Bermuda-based insurance asset manager specializing in collateralized reinsurance and catastrophe insurance-linked securities, announced Tuesday that shareholders ...
Swiss Re: Emerging Markets Drove 2013 Non-Life Premium Growth
While global non-life insurance premiums increased in 2013, their growth rate dipped compared to the previous year. The slowdown could have become even worse, but robust coverage demands in most ...
Moody’s Affirms Validus Ratings Despite Western World Challenges
On Wednesday, Moody's Investors Service affirmed its ratings for Validus Holdings, Ltd., including the A3 insurance financial strength rating of the principal operating subsidiary Validus ...
70% of Citizens Personal Policyholders Could See Rates Fall
With an average dip of 3.2 percent for homeowners policies, nearly seven in 10 Citizens Property Insurance Corporation personal lines policyholders could see rate reductions in 2015, the insurer said ...
Deal Analysis: Why Validus Is Buying Western World
The combination of Validus Holdings and Western World Insurance Group fills in "missing pieces" for both organizations, Validus' chairman said Tuesday, detailing finer points of a $690 million deal ...