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A.M. Best has changed its mind about Ironshore, removing the Bermuda-based specialty insurer from its status as "under review with negative implications." A year after initially taking action, the ...
United States authorities are conducting a review of China's Fosun Group's acquisition in November 2015 of Bermuda-based insurer Ironshore. The Committee on Foreign Investment in the United States ...
Ironshore Inc. disclosed that China-based parent Fosun International Ltd. – which completed its acquisition just four months ago – is mulling an initial public offering for the Bermuda-based ...
Fosun International Ltd.'s $460 million deal to buy Delek Group Ltd.'s insurance unit has been terminated, a setback for Israel's largest energy company as it seeks to focus on its core business. The ...
Fosun International said on Friday its Chairman Guo Guangchang, one of China's best-known entrepreneurs, is assisting authorities with an investigation, after an earlier report said the group lost ...
Ironshore Inc. is now 100 percent owned by the investment arm of Fosun Group, a Chinese mega-conglomerate whose backer has looked to Warren Buffett for inspiration. Ironshore's new owners, meanwhile, ...
Recent M&A-related investment from Asia offers yet another twist in the ongoing influx of new capital that has fostered uncertainty among insurers and reinsurers alike. Some insiders view the ...
Chinese insurers are pursuing strategic tie-ups and outright M&A to tap Western expertise, keen for knowledge on products, pricing and technology as a nascent market for health and property ...
Fosun International Ltd., the conglomerate founded by Chinese billionaire Guo Guangchang, is in advanced discussions to acquire RSA Insurance Group Plc's Middle East business, people familiar with ...
Reinsurance M&A activity should continue well into 2016 as competitive pressures continue unabated, Standard & Poor's asserted in a new industry report. The ratings entity said that the ...
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