insurance reinsurance News
$80 Billion: The Price Tag for UK, EU Companies With a No-Deal Brexit
Companies in Britain and the European Union face an extra 58 billion pounds ($80 billion) in annual costs if there is a no-deal Brexit, with Britain's vast financial sector set to be the worst-hit ...
Japan’s Sompo Holdings Will Sell Sompo Canopius to Centerbridge for $952M
Japan's Sompo Holdings Inc. announced it has agreed to sell Lloyd's re/insurer Sompo Canopius AG to a private equity consortium led by Centerbridge Partners for $952 million. On completion of the ...
Brexit Deal Must Benefit UK and EU, Trade Association Argues
A Brexit trade deal needs to benefit both the UK and the EU – while protecting clients' access to the London insurance market, according to the London Market Group (LMG), an association ...