All News articles – Page 191
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Online onlyScor rebuffs €8.2bn Covéa takeover bid
Scor said its board, led by CEO Denis Kessler (pictured) had “unanimously” rejected the bid
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Online onlyMoody’s stands by “strong and stable” outlook
Only a huge unmodelled catastrophe or a series of such model misses can halt alternative capital, Moody’s warned
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News AgendaMaiden sell off: TransRe takes US treaty team; Enstar buys legacy book
Bermuda reinsurer Maiden sells its US treaty team and renewals rights, has its ratings under review, and is reportedly mulling a billion-dollar legacy deal
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News AgendaO’Kane to stay at Aspen after $2.6bn Apollo takeover
Storm-hit Aspen has been acquired by private equity fund Apollo at 1.1x book value
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News AgendaHartford to buy Navigators for $2.1bn
The Hartford’s cash deal to buy rival Navigators is expected to close in the first half of 2019
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Online onlyHenchoz to replace Hannover Re’s Wallin
Jean-Jacques Henchoz quits Swiss Re to lead rival reinsurer Hannover Re, taking over from retiring chief executive Ulrich Wallin
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Online onlyJapan floods deadliest cat since Tohoku - AIR
Flooding in western Japan could cost $4bn of insured losses, according to catastrophe modeller AIR Worldwide
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News AgendaRise in cyber-attacks on cloud email services
The transition towards cloud services could leave companies more open to cyber-attack, compounding aggregation risks for reinsurers
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News AgendaCat losses down 50% in 2018 – Swiss Re
Global insured losses from disasters were $20bn at the half year stage of 2018, according to Swiss Re, two-thirds of the total at the same point last year
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AIR AIG finalises $5.5bn Validus acquisition
The $5.56bn transaction was first announced in January
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AIRAdvent and Brit to merge Lloyd's business
Advent and Brit will merge parts of their businesses in response to the challenging marketplace
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AIR Liberty rebrands reinsurance division and launched Italian operation
Former Guy Carpenter manager heads up Italian operation
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AIRNew normal prompts reinsurer action: Willis Re 1st View
Willis Re CEO urges carriers to adjust business models in light of ’new normal’
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AIRQBE Re appoints former Aspen chief as deputy global CUO
Stephen Postlewhite recently served as CEO of Aspen Insurance
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AIRPPL moving in the right direction, but more to do
PPL chair voices concerns over those who are yet to sign up
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AIRGrahame Chilton to step down as Gallagher CEO
Chilton will remain in his role as chairman of Capsicum Re
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AIRInsurers willing to pay for strategic gains as M&A rolls on
Major acquisitions by AIG and AXA have cast the spotlight firmly on Bermudan target companies, but deals are rife throughout the insurance market
