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Fosun International Ltd., the Chinese conglomerate that's been buying insurers and property overseas, plans to raise $1 billion partly to fund acquisitions in the insurance industry. The company will ...
Italy's EXOR SpA will consider raising its $6.4 billion offer for reinsurer PartnerRe Ltd at a board meeting on Tuesday, two sources told Reuters on Friday. The Italian holding company, controlled by ...
Merger and acquisition activity in the P/C industry is growing—driven by declining fundamentals and an excess of cash. And negative industry factors, including increased pricing softness, modest ...
Assurant announced a strategic decision to double-down on its property/casualty specialty insurance efforts, while considering possible sales of its employee benefits and health segments. "Following ...
The growing number of reinsurance mergers is understandable considering that the flood of alternative capital has upended the industry's economics. If companies don't lower their cost of capital and ...
Beazley and Korean Re announced a partnership to develop business together and to set up a special purpose syndicate at Lloyd's, Syndicate 6050. "We hope this collaboration will enable Beazley to ...
OneBeacon Insurance Group Ltd., a specialty insurer controlled by White Mountains Insurance Group Ltd., is exploring a sale, according to people with knowledge of the matter. OneBeacon has drawn ...
AXIS Accident & Health has acquired Ternian Insurance Group, a provider of voluntary, limited benefit, affordable health plans and other employee benefits coverage for hourly and part-time ...
Global software provider Sapiens International Corp. has signed a definitive agreement to acquire IBEXI Solutions Private Ltd., a business and technology solutions provider based in India. The ...
Endurance Specialty Holdings Ltd. and Montpelier Re Holdings Ltd. announced a merger deal today, which will have Endurance acquiring Montpelier in a stock-cash deal for roughly $1.8 billion. ...
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