Global reinsurance executives who met in Monaco questioned whether a frenzy of mergers in Europe means buyers of Lloyd’s of London insurance companies are paying too much. Deal-making will continue after Tokyo-based MS&AD Insurance Group Holdings Inc. agreed last week …
Challenging market conditions due to abundant capacity, the ongoing influx of new capital and limited loss experience, continue to put pressure on the reinsurance sector, while recent M&A activity is adding a new dynamic to the mix. These were the …
A prolonged decline in global reinsurance prices is spurring merger moves in the sector, with many executives attending next week’s annual industry meeting in Monte Carlo eyeing who might next become predator or prey. While the $600 billion industry, which …
Major tier 1 reinsurers stand to benefit most from a changing reinsurance market and mounting competitive pressures, while small mono-line companies will be the hardest-hit, according to a reinsurance report published by Fitch. Reported financial results confirm that major Tier …
DUAL, the underwriting arm of the Hyperion Insurance Group, announced that its Frankfurt and London-based M&A Liability team is open for business. Niki Demirbilek joins as global head of M&A Insurance, supported by up to EUR/USD 50 million of A-rated …
The reinsurance market is operating in a new reality of abundant capacity from traditional and alternative sources, low interest rates and thinner reinsurance margins, driven by intense competition against shrinking demand for reinsurance cover, according to A.M. Best’s annual special …
Reinsurance M&A activity should continue well into 2016 as competitive pressures continue unabated, Standard & Poor’s said in a new report. The ratings firm said that the Berkshire Hathaways of the world – investment holding companies seeking to enter the …
JLT Risk Solutions AB, a member of the Jardine Lloyd Thompson Group plc, has appointed Magnus Toftgård and Magnus Lindgren to strengthen the Credit, Political and Security Risks (CPS) and M&A Insurance (M&A) division, based in Stockholm. Magnus Toftgård joins …
The changing dynamics in the specialist property/casualty sector continue to encourage merger and acquisition activity in the London market. A new briefing from A.M. Best notes that the need for insurers to leverage analytical capabilities and increase line size is …
Willis Group Holdings and Miller Insurance Services LLP are engaged in talks to merge their wholesale insurance businesses. The resulting wholesale brokerage firm would trade under the Miller brand, governed and regulated as a standalone legal entity and separate Lloyd’s …
