All Mergers & Acquisitions articles – Page 19
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Converium profits up 58% despite storm losses
Acquired reinsurer is "successful in capturing the momentum following the restoration of its “A-” rating"
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Carvill and TFS form broker
The new partnership is a response to the increased interest in insurance derivatives
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Hart joins Willis Commercial Network
The Willis Commercial Network welcomes Hart as a new member
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Korean Re in Asian expansion plans
Reinsurer plans to acquire 10%-20% of primary Asian insurers
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Munich Re buys stop loss insurer
German reinsurer increases stake in Cairnstone from 25% to 100%
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No rating impact from AEGON's life purchase
Fitch has said that AEGON's purchase of Merrill Lynch's life business for $875m will have no ratings impact
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Hiscox purchases interest in Allison & Partners
Hiscox has acquired 49% of Allison and Partners, with an option to buy the remaining 51%
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Dubai fund to acquire Munich Re stake
Arabic Financial Circle looking to acquire 20% of Munich Re
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Montpelier surges on in US
Montpelier Re gains coverholder approval for syndicate; buys E&S company for $4.75m
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Promotion at RenRe Ventures
Laurence Richardson has been promoted to senior vice president, RenaissanceRe Ventures
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Newly public Validus sees premiums grow
Validus saw net written premiums increase 100.2% in the second quarter of 2007
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Munich Re posts €2.1bn half year profit
Munich Re had a profitable first half but its operating result drops to €2.8bn
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Flagstone takes major stake in Caribbean insurer
Flagstone chairman Mark Byrne is the new chairman of Island Heritage
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Hub International to acquire Rigg
Acquisition will create a new regional platform – Hub International Rigg
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Aon considers sale of CICA
Following on from healthy Q2 results, Aon are exploring strategic options for CICA
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Hilb Rogal & Hobbs acquire Brown/Raynor
Company acquire property casualty agency, but terms not disclosed.
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Hard times
KRW inflicted hefty damage on PXRE, setting in motion a spiral of decline, but news of a merger with Argonaut offers a new lease of life