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Mitsui Sumitomo Insurance Company’s ¥634.7 billion (£3.4 billion) deal to acquire Amlin Insurance is a deal driven by both economic conditions in Japan and pressures on the global re/insurance market and could work for both parties. 8 September 2015
Insurance
Mitsui Sumitomo Insurance Company will acquire Amlin Insurance for ¥634.7 billion (£3.4 billion), the company has confirmed. Charles Philipps, chief executive of Amlin, said the deal would provide Amin with the “financial muscle” and scale to succeed long term. 8 September 2015
Insurance
The share price of insurer Amlin has jumped by more than 30 percent today (Tuesday September 8) on the news that its board are in advanced talks which could see the firm acquired by Mitsui Sumitomo of Japan. 8 September 2015
Insurance
The recent explosions and subsequent losses in Tianjin, China, will likely be one of the biggest man-made losses ever to have occurred in Asia. 4 September 2015
News
Reto Brosi, the chief executive of Singapore-based reinsurer Asia Capital Re, has stepped down from his role. 3 September 2015
Insurance
Specialist insurer Markel International has promoted Luke Tidey to marine underwriter in its Singapore office. 1 September 2015
Insurance
Qatar Re, a subsidiary of Qatar Insurance Company, has unveiled plans to transfer its seat of incorporation from the Qatar Financial Centre to Bermuda. 1 September 2015
Insurance
Catastrophe risk management firm RMS has partnered with MSIG Mingtai Insurance to deepen its understanding of typhoon risk in Taiwan. 28 August 2015
Insurance
Australia's QBE Group has confirmed it is raising its stake in Indian firm Raheja QBE General Insurance Company to 49 percent. 21 August 2015
Insurance
The Asia-Pacific region is likely to embrace the emerging trend of catastrophe bond issuance as it increases its efforts to strengthen resilience to disasters. 21 August 2015
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