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Drinker Biddle and Reath predicts shift to vertical M&A activity in 2019/20
Insurance
Mergers and acquisitions (M&A) activity will continue for 2019, and into 2020, particularly in light of interest rates and abundant capital in the market, Parimah Hassouri, partner at Drinker Biddle and Reath, told Monte Carlo Today.   9 September 2019
Insurance
Victor Syndicate 2288 will be supported by a $100m business plan.   10 December 2019
Insurance
Canada-based Fairfax Financial Holdings, a property and casualty re/insurer, has agreed to acquire New Zealand-based general insurer Tower for an all-cash deal.   9 February 2017
Insurance
AmTrust International, a subsidiary of subsidiary of AmTrust Financial Services, has acquired Arc Legal Assistance, a managing general agent.   18 July 2016
Insurance
Profits at insurer Zurich plummeted in 2015 due to restructuring costs and poor results in its general insurance sector. But its CEO said it is taking rigorous action to improve profitability.   11 February 2016
Insurance
Starr Insurance Companies’ Brazilian subsidiary, Starr International Brasil Seguradora, has been granted a local license to offer aviation insurance.   14 December 2018
Alternative Risk Transfer
As investments into China’s Belt and Road Initiative (BRI) increase, Kirill Savrassov, CEO of Phoenix CRetro Reinsurance Company, told Baden-Baden Today that it represents big opportunities and challenges for the reinsurance industry, especially from a cat perspective.   23 October 2019
Reinsurance
As re/insurance leaders look back on 2020, they share their thoughts on the unprecedented past 12 months with Intelligent Insurer and consider how this will affect the year ahead. In exclusive insights, they also reflect on the debate over whether it was a black swan event, or more of a ‘grey rhino’, recognise the critical nature of advancing technology and express a real desire to return to face-to-face negotiations, as well as setting out their stalls for 2021.   23 December 2020
Insurance
The measure is aimed at mitigating coronavirus pandemic-related effects on the insurers' Solvency II ratios.   18 March 2020
Insurance
Specialist insurer Markel Corporation has been granted a licence by the German federal financial supervisory authority BaFin to establish an insurance company in Germany.   19 July 2018

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