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Financial services company Fairfax has agreed to invest €70 million in Irish insurer FBD through a private placement of a convertible bond instrument. 18 September 2015
Insurance
French insurer AXA has announced that its Asia CEO Jean-Louis Laurent Josi has stepped down from his executive responsibilities and is leaving the company by year-end. 29 June 2017
Insurance
XL Group CEO Michael McGavick said that he is not surprised that there is speculation about a potential takeover of XL Group by other market players. 14 February 2018
News
Swiss Re highlights the similarities and differences between the current pandemic crisis and the ongoing worldwide issue of climate change. It says lessons can be learned, but it is important to recognise there are big differences too. Intelligent Insurer reports. 9 April 2020
article
Fairfax Financial Holdings, the holding company which engages in property and casualty insurance and reinsurance through its subsidiaries, has entered into an agreement with Eurobank, the Greek bank, to acquire an 80 percent interest in Eurolife ERB Insurance Group Holdings for a purchase price of € 316 million. 23 December 2015
Alternative Risk Transfer
As the pandemic stress test continues, re/insurers are preparing for what comes next, including expectations of a hardening market. This is driving a growing trend for equity raises, with some building war chests and some taking advantage of new opportunities, while others look to protect their credit rating in a fight for survival. Intelligent Insurer reports. 12 June 2020
News
The Asian markets are being affected by the influx of capital into mature reinsurance markets such as the US because displaced reinsurers are increasingly seeking opportunities elsewhere, with Asia high on their list of targets, Takayuki Sumi, CEO of Tokio Millennium Re (UK), told EAIC Today. 2 November 2014
Insurance
Munich Re subsidiary ERGO Group has made several organisational changes and launched a new insurance unit as part of its strategic initiative aimed at expanding international business with corporate customers. 27 November 2017
Insurance
UK law firm EC3\Legal has appointed Cees Schrauwers, the former managing director of Aviva International, as chairman. 20 April 2015
Insurance
Novae Group’s pre-tax profits soared in the first half of 2016 to reach record levels for the company in the first half of a year boosted by solid investment returns as a new investment strategy paid dividends. 3 August 2016
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