Asia Capital Re boss says it will not seek new buyers after sale talks fall through

01-11-2017

The acting chief executive of Asia Capital Re (ACR) has confirmed that the company has made a joint decision with Shenzhen Qianhai Financial Holdings and Shenzhen Investment Holdings to terminate its $1 billion sale—but he stressed that it is business as normal for the reinsurer.


Asia Capital Re, Shenzhen Qianhai Financial Holdings, Shenzhen Investment Holdings, ACR, SIRC, Bobby Heerasing, Hans-Peter Gerhardt, Asia Pacific

Intelligent Insurer