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Insurance
Marsh & McLennan (MMC) is to acquire a 34 percent share in South African insurance and investment consultant Alexander Forbes. The broker said the deal will broaden its exposure to the growth prospects present in South Africa and sub-Saharan Africa. 25 June 2014
Insurance
RenRe's planned acquisition of Platinum Underwriters has caused mixed reviews amongst rating agencies. 26 November 2014
Alternative Risk Transfer
Hiscox enjoyed strong growth in the first quarter of the year with its ILS business and speciality lines portfolio making up for tough market conditions in other lines including its reinsurance business Hiscox Re. 12 May 2015
Insurance
Steve Hearn, deputy CEO of Willis Group Holdings has been elected as chairman of the London & International Insurance Brokers’ Association (LIIBA), an association which represents insurance brokers in London and international markets. He succeeds Graham Clarke of Miller, who continues as deputy chairman of LIIBA. 17 March 2014
Insurance
The Arab Spring and political turbulence in some parts of the Middle East and North Africa (MENA) has not dented the long-term prospects for the insurance industry in this area with strong growth still expected on the back of a combination of low insurance penetration and rapidly growing energy, infrastructure and healthcare sectors. 21 March 2013
Insurance
Windstorm risk is an “acquirable commodity”, and one that the private sector is working hard to gain control over. 16 February 2015
News
The amount of reinsurance capacity entering the market has slowed compared with previous years, Ulrich Wallin, CEO of Hannover Re, said at a press conference in Monte Carlo yesterday (Monday September 14). 14 September 2015
News
Troubled Tower Group International, which was downgraded last year following the revelation of a substantial shortfall in its reserves, has agreed to merge with ACP Re, a privately-owned Bermuda reinsurer. 7 January 2014
Insurance
Robert Easton, head of Treaty UK and head of Iran, Matrix, talks with Monte Carlo Today about the growth opportunities he sees in Iran. 11 September 2016
News
Tired of the distractions of the mergers & acquisitions (M&A) activity between reinsurers, buyers in Europe have welcomed the takeover of PartnerRe by Italian investment company EXOR because it frees the reinsurer from any speculation or distractions—and there are no integration issues to contend with, Charles Goldie, CEO, PartnerRe Global, told Baden-Baden Today. 20 October 2015
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