-
AJ Gallagher (AJG) subsidiary Artex Risk Solutions has entered a definitive agreement to acquire Guernsey-domiciled Hexagon Insurance PCC and its subsidiaries, building on the acquisition of Kane earlier this month.
-
Kane has announced that it expects to close the sale of its insurance management operations to Artex Risk Solutions, a subsidiary of international broking group Arthur J Gallagher (AJG), by 31 March.
-
The private equity backers of Kane are close to completing a sale of the firm's insurance services and captive operations to Guernsey-based Artex Risk Solutions, sources told Trading Risk.
-
Bermudian fund manager Aeolus is working with advisers as it considers bringing in new investors in early 2016, sources told Trading Risk.
-
Bermudian fund manager Aeolus is working with advisers as it considers bringing in new investors in early 2016, sources told Trading Risk.
-
Markel has completed the acquisition of Bermudian retro specialist Catco, it announced yesterday (8 December).
-
Towers Watson and Willis have agreed to double the value of a one-off cash dividend offered to Towers Watson investors before their proposed merger closes, in an attempt to secure sufficient approval to get the deal over the line
-
The Florida P&C market is set to be the next area of focus for mergers and acquisitions as companies seek liquidity, sources told sister publication The Insurance Insider
-
Markel has subscribed for 25 million voting rights in the Catco Reinsurance Opportunities Fund, equivalent to a 6.91 percent share.
-
Markel has disclosed that it will pay a total purchase price of about $200mn in cash for its acquisition of Catco Investment Management, the Bermudian retro-focused fund manager.
-
Catco is preparing to expand its listed retro fund, the Catco Reinsurance Opportunities Fund, by up to $750mn ahead of its integration by Markel.
-
The impact that (re)insurance consolidation would have on buying and underwriting discipline was a major point of debate at Monte Carlo, but commentators said demand for peak zone cover is less likely to be affected