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As per the deal terms, shareholders of XL Group will receive $57.6 per share. The transaction, which is subject to regulatory approvals, is expected to complete in the second half of 2018.
IRC is a US specialist trade credit and political risk broker. Founded in 1987 in Columbus, Ohio, IRC has been offering trade credit insurance, political risk Insurance and related
The bank stated that CBL Insurance has breached several regulatory requirements and is in a distressed financial position. As per the bank, without an administrator, the insurance company
The transaction, which is subject to regulatory approvals, will increase Zurich’s capabilities in countries such as Brazil, Colombia, Mexico and Ecuador. Zurich expects to fund the transaction, which
The deal includes Standard Life Assurance Limited (SLA), the UK Mature Retail and Spread/risk books and the Europe, UK Retail and UK Mature Retail and Spread/ risk boots and
The Insurtech Board includes representatives from Association of British Insurers (ABI), Lloyd’s of London, the London Market Group (LMG) and the British Insurance Brokers Association (BIBA) along with incumbent
Principal Financial said that the acquisition and integration will position its Principal Afore as the fifth largest Afore in Mexico with more than 7% market share. The existing
The Hartford is acquiring the renewal rights on $200m in small commercial lines premium sold through nearly 5,000 independent agents and brokers across the country. Established in 1952
Basic earnings per share for the fourth quarter were €3.24, compared to €4.04 per share for the same period of 2016. The company has reported total revenues of
The changes, which had been due to come into force on 23 February 23, are now delayed to 1 July 2018. The application date for the new regulations is 1 October 2018. The