Howden broadens New Zealand footprint with Bridges acquisition
June 11 2024 by Ji Youn Lee-
Minority shareholder of Chubb-backed Huatai Insurance puts US$10m stake up for sale
- July 5
State-owned China General Nuclear Power Group is selling its 0.16% stake in the Beijing-based insurer, as Chubb gradually raised its ownership to 85.53% this year.
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Hong Kong’s new RBC regime could trigger more industry consolidation: S&P Global
- July 4
The higher compliance costs, coupled with earning swings due to market volatility, could lead to an increase in M&A in the sector and force some insurers to raise more capital, said S&P Global Ratings.
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Envest appoints ex-Honey Insurance Eoghan Trehy to lead Resilium Partners
- July 2
The M&A arm which specialises in investing in authorised representatives has hired Trehy as part of its senior executive team, which includes managing director Ben Hastie, and new head of finance Clive Kingsley.
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Suncorp’s US$3.2bn bank sale to ANZ gets treasurer’s greenlight
- June 28
The approval by Treasurer Jim Chalmers has now set in motion the final completion of the deal, now expected by end of July.
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Guy Carpenter | Private equity’s reshaping of the Asian life sector has further to run
PE-backed reinsurers provide access to asset classes and investment expertise that often don’t exist within the traditional carriers themselves.
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CCi | LEG3/06: A delay analyst’s perspective on defect exclusions
Tackling contentious issues by applying the learning from the industry’s collective experience is key to improving the claims experience, writes CCi’s Steven Horne.