News Page 794 / 1211
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- March 5 2020
Mitsui Sumitomo and Max Life share swap back on
The transaction involving the parent company of the Indian player was called off last November.
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- March 5 2020
Covéa to expand Asia reach after PartnerRe agreement
US$9bn M&A deal with Exor will be completed by the end of the year.
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- March 5 2020
India’s Softbank-backed Paytm secures broking license
The intermediary arm will distribute motor, health and life policies.
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- March 4 2020
Mitsui Sumitomo sponsors US$75m Singapore cat bond
MS&AD subsidiary is looking to protect typhoon and wind risk under the name Akibare Re.
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- March 4 2020
Ex-Viriyah exec Benraheem to lead Generali GC&C in Thailand
The country is a key market for the Italian giant led in the region by Rob Leonardi.
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- March 4 2020
Australia’s January hailstorm losses jump 26% to US$528m
There have been 87,500 claims filed of which 60,000 related to motor vehicle damage.
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- March 3 2020
Canopius’ Mark Newman on marine, growth and talent
The specialist player is seeing rate increases, greater demand and more regional expertise.
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- March 3 2020
Timaru hailstorm was NZ’s third costliest nat cat in 100 years
The November storm will cost insurers over US$50m in a nat cat heavy Q4.
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- March 3 2020
Consumer group lobbies against PE bids for Prudential Life Korea
MBK Partners, Hahn & Company and IMM Private Equity are in the running to acquire Prudential.
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- March 2 2020
Munich Re’s chairman bullish as Japan renewals to rise
The German giant had a positive financial result for 2019 despite some major losses.
