M&As in global insurance sector start to recover, Swiss Re
May 30 2015 by InsuranceAsia News-
QBE completes sale of trade credit and surety business to Swiss Re CorSo
- September 1
Two firms had struck a deal in February for the portfolio that is expected to generate annual revenues of approximately US$200m, according to Swiss Re.
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Tokio Marine HCC International acquires UK commercial motor specialist Direct Commercial
- August 30
Deal represents a new business for Tokio Marine HCC International, which is part of Tokio Marine Group.
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Tokio Marine identifies Suncorp as preferred takeover target: report
- August 25
The Japanese insurance group is understood to have reviewed other potential options, including IAG and Canada’s Intact Financial.
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Amwins, KKR, Dragoneer sign binding agreement to acquire Steadfast in US$5.5bn deal
- August 21
Implementation scheme is targeted for December, after which Amwins Australasia will acquire Steadfast’s underwriting agency business segment.
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PartnerRe | The missing life stage: why caregiving is reshaping the future of protection in APAC
To stay relevant, insurers should engage caregivers earlier with solutions that combine protection, navigation support, and preventative planning.
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BHSI | The real risk begins underwater: How subsea risk is changing insurance
Asia's subsea industry is expanding and evolving rapidly, with the growing use of technology across the region changing the way risks are be assessed.
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Beazley | Clean marine: How aqua-innovators can ride the energy wave
Insurance is critical to clean marine progress, but new fuels bring risks traditional policies do not fully cover, presenting market players an opportunity to build new models.
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PartnerRe | Dementia the protection gap insurers can no longer ignore
Unlike acute illnesses, dementia creates a long tail of financial need and its impact extends well beyond patients.
