Scor-share-price-i

Scor responds to European activist investor CIAM

2018-09-19T14:20:00+01:00

Scor has today responded to demands by a European activist investor to engage with potential acquirer Covea by again dismissing the merits of the approach but added that it is “committed to continue creating value for its long-term shareholders”.

David-Ross-and-Simon-Matson

'Concealed' £625k loan revealed in bitter Ardonagh – Alesco poaching dispute

2018-09-19T12:34:00+01:00

The animus between Gallagher and Ardonagh Group has once again erupted with a London subsidiary of the industry’s fourth largest broker accusing the David Ross-led UK insurance intermediary of acting illegally to poach both staff and business following the defection of a six-strong energy team last year, Re-Insurance can reveal.

Qudos-court-house

New Nordic sues Echelon over 2017 Qudos sale

2018-09-19T11:30:00+01:00

Scandinavian focused investor group New Nordic has issued legal proceedings against the listed Canadian Insurance group Echelon Financial Holdings Inc after the failure of recent settlement talks, Re-Insurance can reveal.

Ken-Randall

R&Q shares up on major legacy deal and FY “outperform” expectations

2018-09-19T09:28:00+01:00

Shares in Randall & Quilter Investment Holdings Ltd (R&Q) climbed almost five percent in early trading today on the back of improved full-year forecasts and news of its largest ever legacy acquisition, Global Re.

Catherine-Berjal

Activist investor CIAM pressures Scor to engage in M&A talks

2018-09-19T08:00:00+01:00

European activist investor CIAM has taken a stake in French reinsurer Scor and is threatening to hold the firm “legally responsible” if it does not engage with potential acquirer Covea.

David-Ross-and-Simon-Matson

'Concealed' £625k loan revealed in bitter Ardonagh – Alesco poaching dispute

2018-09-19T12:34:00+01:00

The animus between Gallagher and Ardonagh Group has once again erupted with a London subsidiary of the industry’s fourth largest broker accusing the David Ross-led UK insurance intermediary of acting illegally to poach both staff and business following the defection of a six-strong energy team last year, Re-Insurance can reveal.

Qudos-court-house

New Nordic sues Echelon over 2017 Qudos sale

2018-09-19T11:30:00+01:00

Scandinavian focused investor group New Nordic has issued legal proceedings against the listed Canadian Insurance group Echelon Financial Holdings Inc after the failure of recent settlement talks, Re-Insurance can reveal.

Ken-Randall

R&Q shares up on major legacy deal and FY “outperform” expectations

2018-09-19T09:28:00+01:00

Shares in Randall & Quilter Investment Holdings Ltd (R&Q) climbed almost five percent in early trading today on the back of improved full-year forecasts and news of its largest ever legacy acquisition, Global Re.

Catherine-Berjal

Activist investor CIAM pressures Scor to engage in M&A talks

2018-09-19T08:00:00+01:00

European activist investor CIAM has taken a stake in French reinsurer Scor and is threatening to hold the firm “legally responsible” if it does not engage with potential acquirer Covea.



Brexit

Brexit whitepaper presents 'worrying' challenge for brokers

As plans for mutual market recognition are thrown off the negotiating table, the market now has to make the most out of “enhanced equivalence”, a term not so easily defined by brokers

lloyds sign

Is Lloyd’s facing an existential crisis?

Industry sources question the Corporation’s ability to change as much as it needs to in order to maintain its relevance

John-Neal-&-Canegie-Brown-Lloyd's

Spotlight on Lloyd’s and its reform agenda

The focus is on Lloyd’s – and its new CEO-elect John Neal – at this year’s Rendez-Vous. But what the recent recruitment process also revealed was how chairman Bruce Carnegie-Brown expects to see positive change implemented in the market…

Brexit

Brexit whitepaper presents 'worrying' challenge for brokers

As plans for mutual market recognition are thrown off the negotiating table, the market now has to make the most out of “enhanced equivalence”, a term not so easily defined by brokers

lloyds sign

Is Lloyd’s facing an existential crisis?

Industry sources question the Corporation’s ability to change as much as it needs to in order to maintain its relevance

John-Neal-&-Canegie-Brown-Lloyd's

Spotlight on Lloyd’s and its reform agenda

The focus is on Lloyd’s – and its new CEO-elect John Neal – at this year’s Rendez-Vous. But what the recent recruitment process also revealed was how chairman Bruce Carnegie-Brown expects to see positive change implemented in the market…



John-Neal

The toughest job in (re)insurance…

Right now, there can be few tougher jobs than being the next CEO of Lloyd’s because of the strategic challenges the market faces and the difficulty of implementing change at any institution with no shareholders and – at times – fractious stakeholders.

US hurricane 2017

$350 billion of US run-off business now in play: Pro

The law formerly known as Regulation 68 may not sound like a revolutionary piece of legislation, but it has the potential to energise the US insurance market and release billions of dollars of capital in the non-life run off market, which in total is estimated at $350bn.

Japan flooding

Am I interrupting you?

It is perhaps hard to believe that since Hurricanes Katrina, Rita and Wilma battered the US in 2005, an issue which has long been a source of concern for reinsurers and retrocessionaires continues to be of major concern, writes Gavin Coull, partner and head of reinsurance at law firm BLM.

John-Neal

The toughest job in (re)insurance…

Right now, there can be few tougher jobs than being the next CEO of Lloyd’s because of the strategic challenges the market faces and the difficulty of implementing change at any institution with no shareholders and – at times – fractious stakeholders.

US hurricane 2017

$350 billion of US run-off business now in play: Pro

The law formerly known as Regulation 68 may not sound like a revolutionary piece of legislation, but it has the potential to energise the US insurance market and release billions of dollars of capital in the non-life run off market, which in total is estimated at $350bn.

Japan flooding

Am I interrupting you?

It is perhaps hard to believe that since Hurricanes Katrina, Rita and Wilma battered the US in 2005, an issue which has long been a source of concern for reinsurers and retrocessionaires continues to be of major concern, writes Gavin Coull, partner and head of reinsurance at law firm BLM.