Zurich, Switzerland

Softbank looks for Swiss Re board seat

2018-02-19T09:43:00+00:00

Softbank, the Japanese tech conglomerate that stunned markets last week after reports emerged it was mulling a $30bn stake in Swiss Re, is pushing for a seat on the carrier’s board in a bid to have a say in how the reinsurer spends its $161bn investment pot.

201 lloyds exterior

Lloyd’s legacy deals sealed by Enstar and R&Q

2018-02-19T08:34:00+00:00

Randall and Quilter (R&Q) has completed a £30mn deal to take on the old Sportscover legacy book, now owned by Hamilton’s Lloyd’s platform in what is the second agreement of its type to be announced in less than a week.

nexus logo

Nexus appoints Panmure Gordon as it eyes stake sale

2018-02-16T15:35:00+00:00

London-based managing general agent Nexus has appointed investment bank Panmure Gordon as it ramps up efforts to sell a portion of the business, re-Insurance.com understands.

National bank of greece guarded

Exin facing double deadline crunch in sprint to complete EUR720mn Ethniki deal

2018-02-16T08:36:00+00:00

Matt Fairfield’s inchoate pan-European insurer Exin is facing two separate deadlines - with one only days away - to buy Greece’s largest insurer, if Greek reports are correct.

Pat Ryan

RSG takes on Lodestar Marine from Tawa Group

2018-02-14T09:39:00+00:00

Ryan Specialty Group, the MGA acquirer and wholesale broker led by Aon founder Pat Ryan, has acquired Lodestar Marine from Tawa, the run-off group backed by luxury brand billionaire Francois Pinault.

hong kong 184535743

Peak Re sells 13% stake to Prudential Financial

2018-02-13T10:08:00+00:00

Fosun-owned Hong Kong reinsurer Peak Re has struck a deal to sell 13.1 percent of its equity to US-based carrier Prudential Financial.

201 lloyds exterior

Lloyd’s legacy deals sealed by Enstar and R&Q

2018-02-19T08:34:00+00:00

Randall and Quilter (R&Q) has completed a £30mn deal to take on the old Sportscover legacy book, now owned by Hamilton’s Lloyd’s platform in what is the second agreement of its type to be announced in less than a week.

nexus logo

Nexus appoints Panmure Gordon as it eyes stake sale

2018-02-16T15:35:00+00:00

London-based managing general agent Nexus has appointed investment bank Panmure Gordon as it ramps up efforts to sell a portion of the business, re-Insurance.com understands.

lloyd's

Nexus preps for sale by hiring ex-AmTrust CUO

2018-01-17T12:44:00+00:00

London-based specialty MGA Nexus has revealed plans to sell a portion of its equity as it announced that former chief underwriting officer for AmTrust’s Lloyd’s operation had joined to run its insurance and reinsurance operations.

National bank of greece guarded

Exin facing double deadline crunch in sprint to complete EUR720mn Ethniki deal

2018-02-16T08:36:00+00:00

Matt Fairfield’s inchoate pan-European insurer Exin is facing two separate deadlines - with one only days away - to buy Greece’s largest insurer, if Greek reports are correct.

Pat Ryan

RSG takes on Lodestar Marine from Tawa Group

2018-02-14T09:39:00+00:00By

Ryan Specialty Group, the MGA acquirer and wholesale broker led by Aon founder Pat Ryan, has acquired Lodestar Marine from Tawa, the run-off group backed by luxury brand billionaire Francois Pinault.

hong kong 184535743

Peak Re sells 13% stake to Prudential Financial

2018-02-13T10:08:00+00:00By

Fosun-owned Hong Kong reinsurer Peak Re has struck a deal to sell 13.1 percent of its equity to US-based carrier Prudential Financial.

Monster truck

XL or XXL?

2018-02-12T16:20:00+00:00By

Ten years ago, $1bn was the default minimum size for a global reinsurer/specialty carrier to be taken seriously.

Mike McGavick, XL Group

XL, Aspen and the M&A barometer

2018-02-08T16:13:00+00:00By

As XL Group’s share price spiked over 12 percent last night in the midst of Softbank’s bold wade into the (re)insurance arena with a mooted minority stake in Swiss Re, the industry’s M&A speculation barometer shot through the roof.

Register now - it's free!

Sign up now and you'll get:

  • Breaking news by email on all critical issues
  • Trusted analysis and commentary
  • Opinion from market thought-leaders
  • Exclusive data on the industry
  • Weekly digital newsletter
  • Control over the content you receive
Yes, please