Mergers & acquisitions (M&A)
Transatlantic announces $200m share repurchase
$200m worth of shares to be purchased before the end of 2011
Banco do Brasil to acquire control of IRB Brasil Re
Banco do Brasil is likely to acquire control of IRB Brasil Re, Brazil’s state-controlled reinsurance company, in the first quarter next year, Brazilian newspaper Valor Economico has reported.
Torus parent to amalgamate businesses
Move will increase Torus capital by $79m.
Questgates expands into Reading
New office to provide growth for PI business following acquisition from Davies.
Novae merges operations to improve ROE
UK business rolled into Lloyd's operation
Interveiw John Daum, Lockton: American dreams
Katherine Blackler talks to John Daum, executive director at Lockton Re, about his career, mentors and helping build Lockton Re's US platform.
Acquisitive Lloyd's insurer Amlin swoops again
Crowe Livestock Underwriting latest target for insurance group.
Event brokers combine forces
Long Reach International and W&P will cover everything from sports events to theatre productions.
Manulife to raise $2.7bn to fund takeovers
Manulife, the US’s largest insurer by market value, plans to sell as much as $2.7bn in stock to build up capital and finance possible takeovers.
Randall & Quilter makes acquisition
Run-off specialist acquires 70% of US company.
MMC makes US broker acquisition
MMC acquires Insurance Alliance through one of its subisidiaries.
Consensus: a rare beast
Our round-up of reader opinion reveals that reinsurance pricing continues to flatten and some of you are currently negotiating mergers and acquisitions.
Berkshire Hathaway placed on ratings watch negative
Berkshire Hathaway has been placed on ratings watch negative by Fitch
Cooper Gay still looking to acquire
Seymour Matthews, chairman of reinsurance at broker Cooper Gay, has revealed in an exclusive interview with Reinsurance at Baden Baden that the broker looks as opportunities to acquire "every day of the week."
GMAC sells property and casualty business
American Capital Acquisition Corporation buys the company for an unspecified amount
Towers Perrin UK arm not looking for sale - sources
Towers Watson's UK business is not looking to be sold, a senior source told Reinsurance
Former board member of Paris Re joins PartnerRe's board of directors
PartnerRe has appointed Roberto Mendoza, a former board member of Paris Re, to their board of directors.
General Re chief predicts further Bermuda reinsurer mergers
Franklin Montross, CEO of Berkshire Hathaway’s General Re, said more Bermuda-based reinsurers may combine after Validus/IPC merger.
Scottish broker heralds acquisition
H&R partner Shona Robertson happy with latest deal.
Team-building exercises
Wholesale broker acquisitions seems to have been put on the back burner in the current economic climate. However, Leigh Jackson looks at the trend developing for entire teams to jump ship and move to rivals.