The complex nature of energy risks means they are too often placed into the commercial insurance market o...
AUB-Tysers contract includes indemnity clauses relating to SFO/DoJ inv...
AUB-Tysers contract includes indemnity clauses relating to SFO/DoJ investigations
AUB’s binding purchase agreement with Tysers includes a number of protections to mitigate the impact on the buyer of any potential fines arising from the Serious Fraud Of...
Article / 14 days ago
EC gives nod to Covéa for $9.3bn PartnerRe takeover
EC gives nod to Covéa for $9.3bn PartnerRe takeover
French mutual Covéa has received authorisation from the European Commission for the acquisition of Bermudian reinsurer PartnerRe from Italian investment firm Exor...
Article / 1 month ago
Aegon sells Hungarian arm to VIG, acts to cut debt - Reuters
Aegon sells Hungarian arm to VIG, acts to cut debt - Reuters
Aegon has completed the sale of its Hungarian arm to Vienna Insurance Group (VIG) for 620 million euros ($682 million)...
reuters.com /
Article / 2 months ago
Bermuda court approves Markel Catco buyout
Bermuda court approves Markel Catco buyout
A Bermuda court has sanctioned Markel’s proposal to buy out Markel Catco’s investors of their holdings in the retro fund...
Article / 2 months ago
EU Orders Hungary to Cancel Its Veto of Sale of Aegon Unit to Vienna I...
EU Orders Hungary to Cancel Its Veto of Sale of Aegon Unit to Vienna Insurance
Hungary was ordered by the European Union to cancel its decision to block the sale of Dutch insurer's Aegon NV's local unit to Vienna Insurance Group AG...
Article / 3 months ago
GCC: Insurance distribution landscape to continue to change at pace --...
GCC: Insurance distribution landscape to continue to change at pace -- Clyde & Co
Regulatory harmonisation, scrutiny and a push for consolidation are set to transform the market in the GCC in 2022...
Article / 5 months ago
Slovakia: Central Bank greenlights Generali to operate as an EU branch...
Slovakia: Central Bank greenlights Generali to operate as an EU branch - Xprimm
The National Bank of Slovakia - NBS, has approved the organizational merger of the Slovak insurer Generali with Generali Ceska Pojistovna from the Czech Republic, local media announced...
xprimm.com /
Article / 6 months ago
TUPE poses final hurdle as Willis Re looks to more certain future…
Arthur J Gallagher's $3.25bn+ acquisition of Willis Re has moved a step closer to completion with the news...
Article / 6 months ago
Willis Re faces one last talent flight window under UK Tupe rules
Willis Re faces one last talent flight window under UK Tupe rules
Legal arrangements around AJ Gallagher’s acquisition of Willis Re will present a short period in which UK-based Willis Re staff can exit the business while circumventing ...
Article / 6 months ago
UK authority ends investigation of AJG’s acquisition of Willis Re
The UK government’s Competition and Markets Authority (CMA) said that it has ended its investigation of the pe...
Article / 6 months ago