Best's News


News & Research
Advanced Search Advanced Search



   
   
 
 
 Search Results

[x] Source
BestWire

[x] Topic
Business/Management

  Companies

 
61 through 80 of 120 matching documents, best matches first.   Sort by date

Allied World Names Country Manager for Australia
Allied World Assurance Co. Holdings GmbH appointed Iain MacLeod as senior vice president and country manager, Australia. MacLeod will report to Michael Garrison, president, ...
Source: BestWire   Date: December 6, 2017
Subscription or Purchase Required

MS&AD to Acquire Up to 15% Stake in Swiss Re’s ReAssure in the UK
...Assure on a pro rata basis," said Swiss Re. ReAssure is a leading player in the U.K.'s closed book life business where new policies are obtained through acquisition of other ...
Source: BestWire   Date: October 6, 2017
Subscription or Purchase Required

A.M. Best Comments on Credit Ratings of First Capital Insurance Limited
Fairfax Financial Holdings Limited. Funding for the acquisition is expected to come from cash-on-hand. First Capital's day-to-day operations are likely to continue as normal in the ...
Source: BestWire   Date: August 29, 2017
Fairfax CEO: First Capital $1.6 Billion Deal With Mitsui Sumitomo Is an Exceptional Circumstance
Fairfax Financial Holdings Ltd. decided to sell insurance subsidiary First Capital Insurance Ltd. in a US$1.6 billion deal because of "very unusual and exceptional circumstances," ...
Source: BestWire   Date: August 24, 2017
Subscription or Purchase Required

A.M. Best Comments on Credit Ratings of Mitsui Sumitomo Insurance Company, Limited
First Capital Insurance Limited (First Capital). This Credit Rating (rating) commentary follows MS&AD Insurance Group Holdings, Inc.'s (MS&AD) announcement on Aug. 24 2017, that ...
Source: BestWire   Date: August 24, 2017
Update: Mitsui Sumitomo to Acquire First Capital in Singapore for $1.6 Billion
...Corrects rating description information in the last paragraph.) Mitsui Sumitomo Insurance Co. Ltd. has agreed to acquire First Capital Insurance Ltd. from Fairfax Financial ...
Source: BestWire   Date: August 24, 2017
Subscription or Purchase Required

Former XL Catlin Exec Tapped to Lead Brit Global Specialty USA Professional Lines
Nick Davies, Americas president, Brit said in a statement. Bongi brings more than 25 years of industry experience, most recently as XL Catlin director of underwriting for global ...
Source: BestWire   Date: August 15, 2017
Subscription or Purchase Required

Fairfax Closes on $4.9 Billion Acquisition of Allied World
Fairfax Financial Holdings Ltd. said it completed the closing of its US$4.9 billion acquisition of Allied World Assurance Company Holdings AG. Related to the acquisition, Fairfax ...
Source: BestWire   Date: July 6, 2017
Subscription or Purchase Required

Arkansas Regulators Approve $1 Billion Fairfax Acquisition of Two Allied World Subsidiaries
Allied World Assurance Co. Holdings Ltd. by Fairfax. It is the first state to approve the deal, Arkansas Insurance Commissioner Allen Kerr said in a statement. Allied World Surplus ...
Source: BestWire   Date: June 19, 2017
Subscription or Purchase Required

Fairfax Sells 12.18% Stake in ICICI Lombard
Indian joint venture ICICI Lombard General Insurance Co. Ltd. in a deal that values the company at 203 billion rupees (US$3.1 billion). In a statement, the Canadian group said 9% ...
Source: BestWire   Date: May 30, 2017
Subscription or Purchase Required

Fairfax CEO: Acquisitions, Politics Are Reasons for Optimism
Fairfax Financial Holdings Ltd. is looking to digest a long list of acquisitions in 2017 as the group's chief executive officer touts an optimistic outlook based on economic and ...
Source: BestWire   Date: April 28, 2017
Subscription or Purchase Required

Allied World Posts First-Quarter Income Gain Despite Loss From Cyclone Debbie
Cyclone Debbie in Australia. Net income for the quarter rose to $80.3 million from $74.1 million in the first quarter a year earlier. Gross premiums written were $860.9 million, ...
Source: BestWire   Date: April 26, 2017
Subscription or Purchase Required

Brit Names CEO for Specialty Lines in Singapore
Specialty Singapore beginning May 15, according to Brit Ltd. Brit Ltd., a unit if Fairfax Financial Holdings Ltd., said in a statement Lim, together with Charles Barrett, chief ...
Source: BestWire   Date: April 13, 2017
Subscription or Purchase Required

Fairfax Financial Consolidates Sri Lanka Operations
Fairfax Financial Holdings Ltd. has completed the consolidation of its Sri Lanka-based subsidiaries Fairfirst Insurance Ltd. and Union Assurance General Ltd. The merged entities ...
Source: BestWire   Date: March 21, 2017
Subscription or Purchase Required

Canadian Institutional Investor Acquiring Share of Fairfax’s Allied World Deal for $500 Million
Alberta Investment Management Corp. is partnering with Fairfax Financial Holdings Ltd. in the pending acquisition of Allied World Assurance Co. Holdings AG, spending $500 million ...
Source: BestWire   Date: March 13, 2017
Subscription or Purchase Required

Fairfax CEO: Acquisitions on Track Despite Investment Losses
Fairfax Financial Holdings Ltd. struggles with investment losses due to wider economic conditions, the property/casualty group is looking to digest a series of major acquisitions ...
Source: BestWire   Date: February 17, 2017
Subscription or Purchase Required

Canada’s Fairfax to Acquire New Zealand’s Tower Insurance for NZ$197 Million
Fairfax Financial Holdings Ltd. has proposed to buy New Zealand's Tower Insurance Ltd. in a deal worth NZ$197 million (US$144 million), the companies said in a statement. Under the ...
Source: BestWire   Date: February 9, 2017
Subscription or Purchase Required

Allied World Posts Fourth-Quarter Loss on Catastrophes, Investments
Allied World Assurance Co. Holdings AG posted a fourth-quarter net loss on increased catastrophe and realized investment losses as the group looks ahead to its $4.9 billion ...
Source: BestWire   Date: February 2, 2017
Subscription or Purchase Required

Fairfax, Ontario Pension Plan Confirm $1 Billion Investment in Allied World Acquisition
Fairfax Financial Holdings Ltd. and OMERS, the pension plan for municipal employees in Ontario, Canada, entered into an agreement that would see OMERS invest US$1 billion to ...
Source: BestWire   Date: January 27, 2017
Subscription or Purchase Required

Allied World-Fairfax Deal Puts Rivals Under Strategic Pressure
Allied World Assurance Company Holdings Ltd. will likely force midsize Bermuda underwriters to examine their strategies and could spur further consolidation, market observers said. ...
Source: BestWire   Date: December 20, 2016
Subscription or Purchase Required


<< previous Page: 1 2 3 4 5 6 next >>