Jardine Lloyd Thompson Group (JLT) has inked an agreement to acquire Towers Watson's (TW) reinsurance brokerage business, in a cash transaction valued at approximately $250m. The acquisition is part of JLT's strategy to establish global ...
Tags: Service
XL Group has unveiled a new Reinsurance Global Emerging Markets unit to benefit development in reinsurance markets. Led by Philippe Rochaix, who is currently in charge of the Latin America Reinsurance operations, the unit will form part ...
Tags: XL Group, Emerging Markets
Arch Capital Group (ACGL) has successfully completed Canadian insurance and reinsurance operations domestication under a new legal entity named Arch Insurance Canada Ltd. (Arch Canada). Since 2005, Arch Canada has been operating as ...
Tags: Arch Capital Group, Arch Canada, ACGL, insurance, reinsurance operations
Bermuda-based Athene Annuity & Life Assurance Company (Athene Annuity) has completed the acquisition of US-based Presidential Life, which markets and sells various fixed annuity, life insurance and accident and health insurance products. ...
Tags: Athene Annuity, Presidential Life, annuity, life insurance
Presidential Life and Athene have inked a definitive agreement for an Athene subsidiary to acquire Presidential Life for $14 per share in cash, in lieu of an aggregate purchase price of nearly $415m. In pursuant of the terms of the merger ...
Tags: Presidential Life and Athene, Presidential Life, acquisition
New York-based private equity firm Southport Lane, through its subsidiary Lonestar Holdco, has inked a definitive agreement with Dallas National Insurance to acquire 100% of Dallas National Insurance Company. The deal's terms and ...
Tags: Southport Lane, Lonestar Holdco, acquisition
XL Group's reinsurance operations has appointed Tim Fisher as senior vice president & Canadian branch manager. Fisher will report to managing director and head of casualty reinsurance in North America Christopher Buse, and will manage ...
Tags: XL, Tim Fisher, branch manager