acquisitions
AXA UK : The deal with Resolution would result in a one-off writedown of 1.4 billion euros ($1.7 billion) in 2010,
Resolution, set up in 2008 to buy and profitably merge slow-growing British life insurers, said on Monday it hoped to complete the 2.75 billion...
Reinsurance rates decline at January 1, 2010 Reinsurance Renewal
Reinsurance rates across most lines of property catastrophe business declined at the January 1, 2010 renewal, according to a briefing released today by Guy...
Legal & General in talk to cherry-pick troubled assets from Lloyds Banking Group
The real estate arm of insurer Legal & General is in talks to cherry-pick troubled assets from Lloyds Banking Group in deals that could...
RSA abandons one billion dollar rights issue plan
After unsuccessfully searching the markets for takeover targets, RSA has abandoned plans to raise one billion dollars in a rights issue.
In its effort to...
Insurance mergers and acquisitions activity to increase in 2010
The insurance industry will see a pick up in mergers & acquisitions (M&A) activity in 2010, according to Tony Ursano, Chief Executive Officer of...
