Hints and tips:
...Negotiations with Switzerland on a mutual recognition deal were launched by Rishi Sunak when he was chancellor in 2020....
...Insurance certificates for two US coal mines list Zurich-based reinsurance leader Swiss Re and US insurer Liberty Mutual as providing insurance cover for the operators of projects in Wyoming and Montana...
...annual reinsurance event in Monte Carlo....
...A person close to James said the departure was a mutual decision....
...They provide mutual insurance coverage for 90 per cent of oceangoing tonnage, pooling their risk, and rely on Lloyd’s for reinsurance cover....
...German economy minister Robert Habeck yesterday signed a memorandum of understanding with his counterparts from Austria, Hungary, Poland, the Czech Republic and Slovakia for mutual assistance in case of...
...LV, the mutual insurer that tried and failed to sell itself to private equity house Bain Capital last year, has announced that it is in talks with rival Royal London and unveiled a board clear-out....
...Beyond that, the group has $3bn worth of reinsurance cover....
...Years ago, a friend was conducting an apprentice audit at an engineering company in the wilds of Lancashire....
...UK P&I is part of an international group of 13 mutuals which share the first $100m of large claims. The group also has $3bn of reinsurance cover....
...Covéa had looked for a big acquisition in reinsurance for years, and the PartnerRe deal would have catapulted the France-focused mutual into the big leagues of global reinsurance....
...“We had a strategy to go towards reinsurance from exactly the month of December, 2011 . . . we decided from that point to work on the strategy of buying a reinsurance company of good size,” Mr Derez told...
...That should help Exor, holding company of Italy’s billionaire Agnelli family, to strike a good deal....
...Apollo struck a big reinsurance deal with Prudential in June, helping add $100bn to its assets in the second quarter....
...This is where the idea of mutual debt issuance comes in....
...FTSE 250 group Quilter was spun out from Old Mutual as a public company in a year ago....
...The problem facing Scor and the reinsurance industry is an excess of capital. UBS reckons there was a $45bn surplus last year....
...America’s biggest listed PE groups have benefited from a tax status switch that makes it easier for mutual funds and index trackers to own their shares. Read Kaye’s latest on EQT and KKR here....
...From what we see,the company’s current approach to fixed-cost allocation is completely appropriate, but the effects are magnified by effectively being a one-product company....
...CIAM supported a bid for the reinsurance company from Covéa, a French mutual insurer, which itself owns 8 per cent of Scor....
...Royal London Asset Management Assets £119bn Employees 237 Established 1988 Headquarters London Ownership Royal London Group, a mutual society Andrew Carter CV Born December 1960 Forres, Morayshire...
...Covéa, a French mutual insurance company, already owns eight per cent of Scor, a global reinsurance group with a market capitalisation of €7.4bn....
...Scor, which has a market capitalisation of €7.4bn, is the smallest of Europe’s big four reinsurance companies after Swiss Re, Munich Re and Hannover Re....
...Denis Kessler, boss of French reinsurance group Scor, appealed for investors’ sympathy on Wednesday....
...“When he took over the company, it was really the junk of the reinsurance sector. It had been poorly run and there was a constant flow of bad news.” said Mr Oughourlian....
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