Keyword
diversification
Brokers who did these things fared better in the pandemic
July 3, 2020 by Adam MalikBrokers who were nimble, ready to change with the times, and acted pro-actively when COVID-19 first emerged as a threat are the ones faring the best three months later, one broker leader says. Those who didn’t are struggling. “Those brokers…
Fairfax completes acquisition of Allied World
July 6, 2017 by Canadian UnderwriterToronto-based Fairfax Financial Holdings Ltd. has completed its acquisition of Allied World Assurance Company Holdings AG, the firms announced Thursday. The deal was valued at nearly $5 billion when it was announced Dec. 18, 2016. All figures are in U.S.…
‘All regulatory approvals’ received for Fairfax-Allied World merger but deal still not complete
June 29, 2017 by Canadian UnderwriterToronto’s Fairfax Financial Holdings Ltd. announced Thursday it now has “all regulatory approvals that are necessary” for it to merge with Swiss insurer and reinsurer Allied World Assurance Company Holdings AG but suggested fewer than 90% of Allied World shareholders…
84% of polled insurance companies planning to make acquisitions in 2017: KPMG International
March 17, 2017 by Canadian UnderwriterThe lion’s share of insurance companies taking part in a KPMG International-commissioned survey plan to make acquisitions in 2017, with most respondents saying their companies are being driven by need to transform business and operating models. The insurance sector looks…
Reinsurers face challenging market conditions, technology to play important role: Novarica
January 31, 2017 by Canadian UnderwriterReinsurers can expect huge losses from man-made and natural catastrophes, open-ended liabilities like asbestos and terrorism, and developing creative technology solutions to become increasingly important in future, Novarica notes in a new report. The new challenges are in the wake…
Record new Cat bond, ILS issuance in 2016 spurs highest-ever outstanding market size: Artemis.bm
January 3, 2017 by Canadian UnderwriterCatastrophe bonds and similarly structured insurance-linked securities (ILS) deals in 2016 propelled the market to record levels, with the approximately US$7 billion in new issuance resulting in an outstanding market size of US$26.82 billion at year-end, notes the latest edition…
Global, diversified players group of insurers best positioned to withstand industry’s top challenges: S&P Global Ratings
May 16, 2016 by Canadian UnderwriterGlobal, diversified players are the group of insurers best positioned to withstand the industry’s top challenges, Standard & Poor’s Global Ratings said in a report released last week. The report, Global Multiline Insurers’ Diversification Remains A Key Strength Amid Prolonged…