In preparation for rules requiring the bank to hold more capital, Goldman Sachs Group is looking to sell a majority...
Business Moves
Markel, Alterra Specialty insurer Markel Corp. agreed to acquire Alterra Capital Holdings Ltd. for $3.1 billion in cash and stock...
EPIC, Homeplace Edgewood Partners Insurance Center entered into an agreement to acquire Ontario, Calif.-based Homeplace Insurance Brokers Inc. The Ontario...
China’s insurance regulator is seeking more information from Ping An Insurance after reviewing HSBC’s planned sale of its $9.4 billion...
Peak Reinsurance Company Limited formally announced that it has opened for business. The new reinsurer, established to capture the growing...
The UK’s BMS Group, an independent global broker, has announced the opening of its Sydney office, which it said “marks...
Zurich Insurance reported continued progress in its strategy to exit non-core businesses with two “key milestones” aimed at concentrating its...
UK-based RSA announced that a subsidiary, Sun Alliance Insurance Overseas Limited, and Maduro & Curiel’s Bank N.V. “have reached a...
Bermuda-based PartnerRe Ltd. announced a definitive agreement to acquire California-based Presidio Reinsurance Group, a U.S. specialty accident and health reinsurance...
American International Group may raise as much as $6.5 billion from the sale of its remaining stake in AIA Group...