Russia’s Insurers May Need More State Bailouts, Says Insurance Association Chief April 6, 2018 By Tatiana Voronova and Denis Pinchuk Russia’s banking crisis and a weak economy could spell more trouble for its insurance sector, requiring further state support following...
SoftBank Borrows $8B, Backed by Its Stake in Alibaba, Say Sources April 6, 2018 By Donal Griffin, Ruth David and Dinesh Nair SoftBank Group Corp. borrowed about $8 billion through a margin loan backed by its Alibaba Group Holding Ltd. stake as...
Swiss Re CEO Manages Shareholder Expectations on SoftBank Investment: Opinion April 4, 2018 By Lionel Laurent, Bloomberg View Who wouldn’t want the attention of a billionaire like Masayoshi Son? The SoftBank founder is Japan’s third-richest man, with interests...
Swiss Re Continues Talks with SoftBank Which Seeks Stake of Up to 10% April 4, 2018 By Jan-Henrik Förster and Patrick Winters Billionaire Masayoshi Son’s SoftBank Group Corp. is likely to take a stake of 10 percent or less in Swiss Re...
April Reinsurance Renewals Continue Flat Pricing Seen in January: Willis Re Report April 3, 2018 Reinsurance buyers were able to renew loss-free programs at broadly flat pricing levels during the April 1 renewals – continuing...
SoftBank Edges Closer to Buying Swiss Re Stake, Valued at $9.6 Billion: Sources March 29, 2018 By Manuel Baigorri, Dinesh Nair and Jan-Henrik Förster Swiss Re AG jumped after people familiar with the matter said Japan’s SoftBank Group Corp. is edging closer to buying...
Munich Re Eyes Purchase of London Property, Which Could Become UK HQ: Sources March 15, 2018 By Jack Sidders and Sharon Smyth Munich Re, the world’s largest reinsurer, is in talks to acquire a plot that has approval for one of the...
Gas Trading Platform Pegas Developing Temperature Products to Hedge Weather Risks February 15, 2018 European gas trading platform Pegas said it is developing temperature products, which if approved could go live next year and...
From Bermuda to Switzerland, Reinsurers Lure Variety of Potential Investors February 9, 2018 By Katherine Chiglinsky and Sonali Basak The $500 billion reinsurance industry is experiencing a flurry of deal talks. One reason: Companies are finally for sale as...
Alternative Capital Responds to 2017 Catastrophes with ‘Show of Strength’: Aon Benfield January 11, 2018 By L.S. Howard Hurricanes Harvey, Irma and Maria represented the first real test of the staying power of the alternative capital sector, which...