Tag archive for ‘Bermuda’
By businessnewstoday On Saturday, August 8th, 2020

Third Point Re to acquire rival reinsurer Sirius Group for $788m

(adsbygoogle = window.adsbygoogle || []).push({}); Third Point Re, Sirius merger : Bermuda-based specialty property and casualty reinsurer Third Point Reinsurance (Third Point Re) has signed a cash More...

By businessnewstoday On Friday, July 17th, 2020

Amynta Group acquires surety business of Aspen Insurance

Amynta Group, a New York-based warranty company, has acquired the surety business of Bermuda-based insurance company Aspen Insurance for an undisclosed price. The acquired business will be renamed as Amynta Surety More...

By businessnewstoday On Thursday, May 28th, 2020

Monument Re wraps up acquisition of Bermuda-based GreyCastle

Monument Re, a Bermuda-based life reinsurance and insurance holding company, has wrapped up its previously announced acquisition of GreyCastle and its subsidiaries, which include GreyCastle Life Reinsurance (SAC) More...

By businessnewstoday On Saturday, April 11th, 2020

Hong Kong reinsurer Peak Re to acquire ILS asset manager Lutece

Peak Re acquisition of Lutece : Peak Reinsurance (Peak Re), a Hong Kong-based reinsurance company, has signed a deal to acquire Bermuda-based insurance-linked securities (ILS) asset manager Lutece and its subsidiary More...

By businessnewstoday On Saturday, February 15th, 2020

Arch Re set to take majority stake in Precision Marketing Asia Pacific

Arch Reinsurance (Arch Re) has agreed in principle to acquire a majority stake in Australian marketing solutions company Precision Marketing Asia Pacific (PMAP) for an undisclosed price. Precision Marketing Asia More...

By businessnewstoday On Wednesday, October 2nd, 2019

Assured Guaranty completes $160m acquisition of BlueMountain Capital

Assured Guaranty, Bermuda-based financial guaranty insurance company, said that its subsidiary Assured Guaranty US Holdings (AGUS) has completed its previously announced $160 million acquisition of BlueMountain More...

By businessnewstoday On Saturday, September 7th, 2019

Markel launches new retrocessional ILS fund manager Lodgepine Capital

US insurance holding company Markel has launched Lodgepine Capital Management – its new retrocessional insurance linked securities fund manager (retrocessional ILS fund manager) in Bermuda, along with a reinsurance More...

By businessnewstoday On Tuesday, March 6th, 2018

Axa to acquire XL Group for $15.3bn to create P&C insurance giant

Axa acquisition of XL Group : French insurance company Axa has made a mega deal of $15.3 billion to acquire Bermuda based insurance and reinsurance company XL Group to become the global leader in property and casualty More...

By businessnewstoday On Sunday, January 7th, 2018

Brookfield to buy nuclear power company Westinghouse Electric from Toshiba

Energy acquisition news : Brookfield Business Partners alongside its institutional partners has struck a deal to acquire bankrupt US-based nuclear power company Westinghouse Electric Company from Japanese conglomerate More...