Reinsurance

Maiden Holdings Ltd proposes sale of inactive unit

Maiden Holdings Ltd:Announces proposed sale of inactive Maiden specialty insurance company to clear blue financial holdings, llc.Says proceeds from this deal are not material to maiden's operations.Transaction has no impact on the A.M. Best A- (positive outlook) financial strength ratings of Maiden,...

Friday, 26 Jun 2015 10:06am EDT

Ray Sigorta AS appoints Koray Erdogan as new CEO as of August 1

Ray Sigorta AS:CEO Mehmet Levent Sismanoglu resigns as of July 31.Appoints Koray Erdogan as CEO as of August 1.

Tuesday, 23 Jun 2015 11:45am EDT

Partnerre Ltd files presentation detailing board's thorough process to reach amalgamation agreement with Axis Capital

Partnerre Ltd:Says that it files presentation detailing board's thorough process to reach amalgamation agreement with Axis Capital.Board's unanimous decision to recommend Axis Capital transaction is result of careful evaluation of strategic alternatives.

Thursday, 18 Jun 2015 07:00am EDT

Munich Re Group confirms FY 2015 earnings forecast, raises FY 2015 gross premiums written outlook

Munich Re Group AG:Group result target for FY 2015 of 2.5 billion euros – 3 billion euros confirmed.Now anticipates that for the financial year 2015 its gross premiums written will be in the range of 49 billion euros –51 billion euros.FY 2015 net result estimate 2.8 billion euros - Thomson Reuters...

Wednesday, 6 May 2015 08:00pm EDT

Hannover Rueckversicherung confirms FY 2015 profit guidance

Hannover Rueckversicherung AG:Confident of achieving its profit guidance in the order of 875 million euros for full 2015 financial year.

Wednesday, 6 May 2015 01:00am EDT

Partnerre reaffirms its commitment to the merger with AXIS Capital

Partnerre Ltd:Has rejected the unsolicited proposal by EXOR S.p.A. to acquire PartnerRe at price of $130 per share.The Company further reaffirmed its commitment to the planned merger with AXIS Capital Holdings Limited.Announces enhanced merger terms that allow PartnerRe to pay a one-time special...

Monday, 4 May 2015 06:30am EDT

Vietnam National Reinsurance appoints new chairman

Vietnam National Reinsurance Corp:Le Song Lai appointed new chairman, effective July 1.

Thursday, 23 Apr 2015 04:10am EDT

EXOR SpA launches 6.4 billion dollars offer to buy US PartnerRe Ltd

EXOR SpA:Offers 6.4 billion dollars to Acquire PartnerRe.Offers 130 dollars per PartnerRe share.Offer is all cash.Offer to be funded through cash available, term loan, bridge financing.Offer does not require capital increase.

Tuesday, 14 Apr 2015 11:33am EDT

Vietnam National Reinsurance's chairman to retire

Vietnam National Reinsurance Corp:Trinh Quang Tuyen is to retire as chairman on July 1.

Friday, 20 Mar 2015 03:48am EDT

Vietnam National Reinsurance sets FY 2014 dividend and gives FY 2015 outlook

Vietnam National Reinsurance Corp:To pay FY 2014 dividend at the rate of 15 pct.Sees total revenue of 2,182 bln dong and pretax profit of 250 bln dong for FY 2015.

Friday, 20 Mar 2015 03:48am EDT

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