Property & Casualty Insurance

Page 1

Unico Sigorta AS corrects squeeze-out price for Kibele B.V at 4.02890 lira/SHR

Monday, 2 Nov 2015 08:17am EST

Unico Sigorta AS:Tee squeeze-out price for each lot of share was calculated mistakenly as 4.0273 lira and such price shall be corrected to 4.0289 lira.Kibele B.V shall use squeeze-out rights on the basis of 4.0289 lira and the total squeeze-out amount which was blocked at the special account will be increased by 608.49 lira.Unico Sigorta applied to the Capital Markets Board of Turkey on August 31 for the cancellation of the shares of shareholders excluding Kibele B.V.

Genworth Financial Inc enters into agreement to sell European Mortgage Insurance Business to AmTrust Financial Services Inc

Tuesday, 27 Oct 2015 07:30am EDT

Genworth Financial Inc:Says Genworth Mortgage Insurance Corporation, a wholly-owned indirect subsidiary of company, has entered into an agreement to sell its European mortgage insurance business to AmTrust Financial Services Inc. that is expected to result in net proceeds of about $55 million.Proceeds will provide additional capital credit to GMICO under the private mortgage insurer eligibility requirements.Transaction is expected to close in the first quarter of 2016.

Alleghany Corp announces acquisition by Kentucky trailer

Tuesday, 6 Oct 2015 09:00am EDT

Alleghany Corp:Announces acquisition by Kentucky trailer.Alleghany capital corporation says unit, r.c. tway company, llc has acquired smit Mobile equipment b.v. and smit Mobile equipment ltd.

Sompo Japan Nipponkoa Holdings, Inc to fully acquire Watami no KAIGO from WATAMI

Friday, 2 Oct 2015 04:00am EDT

Sompo Japan Nipponkoa Holdings, Inc:To acquire 64,429 shares (100 pct voting rights) in Tokyo-based company Watami no KAIGO from WATAMI.Transaction amount expected at 21,000 mln yen.Planned effective Dec. 1.

Travelers Companies' Joint Venture with J. Malucelli Completes Acquisition of Majority Interest in Colombian Surety Start-Up

Wednesday, 30 Sep 2015 04:15pm EDT

Travelers Companies:Says its joint venture with J. Malucelli in Brazil has completed the acquisition of a majority interest in Cardinal Compañía de Seguros, a Colombian start-up surety provider.Says business, which will continue to be based in Bogotá, will now operate under the co-branded name J. Malucelli Travelers. Terms of the transaction were not disclosed.

Heritage Insurance Holdings, Inc to acquire zephyr insurance company

Tuesday, 29 Sep 2015 08:30am EDT

Heritage Insurance Holdings, Inc:To acquire zephyr insurance company; expands operations to Hawaii.Deal for about $120 million.Says all-cash transaction is expected to close in the fourth quarter of 2015.Expects the acquisition to be immediately accretive to earnings per share.Says intend to fund this transaction with current capital.Expect deal will be immediately accretive to earnings, book value, and return on equity.

XL Group plc acquires New Energy Risk

Tuesday, 29 Sep 2015 08:00am EDT

XL Group plc:Says XL Innovate, the venture capital initiative sponsored by the company, has acquired all of the shares of New Energy Risk, Inc.

United Insurance Holdings Corp to Acquire Interboro Insurance Company

Monday, 28 Sep 2015 09:00am EDT

United Insurance Holdings Corp:To acquire interboro insurance company.Deal for $57 million.To acquire about $55.0 million of homeowners' insurance gross written premium volume in new york,south carolina.Says upc insurance will pay $48.5 million of cash at closing and issue $8.5 million promissory note to parent.Upc insurance is being advised in this transaction by raymond james & associates.Has entered into stock purchase agreement with interboro, llc to acquire interboro insurance company.

AmTrust Financial Service announces agreement to acquire Republic Companies, Inc

Sunday, 27 Sep 2015 04:00pm EDT

AmTrust Financial Service:Entered into an agreement to acquire Republic Companies, Inc and its affiliates from Delek Group Ltd and Republic Insurance Holdings, LLC., for approximately $233 million.Purchase price will be a combination of $113 million in upfront cash, a $105 million note issued by AmTrust to Delek Group Ltd bearing annual interest of 5.75% with a four year maturity and cash payments to be made over five years.

Aseguradora Magallanes Peru SA Compania de Seguros to acquire HDI Seguros

Wednesday, 23 Sep 2015 10:48am EDT

Aseguradora Magallanes Peru SA Compania de Seguros:Approved with 99.8225 pct votes acquisition of HDI Seguros.Shareholders who want to withdraw their shares from the offer will obtain 128.0419 pesos per share.


  • Sectors
  • U.S.
  • Europe
  • Asia

Sector Summary

Analyst Research

Report Title Price
Provider : Renaissance Capital
Provider : Banorte-Ixe
Provider : Edison Investment Research
Provider : Zacks Investment Research Inc.
Provider : GlobalData

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.