Property & Casualty Insurance

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W. R. Berkley Corp combines U.S. broker market reinsurance units

Monday, 30 Mar 2015 02:20pm EDT

W. R. Berkley Corp:Says combination of its U.S. broker market reinsurance units, Berkley Re America and Facultative ReSources, into a single operating unit that will trade under Berkley Re America name.

MPHB Capital Bhd's subsidiary disposes 49 pct stake in Multi-Purpose Insurans Bhd to Generali Asia N.V

Wednesday, 17 Dec 2014 07:00pm EST

MPHB Capital Bhd:Says its subsidiary Multi-Purpose Capital Holdings Berhad enters into a conditional share purchase agreement (SPA) with Generali Asia N.V. for the disposal of 49 pct stake in Multi-Purpose Insurans Bhd (MPIB) for a cash consideration of about 355.8 mln ringgit.MPCHB has also, on even date, entered into a call and put option agreement with Generali Asia for the grant by MPCHB of call and put options to Generali Asia.Transactions expected to be completed by early 2015.

Euler Hermes completes legal restructuring into single Belgian risk carrier

Tuesday, 4 Nov 2014 11:45am EST

Euler Hermes SA:Completes legal restructuring into single Belgian risk carrier.Completed rationalization of its legal structure by merging two of its main remaining insurance companies -located in France and Germany - into its risk carrier in Belgium, Euler Hermes SA.Says entity is supervised by National Bank of Belgium.

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Provider: Renaissance Capital
$92.00
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$10.00
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$10.00
Provider: GlobalData
$125.00
Provider: Wright Reports
$75.00

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