UK Watchdog Set to Ease Insurance Rules for Large Companies May 14, 2025 By Leonard Kehnscherper The UK markets watchdog is planning to pare its rules on how insurers can sell policies to large companies, the...
Zurich Buys Stake in UK M&A Insurer to Fuel US, Europe Expansion April 1, 2025 By Leonard Kehnscherper Zurich Insurance Group has agreed to acquire a minority stake in Icen Risk, a company that specializes in insuring mergers...
Allianz Global Investors Says It Is Cutting Some Roles March 26, 2025 By Stephan Kahl and Leonard Kehnscherper Allianz Global Investors, the smaller of the two asset managers owned by German insurance giant Allianz SE, is cutting some...
Ardonagh Set to Raise Up to $2.5 Billion to Fuel Expansion Spree March 26, 2025 By Leonard Kehnscherper Ardonagh Group Ltd. is nearing a deal to raise as much as $2.5 billion from investors to help fuel the...
Howden Said in Talks to Buy Insurance Broker Risk Strategies January 31, 2025 By Gillian Tan and Leonard Kehnscherper Howden, one of the world’s largest closely held insurance brokers, is in talks to acquire Risk Strategies, according to people...
Ardonagh Reaches $14 Billion Valuation With Stone Point Investment December 18, 2024 By Leonard Kehnscherper Ardonagh Group has secured new investment from Stone Point Capital, almost doubling the valuation of the UK insurance broker to...
Aviva CEO Amanda Blanc Conquers Detractors and Direct Line December 6, 2024 By Pamela Barbaglia and Leonard Kehnscherper Amanda Blanc is determined to steer Aviva Plc to one of the biggest takeovers in its history, a highlight in...
Aviva Reaches Initial £3.6 Billion Deal to Buy Direct Line December 6, 2024 By Pamela Barbaglia, Dinesh Nair, Aaron Kirchfeld and Leonard Kehnscherper Aviva Plc reached a preliminary agreement to buy Direct Line Insurance Group Plc for £3.6 billion ($4.6 billion) in a...
Private Equity Tie-Ups With Insurers Create Risks, BOE Says December 2, 2024 By Greg Ritchie, Laura Noonan and Leonard Kehnscherper Private equity’s advance into the insurance sector exacerbates the risk of “fire sales” that disrupt the functioning of financial markets,...
UK Watchdog Aims to Improve Whistleblower Procedures After Backlash May 5, 2023 By Leonard Kehnscherper Britain’s markets watchdog is aiming to improve its procedures for finance workers who report on suspected wrongdoing after finding that...