Post content editor Jonathan Swift looks at past aborted insurance bids and talks to consider whether a deal between Aon and Willis Towers Watson is dead, or merely on ice for now
Axis Capital's insurance segment saw fourth quarter gross written premiums increase 47%, bolstered by the group’s acquisition of London market carrier Novae.
Global (re)insurer Axis has set-up a global underwriting and analytics division.
Axis Capital estimates it will take a $130m hit as a result of fourth quarter catastrophe and weather-related losses.
Axis Capital has initiated plans to consolidate its Lloyd’s business into Axis Syndicate 1686.
George Chapman, in charge of fund and institutional sales at Afex, explains how insurers can manage currency risks after the fall in sterling following the UK's vote to leave the European Union.
The number of independent Lloyd’s listed carriers is dwindling. What will happen if the last players are swept up?
European political instability and financial regulations are pushing demand for trade credit cover, especially from banks that are keen on optimising their capital.
Axis has completed its acquisition of Novae, which will be merged into the Bermudan-insurers brand.
AIG has named former Novae chief financial officer Charles Fry as head of reinsurance, operations and transformation.
Axis has announced the timeline for its £468m acquisition of Novae.
Fiducia MGA has launched an engineering facility with capacity provided by Lloyd’s syndicate Novae.
Ian Burford is joining Fidelis’ London underwriting team as chairman of specialised risks.
Novae shareholders have overwhelmingly accepted a £477.6m takeover by Axis Capital with approximately 99.97% of shareholder votes cast in favour of the proposal.
Axis has improved its cash offer to acquire Novae to 715 pence per share valuing the Lloyd’s listed insurer at approximately £477.6m.
The boards of Novae and Axis have agreed the terms of sale that will see the Bermuda-based reinsurer take over the Lloyd’s carrier.
In its first set of results since being acquired by Axis, Novae has revealed that its combined operating ratio deteriorated 5.9% over the past year, from 95.7% to 101.6% in H1 2017.
The Italian insurance regulator has placed broker Ariscom into special measures.
Axis Capital Holdings has received final approval from the UK’s regulators and Lloyd’s to launch its own Lloyd’s managing agent.
Axis Capital has made an offer to buy Lloyd’s insurer Novae for £467.6m.
The 'Diversity Dividend' is the theme of the third edition of the Dive In festival taking place in September.
The majority of the Post team started the week as ‘virgins’ of the British Insurance Brokers’ Association annual conference. This morning, I see most of them have the same look in their bloodshot eyes. War veterans call it the thousand-yard stare.
Lloyd's specialist insurer Novae is reshaping its business as it expects a full year combined operating ratio above 100% for the full year.
Novae has appointed Steven Burns as an independent non-executive director, to take effect from 31 March 2017.