Fairfax snaps up Tig in $842m deal.
Troubled US reinsurer Tig Re has been swallowed by acquisitive
Canadian financial services group Fairfax in a deal worth $842m.
Tig had been struggling to restructure after running into trouble
reins
Canadian financial services group Fairfax in a deal worth $842m.
Tig had been struggling to restructure after running into trouble
reins
Disappointment in discount rate
Zurich disappointed in new #discountrate. David Nichols, Ch Claims Officer: "The failure to change the discount rate to a balanced level will only serve to increase the cost and, therefore, affordability of certain types of insurance - especially for higher risk customers." pic.twitter.com/ac1CfBzfxX
— Zurich Insurance UK (@ZurichInsUK) July 15, 2019
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