XL pays $600m for Winterthur.
Bermudian (re)insurer XL Capital is to expand significantly its
property and casualty business with the acquisition of Winterthur
International.
XL will pay $600m in cash for Winterthur International
property and casualty business with the acquisition of Winterthur
International.
XL will pay $600m in cash for Winterthur International
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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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