Converium shareholders urged to reject Scor offer
Swiss reinsurer Converium’s board of directors has reiterated its plea to shareholders to reject a hostile takeover bid by French company Scor.
The board’s chairman, Markus Dennler, urged shareholders to place their confidence in its management’s “detailed and credible plan” for sustainable future value creation.
Since Scor acquired a 32.9%
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@postonline.co.uk or view our subscription options here: https://subscriptions.postonline.co.uk/subscribe
You are currently unable to print this content. Please contact info@postonline.co.uk to find out more.
You are currently unable to copy this content. Please contact info@postonline.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@postonline.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@postonline.co.uk
More on Lloyd’s/London
Aviation war market steady but wary of Iran risks
Aviation insurers are seeing fewer notices to clients under war policies than their peers in marine amid the Iran War, according to the International Underwriting Association.
LMA warns safety fears choking Hormuz not insurance
The Lloyd’s Market Association has hit back at ongoing reports vessels are avoiding the Strait of Hormuz due to cancelled or unaffordable insurance.
Testing phase let down Blueprint Two progress
Lloyd’s Market Association operations director, Joe Brace has claimed the inability to get Blueprint Two o the testing phase was one of the contribution factors as to why the project was ultimately shelved.
Tiernan draws line under Lloyd’s culture issues and Blueprint Two
As Lloyd’s announces both profit and GWP growth for 2025, CEO Patrick Tiernan has drawn a line under the culture issues hitting the market recently, as well as the cancellation of Blueprint Two.
Lloyd’s confirms pulling the plug on Blueprint Two
Lloyd’s has today (19 March) confirmed it has decided to “sunset” Blueprint Two.
Lomas teases progress on female underwriting talent pipeline
Mark Lomas, head of culture at Lloyd’s of London, has flagged the market has made progress with the shrinking pipeline of female underwriting talent.
Will young talent vanish from the London market?
The dwindling early career population of the London market has been highlighted as cause for ‘genuine alarm’, so Insurance Post has examined the contributing factors and why it’s important for firms to do something now.
What Zurich buying Beazley means for the market
Editor’s View: Zurich’s £8.2bn swoop for Beazley is a decisive bet on specialty insurance, which Emma Ann Hughes observes widens the gap between the industry’s supermarket giants and the squeezed middle.