Reinsurance M&A Generally Positive, But Won't Solve Issues: Moody's
Steve Evans - at Seeking Alpha - Thu Apr 09, 9:24PM CDT
Moody's Investor Services has predicted a wave of further merger and acquisition (M&A) activity during 2015, driven by the increasing deterioration of the global reinsurance space. The forecast comes from Moody's latest quarterly newsletter,...
AXS: 52.32 (+0.65), MRH: 39.61 (-0.22), PRE: 118.67 (+1.47), IAK: 49.82 (-0.16), RNR: 102.06 (+1.24), KBWP: 43.95 (-0.01), KIE: 67.85 (-0.04), ENH: 62.25 (+0.19), XL: 37.86 (-0.06), PTP: 76.52 (+0.17), KBWI: 69.57 (-0.07)
Montpelier Up After Agreeing to Endurance Buyout for $1.83B - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Apr 01, 1:10PM CDT
Montpelier Re Holdings Ltd. (MRH) will be acquired by Endurance Specialty Holdings Ltd. (ENH) in a cash-stock consideration of $1.83 billion.
AXS: 52.32 (+0.65), MRH: 39.61 (-0.22), PRE: 118.67 (+1.47), RNR: 102.06 (+1.24), ENH: 62.25 (+0.19), AWH: 41.60 (+0.10), XL: 37.86 (-0.06)
Lancashire Holdings: 9% Hot Pot Dividend Yield And Takeover Target
Edmund Shing - Seeking Alpha - Fri Feb 20, 7:16AM CST
Who's next in the Lloyds insurance serial takeover saga? First Catlin (OTCPK: CLNGF ) is acquired by US reinsurer XL for over 700p per share, then last week Brit (UK code: BRIT.L) accepts a bid from Canadian insurer Fairfax Financial for over...
Apollo Global Management, CVC Capital Sell Brit to Fairfax Financial
at The Street - Tue Feb 17, 10:55AM CST
The majority owners of the specialist insurer have accepted a $1.88 billion buyout offer less than a year after Brit's London IPO.
AXS: 52.32 (+0.65), APO: 21.25 (+0.21), PRE: 118.67 (+1.47), JPM: 61.70 (+0.23), WSH: 49.33 (+0.17), XL: 37.86 (-0.06)
XL Group Eyes Premiere Spot with Catlin Buyout, Shares Gain - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Jan 12, 2:00PM CST
XL Group (XL) inked a deal to buy Catlin Group Limited for about $4.1 billion.
PGR: 26.90 (+0.14), XL: 37.86 (-0.06), HCC: 57.87 (+0.02)
XL Group agrees to purchase Catlin Group in $4.1B deal
Seeking Alpha - at Seeking Alpha - Fri Jan 09, 6:12AM CST
XL: 37.86 (-0.06)
Portfolio Update: The Good, The Bad, The Ugly!
Nick Mackintosh - at Seeking Alpha - Wed Jan 07, 12:04AM CST
BTI: 108.67 (+1.22), CCL: 48.33 (-0.18), DX: 8.17 (+0.03), XL: 37.86 (-0.06), DEO: 113.80 (+0.29), RYAAY: 66.10 (-0.05), BHP: 45.82 (-0.02), SHPG: 248.77 (-5.55), BP: 41.54 (+0.19), AMZN: 382.65 (-0.89), WPPGY: 117.77 (+0.95), UL: 42.87 (-0.11), GSK: 48.23 (+0.51), AZN: 69.91 (-0.25), NGG: 66.41 (-0.09)
Has 2014 Been A Successful Year For My Readers?
Nick Mackintosh - at Seeking Alpha - Fri Dec 26, 5:42PM CST
ARLP: 33.75 (+0.74), GD: 135.91 (+0.13), RTN: 109.96 (-0.05), TUP: 68.77 (-0.79), PKG: 78.75 (+0.47), COH: 43.03 (+0.03), IBM: 162.86 (+0.52), QCOM: 69.16 (+0.35), NGG: 66.41 (-0.09), OXY: 78.45 (+0.62), UNP: 111.42 (+1.63)
Update: Catlin Group Acquisition Woes
Nick Mackintosh - at Seeking Alpha - Sat Dec 20, 3:19AM CST
XL: 37.86 (-0.06)
XL Group faces downgrades on Catlin purchase
Seeking Alpha - at Seeking Alpha - Thu Dec 18, 6:46AM CST
XL: 37.86 (-0.06)
XL Group confirms purchase discussions with Catlin Group
Seeking Alpha - at Seeking Alpha - Wed Dec 17, 8:40AM CST
XL: 37.86 (-0.06)
AmTrust Financial Hits 52-Week High on Inorganic Growth - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Dec 10, 11:00AM CST
On Dec 9, AmTrust Financial Services, Inc. (AFSI) reached a new 52-week high of $56.60 per share, driven by inorganic growth.
SIGI: 28.50 (-0.20), AFSI: 58.32 (-1.02), NAVG: 76.69 (-0.17)