Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

International

M&As among smaller insurers likely to gather speed: Catlin chief

February 12, 2015 Reprints

Catlin Group Ltd. chief executive Stephen Catlin has said that the number of mergers and acquisitions among smaller insurers is likely to gather speed, reports Bloomberg.

Insurers with market value of less than $5 billion "are going to be scratching their heads as what to do next," said Mr. Catlin. Ireland-based insurer XL Group agreed to buy Catlin Group in January for around £2.8 billion ($4.26 billion).

1. Munich Re names new regional chiefs
2. Tornado causes massive industrial destruction
3. Private equity firm to sell stake in Korean insurer for $1.4 billion
4. Volcanic eruption triggers tsunami alert
5. Pharmacy chain shuts stores due to cyber attack
6. Storm, flood losses to reach hundreds of millions

Help

M&As among smaller insurers likely to gather speed: Catlin chief

Readers Poll

Most Read in International

Sign up now for free access to this article and much more.

If you are already registered with Business Insurance, click here to Login

Please tell us a bit more about yourself in order to continue

About

Advertise

Reprints and Licensing

Resources