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LONDON (Bloomberg) — China’s biggest industrial companies want to buy insurers in 2016 as they seek to grow outside Asia as the domestic economy slows and falling insurance rates prompt more firms to do deals, according to Willis Towers Watson Plc. “...

The number of mergers and acquisitions using private-equity investment in Bermuda has rocketed to $3.3 billion, according to a new report. The deals included one of the top five offshore investments of the year — a $1.5 billion purchase of a minority...

Recent moves by leading global law firms to set up offices in Bermuda mark something of a watershed for our jurisdiction. Bermuda has been renowned for its strength and depth with regard to quality lawyers, however, it has not always been heralded fo...

Dear Sir, This letter is prompted by the report (September 22) that the local law firm Hurrion had merged with the international law firm Harneys. The question whether the Bermuda Government should permit foreign law firms to practice Bermuda law ...

The number of mergers and takeovers in Bermuda jumped by nearly half in the second quarter of this year. The 50 per cent spike in the second quarter compared to the first part of the year represented 127 deals. A report by legal firm Appleby in its O...

A boom in mergers and buyups in the reinsurance industry is set to continue into next year. Ratings agency Standard & Poor’s said that companies would continue to combine to prow business and demands for greater scale from clients. A report by Standa...

NEW YORK (Bloomberg) — Evan Greenberg just took deal-making to the next level. The chief executive officer of property-and-casualty insurer Ace Ltd on Wednesday announced a $28 billion deal for rival Chubb Corp. It’s the biggest acquisition in the in...

Two firms with a Bermuda presence are to merge in an $8.7 billion deal. Insurance and reinsurance broker Willis Group Holdings is to join forces in an all-stock transaction with professional services firm Towers Watson to add consulting operations an...

If Axis and PartnerRe realise their merger plans, the combined company will return $750 million to shareholders following the proposed merger. That number was detailed in an investor presentation filed with US financial regulator the Securities and E...

Bermuda-based Hamilton Insurance Group has broken into the massive Lloyd’s of London market with its latest acquisition. The firm’s deal to take over Sportscover Underwriting Ltd — a Lloyd’s managing agent for Syndicate 3334 and Kinetic Brokers, a Ll...

Allied World Assurance Company Holdings has completed the acquisition of the Hong Kong and Singapore operations of Royal & Sun Alliance Insurance plc (RSA). The Swiss-based insurer, which was one of the Class of 2001 companies to launch in Bermuda i...