Market divided on insurer mergers

jigsaw-hands-sharing

Brokers have predicted more insurance mergers but remain unconcerned by the changes following two major takeovers in the market this year.

On 10 June Tokio Marine Holdings (TMHD) bought HCC Insurance Holdings in a deal worth $7.5bn (£4.85bn). In January XL Group agreed to pay £2.79bn for Catlin and the two companies have now started merging into XL Catlin. 

Howard Lickens, chief executive officer at Clear Insurance Management, pointed out that there was so much choice in the market that a little

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: