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Latest Capital Raising News

Lloyd's issues new £300m bond

The Lloyd's bond issuance, boosting its Tier 2 capital, reinforces a trend among European re/insurers for increasing use of debt financing.

Insurance charity raises over £10,000

The London Branch of the Insurance Industry Charitable Foundation raised over £10,000 ($11,500) for local schools at its first benefit dinner.

GS Capital Partners prepares Hastings exit

Hastings Insurance could be in line for a near £1bn flotation later in the year, which would profit backers Goldman Sachs and Neil Utley.

Charles Taylor updates on rights issue

UK-based Charles Taylor said this morning that it would not be pursuing a life deal that it referred to in its March 18 release announcing a rights issue, but that it was contemplating other acquisitions in the £5m to £10m range.

Steadfast completes stage one of share issue

Australian broker and agency network Steadfast has completed the first stage of its share issue.

QBE raises cash through Australian sales

Australia’s largest insurer QBE has divested three agency businesses to a smaller rival to safeguard its recent US expansion and consolidate the group’s capital.

Chinese insurers get junior debt rights

Chinese insurers are to be allowed to sell junior bond debt on the interbank market.

QBE to sell NA agency businesses

QBE is to sell its North American agency businesses to Alliant Insurance Services for an ultimate price, including earn-out of about $300m

AIG issues 40-year debt

AIG has returned to the debt market with a 40-year debt offer

Interviews

INTERVIEW: Stefan Lippe's quick turnaround

Stefan Lippe has overseen a rapid turnaround at Swiss Re. But he still has much work to do to pay back a capital injection from Warren Buffett, convince rating agencies it deserves to be in the double-A range, and win back the confidence of clients and shareholders.

Latest Issue

November 2018

 

In this month's Reactions

  • Mike McGavick interview
  • Baden Baden roundup
  • SIRC roundup
  • PCI roundup
  • Reactions North American Conference 
  • Reactions North American Awards
  • Aerospace 1/1 renewals
  • Solar power reinsurance

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