Editors' picks for the week include stories on Generali aiming to improve its position through bolt-on acquisitions and Brexit business transfer costing Prudential PLC a hefty sum.
Generali wants to bolster position in Europe with bolt-on M&A, says CEO
Generali is aiming to boost its position in European insurance through bolt-on acquisitions, CEO Philippe Donnet said.
Auto improvements fuel return to profitability for another personal lines mutual
After posting its first sub-100% combined ratio excluding the impact of policyholder dividends in four years, Amica Mutual Insurance Co. is projecting even more favorable results for 2019.
AssuredPartners positioned to handle 'either end' of economic cycle, CEO says
AssuredPartners Inc. saw its private equity backing change hands, but revert to a familiar place when original investor GTCR LLC inked a deal to purchase a controlling stake in the company from Apax Partners LLP. GTCR co-founded Assured in 2011 before selling its stake to Apax in 2015.
£36B Brexit business transfer costs UK's Prudential £27M
Transferring European customer assets to Luxembourg from the U.K. in preparation for Brexit has cost Prudential PLC £27 million, the head of the life insurer's U.K. and European business said.
SEC chairman fine with companies eschewing traditional underwritten IPOs
U.S. Securities and Exchange Commission Chairman Jay Clayton is not going to stand in the way of companies looking to go public through a direct listing, which includes Watford Holdings Ltd.