Amlin PLC's $5.3 billion takeover by a Japanese competitor has put the remaining four publicly traded Lloyd's of London insurers in the spotlight for a possible takeover. Beazley PLC, Hiscox Ltd., Lancashire Holdings Ltd. and Novae Group PLC all rallied in London trading after MS&AD ...
Mitsui Sumitomo Insurance to buy British insurer Amlin for ¥635 billion
Mitsui Sumitomo Insurance Co. said Tuesday that it will buy Britain's nonlife insurer Amlin PLC for around ¥635 billion, as it pursues global expansion in the face of a shrinking domestic market. The deal will make Amlin a wholly owned subsidiary of Mitsui Sumitomo Insurance, ...
