The ratings were withdrawn following the announcement of the Guam-headquartered insurer's sale to Calvo Enterprises Inc. and TMPI's subsequent request to be excluded from the rating process.
Hewitt, a veteran of the legal industry, will lead BMS Group's operations in Japan as the firm aims to establish itself amid the surge in Japanese M&A insurance market
The Japanese insurer is understood to be targeting large South Korean insurers interested in expansion, though reports in Malaysia suggest other Japanese insurers might be inte
Gallagher continues its Oz expansion with the acquisition of Darwin-based Insurance Risk Solutions, who specialise in transport, agri, pastoral, and horticultural insurance.
The Australian Competition and Consumer Commission recognised Suncorp would benefit from focusing on insurance, but denied the acquisition due to concerns over increased mortgage rates and weakened competition...
Goldman Sachs is understood to be gathering indicative bids based on the insurer's projected earnings, which may price local players out of the market.
