Greenlight Capital Re Ltd., the reinsurer that counts on hedge fund manager David Einhorn to oversee its investment portfolio, reached a deal to expand in Europe and Asia as the company seeks to improve underwriting.
For European insurers frustrated that "cyber crime" policies have so far failed to find a ready market among sceptical companies, hope may be at hand.
The president-elect of Tokio Marine Holdings Inc, Tsuyoshi Nagano, says that Japan's largest property-casualty insurer by market value will continue to aggressively pursue overseas acquisitions amid weak growth prospects at home.