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Enhancing Altrisk’s reputation: a major achievement for Blain

10 July 2014 | Hollard Life

FAnews chatted to Michael Blain about the announcement of his resignation from Altrisk.

Alexander Forbes publishes details of its listing following announcement to float shares on the exchange operated by JSE

10 July 2014 | Alexforbes (was Alexander Forbes)

• Alexander Forbes shares expected to be listed and start trading on the exchange operated by JSE on 24 July 2014 • Shares are only offered to institutional and other selected investors. The offer is not open to the public • Offer price range set at R6.90 – R8.05 per Alexander Forbes ordinary share • Alexander Forbes to raise R330 million primary capital through the issue of 44.1 million new shares (assuming an offer price at the mid-point of the offer price range) • Selling Shareholders to offer 387.8 million existing ordinary shares (assuming an offer price at the mid-point of the offer price range), excluding an over-allotment option of up to 15% of the offered shares • Mercer to acquire 14.9% of the ordinary shares of Alexander Forbes at listing and an additional 19.1% (both tranches subject to regulatory approvals and certain other conditions) from existing shareholders at the offer price if the offer prices within the range of R7.21 to R8.05 per share or at a price which will represent up to a 2% premium to the offer price if the offer prices within the range of R6.90 to R7.21 per share • Listing on 24 July 2014 enables continuity of both the Group’s business strategy and the Alexander Forbes brand

Zurich announces the successful placement of CHF 600 million senior debt

09 July 2014 | Bryte Insurance

Zurich Insurance Group (Zurich) today announced the successful placement of CHF 600 million of senior unsecured notes in three tranches.

New Swiss Re SONAR report investigates emerging risks for the insurance industry

08 July 2014 | Swiss Re

• SONAR report highlights 26 new emerging risks from an insurance perspective • Report looks at impact of such potential issues as cloud computing security or the way that air pollution affects mortality trends • Report draws on both Swiss Re's own expertise and partner initiatives

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