Recognising that size matters in catastrophe reinsurance, Validus Re continues to build its business and, with its acquisition of Flagstone Re, aims to matter more to clients and offer them greater capacity as it expects to have more than US$5 billion of capital under its belt once the deal is completed, says Mr Ed Noonan, Chairman & CEO of Validus Holdings.
By Manuelita Contreras
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On a visit to Asia to mark the establishment of its first full-service branch in Singapore, Mr Gerry Grimstone, Chairman, and Mr Nathan Parnaby, CEO, Asia & Emerging Markets, of Standard Life plc say despite the projections of slowdown in Asia, the party has just begun, and the group will accelerate its access to the high-growth, high-value markets within Asia and emerging markets.
By Benjamin Ang
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