| BestWire Services
American International Group Inc. said it has not changed its position on the divestment of its Taiwanese life subsidiary Nan Shan Life Insurance Co. Ltd., following the rejection of Taiwan's regulator on the sale to a Hong Kong-based consortium.
| PR Newswire
BETHESDA, Md., Sept. 8 Robert L. Johnson, founder and chairman of The RLJ Companies, has entered into an equity arrangement with AV International, LLC, a minority business insurance firm providing services for state government, municipal and corporate clients. The initial focus is on expanding AVI's reach and capabilities in the stop-loss market.
| PR Newswire
BIRMINGHAM, Ala. and AUSTIN, Texas, Sept. 1 ProAssurance Corporation and American Physicians Service Group, Inc. today announced they have entered into an agreement which calls for ProAssurance to acquire all the outstanding shares of American Physicians Service Group, Inc. in an all-cash transaction for $32.50 per share.
| BestWire Services
Mergers and acquisition activity remains relatively low-level in the global reinsurance industry, but future deals will likely be made to better compete for casualty business, which requires a stronger balance sheet, a panel of reinsurance experts said.
