Monday Morning Headlines

Monday Morning Headlines are compiled by SNL Insurance and produced by WRIN.tv as a weekly video digest of the news making headlines in the U.S. Insurance industry. 

In this edition of Monday Morning Headlines:

 

BONUS Stories:

MetLife submitted comments to the Fed as part of a request for information for a quantitative impact study to evaluate the potential effects of a regulatory capital framework on certain insurers, including SIFIs. The comments are confidential, but an October meeting between Fed staff and MetLife executives on capital standards could provide a window into the newly designated SIFI’s perspective on capital standard structures for insurers.

Shanghai-based Fosun International will acquire Michigan-based P&C insurer Meadowbrook Insurance Group for $8.65 per share in cash, representing an aggregate transaction value of about $433 million. The deal represents a substantial premium to the price of Meadowbrook’s stock, which jumped in response.

SNL Insurance is a premier provider of insurance news, data and analysis. For more information about SNL’s insurance news coverage, visit the SNL Insurance website.

 

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