(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
Malibu Life Holdings Ltd - Grand Cayman-based life and annuity reinsurance - Seeks to raise up to USD125 million from the sale of 8.6 million new shares at USD14.50, to fund growth of the company's reinsurance and direct origination platform. Malibu Life on Friday says about USD109 million already has been conditionally placed with institutional and other investors. Malibu Life took its current form in September last year from the reverse takeover of Malibu Life Reinsurance SPC by Third Point Investors Ltd. Early last month, Malibu Life closed the acquisition of TruSpire Retirement Insurance Co, which will be rebranded as Malibu Life USA. The fresh cash will be used to scale the company's reinsurance operations while preserving capital adequacy. Read More
(Alliance News) - Malibu Life Holdings Ltd on Thursday said it has closed the acquisition of TruSpire Retirement Insurance Co, which will be rebranded as Malibu Life USA. Read More
Malibu Life Holdings Ltd - Cayman Islands-based life and annuity reinsurer with substantial assets invested through Third Point Offshore Fund Ltd - Appoints Todd Shriber as chief executive officer, effective from July 20, succeeding Gary Dombowsky who will step down as CEO that day. Outgoing CEO Dombowsky will continue to serve on the board of Malibu Life Reinsurance SPC as a non-executive director and as a senior advisor to the business. Incoming CEO Shriber has 25 years of financial services leadership experience, joining from Prudential Financial Inc where he recently served as chief operating officer and head of strategy for the firm's Global Retirement and Insurance businesses. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued from April 20 to April 24 and not separately reported by Alliance News: Read More
(Alliance News) - Malibu Life Holdings Ltd on Tuesday said it has appointed Robert Pavleszek as its chief operating officer, as its predecessor Robert Hou moved to the post of head of insurance. Read More
Malibu Life Holdings Ltd - Cayman Islands-based life and annuity reinsurance investor via Third Point Offshore Fund Ltd - Non-Executive Director Liad Meidar buys 40,000 shares via Gatemore Special Opportunities Master Fund Ltd at USD17.97 and USD18.00, worth USD719,650, on Wednesday and Thursday last week and Monday this week. Read More
Malibu Life Holdings Ltd - Feeder fund that invests in the Third Point Offshore Fund - Chair Dimitri Goulandris buys 2,500 shares at USD20.50 each, worth USD51,250, on Thursday. Non-Executive Director Richard Boleat buys 1,200 shares at USD19.99 each, worth USD23,992.80, also on Thursday. Non-Executive Director Rupert Dorey buys 4,249 shares at USD20.00 each, worth USD84,980, on Thursday, and a further 751 shares at USD20.50 each, worth USD15,395.50, on Friday. Read More