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Aetna, Humana terminate $37bn merger deal American health insurers Humana and Aetna have mutually terminated their merger agreement after a US federal judge blocked the proposed $37bn deal last month on antitrust grounds. General Insurance > Personal Lines > News
Guidewire Software acquires ISCS Guidewire Software has closed its previously announced acquisition of ISCS.
Technology > Technology in Insurance > News Sapiens to buy StoneRiver for $102m Sapiens International has agreed to acquire privately held StoneRiver for nearly $102m in cash, subject to certain adjustments.
Reinsurance > News Aetna, Humana terminate $37bn merger deal By IBR Staff Writer
American health insurers Humana and Aetna have mutually terminated their merger agreement after a US federal judge blocked the proposed $37bn deal last month on antitrust grounds.
General Insurance > Personal Lines > News
Deloitte, Zurich Insurance partner to help customers protect from cyber related risks Deloitte and Zurich North America (Zurich) are partnering to deliver services for their customers to help them better understand and protect themselves from cyber associated risks.
Technology > Technology in Insurance > News Cigna terminates $54bn merger deal with Anthem By IBR Staff Writer
Cigna is scrapping its plan to merge with rival Anthem, and is suing insurer for $13bn in damages because the agreement did not secure approval.
General Insurance > Personal Lines > News D2C channel cited as having growth prospects over next 12 months According to the Global Insurance Industry Survey, conducted by Timetric in May 2016, direct-to-consumer (D2C) was a channel cited as having significant growth prospects over the next 12 months.
Technology > Technology in Insurance > News

Latest News and Insight by Sector

General Insurance

Aetna, Humana terminate $37bn merger deal
By IBR Staff Writer
American health insurers Humana and Aetna have mutually terminated their merger agreement after a US federal judge blocked the proposed $37bn deal last month on antitrust grounds.
General Insurance > Personal Lines > News
Cigna terminates $54bn merger deal with Anthem
By IBR Staff Writer
Cigna is scrapping its plan to merge with rival Anthem, and is suing insurer for $13bn in damages because the agreement did not secure approval.
General Insurance > Personal Lines > News

Life Insurance And Pensions

Sanford Heisler files $50m class action lawsuit against MetLife
Sanford Heisler and Schneider Law Firm have filed a $50m Nationwide class action lawsuit against MetLife in the U.S. District Court for the District of Connecticut for failing to pay overtime.
Life Insurance & Pensions > News
Allianz agrees to buy remaining 33.5% stake in Irish subsidiary
By IBR Staff Writer
Allianz has agreed to buy the remaining 33.5% interest in Irish subsidiary not already owned by Allianz Group.
Life Insurance & Pensions > News

Intermediaries

UK’s FCA unveils supervision plans for insurance linked securities
By IBR Staff Writer
The UK’s Financial Conduct Authority (FCA) has unveiled its proposed approach to authorization and supervision of insurance special purpose vehicles (ISPVs), which will facilitate insurance linked securities (ILS) business.
Intermediaries > Brokerage > News
Clara analytics launches Puma search engine for insurance carriers
Clara analytics, a division of LeanTaaS, has launches PUMA search engine to help insurance carriers reduce workers’ compensation costs.
Intermediaries > Brokerage > News

Reinsurance

Sapiens to buy StoneRiver for $102m
Sapiens International has agreed to acquire privately held StoneRiver for nearly $102m in cash, subject to certain adjustments.
Reinsurance > News
Former AIG CEO agrees to pay $9m to settle accounting fraud case
By IBR Staff Writer
Maurice Hank Greenberg, the former CEO of American International Group, has agreed to pay $9m to settle a 12-year-old accounting fraud case.
Reinsurance > News

Technology

Guidewire Software acquires ISCS
Guidewire Software has closed its previously announced acquisition of ISCS.
Technology > Technology in Insurance > News
Sapiens to buy StoneRiver for $102m
Sapiens International has agreed to acquire privately held StoneRiver for nearly $102m in cash, subject to certain adjustments.
Reinsurance > News

Regulatory & Risk

Guidewire Software acquires ISCS
Guidewire Software has closed its previously announced acquisition of ISCS.
Technology > Technology in Insurance > News
Sapiens to buy StoneRiver for $102m
Sapiens International has agreed to acquire privately held StoneRiver for nearly $102m in cash, subject to certain adjustments.
Reinsurance > News