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California insurance regulator urges to halt $37bn Aetna-Humana deal California's insurance commissioner Dave Jones has recommended the US Justice Department to halt Aetna’s proposed $37bn acquisition of health insurer Humana. General Insurance > Personal Lines > News
FAST and Insurance Technologies partner for industry advancement By IBR Staff Writer
FAST, a leading provider of componentized software for the life and annuity industry, and Insurance Technologies, a prominent provider of sales automation software for the financial services industry, announced a strategic partnership between the two organizations.
General Insurance > Commercial lines > News XL Group shareholders approve redomestication to Bermuda from Ireland By IBR Staff Writer
XL Group announced that its ordinary shareholders have approved a scheme of arrangement that will change the place of incorporation of the ultimate parent holding company to Bermuda from Ireland.
General Insurance > Commercial lines > News California insurance regulator urges to halt $37bn Aetna-Humana deal By IBR Staff Writer
California's insurance commissioner Dave Jones has recommended the US Justice Department to halt Aetna’s proposed $37bn acquisition of health insurer Humana.
General Insurance > Personal Lines > News
MiddleOak selects Guidewire system for billing management By IBR Staff Writer
MiddleOak, a provider of Commercial Specialty insurance, and Guidewire Software, Inc. (GWRE), a provider of software products to P/C insurers, announced that MiddleOak® has selected Guidewire BillingCenter®to manage the company’s billing operations.
Technology > Technology in Insurance > News Energi establishes value-added wholesale insurance division By IBR Staff Writer
Energi Insurance Services, an operating entity of Energi, has established a wholesale insurance division in order to provide superior service to its partner independent insurance agents and brokers.
General Insurance > Commercial lines > News Selective adds new watercraft coverage enhancements By IBR Staff Writer
Selective Insurance Company of America, a subsidiary of Selective Insurance Group, Inc. (SIGI), has launched new insurance coverage for personal watercraft and watercraft equipment, including discounts and options for enhancements.
General Insurance > Commercial lines > News

Latest News and Insight by Sector

General Insurance

FAST and Insurance Technologies partner for industry advancement
By IBR Staff Writer
FAST, a leading provider of componentized software for the life and annuity industry, and Insurance Technologies, a prominent provider of sales automation software for the financial services industry, announced a strategic partnership between the two organizations.
General Insurance > Commercial lines > News
XL Group shareholders approve redomestication to Bermuda from Ireland
By IBR Staff Writer
XL Group announced that its ordinary shareholders have approved a scheme of arrangement that will change the place of incorporation of the ultimate parent holding company to Bermuda from Ireland.
General Insurance > Commercial lines > News

Life Insurance And Pensions

Japan’s Dai-ichi Life agrees to acquire more stake in Indian insurance JV
By IBR Staff Writer
Japan-based Dai-ichi Life Insurance has entered into an agreement to acquire another 18% stake in its Indian joint venture (JV) Star Union Dai-ichi Life from Bank of India.
News
Voya Financial adds new series of fixed indexed annuities to its broad suite of retirement solutions
By IBR Staff Writer
Voya Financial announced that it has expanded its suite of fixed index annuity products by introducing a new family of solutions aimed at helping individuals grow and protect their savings — while generating guaranteed retirement income.
Life Insurance & Pensions > News

Intermediaries

Arthur J. Gallagher & Co buys Wisconsin brokerage services provider
By IBR Staff Writer
Insurance brokerage and risk management services firm Arthur J. Gallagher & Co has acquired The Buchholz Planning (BPC) for an undisclosed sum.
Intermediaries > Brokerage > News
Arthur J. Gallagher & Co acquires KRW Insurance Agency
By IBR Staff Writer
Arthur J. Gallagher & Co (AJG) announced the acquisition of KRW Insurance Agency, Inc. located in Crystal Lake, Illinois.
Intermediaries > Brokerage > News

Reinsurance

Nassau Reinsurance acquires Phoenix for $217m
By IBR Staff Writer
Nassau Reinsurance Group Holdings has completed the acquisition of US-based The Phoenix Companies, for around $217m.
Reinsurance > News
Heritage Insurance announces completion of 2016-2017 reinsurance program
By IBR Staff Writer
Heritage Insurance Holdings (HRTG), a property and casualty insurance holding company, announced that its insurance subsidiaries, Heritage Property & Casualty Insurance Company ("Heritage P&C") and Zephyr Insurance Company completed the placement of their 2016-2017 reinsurance programs.
Reinsurance > News

Technology

MiddleOak selects Guidewire system for billing management
By IBR Staff Writer
MiddleOak, a provider of Commercial Specialty insurance, and Guidewire Software, Inc. (GWRE), a provider of software products to P/C insurers, announced that MiddleOak® has selected Guidewire BillingCenter®to manage the company’s billing operations.
Technology > Technology in Insurance > News
Majesco partners with eGain
By IBR Staff Writer
Majesco, a global provider of core insurance software, consulting and services for insurance business transformation, announced a partnership with eGain, a global provider of cloud customer engagement solutions.
Technology > Technology in Insurance > News

Regulatory & Risk

MiddleOak selects Guidewire system for billing management
By IBR Staff Writer
MiddleOak, a provider of Commercial Specialty insurance, and Guidewire Software, Inc. (GWRE), a provider of software products to P/C insurers, announced that MiddleOak® has selected Guidewire BillingCenter®to manage the company’s billing operations.
Technology > Technology in Insurance > News
Majesco partners with eGain
By IBR Staff Writer
Majesco, a global provider of core insurance software, consulting and services for insurance business transformation, announced a partnership with eGain, a global provider of cloud customer engagement solutions.
Technology > Technology in Insurance > News