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Markel secures approval to establish new German insurance company Markel has secured approval from the German federal financial supervisory authority, BaFin, to establish a new insurance company. News
Markel secures approval to establish new German insurance company By IBR Staff Writer
Markel has secured approval from the German federal financial supervisory authority, BaFin, to establish a new insurance company.
News Core Assurance Partners buys E.L. Creech & Co Core Assurance Partners has acquired E. L. Creech & Co., a fourth-generation, family-owned property and casualty company based in Virginia Beach, where it will maintain its offices.
General Insurance > Commercial lines > News Generali to sell wealth and services units for €409m By IBR Staff Writer
Italian insurance company Generali has agreed to sell two of its business units Generali Worldwide Insurance and Generali Link to Life Company Consolidation Group (LCCG).
Life Insurance & Pensions > News
Allianz acquires Nigerian insurer Ensure Insurance By IBR Staff Writer
Allianz Group has completed the acquisition of a 99.03% stake in Nigerian insurer Ensure Insurance from its main shareholder Greenoaks Global Holdings (GGH) for an undisclosed price.
Life Insurance & Pensions > News AXA Liabilities Managers to buy majority stake in Emirates Re By IBR Staff Writer
AXA Liabilities Managers (AXA LM) has agreed to acquire a majority stake in Emirates Re, a UAE-based independent international Islamic reinsurer.
Reinsurance > News Assurant selects Shift Technology’s claims fraud detection solution US-based Assurant has selected Shift Technology’s FORCE claims fraud detection solution to better mitigate fraud and subrogation losses as first steps towards claims automation.
News

Latest News and Insight by Sector

General Insurance

Core Assurance Partners buys E.L. Creech & Co
Core Assurance Partners has acquired E. L. Creech & Co., a fourth-generation, family-owned property and casualty company based in Virginia Beach, where it will maintain its offices.
General Insurance > Commercial lines > News
OneDigital acquires Beneflex Insurance Services
By IBR Staff Writer
OneDigital Health and Benefits has acquired Beneflex Insurance Services, an independently owned & operated employee benefits agency, continuing its expansion in Southern California.
General Insurance > Commercial lines > News

Life Insurance And Pensions

Generali to sell wealth and services units for €409m
By IBR Staff Writer
Italian insurance company Generali has agreed to sell two of its business units Generali Worldwide Insurance and Generali Link to Life Company Consolidation Group (LCCG).
Life Insurance & Pensions > News
Allianz acquires Nigerian insurer Ensure Insurance
By IBR Staff Writer
Allianz Group has completed the acquisition of a 99.03% stake in Nigerian insurer Ensure Insurance from its main shareholder Greenoaks Global Holdings (GGH) for an undisclosed price.
Life Insurance & Pensions > News

Intermediaries

Seventeen Group buys UK marine insurance broker Everards
By IBR Staff Writer
UK-based insurance and risk management firm Seventeen Group has acquired Everard Insurance Brokers (Everards), a specialist marine and marine trades broker, for an undisclosed sum.
Intermediaries > Brokerage > News
Wheatley Wright Insurance acquired by PIB Group
By IBR Staff Writer
PIB Group has acquired Wheatley Wright Insurance Services (WW Group) and its underwriting unit Online Risk Solutions for an undisclosed amount.
Intermediaries > Brokerage > News

Reinsurance

Generali to sell wealth and services units for €409m
By IBR Staff Writer
Italian insurance company Generali has agreed to sell two of its business units Generali Worldwide Insurance and Generali Link to Life Company Consolidation Group (LCCG).
Life Insurance & Pensions > News
AXA Liabilities Managers to buy majority stake in Emirates Re
By IBR Staff Writer
AXA Liabilities Managers (AXA LM) has agreed to acquire a majority stake in Emirates Re, a UAE-based independent international Islamic reinsurer.
Reinsurance > News

Technology

TowerIQ raises $2m in seed funding
TowerIQ, a market neutral communication platform for insurance industry, has raised $2m in seed funding.
Technology > Technology in Insurance > News
FRISS, Rabobank partner on IBAN-Name Check to reduce insurance fraud
Rabobank SurePay has entered into a partnership with FRISS over IBAN-Name Check, a service that checks whether the name and the IBAN number match.
Technology > Technology in Insurance > News

Regulatory & Risk

TowerIQ raises $2m in seed funding
TowerIQ, a market neutral communication platform for insurance industry, has raised $2m in seed funding.
Technology > Technology in Insurance > News
FRISS, Rabobank partner on IBAN-Name Check to reduce insurance fraud
Rabobank SurePay has entered into a partnership with FRISS over IBAN-Name Check, a service that checks whether the name and the IBAN number match.
Technology > Technology in Insurance > News