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Insurance Business Review

Davies Group acquires Claims Management Services Davies Group has acquired Claims Management Services (CMSL), a specialist casualty claims third party administrator.
General Insurance > Claims > News Aegon to divest Irish business to Athene By IBR Staff Writer
Dutch insurance company Aegon has agreed to divest its Irish business to Ager Bermuda, the parent company of the European operations of Athene, for about €180m.
Life Insurance & Pensions > News Charles Taylor Adjusting acquires Criterion Adjusters Charles Taylor Adjusting (CTA), an international loss adjuster, has entered the high net worth adjusting market with the purchase of Criterion Adjusters.
News
Goldman Sachs to divest entire stake in Rothesay Life By IBR Staff Writer
Goldman Sachs has agreed to divest its entire stake in Rothesay Life for an undisclosed price to funds managed or advised by Blackstone’s Tactical Opportunities business and GIC, and Massachusetts Mutual Life Insurance.
Life Insurance & Pensions > News Heritage to buy Narragansett Bay Insurance for $250m Heritage Insurance, a property and casualty insurance company, has agreed to acquire NBIC, the parent company of Narragansett Bay Insurance Company (NBIC), a specialty underwriter of personal residential insurance products and services in states along the Eastern seaboard of the US.
News Aon to acquire Dutch broker Unirobe Meeus Groep from Aegon By IBR Staff Writer
Aon, through its subsidiary Aon Groep Nederland, has agreed to acquire Dutch insurance broker Unirobe Meeùs Groep (UMG) from Aegon for €295m.
Intermediaries > Brokerage > News

Latest News and Insight by Sector

General Insurance

Davies Group acquires Claims Management Services
Davies Group has acquired Claims Management Services (CMSL), a specialist casualty claims third party administrator.
General Insurance > Claims > News
Allianz, LV= agree to create UK's third largest personal insurer
By PBR Staff Writer
German insurance giant Allianz has agreed to create a joint venture (JV) with UK rival Liverpool Victoria Friendly Society (LV=) to create a personal insurer in Britain.
General Insurance > Commercial lines > News

Life Insurance And Pensions

Aegon to divest Irish business to Athene
By IBR Staff Writer
Dutch insurance company Aegon has agreed to divest its Irish business to Ager Bermuda, the parent company of the European operations of Athene, for about €180m.
Life Insurance & Pensions > News
Prudential to merge UK businesses into one savings and investments provider
Prudential will merge its asset manager, M&G, and Prudential UK & Europe (Prudential UK&E) to form M&G Prudential, a savings and investments business to target increasing customer demand for comprehensive financial solutions.
News

Intermediaries

Aon to acquire Dutch broker Unirobe Meeus Groep from Aegon
By IBR Staff Writer
Aon, through its subsidiary Aon Groep Nederland, has agreed to acquire Dutch insurance broker Unirobe Meeùs Groep (UMG) from Aegon for €295m.
Intermediaries > Brokerage > News
Howden acquires specialist broker Sterling Knight
By IBR Staff Writer
Hyperion Insurance’s retail broking unit Howden has purchased Singapore-based insurance brokerage firm Sterling Knight.
Intermediaries > Brokerage > News

Reinsurance

Great-West Lifeco subsidiary acquires Financial Horizons Group
The Great-West Life Assurance Company, a subsidiary of Great-West Lifeco, has closed its acquisition of Financial Horizons Group, a participant in the independent Managing General Agency (MGA) sector of the Canadian market.
General Insurance > Personal Lines > News
UK unveils new rules for Insurance Linked Securities
By IBR Staff Writer
The UK government has introduced new rules for Insurance Linked Securities (ILS) in a move to sustain the global competitiveness of the country’s reinsurance market.
Reinsurance > News

Technology

Hartford launches new digital benefits administration and enrollment platform
The Hartford has introduced a new digital benefits administration and enrollment platform targeting small- and medium-sized businesses.
Technology > Technology in Insurance > News
Genpact acquires OnSource
Genpact has acquired OnSource, a provider of an Inspection-as-a-Service (IaaS) product for property and casualty (P&C) insurance carriers and their customers.
Technology > Technology in Insurance > News

Regulatory & Risk

Hartford launches new digital benefits administration and enrollment platform
The Hartford has introduced a new digital benefits administration and enrollment platform targeting small- and medium-sized businesses.
Technology > Technology in Insurance > News
Genpact acquires OnSource
Genpact has acquired OnSource, a provider of an Inspection-as-a-Service (IaaS) product for property and casualty (P&C) insurance carriers and their customers.
Technology > Technology in Insurance > News