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Assured Guaranty agrees to buy MBIA UK Insurance Assured Guaranty has agreed to acquire MBIA UK Insurance (MBIA UK) to expand its insured portfolio in Europe. News
CNO Financial terminates reinsurance deals with Beechwood Re Bankers Conseco Life Insurance Company (BCLIC) and Washington National Insurance Company (WNIC), the subsidiaries of CNO Financial Group (CNO), are terminating reinsurance agreements with Beechwood Re (BRe) and recapturing about $550m of closed block long-term care liabilities.
Reinsurance > News Assured Guaranty agrees to buy MBIA UK Insurance By IBR Staff Writer
Assured Guaranty has agreed to acquire MBIA UK Insurance (MBIA UK) to expand its insured portfolio in Europe.
News Hannover Re US unveils new partnership solutions team Hannover Life Reassurance Company of America (Hannover Re US) has come up with a new team to continue focused efforts that support carriers’ web, mobile and digital strategies.
Reinsurance > News
Plug and Play Insurance selects top 23 startups to join Innovation Platform Plug and Play Insurance has selected the top 23 startups to join their Innovation Platform.
Technology > Technology in Insurance > News Atain selects Oceanwide’s Bridge Insurance Software Suite and Insurity’s Claims Decisions Atain Insurance Companies (Atain) has selected Oceanwide’s Bridge Insurance Software Suite and Insurity’s Claims Decisions to support its commercial package, commercial property, and commercial general liability lines of business.
Technology > Technology in Insurance > News Global Risk Partners acquires Marshall Wooldridge to expand broker portfolio By IBR Staff Writer
Global Risk Partners (GRP) has acquired Marshall Wooldridge for an undisclosed amount to expand its portfolio of insurance brokers.
News

Latest News and Insight by Sector

General Insurance

Canada's BICO reaches agreement to restart operations
Canada's BridgePoint Indemnity Company (BICO) has reached an agreement with FSCO and FICOM to resume operations, effective immediately.
General Insurance > Personal Lines > News
Metromile secures $191.5m in funding; buys insurance carrier
Metromile, a pay-per-mile car insurance provider in the US, announced $191.5m funding to fuel its growth initiatives, advance nationwide expansion and acquire an insurance carrier.
General Insurance > Commercial lines > News

Life Insurance And Pensions

Kemper unveils improvements to life insurance claims procedures
Kemper's Life & Health division has started implementing enhancements to its life insurance claims procedures.
Life Insurance & Pensions > News
Aviva to lay off 85 jobs in Leicester and London
By IBR Staff Writer
Insurance giant Aviva is laying off 85 jobs in Leicester and London amid the growth of its digital platform.
Life Insurance & Pensions > News

Intermediaries

Arthur J. Gallagher & Co buys Gabor Insurance Services
By IBR Staff Writer
Insurance brokerage and risk management services firm Arthur J. Gallagher & Co has acquired Gabor Insurance Services and its subsidiary, American Professional Liability Underwriters.
Intermediaries > Brokerage > News
JLT Re acquires Olsa Re’s reinsurance portfolio in Peru
By IBR Staff Writer
JLT Re, a subsidiary of Jardine Lloyd Thompson Group, has acquired the portfolio of Olsa Re in Peru, for an undisclosed sum.
Intermediaries > Brokerage > News

Reinsurance

CNO Financial terminates reinsurance deals with Beechwood Re
Bankers Conseco Life Insurance Company (BCLIC) and Washington National Insurance Company (WNIC), the subsidiaries of CNO Financial Group (CNO), are terminating reinsurance agreements with Beechwood Re (BRe) and recapturing about $550m of closed block long-term care liabilities.
Reinsurance > News
Hannover Re US unveils new partnership solutions team
Hannover Life Reassurance Company of America (Hannover Re US) has come up with a new team to continue focused efforts that support carriers’ web, mobile and digital strategies.
Reinsurance > News

Technology

Plug and Play Insurance selects top 23 startups to join Innovation Platform
Plug and Play Insurance has selected the top 23 startups to join their Innovation Platform.
Technology > Technology in Insurance > News
Atain selects Oceanwide’s Bridge Insurance Software Suite and Insurity’s Claims Decisions
Atain Insurance Companies (Atain) has selected Oceanwide’s Bridge Insurance Software Suite and Insurity’s Claims Decisions to support its commercial package, commercial property, and commercial general liability lines of business.
Technology > Technology in Insurance > News

Regulatory & Risk

Plug and Play Insurance selects top 23 startups to join Innovation Platform
Plug and Play Insurance has selected the top 23 startups to join their Innovation Platform.
Technology > Technology in Insurance > News
Atain selects Oceanwide’s Bridge Insurance Software Suite and Insurity’s Claims Decisions
Atain Insurance Companies (Atain) has selected Oceanwide’s Bridge Insurance Software Suite and Insurity’s Claims Decisions to support its commercial package, commercial property, and commercial general liability lines of business.
Technology > Technology in Insurance > News