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CF Corporation to buy Fidelity & Guaranty Life for $1.8bn CF Corporation has agreed to acquire US-based insurance firm Fidelity & Guaranty Life (FGL) for around $1.83bn. Life Insurance & Pensions > News
CF Corporation to buy Fidelity & Guaranty Life for $1.8bn By IBR Staff Writer
CF Corporation has agreed to acquire US-based insurance firm Fidelity & Guaranty Life (FGL) for around $1.83bn.
Life Insurance & Pensions > News Scottish Re starts voluntary provisional winding up proceedings in Bermuda Scottish Re Group has commenced voluntary provisional winding up of its proceedings in Bermuda and filed for parallel winding up of proceedings in the Cayman Islands.
News Central Mutual Insurance selects Insurity’s data management solution Central Mutual Insurance (CMI) has selected Insurity’s Insurance Enterprise View data management solution to serve as its enterprise data warehouse, data integration hub, and for its reporting and analytics requirements.
Technology > Technology in Insurance > News
Allianz Life introduces new index variable annuity products By IBR Staff Writer
Allianz Life Insurance Company of North America has introduced two new index variable annuity (IVA) products, which will offer several ways to benefit from the balance of performance potential and level of protection.
Life Insurance & Pensions > News Aegon to sell two largest US run-off businesses Aegon has agreed to divest its two largest US run-off businesses, the payout annuity business and the Bank Owned / Corporate Owned Life Insurance business (BOLI/COLI), to Wilton Re.
Life Insurance & Pensions > News RSG Underwriting establishes new claims adjusting firm RSG Underwriting Managers (RSGUM) has established Smooth Waters, an independent marine insurance consultancy and claims adjusting company as part of its Marine Practice.
News

Latest News and Insight by Sector

General Insurance

Central Mutual Insurance selects Insurity’s data management solution
Central Mutual Insurance (CMI) has selected Insurity’s Insurance Enterprise View data management solution to serve as its enterprise data warehouse, data integration hub, and for its reporting and analytics requirements.
Technology > Technology in Insurance > News
RSG Underwriting establishes new claims adjusting firm
RSG Underwriting Managers (RSGUM) has established Smooth Waters, an independent marine insurance consultancy and claims adjusting company as part of its Marine Practice.
News

Life Insurance And Pensions

CF Corporation to buy Fidelity & Guaranty Life for $1.8bn
By IBR Staff Writer
CF Corporation has agreed to acquire US-based insurance firm Fidelity & Guaranty Life (FGL) for around $1.83bn.
Life Insurance & Pensions > News
Scottish Re starts voluntary provisional winding up proceedings in Bermuda
Scottish Re Group has commenced voluntary provisional winding up of its proceedings in Bermuda and filed for parallel winding up of proceedings in the Cayman Islands.
News

Intermediaries

UK's FCA publishes insurance distribution directive consultation
The UK’s Financial Conduct Authority (FCA) has come up with the first of its two consultation papers on the execution of the Insurance Distribution Directive (IDD), which is designed to promote competition among insurance firms and maintain appropriate protection levels for customers across the European Union.
Intermediaries > Brokerage > News
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

Reinsurance

Scottish Re starts voluntary provisional winding up proceedings in Bermuda
Scottish Re Group has commenced voluntary provisional winding up of its proceedings in Bermuda and filed for parallel winding up of proceedings in the Cayman Islands.
News
Gen Re secures approval to open reinsurance branch in India
Gen Re has secured approval from the Insurance Regulation and Development Authority of India (IRDAI) to establish a branch in Mumbai (R3 license).
Reinsurance > News

Technology

Central Mutual Insurance selects Insurity’s data management solution
Central Mutual Insurance (CMI) has selected Insurity’s Insurance Enterprise View data management solution to serve as its enterprise data warehouse, data integration hub, and for its reporting and analytics requirements.
Technology > Technology in Insurance > News
NICO selects Guidewire systems for claims management
National Indemnity Company (NICO) has selected Guidewire Software’s Guidewire ClaimCenter and Business Intelligence for ClaimCenter as its new claims management and analytics systems.
Technology > Technology in Insurance > News

Regulatory & Risk

Central Mutual Insurance selects Insurity’s data management solution
Central Mutual Insurance (CMI) has selected Insurity’s Insurance Enterprise View data management solution to serve as its enterprise data warehouse, data integration hub, and for its reporting and analytics requirements.
Technology > Technology in Insurance > News
NICO selects Guidewire systems for claims management
National Indemnity Company (NICO) has selected Guidewire Software’s Guidewire ClaimCenter and Business Intelligence for ClaimCenter as its new claims management and analytics systems.
Technology > Technology in Insurance > News