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Insurance Business Review

Aviva sells Spanish businesses for €475m Aviva has completed the sale of its 50% stake in the Spanish life insurance and pension joint ventures, Unicorp Vida and Caja España Vida, and the retail life insurance business, Aviva Vida y Pensiones, to Santalucía for a total consideration of €475m. Life Insurance & Pensions > News
Monument Re buys stake in ABN AMRO Life Capital Belgium Monument Re has acquired complete ownership over Benelux Life Run-Off SCS, including its acquisition of ABN AMRO Life Capital Belgium, the Belgian life insurance subsidiary of ABN AMRO (AALCB), subject to regulatory approvals.
Reinsurance > News Aviva sells Spanish businesses for €475m Aviva has completed the sale of its 50% stake in the Spanish life insurance and pension joint ventures, Unicorp Vida and Caja España Vida, and the retail life insurance business, Aviva Vida y Pensiones, to Santalucía for a total consideration of €475m.
Life Insurance & Pensions > News Davies acquires insurance specialist Ambant Davies Group, an insurance service provider based in the UK, has acquired Ambant, a London-based which provides operations and consulting solutions to the managing general agent (MGA), Lloyd’s, UK, and international insurance markets.
General Insurance > Commercial lines > News
Markel extends professional liability coverage for law companies Markel has improved the policy form and protections for hard-to-insure law companies which can no longer secure coverage in the admitted markets.
General Insurance > Commercial lines > News Oceanwide gets nod to buy Genworth's Virginia-Domiciled insurance firms Virginia Regulator has approved Oceanwide's proposed acquisition of Genworth's Virginia-Domiciled insurance companies.
Life Insurance & Pensions > News Vero Insurance fails to get approval for Tower acquisition The Commerce Commission did not grant approval to Vero Insurance New Zealand's proposal to acquire up to 100% of Tower.
General Insurance > Commercial lines > News

Latest News and Insight by Sector

General Insurance

Davies acquires insurance specialist Ambant
Davies Group, an insurance service provider based in the UK, has acquired Ambant, a London-based which provides operations and consulting solutions to the managing general agent (MGA), Lloyd’s, UK, and international insurance markets.
General Insurance > Commercial lines > News
Markel extends professional liability coverage for law companies
Markel has improved the policy form and protections for hard-to-insure law companies which can no longer secure coverage in the admitted markets.
General Insurance > Commercial lines > News

Life Insurance And Pensions

Monument Re buys stake in ABN AMRO Life Capital Belgium
Monument Re has acquired complete ownership over Benelux Life Run-Off SCS, including its acquisition of ABN AMRO Life Capital Belgium, the Belgian life insurance subsidiary of ABN AMRO (AALCB), subject to regulatory approvals.
Reinsurance > News
Aviva sells Spanish businesses for €475m
Aviva has completed the sale of its 50% stake in the Spanish life insurance and pension joint ventures, Unicorp Vida and Caja España Vida, and the retail life insurance business, Aviva Vida y Pensiones, to Santalucía for a total consideration of €475m.
Life Insurance & Pensions > News

Intermediaries

Arthur J. Gallagher buys New Jersey-based Franklin-Case Agency
Arthur J. Gallagher has acquired Franklin-Case Agency based in Flemington, New Jersey.
Intermediaries > Brokerage > News
Compre purchases run-off portfolio from Axa Insurance
Legacy specialist Compre has purchased the run-off portfolio from the Swiss company, Axa Insurance, which was earlier known as Winterthur Swiss Insurance Company.
News

Reinsurance

Monument Re buys stake in ABN AMRO Life Capital Belgium
Monument Re has acquired complete ownership over Benelux Life Run-Off SCS, including its acquisition of ABN AMRO Life Capital Belgium, the Belgian life insurance subsidiary of ABN AMRO (AALCB), subject to regulatory approvals.
Reinsurance > News
Compre purchases run-off portfolio from Axa Insurance
Legacy specialist Compre has purchased the run-off portfolio from the Swiss company, Axa Insurance, which was earlier known as Winterthur Swiss Insurance Company.
News

Technology

Sapiens upgrades property and casualty insurance suite
Sapiens International has released the Sapiens IDIT 14.1 policy administration suite (Sapiens IDIT) for property and casualty/general insurers worldwide.
Technology > Technology in Insurance > News
Carlyle to buy insurance software firm Prima Solutions
Private equity firm, The Carlyle Group, along with its management team, has entered into an agreement to acquire French insurance software vendor Prima Solutions.
Technology > Technology in Insurance > News

Regulatory & Risk

Sapiens upgrades property and casualty insurance suite
Sapiens International has released the Sapiens IDIT 14.1 policy administration suite (Sapiens IDIT) for property and casualty/general insurers worldwide.
Technology > Technology in Insurance > News
Carlyle to buy insurance software firm Prima Solutions
Private equity firm, The Carlyle Group, along with its management team, has entered into an agreement to acquire French insurance software vendor Prima Solutions.
Technology > Technology in Insurance > News