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General Insurance

Goldman Sachs to divest entire stake in Rothesay Life 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

Latest General Insurance News by Sector

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Commercial Lines

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
Travelers closes acquisition of Simply Business
The Travelers Companies closed the previously announced acquisition of Simply Business, a provider of small business insurance policies in the UK.
News

Claims

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
Aviva puts 120 jobs at risk due to Southend site closure
By IBR Staff Writer
Insurance giant Aviva is looking to make 120 jobs in its UK operations redundant, primarily due to the closing of its Southend office.
General Insurance > Claims > News

Personal Lines

Aviva signs ten-year general insurance deal with HSBC
Aviva has signed a ten-year distribution agreement in the UK with HSBC, to offer a range of general insurance products in the country.
News
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

Insurer

Allianz Life names new assistant vice president of treasury
By IBR Staff Writer
Allianz Life Insurance Company of North America has named Sarah Schaus as the new assistant vice president of treasury.
Life Insurance & Pensions > News
Quinn Direct rebranded as Liberty Insurance
By IBR Staff Writer
Boston-based diversified insurer Liberty Mutual Group and Irish Bank have renamed Quinn-Direct Insurance as Liberty Insurance.
General Insurance > Commercial lines > News