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1-15 of 17730 results
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
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
Hannover Re acquires Lloyd's syndicate Argenta
Hannover Re has completed the acquisition of UK-based Argenta, which owns the companies Argenta Syndicate Management and Argenta Private Capital along with a pro rata share of the Lloyd’s syndicate Argenta Syndicate 2121.
Reinsurance > News
Aviva to sell Friends Provident to RL360 for £340m
By IBR Staff Writer
Aviva has agreed to divest its pensions business Friends Provident International (FPIL) to RL360 Holding for around £340m.
Life Insurance & Pensions > News
Willis Towers Watson launches virtual workspace for insurers
Willis Towers Watson has introduced a virtual, actuarial workspace, dubbed vPlace, to address the insurance industry’s need to cut down on IT infrastructure costs.
Technology > Technology in Insurance > News
Nexus to acquire trade credit insurer Equinox Global
By IBR Staff Writer
Nexus Group, a specialty Managing General Agent (MGA), has acquired Lloyd’s coverholder Equinox Global and all its group companies for an undisclosed price.
General Insurance > Commercial lines > News
Scor to acquire mutual life/health reinsurer Mutré
SCOR has entered into an agreement with the Fédération nationale de la Mutualité Française and Matmut for the acquisition of 100% of the shares of MutRé.
Reinsurance > News
China Oceanwide’s $2.7bn acquisition of Genworth faces regulatory delay
By IBR Staff Writer
The completion of China Oceanwide’s $2.7bn merger deal with Genworth Financial is likely to be delayed further, owing to a regulatory obstacle.
Life Insurance & Pensions > News
AXIS Capital secures approval to launch Lloyd’s managing agency
AXIS Capital has secured final authorization from Lloyd’s, the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) to launch its own Lloyd’s managing agent dubbed as AXIS Managing Agency.
Reinsurance > News
Alliant purchases Boynton & Boynton Insurance Professionals
Alliant Insurance Services has acquired New Jersey-based Boynton & Boynton Insurance Professionals to expand its footprint within the Northeast Region.
General Insurance > Commercial lines > 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
Octo Telematics introduces new IoT insurance platform
By IBR Staff Writer
London-based Octo Telematics has launched a new Internet of Things (IoT) insurance platform with an investment of over $40m for the auto insurance market.
Technology > Technology in Insurance > News
Cigna acquires Zurich Insurance Middle East
Global health services company Cigna has acquired general insurer, Zurich Insurance Middle East (SAL).
News
Assurant unveils $1.36bn property catastrophe reinsurance program
Assurant has finalized a $1.36bn property catastrophe reinsurance program, cutting down on its financial exposure and improving its ability to protect 2.8 million homeowners and renters policyholders against severe weather and other hazards.
Reinsurance > News
Ensurance strikes partnership deals with Swiss Re, XL Catlin
By IBR Staff Writer
Ensurance has received the Lloyds Coverholder Status for its UK operations and partnered with Swiss Re Corporate Solutions and XL Catlin.
News
1-15 of 17730 results