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181-195 of 18167 results
Monument Re to buy Aspecta Assurance International Luxembourg
By IBR Staff Writer
Bermuda-based Monument Re has agreed to acquire the full ownership of Aspecta Assurance International Luxembourg, a life insurance undertaking based in Luxembourg with branches in Germany, Italy and Spain.
Reinsurance > News
Edgewood Partners and Oak Hill Capital buy equity stake in Paragon Insurance
Edgewood Partners Insurance Center (EPIC) and Oak Hill Capital Partners have acquired an equity stake in multi-line specialty MGA Paragon Insurance.
News
GRP buys majority interest in Country & Commercial Insurance Brokers
By IBR Staff Writer
Global Risk Partners Group (GRP) has acquired a majority stake in Country & Commercial Insurance Brokers (CCIB) for an undisclosed amount.
General Insurance > Commercial lines > News
Arthur J. Gallagher acquires Market Financial Group and Austin Consulting Group
Arthur J. Gallagher has acquired Crystal Lake, Illinois-based Market Financial Group and its affiliate, Austin Consulting Group.
Life Insurance & Pensions > News
Scottish Re starts sale and restructuring for Cayman units
By IBR Staff Writer
Scottish Re Group has started the implementation of a sale and restructuring plan for its Cayman Islands subsidiary, Scottish Annuity & Life Insurance Company (SALIC), and its US subsidiary, Scottish Holdings (SHI).
Reinsurance > News
Reliance Nippon Life Insurance chooses Majesco Distribution Management
Reliance Nippon Life Insurance has selected Majesco Distribution Management to optimize their agent channel.
Life Insurance & Pensions > News
Ryan Specialty Group to acquire Irwin Siegel Agency
By IBR Staff Writer
Ryan Specialty Group (RSG) has agreed to acquire Irwin Siegel Agency (ISA) for an undisclosed amount.
General Insurance > Commercial lines > News
AIG to buy Validus for $5.6bn
American International Group (AIG) has agreed to acquire Validus, a reinsurance, primary insurance and asset management services provider, for $5.6bn.
Reinsurance > News
Axon Underwriting gets approval as Lloyd's coverholder
Axon Underwriting Services has received approval as Lloyd's coverholder with the authority to underwrite and issue policies on behalf of certain Lloyd's underwriting syndicates.
Life Insurance & Pensions > News
Prudential agrees to sell consumer finance business in Vietnam
By IBR Staff Writer
Prudential has agreed to divest its consumer finance business in Vietnam for $151m to Shinhan Card, a subsidiary of Korean financial institution Shinhan Financial Group.
News
California-based insurtech firm Hippo raises $25m
California-based insurtech company Hippo has raised $25m in Series B funding, led by Comcast Ventures and Fifth Wall, and joined by other top fintech investors.
News
Guidewire joins Plug and Play’s ecosystem to advance P&C insurance innovation
Guidewire has partnered with Plug and Play to foster innovation in property and casualty (P&C) insurance.
Technology > Technology in Insurance > News
Liberty Mutual to sell life insurance business to Lincoln Financial for $3.3bn
By IBR Staff Writer
Liberty Mutual Insurance has agreed to divest its life and disability insurance unit to Lincoln Financial Group for about $3.3bn.
Life Insurance & Pensions > News
Erskine Murray buys Essex brokerage Asciak Holdaway Merritt
By IBR Staff Writer
UK-based insurance agency Erskine Murray has acquired brokerage firm Asciak Holdaway Merritt for an undisclosed amount.
Intermediaries > Brokerage > News
RenaissanceRe to buy minority stake in Catalina
RenaissanceRe Ventures, a subsidiary of RenaissanceRe, has agreed to acquire a minority shareholding in Catalina.
Reinsurance > News
181-195 of 18167 results