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76-90 of 17892 results
US, EU sign agreement to streamline insurance regulation
The US and the European Union (EU) have signed an agreement to streamline the insurance and reinsurance regulations.
Reinsurance > News
Commonwealth Bank to divest Australian and NZ life businesses to AIA for $3.8bn
By IBR Staff Writer
Commonwealth Bank of Australia has agreed to sell 100% of its life insurance businesses – CommInsure Life in Australia and Sovereign in New Zealand – to AIA Group for $3.8bn.
Life Insurance & Pensions > News
PartnerRe, RemitRadar sign cooperation deal
Global reinsurance company PartnerRe and RemitRadar have inked a joint strategic cooperation agreement.
Reinsurance > News
United Fire Group to sell life insurance subsidiary to Kuvare
By IBR Staff Writer
United Fire & Casualty Company (UFG), a subsidiary of United Fire Group, has entered into an agreement with Kuvare US Holdings to sell its subsidiary, United Life Insurance Company for $280m.
News
XL Group selects Dublin as preferred location for EU insurance carrier
Global insurer and reinsurer XL Group revealed its plans to move its principal European Union (“EU”) insurance company, XL Insurance Company (“XLICSE”), from the UK to Ireland next year in response to Brexit, subject to certain regulatory approvals.
Reinsurance > News
Zebra raises $40m funding to expand insurance search engine
The Zebra, an auto insurance comparison marketplace, has raised $40m in Series B funding led by Accel Partners to continue its objective to simplify how consumers understand, purchase, and manage insurance.
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
Swiss Life under US DOJ scrutiny over tax evasion role
The American Department of Justice (DOJ) has contacted Swiss Life regarding its cross-border business with US clients.
Life Insurance & Pensions > News
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
Hub buys certain assets of Banco Management
Global insurance brokerage Hub International has acquired certain assets of Banco Management related to its managing general agent business.
News
76-90 of 17892 results