Allianz bolsters Italian P/C market presence with acquisition of Tua Assicurazioni from Generali

Pallavi Madhiraju- October 15, 2023 0

In a pivotal move underscoring its commitment to the Italian market, Allianz S.p.A. announced the acquisition of Tua Assicurazioni S.p.A. from insurance giant Generali for ... Read More

Prosperity Life Group to acquire National Western Life Group in $1.9bn deal

Pallavi Madhiraju- October 10, 2023 0

In a strategic move set to reshape the insurance landscape, National Western Life Group, Inc. (NASDAQ:NWLI) and Prosperity Life Group have announced the signing of ... Read More

Aviva to boost presence with £460m acquisition of AIG Life UK

Pallavi Madhiraju- September 25, 2023 0

Aviva plc, a leading insurance provider, has announced its strategic acquisition of AIG Life Limited, commonly known as AIG Life UK, from Corebridge Financial, Inc., ... Read More

Arthur J. Gallagher expands with Hartley Cylke Pacific Insurance acquisition

Pallavi Madhiraju- September 25, 2023 0

Arthur J. Gallagher & Co. has made a strategic move by announcing the acquisition of Hartley Cylke Pacific Insurance Services, Inc., a prominent retail insurance ... Read More

Thinktum acquires Illustrate Inc. to emerge as no-code leader in insuretech

Pallavi Madhiraju- September 19, 2023 0

Waterloo, Ontario-based Thinktum Inc. has announced the acquisition of Illustrate Inc., a company with offices in Overland Park, Kansas, and Toronto, Ontario. This pivotal move ... Read More

Sumitomo Life to acquire Aviva’s stake in Singlife for £800m

Pallavi Madhiraju- September 16, 2023 0

Aviva plc has agreed to sell its 25.9% stake in Singapore Life Holdings Pte Ltd (Singlife) to Sumitomo Life Insurance Company for a total cash ... Read More

Direct Line Group to sell commercial insurance business to RSA for £520m

Pallavi Madhiraju- September 12, 2023 0

Direct Line Insurance Group has entered into an agreement to sell its brokered commercial insurance business lines to RSA Insurance Limited, a subsidiary of Intact ... Read More

Westland Insurance makes strategic move with Insurance Matters acquisition

Pallavi Madhiraju- September 9, 2023 0

Westland Insurance, a leading independently-owned insurance brokerage in Canada, has acquired Insurance Matters Inc. in a strategic move to solidify its foothold in Saskatchewan. This ... Read More

Intact Financial, RSA to acquire Direct Line’s commercial lines for £520m

Pallavi Madhiraju- September 9, 2023 0

Intact Financial Corporation (TSX: IFC) and its subsidiary RSA have struck a deal to acquire Direct Line Insurance Group's brokered Commercial Lines operations for an ... Read More

One80 Intermediaries acquires GMI Insurance to expand in transportation sector

Pallavi Madhiraju- August 29, 2023 0

One80 Intermediaries, a Boston-based specialty insurance broker, has announced the acquisition of GMI Insurance, a leading Pennsylvania-based Managing General Agent specializing in commercial transportation insurance. ... Read More