R&Q Insurance announces sale of Inceptum Insurance to Marco Capital for £11.2m

R&Q Insurance announces sale of Inceptum Insurance to Marco Capital for £11.2m

R&Q Insurance Holdings Ltd (AIM: RQIH), a key player in the insurance industry, has entered into an agreement to sell its subsidiary, Inceptum Insurance Company Limited, to Marco Capital Holdings Limited, a legacy acquisition group based in Malta. This transaction, valued at £11.25 million in cash, marks a significant move in the legacy insurance sector. […]

AIG announces strategic sale of Corebridge shares to Nippon Life for $3.8bn

AIG announces strategic sale of Corebridge shares to Nippon Life for $3.8bn

American International Group (AIG) has reached a significant agreement to sell approximately 120 million shares of Corebridge Financial, Inc. common stock to Nippon Life Insurance Company (Nippon Life). The transaction is valued at $31.47 per share, totaling an impressive $3.8 billion. This deal sees Nippon Life acquiring a 20% stake in Corebridge at the time […]