Tag: Insurance industry news

AXA Group boosts solvency with €12bn reinsurance agreement via AXA Réassurance Vie France

businessnewstoday- December 20, 2023

AXA Group, a global leader in the insurance industry, has announced a significant reinsurance agreement through its subsidiary AXA France Vie with AXA Réassurance Vie ... Read More

Kellton Tech Solutions bags contract from LIC for HR tech transformation

businessnewstoday- December 19, 2023

Kellton Tech Solutions, a leader in digital transformation services, recently announced securing a groundbreaking multi-year project with India's largest insurance provider, the Life Insurance Corporation ... Read More

Wipro to enhance RSA’s infrastructure in three-year cloud technology deal

businessnewstoday- December 12, 2023

Wipro Limited, a global leader in technology services and consulting, today unveiled its latest agreement with RSA, one of the world's foremost general insurance companies. ... Read More

Manulife Financial announces landmark LTC reinsurance deal with Global Atlantic

businessnewstoday- December 12, 2023

Manulife Financial Corporation has announced a transformative reinsurance transaction with Global Atlantic, a leading insurance provider. This deal, involving the reinsuring of C$13 billion of ... Read More

Arthur J. Gallagher & Co. expands with acquisition of My Plan Manager Group

businessnewstoday- December 10, 2023

In a significant move within the insurance and disability services industry, Arthur J. Gallagher & Co. has announced the acquisition of My Plan Manager Group ... Read More

Hub International acquires employee benefits firm Creative Business Solutions

businessnewstoday- December 10, 2023

In a move signaling continued growth and expansion in the insurance brokerage and financial services industry, Hub International Limited (Hub), a leading global insurance brokerage ... Read More

WT Financial Group completes acquisition of Millennium3 Financial Services

businessnewstoday- December 8, 2023

WT Financial Group Limited (ASX: WTL), a prominent financial services entity, is pleased to announce the successful completion of acquiring 100% of the issued capital ... Read More

Data security incident at Pan-American Life Insurance : Critical vulnerability in MOVEit transfer leads to data exposure

businessnewstoday- December 5, 2023

Pan-American Life Insurance Group (PALIG), a key player in the life, accident, and health insurance sector in the Americas, has been affected by a widespread ... Read More

HCLTech and Roadzen partner to revolutionize auto insurance with AI technology

businessnewstoday- November 30, 2023

In a groundbreaking move for the auto insurance industry, global technology leader HCLTech and AI-driven auto insurance innovator Roadzen have announced a collaborative effort. This ... Read More

KKR to acquire full ownership of insurance giant Global Atlantic for $2.7bn

businessnewstoday- November 29, 2023

KKR & Co. Inc. (NYSE: KKR) and Global Atlantic Financial Group announced a landmark deal, signaling KKR's acquisition of the remaining 37% stake in Global ... Read More