Browsing Tag
Insurance industry news
526 posts
Genworth Financial scraps $2.7bn merger deal with China Oceanwide
US insurance company Genworth Financial said that it has exercised its right to scrap its $2.7 billion merger…
April 7, 2021
The Hilb Group acquires employee benefits agency Andrews Benefits
The Hilb Group (THG), a US property and casualty (P&C) and employee benefits insurance brokerage, has acquired Andrews…
April 6, 2021
Gallagher acquires claims investigation firm Terrier Claims Services
Arthur J. Gallagher & Co. said that Gallagher Bassett Services (GB), its risk management services subsidiary, has acquired Terrier Claims…
April 3, 2021
Northwest Bank to sell insurance business to USI Insurance Services
Pennsylvania-based Northwest Bank has agreed to divest its insurance business – Northwest Insurance Services to insurance brokerage USI…
April 3, 2021
US insurtech company Next Insurance raises $250m in new funding round
Next Insurance, a US digital insurtech company which provides small business insurance, has raised $250 million in a…
March 31, 2021
Allstate Life Insurance Company of New York to be sold to Wilton Re
The Allstate Corporation, an Illinois-based insurance company, has agreed to sell Allstate Life Insurance Company of New York…
March 29, 2021
Aviva to sell Aviva Poland to German insurer Allianz for €2.5bn
Aviva, a UK-based multinational insurance company, has agreed to divest its Polish business – Aviva Poland to German…
March 27, 2021
AIA Group signs $650m bancassurance deal with Bank of East Asia
AIA Group has signed a new exclusive 15-year bancassurance deal worth HK$5.07 billion ($650 million) with The Bank…
March 24, 2021
Arthur J. Gallagher acquires Indiana-based R&R Benefits
Global insurance brokerage Arthur J. Gallagher has acquired Indiana-based R&R Benefits/Risk Management (R&R Benefits), for an undisclosed price.…
March 23, 2021
Constellation Insurance to acquire Ohio National for $1bn
Constellation Insurance has agreed to acquire Ohio National Mutual Holdings (ONMH) and its subsidiary Ohio National Financial Services…
March 23, 2021