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Insurance industry news
526 posts
Zurich Insurance to acquire majority stake in Kotak Mahindra General Insurance for $488m
Zurich Insurance Group has made a groundbreaking move by announcing its proposed acquisition of a 51% stake in…
RenaissanceRe finalizes $3bn acquisition of AIG’s Validus Re
RenaissanceRe Holdings Ltd. (NYSE: RNR) today achieved a major milestone in its growth strategy by concluding the acquisition…
Alliant Insurance Services expands in Oklahoma with Commercial Risk Group acquisition
Alliant Insurance Services has announced its acquisition of Commercial Risk Group (CRG), a retail property and casualty (P&C)…
SBI Life Insurance reports robust growth in H1 FY 2024: Sees 20% increase in individual new business premium
Indian life insurance giant SBI Life Insurance Company Ltd has reported remarkable performance for the first half of…
Cadence Bank announces $904m sale of Cadence Insurance to Gallagher
Cadence Bank (NYSE: CADE) has unveiled a definitive pact to divest its insurance unit, Cadence Insurance, Inc., to…
APRIL International acquires Expat & Co to boost European presence
APRIL International has completed its acquisition of Expat & Co, Belgium’s top independent underwriter of expatriate insurance. The…
Arthur J. Gallagher & Co. acquires Michigan’s Meadowbrook Insurance Agency
Arthur J. Gallagher & Co. unveiled its acquisition of the assets of Meadowbrook Insurance Agency, a prominent retail…
HDFC Life reports 10% growth despite budget changes: Half-yearly financial results 2023
For the half year ended September 30, 2023, the Board of Directors at HDFC Life has proudly approved…
Allianz bolsters Italian P/C market presence with acquisition of Tua Assicurazioni from Generali
In a pivotal move underscoring its commitment to the Italian market, Allianz S.p.A. announced the acquisition of Tua…
Prosperity Life Group to acquire National Western Life Group in $1.9bn deal
In a strategic move set to reshape the insurance landscape, National Western Life Group, Inc. (NASDAQ:NWLI) and Prosperity…