Zurich Insurance to acquire majority stake in Kotak Mahindra General Insurance for $488m

Pallavi Madhiraju- November 2, 2023 0

Zurich Insurance Group has made a groundbreaking move by announcing its proposed acquisition of a 51% stake in Kotak Mahindra General Insurance Company Limited, one ... Read More

RenaissanceRe finalizes $3bn acquisition of AIG’s Validus Re

Pallavi Madhiraju- November 1, 2023 0

RenaissanceRe Holdings Ltd. (NYSE: RNR) today achieved a major milestone in its growth strategy by concluding the acquisition of Validus Re, the treaty reinsurance arm ... Read More

Alliant Insurance Services expands in Oklahoma with Commercial Risk Group acquisition

Pallavi Madhiraju- November 1, 2023 0

Alliant Insurance Services has announced its acquisition of Commercial Risk Group (CRG), a retail property and casualty (P&C) insurance agency based in Broken Arrow, Oklahoma. ... Read More

SBI Life Insurance reports robust growth in H1 FY 2024: Sees 20% increase in individual new business premium

Pallavi Madhiraju- October 29, 2023 0

Indian life insurance giant SBI Life Insurance Company Ltd has reported remarkable performance for the first half of the fiscal year 2024. The company has ... Read More

Cadence Bank announces $904m sale of Cadence Insurance to Gallagher

Pallavi Madhiraju- October 24, 2023 0

Cadence Bank (NYSE: CADE) has unveiled a definitive pact to divest its insurance unit, Cadence Insurance, Inc., to Arthur J. Gallagher & Co. (Gallagher) (NYSE: ... Read More

APRIL International acquires Expat & Co to boost European presence

Pallavi Madhiraju- October 19, 2023 0

APRIL International has completed its acquisition of Expat & Co, Belgium's top independent underwriter of expatriate insurance. The transaction notably enhances APRIL's European presence, tapping ... Read More

Arthur J. Gallagher & Co. acquires Michigan’s Meadowbrook Insurance Agency

Pallavi Madhiraju- October 18, 2023 0

Arthur J. Gallagher & Co. unveiled its acquisition of the assets of Meadowbrook Insurance Agency, a prominent retail insurance broker headquartered in Southfield, Michigan. While ... Read More

HDFC Life reports 10% growth despite budget changes: Half-yearly financial results 2023

Pallavi Madhiraju- October 17, 2023 0

For the half year ended September 30, 2023, the Board of Directors at HDFC Life has proudly approved and disclosed both standalone and consolidated financial ... Read More

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