Tag: Insurance industry news
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 of Validus Re, the treaty reinsurance arm ... Read More
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) 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
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
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
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
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
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
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
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
EaseMyTrip joins hands with Cover Genius for seamless travel protection
EaseMyTrip.com, a leading name among India's online travel platforms, has announced a strategic alliance with Cover Genius, a renowned insurtech for embedded protection. With this ... Read More