BSE Ebix to distribute LIC insurance products on digital platform
BSE Ebix Insurance Broking has signed an insurance broker agreement with Life Insurance Corporation (LIC) to distribute the latter’s products on its hi-tech platform. The ... Read More
Monument Re to sell closed life insurer Robein Leven to Chesnara
Bermuda-based reinsurer Monument Re has agreed to divest Robein Leven N.V. and its subsidiary Robein Effectendienstverlening to Chesnara plc, a UK-based life and pensions consolidator, ... Read More
TCS enables Heritage Life Insurance in transforming customer experience
Tata Consultancy Services (TCS) has joined forces with Heritage Life Insurance Company, a US-based insurance and reinsurance services provider, in order to enhance the customer ... Read More
HSBC Insurance (Asia-Pacific) to acquire AXA Singapore for $575m
HSBC has signed an all-cash deal worth $575 million through its fully-owned subsidiary — HSBC Insurance (Asia-Pacific) to acquire AXA Insurance Pte Limited (AXA Singapore), ... Read More
Westpac to sell life insurance business to TAL Dai-ichi Life for $660m
Westpac has agreed to divest Westpac Life Insurance Services, its Australian life insurance business, to TAL Dai-ichi Life Australia, a subsidiary of Japan-based Dai-ichi Life ... Read More
Westpac to sell NZ life insurance business to Fidelity Life Assurance
Westpac has agreed to sell its New Zealand life insurance business - Westpac New Zealand Limited to Fidelity Life Assurance Company for NZD 400 million ... Read More
AXA to divest Malaysian insurance business to Generali for €140m
French insurance company AXA has agreed to divest its insurance operations in Malaysia to Italian insurer Generali for €140 million. The sale includes AXA’s 49.99% ... Read More
Integrity Marketing Group acquires life insurance firm Theodore Group
Integrity Marketing Group, an American life and health insurance products distributor, has acquired Theodore Group for an undisclosed price. Based in Kissimmee, Florida, Theodore Group ... Read More
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 of East Asia (BEA), which covers Hong ... Read More
Monument Re wraps up acquisition of Charles Taylor’s Isle of Man life operations
Monument Re, a Bermuda-based reinsurer, has wrapped up the acquisition of the Isle of Man life and investment operations of Charles Taylor Group. The deal, ... Read More