Tag: Property and casualty insurance
Wipro expands into insurance technology with Aggne investment
In a move that significantly strengthens its position in the insurance technology sector, Wipro Limited, a leading technology services and consulting company, has announced a ... Read More
Tata Consultancy Services deploys TCS BaNCS solution for Zurich DIFC
Zurich Insurance Company DIFC, a global insurance provider, has implemented TCS BaNCS Insurance for Property and Casualty, a cutting-edge solution offered by Tata Consultancy Services ... Read More
Brookfield Reinsurance to acquire specialty insurance underwriter Argo Group
Canadian investment management company Brookfield Reinsurance will acquire Bermuda-based insurance company Argo Group International in an all-cash deal valued at around $1.1 billion. The transaction ... Read More
Aegon to sell Dutch insurance and banking business to ASR for $4.9bn
Aegon has agreed to sell its Dutch pension, life and non-life insurance, banking, and mortgage origination businesses to ASR Nederland (a.s.r or ASR), a Netherlands-based ... Read More
AXA to acquire Spanish health insurer GACM Espana for €310m
French multinational insurance company AXA has announced entering into negotiations to acquire Groupe Assurances du Credit Mutuel Espana (GACM Espana) for €310 million in an ... Read More
Liberty Mutual wraps up $515m acquisition of Malaysian insurer AmGeneral
Liberty Mutual Insurance has wrapped up the previously announced MYR 2.29 billion ($515 million) acquisition of AmGeneral Insurance Berhad, a Malaysian insurer, having secured regulatory ... Read More
Zurich Insurance to sell Russian property and casualty insurance business
Zurich Insurance Group said that it has reached a deal to divest its Zurich Russia, its property and casualty business in Russia, to 11 members ... Read More
White Mountains to sell NSM Insurance Group to Carlyle for $1.8bn
White Mountains Insurance Group, a Bermuda-domiciled financial services holding company, has agreed to sell NSM Insurance Group to investment funds affiliated with Carlyle for $1.775 ... Read More
Liberty Mutual Insurance wraps up $1bn acquisition of State Auto Group
Liberty Mutual Insurance, an American insurance giant, has wrapped up the $1 billion worth acquisition of State Auto Group, an Ohio-based property and casualty insurance ... Read More
TCS deploys TCS BaNCS Cloud for Insurance for Standard Bank Insurance
Tata Consultancy Services (TCS) said that Standard Bank has selected TCS BaNCS Cloud for Insurance solution for Standard Insurance Limited, its short-term insurance business in ... Read More