Arthur J. Gallagher & Co. expands reinsurance division with MGB Re acquisition
Arthur J. Gallagher & Co., a prominent global insurance brokerage, risk management, and consulting services firm, today announced the acquisition of Toronto, Ontario-based MGB Re ... Read More
Thomson Reuters expands reach with acquisition of World Business Media
Thomson Reuters Corporation (NYSE/TSX: TRI), a renowned global content and technology company, announced its strategic acquisition of World Business Media Limited, a leading provider of ... Read More
AXA Group boosts solvency with €12bn reinsurance agreement via AXA Réassurance Vie France
AXA Group, a global leader in the insurance industry, has announced a significant reinsurance agreement through its subsidiary AXA France Vie with AXA Réassurance Vie ... Read More
Manulife Financial announces landmark LTC reinsurance deal with Global Atlantic
Manulife Financial Corporation has announced a transformative reinsurance transaction with Global Atlantic, a leading insurance provider. This deal, involving the reinsuring of C$13 billion of ... 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
Gallagher Re acquires Lloyd’s broker Bay Risk Services
Arthur J. Gallagher & Co., through its reinsurance unit Gallagher Re, has acquired the business and assets of Bay Risk Services, based in the UK, ... Read More
Flexpoint Ford to sell TigerRisk Partners to Howden Group
Flexpoint Ford has agreed to divest TigerRisk Partners, a US-based risk, capital, and strategic advisor to the insurance and reinsurance industries, to Howden Group. The ... Read More
Aquarian Holdings to acquire controlling stake in Somerset Re
Aquarian Holdings has agreed to acquire a controlling stake in Somerset Reinsurance (Somerset Re), a provider of reinsurance solutions to the life insurance and annuity ... Read More
MetLife wraps up two longevity reinsurance deals with Phoenix Group
MetLife said that its subsidiary — Metropolitan Tower Life Insurance has wrapped up a couple of longevity reinsurance deals with Phoenix Group, a UK-based long-term ... Read More
Covéa to acquire reinsurance company PartnerRe from Exor for $9bn
French mutual insurer Covéa has agreed to acquire Bermuda-based reinsurance company PartnerRe from Dutch holding company Exor for $9 billion in an all-cash deal. Founded ... Read More