Private equity company CVC Capital Partners (CVC) is engaged in discussions with the Advent International in the US, to acquire British home appliance insurer Domestic & General. Sources familiar with the development were quoted by ...
Tags: Insurer, CVC Capital Partners
British multinational life insurance company Aviva and Bank Zachodni WBK have reached an agreement to expand their ongoing strategic partnership in Poland until 2033. As per terms of the agreement, the UK-based insurer will increase its ...
Tags: Aviva, Zachodni WBK
A major UK Insurer has awarded a multi-year agreement to Symbility Solutions for integration of claims management software and mobile scoping tool into its organization through its European partner, The Innovation Group (TIG). Scheduled ...
Tags: UK Insurer, Symbility Solution
Legal & General (L&G), the UK based diversified financial conglomerate, is planning to purchase New Ireland Assurance's existing annuity business as well as a fraction of its future business, in a deal valued at nearly 136m (£114m). ...
Malaysia-based banking group AMMB Holdings is looking for potential buyers to dispose of certain stake in its life insurance operations, in a bid to raise nearly $600m from the deal. Sources familiar with the deal were quoted by the Wall ...
Tags: Life Insurance, Insurance
London based underwriter Aviva has entered into a settlement agreement to transfer its entire holding in Spanish joint venture (JV) Aseval to lender Bankia for 608m (£494m) in cash, which will be held in trust. Pending receipt of ...
Tags: insurer, insurance, cash earnings, Aviva
UK insurer Prudential has finally selected and appointed Paul Manduca as its new chairman, which will be effective from 2 July 2012. Paul Manduca will replace Harvey McGrath, who decided to leave the firm after being criticized for ...
Tags: Prudential, Paul Manduca, new chairman