UK-based life and general insurer Aviva has embarked on a conditional agreement to divest its entire 39% stake in Eurovita Assicurazioni, to New York-based private equity firm JC Flowers, in a cash transaction valued at approximately ...
Tags: Aviva Agrees, Insurer
EGI Financial (EGI) has inked a definitive stock purchase agreement with a specialty insurance firm, White Pine Insurance Company (White Pine), to dispose of its US non-standard automobile insurance operations. Based on the agreement, ...
Tags: EGI Financial
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
HSBC and Zurich Insurance have launched a new wealth product named SavingsPlus in the Middle East, as part of their 10-year partnership agreement to distribute life and general insurance products. The new product is expected to address ...
Tags: Zurich Insurance, HSBC
Fidelity Life Assurance Company has purchased most of life insurance business from New Zealand insurance company Tower in a deal valued at approximately NZ$189m ($159.54m). The deal has enabled Tower to concentrate on general insurance ...
HSBC Middle East has inked an exclusive agreement with Zurich Insurance Middle East for distribution of its personal and commercial general insurance products in the UAE over the next ten years. Involving distribution in other Middle East ...
Tags: General Insurance, HSBC
London-headquartered diversified financial conglomerate HSBC is gearing up to offload its general insurance business in Macau, as part of its strategy to get rid of unprofitable businesses across the globe. One of its indirect wholly ...
HSBC Insurance (Singapore) has agreed to dispose of its group term life insurance and group medical insurance portfolios in Singapore to AXA Life Insurance Singapore, for an undisclosed sum. According to the underwriter, the gross asset ...
Tags: HSBC, Medical Insurance, Insurance
US life insurer MetLife is likely in the process of selling its UK bulk annuities business, MetLife Assurance Limited, in a deal which might be valued around pound 1bn, in a bid to consolidate its operations. The sale is part of the ...
Netherlands based insurer Aegon has signed a 25-year strategic partnership with Spain's Banco Santanderto, to distribute both protection and general insurance products in the country. Under terms of the alliance, the lender will offer ...
Tags: insurer Aegon, Netherlands, general insurance products, Banco Santanderto
Netherlands based insurer Aegon has signed a 25-year strategic partnership with Spain's Banco Santanderto, to distribute both protection and general insurance products in the country. Under terms of the alliance, the lender will offer ...
Tags: insurer Aegon, Netherlands, general insurance products, Banco Santanderto
India International Insurance(III),the Singapore-based joint venture of India's five state-owned insurance companies,is planning to further expand its geographical footprint in Asia. III director N.S.R.Chandraprasad was quoted by Press ...