International property and casualty insurance holding company Markel Capital has reached on agreement to purchase Abbey Protection to boost its product range in the UK and improve reach within the country’s retail market. Under the ...
Tags: Markel Capital, Abbey Protection
London-based insurer RFIB Group (RFIB) has officially launched its new representative office in Durban, South Africa, as part of its strategy to boost its operation in the sub-Saharan insurance market. RFIB director John Hoggard has been ...
Tags: RFIB, Representative Office
Equifax (EFX) has launched Advanced Decisioning Attributes, a set of analytical building blocks that enhances the ability to make predictive underwriting decisions. Equifax Advanced Decisioning Attributes delivers more than 500 ...
Tags: Equifax, Underwriting Decisions
Esurance, the direct-to-consumer personal car insurance company, is now offering Texas motorcycle insurance. Texas riders who choose Esurance can get full access to innovative, interactive online tools and technology that help simplify ...
Tags: Motorcycle Insurance, Esurance
New York-based private equity firms J C Flowers & Co and Apollo Global Management are reportedly considering to submit bids for Hartford Financial Services Group’s Japanese annuity business. Three people familiar with the matter ...
Tags: Apollo, Global Management
India-based Jammu & Kashmir Bank is planning to offload entire or a fraction of its 5% stake in life insurance joint venture (JV) MetLife India. J&K Bank CEO and chairman Mushtaq Ahmed was quoted by the Economics Times as saying that the ...
Tags: J&K Bank, Minority Stake
Valen Analytics, a provider of proprietary data, analytics and predictive modeling to help insurance carriers manage and drive underwriting profitability, today announced the availability of Manage within the InsureRight Platform for ...
Tags: Valen Analytics, Insurance
New York’s insurance broker USI Insurance Services (USI) has purchased J Princinsky & Associates, (RJP), a Maryland-based full service group benefits (insurance) agency specializing in strategic benefits planning, for an undisclosed ...
Tags: Insurance
China is predicted to be the top tourist source market for the United States in 2018 with the number of visiting Chinese hitting 4.7 million, the country's official tourism and marketing organization Brand USA said on Tuesday. Chris ...
Liberty International Underwriters (LIU), part of Liberty Mutual Insurance, has introduced its new LIU product recall policy for packagers and co-packers. Called Packagers Protection, the policy has especially been prepared for packagers ...
Tags: Co-Packers, Packagers
Switzerland-based specialty insurance and reinsurance company Allied World Company Holdings (AWH) has launched a new professional indemnity product developed especially for the Asia-Pacific marketplace. Launched by Allied World's ...
Tags: specialty insurance
Fairfax Financial Holdings has completed the acquisition of Bermuda-based specialty insurance company American Safety Insurance (ASI). Under the terms of the transaction, for each common share of American Safety its shareholders will ...
US-based life insurer MetLife has finalized acquisition of a 64.3% stake of Chilean pension fund administrator, AFP Provida from Spanish bank BBVA, in a deal worth approximately $1.54bn. From the sale of AFP, the Spanish bank received ...
Tags: Metlife, life insurer
Commonwealth Annuity and Life Insurance Co, a subsidiary of Global Atlantic, has acquired Aviva USA’s life insurance business following receipt of all necessary regulatory approvals. Global Atlantic Financial Group is a multiline ...
Tags: Life Insurance
French diversified financial service conglomerate SCOR Group has acquired the US life reinsurance business of Italy-based insurer Generali Group, for total gross proceeds of $910m in a combination of cash and collateral. The acquisition, ...
Tags: SCOR Group, Life Reinsurance