Category: Insurance industry news

Gufic Biosciences secures NMPA approval to market Prilocaine (API) in China

businessnewstoday- June 16, 2023

Gufic Biosciences has received approval from the National Medical Products Administration (NMPA) in China for its product, Prilocaine (API), an amide-type local anesthetic. The approval ... Read More

Generali to launch cyber insurance solutions for corporates and SMEs

businessnewstoday- December 16, 2021

Italian insurance giant Generali has joined forces with Accenture and Vodafone Business to launch cyber insurance solutions for corporate and small and mid-size enterprise (SME) ... Read More

Willis Towers Watson to divest Willis Re to Arthur J. Gallagher in $4bn deal

businessnewstoday- August 14, 2021

Willis Towers Watson (WTW) has agreed to sell Willis Re, its treaty reinsurance brokerage operations, to Arthur J. Gallagher & Co in a deal worth ... Read More

Apollo Insurance Solutions gets coverholder status with Lloyd’s of London

businessnewstoday- May 5, 2021

Apollo Insurance Solutions, a Canadian online insurance provider, said that it has secured coverholder status with insurance and reinsurance market Lloyd’s of London. The coverholder status ... Read More

Allstate Life Insurance Company of New York to be sold to Wilton Re

businessnewstoday- March 29, 2021

The Allstate Corporation, an Illinois-based insurance company, has agreed to sell Allstate Life Insurance Company of New York (ALNY) to Wilton Re for $220 million. ... Read More

Constellation Insurance to acquire Ohio National for $1bn

businessnewstoday- March 23, 2021

Constellation Insurance has agreed to acquire Ohio National Mutual Holdings (ONMH) and its subsidiary Ohio National Financial Services for $1 billion. Backed by institutional investors ... Read More

Chubb Hartford merger : Swiss insurer offers to acquire The Hartford for $23.2bn

businessnewstoday- March 20, 2021

Chubb Hartford merger : Swiss property and casualty insurance company Chubb has offered to acquire The Hartford Financial Services Group for $65 per share or ... Read More