Tag archive for ‘Insurance industry news’
By businessnewstoday On Saturday, September 7th, 2019

Markel launches new retrocessional ILS fund manager Lodgepine Capital

(adsbygoogle = window.adsbygoogle || []).push({}); US insurance holding company Markel has launched Lodgepine Capital Management – its new retrocessional insurance linked securities fund manager More...

By businessnewstoday On Thursday, August 29th, 2019

UK has 1,300 insurance scams uncovered every day, finds ABI report

UK Insurance industry news : The UK witnesses 1,300 insurance scams uncovered every day with the average con being £12,000, as per the annual detected fraud figures published by The Association of British Insurers More...

By Raghuram Kadari On Wednesday, August 28th, 2019

Life insurance startup Ethos secures $60m in Series C financing

Ethos, a US-based life insurance fintech startup, has secured a $60 million investment in a Series C financing, bringing the total funding till date to over $100 million, as per the latest insurtech news. The funding, More...

By businessnewstoday On Wednesday, August 7th, 2019

Alliant Insurance Services acquires Oklhaoma-based Fred Daniel & Sons

Insurance acquisition news : US specialty insurance brokerage company Alliant Insurance Services has acquired Oklahoma-based insurance agency Fred Daniel & Sons for an undisclosed price to strengthen its southwest More...

By businessnewstoday On Friday, July 26th, 2019

Kuvare to acquire Nebraska-based Lincoln Benefit Life

Insurance acquisition news : Kuvare US said that its affiliate – Guaranty Income Life Insurance has signed a deal to acquire Lincoln Benefit Life and its affiliates (LBL) from RL LP, a Bermuda limited partnership, More...

By businessnewstoday On Friday, June 14th, 2019

Max Bupa to offer health insurance solutions to IDBI Bank customers

Indian insurance industry news : IDBI Bank and standalone health insurer (SAHI) Max Bupa entered into a bancassurance corporate agency agreement under which the latter will offer its health insurance solutions to More...

By businessnewstoday On Tuesday, May 21st, 2019

Goldman Sachs to acquire UK insurance broker Aston Lark from Bowmark

Goldman Sachs acquisition of Aston Lark : Goldman Sachs through its merchant banking division, is set to acquire UK insurance broker Aston Lark from private equity firm Bowmark Capital for an undisclosed price. As More...

By businessnewstoday On Sunday, May 12th, 2019

Relation Insurance acquires insurance broker Service First Insurance

Insurance acquisition news : Relation Insurance Services has acquired Virginia-based insurance brokerage Service First Insurance (SFI) for an undisclosed price. Service First Insurance has been addressing the personal More...

By businessnewstoday On Tuesday, January 1st, 2019

AIG acquires UK group risk specialist Ellipse from Munich Re

AIG acquisition of Ellipse : American International Group (AIG) has wrapped up its previously announced acquisition of Ellipse, a specialist provider of group life risk protection in the UK, from German reinsurance More...

By Soujanya Ravi On Monday, October 8th, 2018

Ardonagh to buy Swinton Group from Covea for £165m

Ardonagh acquisition of Swinton : The Ardonagh Group, the Jersey-incorporated owner of Autonet and Towergate, has signed a deal of around £165 million to acquire Swinton Group, the UK personal lines insurance broking More...