Tag: reinsurance

Arthur J. Gallagher & Co. expands reinsurance division with MGB Re acquisition

businessnewstoday- January 16, 2024

Arthur J. Gallagher & Co., a prominent global insurance brokerage, risk management, and consulting services firm, today announced the acquisition of Toronto, Ontario-based MGB Re ... Read More

Thomson Reuters expands reach with acquisition of World Business Media

businessnewstoday- January 16, 2024

Thomson Reuters Corporation (NYSE/TSX: TRI), a renowned global content and technology company, announced its strategic acquisition of World Business Media Limited, a leading provider of ... Read More

AXA Group boosts solvency with €12bn reinsurance agreement via AXA Réassurance Vie France

businessnewstoday- December 20, 2023

AXA Group, a global leader in the insurance industry, has announced a significant reinsurance agreement through its subsidiary AXA France Vie with AXA Réassurance Vie ... Read More

Manulife Financial announces landmark LTC reinsurance deal with Global Atlantic

businessnewstoday- December 12, 2023

Manulife Financial Corporation has announced a transformative reinsurance transaction with Global Atlantic, a leading insurance provider. This deal, involving the reinsuring of C$13 billion of ... Read More

Tata Consultancy Services deploys TCS BaNCS solution for Zurich DIFC

businessnewstoday- June 1, 2023

Zurich Insurance Company DIFC, a global insurance provider, has implemented TCS BaNCS Insurance for Property and Casualty, a cutting-edge solution offered by Tata Consultancy Services ... Read More

Gallagher Re acquires Lloyd’s broker Bay Risk Services

businessnewstoday- March 7, 2023

Arthur J. Gallagher & Co., through its reinsurance unit Gallagher Re, has acquired the business and assets of Bay Risk Services, based in the UK, ... Read More

Flexpoint Ford to sell TigerRisk Partners to Howden Group

businessnewstoday- June 10, 2022

Flexpoint Ford has agreed to divest TigerRisk Partners, a US-based risk, capital, and strategic advisor to the insurance and reinsurance industries, to Howden Group. The ... Read More

Aquarian Holdings to acquire controlling stake in Somerset Re

businessnewstoday- June 7, 2022

Aquarian Holdings has agreed to acquire a controlling stake in Somerset Reinsurance (Somerset Re), a provider of reinsurance solutions to the life insurance and annuity ... Read More

MetLife wraps up two longevity reinsurance deals with Phoenix Group

businessnewstoday- January 31, 2022

MetLife said that its subsidiary — Metropolitan Tower Life Insurance has wrapped up a couple of longevity reinsurance deals with Phoenix Group, a UK-based long-term ... Read More

Covéa to acquire reinsurance company PartnerRe from Exor for $9bn

businessnewstoday- December 19, 2021

French mutual insurer Covéa has agreed to acquire Bermuda-based reinsurance company PartnerRe from Dutch holding company Exor for $9 billion in an all-cash deal. Founded ... Read More