Allianz to buy 8% stake in Africa Re
German insurance giant Allianz Group has agreed to acquire 8% stake in African Reinsurance (Africa Re) in a transaction valued…
Month: May 2018
iPipeline rolls out new e-signature for life insurance industry
iPipeline, a cloud-based software solutions provider, has rolled out an electronic signature solution dubbed as AlphaTrust e-Sign for insurance and…
Brexit fallout: Newline Group picks Germany’s Cologne as new EU base
Newline Group, a London-based specialty insurer, has selected Cologne in Germany as its European Union (EU) insurance hub, to secure…
ANZ to sell NZ insurance business to Cigna for $645m
Australia and New Zealand Banking Group (ANZ) has reached an agreement to divest its life insurance business OnePath Life in…
QBE secures nod to establish subsidiary in Belgium
Australia-based QBE has been obtained a license from the National Bank of Belgium (NBB) to set up a new subsidiary…
Generali opens dedicated branch for EB business in Luxembourg
Italian insurer Generali has opened a new branch in the Grand Duchy of Luxembourg dedicated to the employee benefits (EB)…
Why Allianz’s £40m investment in Moneyfarm is a big deal
Digital wealth management outfit Moneyfarm has raised £40m in a new funding round led by Allianz Asset Management Allianz was…
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Indian startup Acko raises $12m in funding led by Amazon
Acko General Insurance, an India-based online insurance startup, has raised $12m in a new round of funding led by e-commerce…