MAPFRE agrees to sell stake in Bankia Vida to CaixaBank
Spanish insurance firm MAPFRE has reached an agreement with CaixaBank to offload its stake in Bankia’s insurance arm for around…
Month: December 2021
Lighthouse raises $65m to bolster insurance operations
US-based Lighthouse Management (Lighthouse) has raised $65m through issuance of senior notes in a private placement to bolster its insurance…
HDFC Life forms bancassurance partnership with South Indian Bank
HDFC Life has teamed up with South Indian Bank to expand its reach to the southern states of India. The…
AWS Launches IoT TwinMaker to Create Digital Twins
Concept: Amazon Web Services (AWS) has introduced ‘IoT TwinMaker’ to help developers create digital twins of real-world systems such as…
Libelium Leverages Cloud to Manage Multi-Vendor IoT Environment
Concept: Spanish IoT provider Libelium has launched a cloud platform, Libelium Cloud that can manage multi-vendor IoT environments to empower…
Canopius closes $780m LPT deal with RiverStone
UK-based speciality re/insurance broker Canopius Group has concluded a loss portfolio transfer (LPT) agreement with RiverStone International (RiverStone). The portfolio,…
Arthur J. Gallagher & Co acquires Five Points Benefits Solutions
Arthur J. Gallagher & Co. has acquired Franklin, Tennessee–based Five Points Benefits Solutions, for undisclosed amount. Set up in 2011, Five Points serves…
King Insurance expands footprint via Piedmont deal
US-based full-service insurance broker King Insurance has acquired Piedmont Insurance Associates as part of its expansion plan. The acquired firm…