PIB Group snaps up Marx Re-Insurance Brokers in Germany
PIB Group has acquired Munich-based Marx Re-Insurance Brokers for an unknown sum, expanding its into the reinsurance market. The move aligns with PIB’s existing scheme for…
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Great American Insurance Group introduces new product for construction projects
The Property & Inland Marine Division of Great American Insurance Group has introduced Cornerstone Complete, a comprehensive product to…
Munich Re may lead $70m financing round in Acko Technology
Munich Re Ventures, the strategic corporate venture capital arm of Munich Reinsurance, may lead a financing round in Acko…
IAG partners with Socotra for new auto insurance product
Australian general insurer IAG has partnered with Socotra to power its recently-launched Poncho Insurance brand and new auto insurance…
Tokio Marine wraps up GCube acquisition
Tokio Marine has completed the previously announced acquisition ofGCube, a specialist renewable energy underwriter. The company expects to create…
Travelers extends Covid-19 auto premium credit programme to June
The Travelers Companies has extended its Stay-at-Home auto premium credit programme, offering its US personal auto insurance customers a…
Assimoco Group opts for Moody’s Analytics SolvencyWatch solution
Italian insurance provider Assimoco Group has selected Moody’s Analytics SolvencyWatch solution to monitor key solvency metrics. The SolvencyWatch solution,…
Aktia completes acquisition of Alandia’s life insurance portfolio
Aktia Life Insurance, part of Finnish asset manager AktiaBank, has wrapped up the acquisition of the life insurance portfolio…
Roost enters into strategic partnership with American National Insurance Company
Roost has entered into a strategic partnership with Texas-based American National Insurance Company to help mitigate claim costs and…