All articles by vidhya munnangi
vidhya munnangi
MMA acquires Excel Insurance
Set up in 2020, Excel offers property/casualty insurance targeting individuals and small businesses in South Florida.
ERGO concludes acquisition of NEXT Insurance
NEXT Insurance specialises in digital insurance solutions tailored for small business owners in the US.
Ardonagh secures $2.5bn equity investment at $14bn valuation
The investment also witnessed participation from co-investors associated with Stone Point, as well as Madison Dearborn Partners and HPS Investment Partners.
Chariot Re debuts with reinsurance deal backed by MetLife and General Atlantic
Chariot Re has undertaken its first roughly $10bn reinsurance transaction with a MetLife subsidiary.
Unum America closes reinsurance transaction with Fortitude Re
The agreement involves Unum America ceding $3.4bn of LTC reserves and nearly $120m of in-force IDI premiums.
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Nationwide concludes purchase of Allstate’s employer stop-loss arm
The acquisition is set to enhance Nationwide’s product offerings by expanding its capabilities in selling stop-loss insurance.
UK competition regulator clears Aviva’s £3.7bn bid for Direct Line
CMA determined that the merger does not require a phase-two investigation.
Hancock Claims Consultants to buy Knight’s Solutions
Knight’s Solutions provides services including ladder assist, virtual assist, direct inspections, and post-construction services.
B.P. Marsh raises stake in Pantheon to 39%
B.P. Marsh has also arranged a £5m revolving loan facility for Pantheon, with £3.5m drawn upon the deal’s completion.
Symetra to buy Dearborn Group’s life and disability business
Additionally, Symetra has signed a product distribution agreement with HCSC, the parent company of Dearborn.