Howden secures regulatory nod to acquire 100% stake in Indian arm
UK-based insurance broker Howden has received regulatory approval to increase its shareholding in Howden Insurance Brokers India (Howden India) from 49% to…
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Urban Jungle raises £16.5m to scale UK home insurance business
British insurtech Urban Jungle has secured £16.5m in a Series A investment round led by Intact Ventures. Ingka Group also…
Generali increases stake in Cattolica to 91.5%
Italian insurance major Generali has increased its stake in rival Società Cattolica di Assicurazione (Cattolica) via a reverse accelerated book-building (RABB) procedure.…
HDI International to pay $311m for retail arm of Sompo Seguros
Talanx Group subsidiary HDI International has brokered a deal to acquire retail operations of Sompo Seguros in a deal valued at $311.45m…
Hale to invest $15m in FedNat subsidiary Monarch National Insurance Company
FedNat Holding, an insurance holding company, has signed an agreement with Hale Partnership Capital Management following which funds managed by…
Aegon to sell 50% stake in Spanish insurance JV with Liberbank
Dutch insurance firm Aegon has announced plans to sell its stake in Spanish insurance joint venture with Liberbank. Spanish lender Unicaja Banco…
Credit Agricole Italy keen to invest in insurance business of Banco BPM
Credit Agricole Italy is keen on investing in insurance operations of Italian lender Banco BPM, reported Reuters. As part of…
Paytm to invest $122m in joint venture general insurance company
One97 Communications (OCL), a digital financial services company operating under Paytm brand, is planning to invest $121.9m (INR9.5bn) in its…