Deal News
Ardonagh to acquire majority shareholding in SRS Group
British insurance broker The Ardonagh Group has reached a deal to purchase a majority shareholding in SRS Group of Companies…
JAVLN acquires underwriting policy management platform from Steadfast
Cloud-based insurance policy management platform JAVLN has purchased Steadfast Group’s Underwriter Central and Insurance Connect businesses for an undisclosed sum.…
abrdn offloads 1.66% stake in HDFC Life Insurance Company
abrdn (Mauritius Holdings), a wholly owned subsidiary of UK-based investment firm abrdn, has sold its 1.66% equity stake in India’s…
Verisk acquires Morning Data to digitally support brokers and MGAs
Insurance data analytics provider Verisk has purchased Morning Data, a software supplier to brokers and managing general agents (MGAs) in…
Guy Carpenter to acquire reinsurance broker Re Solutions
Marsh McLennan unit Guy Carpenter has announced its plan to purchase Israel-based reinsurance broker Re Solutions for an undisclosed sum.…
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Banco BPM exercises option to acquire 65% of Vera Vita and Vera Assicurazioni
Italy’s Banco BPM has exercised a call option to purchase 65% of share capital in Vera Vita and Vera Assicurazioni…
Talanx unit to acquire Liberty Mutual’s Latin America business for €1.4bn
Germany-based insurance group Talanx Group’s Retail International division has entered into a purchase deal to buy Liberty Mutual Insurance’s Latin…
ICICI Bank to increase stake in ICICI Lombard by 4%
The board of ICICI Bank has approved a plan to raise its stake in ICICI Lombard General Insurance Company by…
Inszone acquires Citizens General Insurance Brokers
Inszone Insurance Services has purchased US-based Citizens General Insurance Brokers for an undisclosed sum. Established in 2011 by Philip McClendon,…
Global Atlantic and MetLife sign $19.2bn reinsurance deal
Insurance firm Global Atlantic Financial Group has entered a $19.2bn reinsurance deal with MetLife. The deal was signed between subsidiaries…