China calls on top insurers to buy bonds to support market stability
China has asked the country’s largest insurance firms to purchase bonds offloaded by retail investors, Bloomberg reported citing people privy to…
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Assicurazioni Generali looking to divest Italian life insurance portfolio
Assicurazioni Generali is contemplating divestment of an approximately €20bn ($21bn) life insurance portfolio in Italy, Bloomberg has reported. People familiar…
Alliant Insurance Services buys Polley Insurance and Risk Management
Alliant Insurance Services has announced the acquisition of Polley Insurance and Risk Management for an undisclosed sum. The acquired firm develops personalised…
SPG takes over wholesale brokerage Business Underwriters Associates
Specialty Program Group (SPG) has bought the assets of Business Underwriters Associates (BUA), a wholesale brokerage general agency focusing on life, annuities,…
Applied Europe buys insurance software developer Riskhandler
Insurance automation pioneer Applied Europe has bolstered its commercial lines distribution capabilities with the purchase of Riskhandler. Financial terms of…
Get Covered wraps up Series A-2 funding round
American insurance technology firm Get Covered has raised $6m in its Series A-2 funding round to accelerate business growth. The…
Canada’s Westland Insurance buys Hyndman Insurance Group
Canadian insurance broker Westland Insurance has announced the acquisition of an independent intermediary Hyndman Insurance Group. The financial terms of the transaction…
Novatae buys construction insurance specialist Olympic Advisors
Insurance brokerage Novatae Risk Group has taken over US-based Olympic Advisors, which operates as Nationwide Contractors’ Alliance (NWCA). The deal…