Brookfield Reinsurance closes $5.1bn American National takeover
Brookfield Asset Management Reinsurance Partners (Brookfield Reinsurance) has concluded the deal worth around $5.1bn to buy American National Group. As…
Financial Services
Latest in
Financial Services
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…
Drone technology has dual benefits for insurers: accurate loss adjustments and cover for users
The use of drones for both commercial and recreational purposes is growing strongly, with GlobalData estimating that the global drone…
By
India’s Digit Insurance looking to raise $500m in IPO at $5bn valuation
Indian fintech start-up Digit Insurance is planning to raise around $500m through an initial public offering (IPO), Reuters reported citing three undisclosed…
Allianz–Sanlam joint venture will see the two insurers become key players in rapidly growing Africa
The partnership between leading insurers Allianz and Sanlam across much of Africa comes as GlobalData anticipates strong growth for the…
By
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…
WTW launches cyber coverage for ports and terminals
Willis Towers Watson (WTW), a British-American insurance brokerage and advisory company, has rolled out specialist cyber coverage for ports and…
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.…