AIA secures nod to set up new Henan branch
Life insurance firm AIA Group’s subsidiary AIA China has received the regulatory clearance to launch a new branch in China’s…
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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…
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…
Ageas to increase stake in Ageas Federal Life Insurance
International insurance group Ageas has agreed to acquire additional 25% stake in its Indian Life insurance joint venture Ageas Federal…
Insurtech Traffk launches digital life insurance platform
US-based insurance underwriting and distribution platform Traffk has announced the launch of Hero Life Insurance. Hero Life offers digital life…
MIB signs deal to buy Canada’s APEXA from RSA
MIB Group has brokered a deal with a subsidiary of Reinsurance Group of America (RSA) to acquire APEXA for an undisclosed sum.…
Underinsurance is a concern for SMEs owing to economic struggles
Underinsurance will remain a concern in 2022 for SMEs, as global supply chain challenges and labour shortages cause prices to…
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USI buys Ames-Grenz Insurance Services
USI Insurance Services has taken over California-based employee benefits brokerage and advisory company Ames-Grenz Insurance Services for an undisclosed sum.…