insurer
Swiss Re to divest UK subsidiary ReAssure for $4.3bn
Swiss Re has agreed to offload its UK-based subsidiary ReAssure Group to Phoenix Group in a cash and stock transaction…
Insurer Humana invests $20m in healthcare tech firm Accolade
American health insurer Humana has invested around $20m in Seattle-based healthcare technology company Accolade to further augment its healthcare offerings.…
Commercial insurer CopperPoint to snap up Alaska National Insurance
US-based CopperPoint Insurance Companies has agreed to purchase Alaska National Corporation and its wholly-owned subsidiary Alaska National Insurance Company (ANIC).…
Rothesay Life rakes in £900m in new funding
British insurer Rothesay Life has secured £900m of fresh funding to support its business expansion. The £900m ($1.1bn) funding support…
CVS and insurer Aetna merger secured approval from US judge
Judge Richard Leon of the US District Court for the District of Columbia has approved the merger of pharmacy firm…
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ArgoGlobal to shut down unprofitable Asian operations
ArgoGlobal, a Lloyd’s insurer, has announced that its Syndicate 1200 will shut underwriting operations in Asia and quit majority of…
Sirius Group to rejig global operating structure
Bermudian insurer Sirius Group has decided to overhaul its global operating structure as part of its long-term business objectives to…
FWD plans to foray into Chinese market ahead of potential IPO
Hong Kong-based insurer FWD is planning to foray into Chinese market as part of its strategy to strengthen its non-life…
Sompo teams up with Sanlam to strengthen presence in Kenya
Japanese re/insurer Sompo has teamed up with financial services group Sanlam Kenya to boost its business opportunities in Kenya, Africa.…
Bermuda’s insurer Catalina appoints new CEO for UK operations
Catalina Holdings (Bermuda), a legacy insurance acquisition company, has named Steve Ryland as the new CEO of UK operations. Ryland…