InsuranceSwiss Re to sell insurance subsidiary to Phoenix for £3.25 bnInternational Finance DeskDecember 9, 2019 by International Finance DeskDecember 9, 2019 The acquisition of ReAssure will enable Phoenix to firm up its European presence as the largest insurance provider... Read more
InsuranceAXA acquires Lloyd’s coverholder Secure Legal TitlePritam BordoloiNovember 28, 2019 by Pritam BordoloiNovember 28, 2019 AXA XL also announced the acquisition of Armour Secure, a Mexican title insurer affiliated to Secure Legal Title... Read more
InsuranceUK Insurtech startup Zego first to get insurance licencePritam BordoloiNovember 13, 2019 by Pritam BordoloiNovember 13, 2019 While Zego will continue to work with its partners, the licence will help the startup innovate new policies... Read more
InsuranceAmGeneral-Allianz merger deal may have collapsedPritam BordoloiOctober 1, 2019 by Pritam BordoloiOctober 1, 2019 Reportedly, the Malaysian central bank sees the merged entity as too big for the market... Read more
InsuranceInsurers fight for Aviva’s $2.5 bn Southeast Asia businessPritam BordoloiSeptember 25, 2019November 1, 2019 by Pritam BordoloiSeptember 25, 2019November 1, 2019 Allianz and Nippon Life among the companies fighting for Aviva’s Singapore and Vietnam businesses... Read more
InsuranceFrance’s CNP to sign $1.7 bn insurance deal with Brazil bankPritam BordoloiSeptember 20, 2019November 4, 2019 by Pritam BordoloiSeptember 20, 2019November 4, 2019 CNP will sell insurance through Caixa’s 3000 branches... Read more
InsuranceIF EXCLUSIVE: After raising $18 mn, UAE insurtech eyes Middle EastInternational Finance DeskAugust 28, 2019March 18, 2020 by International Finance DeskAugust 28, 2019March 18, 2020 Aqeed aims to help insurance players across the Middle East enhance ROI and customer experience... Read more
InsuranceAllianz to achieve 2019 target after Q2 profit up 13.5%International Finance DeskAugust 3, 2019 by International Finance DeskAugust 3, 2019 The net profit of €2.14 billion on a revenue of €33.2 billion is much better than what was estimated by analysts... Read more
InsuranceSeveral rivals interested in $2.75 bn Aviva Asia insurance unitInternational Finance DeskAugust 2, 2019 by International Finance DeskAugust 2, 2019 Aviva is in talks with a financial adviser regarding the possible sale and a formal process could begin in the fourth quarter... Read more
InsuranceMalaysia approves RHB Bank insurance sale to Tokio MarineInternational Finance DeskAugust 1, 2019 by International Finance DeskAugust 1, 2019 The merger between insurance arm of RHB Bank and Tokio Marine is set to create the second largest general insurer in the country... Read more