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Life Insurance & Pensions News

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1-15 of 1692 results
AIG Life to buy Ellipse from Munich Re
By IBR Staff Writer
AIG Life, a UK subsidiary of AIG Life & Retirement, has agreed to acquire Ellipse, an insurer that provides group risk insurance, from Munich Re.
Life Insurance & Pensions > News
ADIA to buy 21.4% stake in specialist UK insurer from J.C. Flowers
By IBR Staff Writer
The Abu Dhabi Investment Authority (ADIA) has agreed to acquire up to 21.4% stake in Pension Insurance Corporation Group from J.C. Flowers.
Life Insurance & Pensions > News
LCCG to acquire Equitable Life for £1.8bn
By IBR Staff Writer
European life assurance group Life Company Consolidation Group (LCCG) has agreed to acquire Equitable Life Assurance Society (Equitable Life) for £1.8bn.
Life Insurance & Pensions > News
Ethos secures $11.5m financing to build life insurance company
Life insurance company Ethos has secured $11.5m in financing led by Sequoia Capital along with Stanford University, Arrive, a subsidiary of Roc Nation, Robert Downey Jr.'s Downey Ventures, Kevin Durant's Durant Company, Will Smith's Smith Family Circle, and a credit facility from Silicon Valley Bank.
Life Insurance & Pensions > News
Britam to sell 340 million shares to Swiss Re for $48m
Kenyan insurance company Britam is selling 13.81% or 348,504,000 ordinary shares to Swiss Re for an amount of (KES4.8bn) $48m.
Life Insurance & Pensions > News
M&G Prudential extends partnership with TCS
By IBR Staff Writer
M&G Prudential and Tata Consultancy Services (TCS) have extended their agreement, under which TCS will manage an additional of 1.8 million customer policies in a $668m deal.
Life Insurance & Pensions > News
Integro Group closes acquisition of Tysers
Insurance brokerage and speciality risk management firm Integro Group Holdings has completed the acquisition of Hawkes Bay Holdings (HBH), the privately-owned principal parent company of Tyser & Co (Tysers), a Lloyd’s broker.
Life Insurance & Pensions > News
Arthur J. Gallagher acquires stake in Hesse & Partner AG and Hesse Consulting
Arthur J. Gallagher has acquired a majority stake in Zurich, Switzerland-based Hesse & Partner AG and Hesse Consulting.
Life Insurance & Pensions > News
Lloyds Bank sells stake in Standard Life Aberdeen for £344m
By IBR Staff Writer
Lloyds Banking Group has sold its remaining 3.3% stake in Standard Life Aberdeen for £344m.
Life Insurance & Pensions > News
Lincoln Financial offers online chat capabilities to service policies
Lincoln Financial Group is offering online chat capabilities to service policies.
Life Insurance & Pensions > News
AXA chooses SecurityScorecard to reduce risk in cyber insurance
French insurance giant AXA has selected SecurityScorecard to provide security ratings as part of the underwriting process for its cybersecurity business.
Life Insurance & Pensions > News
Athene closes reinsurance transaction with Voya Financial
Athene has completed its transaction with Voya Financial to reinsure about $19bn of fixed and fixed indexed annuity liabilities.
Life Insurance & Pensions > News
Allianz to buy 8% stake in African Reinsurance
By IBR Staff Writer
Germany-based insurance company Allianz Group has agreed to acquire a 8% minority stake in African Reinsurance (Africa Re).
Life Insurance & Pensions > News
Mitsui Sumitomo to buy 37.5% stake in BoComm Life from Commonwealth Bank
By IBR Staff Writer
Mitsui Sumitomo Insurance (MSI) has agreed to acquire 37.5% stake in Chinese insurance company BoComm Life Insurance from Commonwealth Bank’s subsidiary Colonial Mutual Life Assurance Society (CMLA) for RMB3.2bn ($668m).
Life Insurance & Pensions > News
Allstate pioneers use of AI with their first Amelia deployment
Allstate Insurance is using IPsoft’s Amelia tool to support call center teams countrywide.
Life Insurance & Pensions > News
1-15 of 1692 results