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Life Insurance & Pensions News

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46-60 of 1700 results
Prudential to sell £12bn of UK annuity portfolio to Rothesay Life
By IBR Staff Writer
British multinational life insurance and financial services firm Prudential has agreed to divest £12bn of UK annuity portfolio, covering 400,000 policyholders, to Rothesay Life.
Life Insurance & Pensions > News
Centerbridge-led consortium completes $952m acquisition of Canopius
By IBR Staff Writer
A private equity consortium led by Centerbridge Partners has completed the $952m acquisition of Canopius from Sompo Holdings.
Life Insurance & Pensions > News
Sanlam to buy remaining stake in Saham's insurance business for $1.05bn
By IBR Staff Writer
South African financial services group Sanlam will acquire the remaining 53.37% stake in Saham Group's insurance business for $1.05bn.
Life Insurance & Pensions > News
FICO Cybersecurity Insurance Dashboard offers underwriters modeling and analysis tools
FICO announced that the FICO Enterprise Security Score is the first cybersecurity rating to include powerful risk assessment and modeling capabilities to help insurers make better underwriting, pricing and portfolio decisions, and meet profitability targets for their cyber book of business.
Life Insurance & Pensions > News
MassMutual to sell majority stake in Japanese subsidiary to Nippon Life
By IBR Staff Writer
MassMutual International has agreed to sell 85.1% stake in it is Japanese subsidiary, MassMutual Japan, to Nippon Life for JPY104.2bn ($935m).
Life Insurance & Pensions > News
Asta Capital completes sale of Pelican Underwriting to MUM
Asta, a third party managing agent at Lloyd’s, has sold its managing general agent (MGA) Pelican Underwriting One Limited (Pelican), which trades as Pelican Underwriting, to Manchester Underwriting Management (MUM).
Life Insurance & Pensions > News
CBL Insurance Europe goes into administration
By IBR Staff Writer
The Central Bank of Ireland has appointed an administrator to CBL Insurance Europe dac (CBLIE) to avoid a disorderly failure of the company.
Life Insurance & Pensions > News
Y-Risk to offer cyber and technology E&O insurance
Specialty underwriting management company Y-Risk has been approved as a Lloyd’s coverholder to provide cyber and technology E&O insurance.
Life Insurance & Pensions > News
Zurich to buy QBE’s Latin American operations for $409m
By IBR Staff Writer
Zurich Insurance Group has agreed to acquire the Latin American operations of QBE Insurance Group (QBE) for $409m.
Life Insurance & Pensions > News
Aviva to sell Spanish life insurance and pensions JV to Bankia
Aviva has agreed to sell the entire stake in life insurance and pensions joint ventures Cajamurcia Vida and Caja Granada Vida to Bankia for €202m.
Life Insurance & Pensions > News
Standard Life Aberdeen to sell insurance business to Phoenix for £3.2bn
By IBR Staff Writer
UK-based Standard Life Aberdeen has agreed to sell its insurance business to Phoenix Group in a deal worth £3.24bn.
Life Insurance & Pensions > News
BIBA, Lloyd’s and ABIT join Tech City UK’s Insurtech Board
By IBR Staff Writer
Tech City UK’s fintech delivery panel has created a new subgroup with a particular focus on insurtech and innovation.
Life Insurance & Pensions > News
RSG to acquire New Day Underwriting Managers
Ryan Specialty Group (RSG) has agreed to acquire the assets and operations of New Day Underwriting Managers, a specialty intermediary with offices in Hamilton, New Jersey.
Life Insurance & Pensions > News
Allianz Worldwide Partners UK chooses Optal to optimize claims payments
Allianz Worldwide Partners UK has selected Optal to help optimize payments to its network of suppliers.
Life Insurance & Pensions > News
Principal Financial completes acquisition of MetLife Afore in Mexico
By IBR Staff Writer
Principal Financial Group has closed the acquisition of MetLife Afore, MetLife’s pension fund management business in Mexico.
Life Insurance & Pensions > News
46-60 of 1700 results