RenaissanceRe acquires Validus Re from AIG in a lucrative $4.5bn deal
American International Group (AIG), a global insurance behemoth headquartered in the US, has announced its decision to divest Validus Re to RenaissanceRe Holdings Ltd.
JAB acquires majority stake in Pumpkin Insurance, expanding its pet insurance leadership
JAB Holding Company, a major investor in consumer-focused industries, has acquired a majority stake in Pumpkin Insurance Services Inc., a top-tier preventive care and pet insurance provider.
Goosehead Insurance acquires Vivint for $5.5m
Goosehead Insurance, an independent personal lines insurance agency, has acquired Vivint Smart Home’s insurance book which includes more than 15,000 policies for $5.5m in cash.
Antarctica Capital to acquire life and annuity platform Midwest Holding
Midwest Holding, a technology-driven life and annuity platform, is to be acquired by international investment firm Antarctica Capital in a transaction valued at $100m.
Zinnia to acquire digital insurance marketplace Policygenius
Zinnia, a life and annuity insurance technology and digital services company, is acquiring digital insurance marketplace Policygenius.
Direct Line in By Miles take-over
Direct Line has acquired By Miles Group, a Managing General Agent (MGA) and provider of real-time pay-by-mile insurance policies.
Canada Life to acquire IPC to bolster wealth management reach
The Canada Life Assurance Company is to acquire Investment Planning Counsel (IPC) an independent wealth management firm from IGM Financial.
Pinnacle Pet Group acquires Animal Friends to drive innovation in pet insurance
Pinnacle Pet Group (PPG), a pan-European pet insurance provider with JAB Holding Company as controlling shareholder, has acquired Animal Friends to drive innovation in pet insurance.
Arch Insurance acquires small business InsurTech Thimble
Arch Insurance has acquired Thimble, an InsurTech platform for small business customers and agents.
Sproutt sets out to reshape life insurance distribution
Sproutt, a life insurance company, has launched Sproutt SmartLife for Agencies and acquired full-service life insurance brokerage The Reder Agency.
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