Nexus and Arma Underwriting to unite to dominate specialty reinsurance in Dubai
Nexus Underwriting has entered into an agreement to acquire Arma Fusion, the parent company of Arma Underwriting.
Aviva to acquire Direct Line in £3.7bn deal to enhance UK insurance market
Aviva, a leading insurance company, has successfully agreed to acquire Direct Line Group, valuing the latter at approximately £3.7bn.
According to Coverager, the acquisition...
Bridge Specialty Group strengthens portfolio with acquisition of ARMR assets
Bridge Specialty Group, a subsidiary of Brown & Brown, has acquired the assets of American Risk Management Resources Network (ARMR), furthering its strategy to expand niche capabilities in environmental insurance.
Zurich acquires AIG’s travel insurance business to strengthen global footprint
Zurich Insurance Group (Zurich) has officially acquired AIG’s global personal travel insurance and assistance business, including Travel Guard, for $600m, with the potential for an additional earn-out payment.
Arthur J. Gallagher acquires AssuredPartners in $13.45bn deal
Arthur J. Gallagher has announced its acquisition of AssuredPartners in a deal valued at $13.45bn.
Aviva announces £3.6bn acquisition of Direct Line to dominate UK insurance market
Aviva, a leading British multinational insurance provider offering a range of life, general, and health insurance products, has entered into a preliminary agreement to acquire Direct Line for £3.6bn.
Sony Financial Group acquires Japanese InsurTech startup JustInCase
Sony Financial Group, a major player in the property and casualty (P&C) and life insurance markets, has announced the acquisition of Japanese InsurTech startup JustInCase.
Centana Growth Partners acquires $60m stake in First Connect Insurance to expand U.S. independent...
Centana Growth Partners has acquired a majority stake in First Connect Insurance, an InsurTech platform focused on empowering independent insurance agents in the U.S.
Hub International acquires Western Growers Insurance Services to expand agribusiness insurance offerings
Hub International Limited (Hub) has acquired Western Growers Insurance Services (WGIS) to strengthen its service offerings in the agribusiness sector.
Swiss Re sells iptiQ’s European P&C arm to Allianz Direct as part of strategic...
Swiss Re, a global reinsurance leader based in Switzerland, has announced the sale of its iptiQ European P&C business to Allianz Direct, the pan-European digital insurer of Allianz Group.
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