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HDI Global Specialty, a joint venture of Hannover Re and HDI Global, has launched its new insurance platform, dubbed Aviation IQ, to deliver general aviation policies to brokers.
Legal & General Assurance Society, a financial services provider, has closed a £70m buy-in transaction with the ICI Pension Fund, announced in May 2020. The UK-based firm said
High Street Insurance Partners, a company of Huron Capital, has acquired Capital Insurance Group (CIG), a regional property and casualty insurer, for an undisclosed amount. CIG is an
US-based insurance services provider Erie Family Life has introduced its new quick-issue term and whole life insurance product, dubbed ERIExpress Life. Erie Family Life said that its new
US-based national insurance and financial services firm Alera Group has acquired Alper Services for an undisclosed amount, to expand its operations in Chicago. Under the terms of the
Irish software development firm FINEOS has agreed to acquire Limelight Health, a provider of quoting, rating and underwriting solutions for employee benefits, for $75m. The transaction is expected
Aston Lark, the chartered insurance broker supported by Goldman Sachs, has acquired Incepta Risk Management, a UK-based financial consultant, for an undisclosed amount. Incepta is an established Lloyd’s
Munich Re has reported a net profit of €579m, or €4.14 per share, for the second quarter of 2020, a 42% decrease compared to €993m, or €6.88 per
China-based technology-as-a-service platform OneConnect Financial Technology and Swiss Reinsurance (Swiss Re) have teamed up to jointly develop a digital solution for handling motor claims in the European market.
UK-based insurance advisory company PIB Group has acquired corporate chartered Insurance brokerage Rigton Insurance Services for an undisclosed amount. After completion of the deal transaction, the Rigton team