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It will provide CFIUS with more time to review and discuss the proposed acquisition of Genworth by China Oceanwide. CFIUS has agreed to proceed directly to a 45-day investigation
The company secured approval from the Ministry of Finance of Luxembourg to set up a new subsidiary, SI Insurance (Europe), SA (SIIE). SIIE, which will become operational later this year,
The lab will focus on designing technology-driven solutions to meet the varying requirements of the Lloyd’s market. It will enable new concepts, idea and products to be test in
Subject to regulatory approvals, the deal is expected to be closed in the second half of this year. Generali Belgium has about 420,000 customers who are served by
Monument Re signed the agreement, which is subject to regulatory approval, via its Ireland domiciled subsidiary Laguna Life DAC. The Irish subsidiaries of Monument Re trade as Monument
The consortium comprises SBI Life Insurance, Max Life Insurance, Canara HSBC OBC Life Insurance, Edelweiss Tokio Life, IDBI Federal Life Insurance, Birla Sun Life Insurance, HDFC Life, Kotak
The two transactions were announced back in July and August 2017, respectively. The sales are part of the company’s strategy to rationalise its international footprint and to improve its
The insurer has worked with cyber risk management specialists TSC Advantage and FICO in order to develop the product which has been designed to help insureds, at no additional cost, evaluate and enhance their
The company had entered into an agreement with its main occupational benefits foundations in this regard. From next year onwards, under the semi-autonomous model, death and disability provisions
The company raised €23m in a series A funding round led by Index Ventures. Xavier Niel also invested in the round, which saw participation fromprevious investors including OpenCNP, Partech and