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Financial details of the transaction, which is subject to regulatory approval, have not been revealed. The acquisition will strengthen Allianz Suisse's competitive position in Switzerland. The combined premium income from the three
As per the deal, Singapore Life will be responsible for all of Zurich Life Singapore’s customers’ policies covering life, critical illness and disability benefits that amount of $4.51bn (SGD6
K&C was incorporated in 1975 by John (Jack) Kerwick and Frank Curran as reinsurance intermediaries and wholesale brokers. The company, which has offices in Tarrytown and Melville, New York,
The deal includes Markerstudy Insurance Company, Zenith Insurance, St Julians Insurance Company and Ultimate Insurance Company. Financial details of the acquisition have not been disclosed. Markerstudy underwrites over 5%
The move completes the first stage in the creation of the companies' joint venture and strategic partnership. Total consideration at the initial stage of the transaction is £500m. The transaction helps
Enstar acquired Pavonia from HSBC Finance in 2013 and it represented the company’s North American life and annuities business. Before it was placed into run-off in 2011, Pavonia
With this acquisition, ownership in TCW by TCW management and employees increases to 44.07% while Carlyle will maintain the 31.18% interest in the company through its long duration private equity
The syndicate will allow GIC Re to expand the group’s international portfolio. The company partnered with Ironshore’s Pembroke Managing Agency to set up and manage the syndicate. Pembroke is a specialist
Japanese giant Softbank led the Series C funding round, which also saw participation from existing investors. SoftBank Group's David Thevenon will join Lemonade's board. Other investors in the round
The remaining 49% stake will be owned by a subsidiary of Bershire Hathaway. Global manages the Global Aerospace Pool. Munich Re’s share in the pool will increase by