AMP to divest wealth protection and mature businesses for $2.3bn
In another deal, AMP has signed a binding reinsurance agreement with Swiss Re covering the New Zealand retail wealth protection portfolio, which is expected to generate up to
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ContinueLearn More XIn another deal, AMP has signed a binding reinsurance agreement with Swiss Re covering the New Zealand retail wealth protection portfolio, which is expected to generate up to
The new resource provides advisors affiliated with Ladenburg’s independent advisory and brokerage (IAB) subsidiaries with education, training and sales support in order to identify and implement effective solutions
The US company, which currently holds around 28% stake in Symbility, expects to expand its insurance and international footprint, through the transaction. Symbility chairman and CEO James Swayze
The transaction is expected to close in November 2018, subject to certain closing conditions. Jim Hays formed the Hays Companies in 1994. Since formation, Jim, along with Mike
Alston Gayler is expected to strengthen the offering of Miller Insurance to clients and boost the latter’s position as a London wholesale and specialist broking platform. The (re)insurance
On October 10, 2018, Hurricane Michael made landfall along Florida’s Panhandle near Mexico Beach. At landfall, Michael was a Category 4 hurricane with winds of approximately 155 mph.
As part of the deal, Gallagher purchased both Portmore Insurance Brokers and Portmore Insurance Brokers (Wiltshire). Established in 2006, the Southampton-based Portmore began as a mid-market focused insurance
The final aggregate purchase price of $28.6 million has been redeployed primarily to acquire limited liability investments, equity investments and other investments, which were owned by Mendota at
The substantial minority investment, which is expected to come from funds managed by Altas Partners, gives Hub International a total enterprise value of more than $10bn. Funds managed
The transaction became effective October 1, 2018. Founded in 2004, DBR is an employee benefit and actuarial consulting firm providing a full range of benefits consulting and brokerage