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Canadian insurance firm Manulife Financial, through its subsidiary Manulife (Vietnam), has signed a 16-year bancassurance deal with Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank). The
Massachusetts Mutual Life Insurance (MassMutual) has agreed to acquire Flourish, a fintech platform for registered investment advisers (RIAs), from Stone Ridge Asset Management. The financial terms of the
BBVA Allianz Seguros, the bancassurance joint venture between Allianz Seguros and BBVA announced in April of this year, begins its operations in Spain. The new venture combines BBVA’s banking
France-based mutual insurance company Macif is reportedly planning to submit an offer worth around €3bn to acquire British insurer Aviva’s French operations. The French insurer has stepped up
Verlingue’s UK subsidiary has agreed to acquire Portuguese insurance broker Luso Atlantica for an undisclosed price, in a move to consolidate its European operations. Luso Atlantica is engaged
Burnham Benefits Insurance Services, Inc. (“BBIS”), Burnham Gibson Wealth Advisors, Inc. (“BGWA”) and Burnham Risk and Insurance Solutions, LLC (“BRIS”) (collectively, “Burnham”), a full-service provider of employee benefits consulting,
MetLife has agreed to sell its auto and home insurance business, Metropolitan Property and Casualty Insurance, to Zurich Insurance Group’s subsidiary Farmers Group (FGI) and Farmers Exchanges for
Fidelis Insurance Holdings Limited (“Fidelis” or the “Company”) is pleased to announce that in the fourth quarter of 2020 it has raised an additional $60 million of equity
Romania-based Allianz-Tiriac Asigurari has agreed to acquire Gothaer Asigurari Reasigurari (Gothaer Romania), the Romanian subsidiary of German insurance firm Gothaer Group for an undisclosed price. According to Allianz-Tiriac
Aviva announces it has completed a £103million bulk purchase annuity transaction for the Homestyle 2007 Pension Scheme. Aviva will insure the defined benefit pension liabilities of all 1,294