WORLD INSURANCE
Hub International Acquires Quebec-Based Seymour Alper
Hub International Ltd., the Chicago-based insurance brokerage, announced that it has acquired Seymour Alper Inc. Terms of the transaction were…
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Allianz to Buy General Insurance Business of Australia’s Westpac for $534M
Allianz announced it has agreed to purchase the general insurance business of Westpac Banking Corp., the Australian banking group for…
Fairfax Announces Sale of RiverStone Europe to Private Equity Firm CVC
Fairfax Financial Holdings Ltd. announced it has entered into a binding agreement with CVC Capital Partners (CVC) to sell all…
Aon Launches Digital Cyber Insurance for Small and Middle Market Businesses
AON, a leading global professional services firm providing a broad range of risk, retirement and health solutions, today announced the…
Munich Re announces profit target of €2.8bn for 2021; Profit outlook of €1.2bn for 2020
We expect to generate a profit of clearly above 1bn € this year. The pandemic has naturally had a considerable…
AXIS Re Hires Willis Re’s Bangs as Head of Japan
AXIS Re, the reinsurance business segment of AXIS Capital Holdings Ltd., announced the hiring of David Bangs as head of…
TWFG Insurance Acquires Penguin Insurance Services in California
TWFG Insurance has acquired Penguin Insurance Services in Milpitas, Calif. Terms of the deal were not disclosed. Penguin is a…