WORLD INSURANCE
Insurance giant Prudential set to split by end of year
The UK’s biggest insurance firm, Prudential, is set to split itself later this year. The firm will separate the UK…
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Italy’s Cattolica submits bid for UBI’s insurance business
Insurance company Cattolica Assicurazioni has submitted a non-binding offer for the life insurance businesses of Italian banking group UBI Banca.…
SwissRe’s UK business ReAssure to buy Quilter unit for £425m
Quilter has sold its heritage life and pensions devision, Old Mutual Wealth Life Assurance Ltd, to ReAssure, the UK’s sixth…
DARAG strikes legacy portfolio transfer deal with German re/insurer SOVAG
European legacy acquirer DARAG Group has signed a new portfolio transfer pact with Germany-based re/insurer major SCHWARZMEER UND OSTSEE Versicherungsaktiengesellschaft…
AIG To Stop Providing Public Liability Cover For Hotels
Insurance company AIG plans to stop providing public liability cover for the hotel industry from next year in a move…
AmTrust International buys Legal Insurance Management Group
AmTrust International has purchased Legal Insurance Management Group (LIM) for an undisclosed sum. LIM was previously privately owned and the…
Arch Capital buys Barbican
Arch Capital Group has announced the purchase of Barbican Group Holdings, which includes Barbican Managing Agency, Arcus 1856 and Castel…
