Insurance Journal.com is the world’s most widely read P/C insurance website. Its daily newsletter offers breaking international and U.S national and state insurance news, trends, mergers and events.

Insurance Journal.com is the world’s most widely read P/C insurance website. Its daily newsletter offers breaking international and U.S nati...

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Allianz Buys Majority Stake in Jubilee General Insurance Co. of Tanzan...

Allianz Buys Majority Stake in Jubilee General Insurance Co. of Tanzania

Allianz has acquired a 51% stake in Jubilee General Insurance Co. of Tanzania Ltd. from Jubilee Holdings Ltd. (JHL) and the Aga Khan Fund for Economic...

Article / 3 days ago

Starr Insurance Cos. Acquires Thai Non-Life Insurer

Starr Insurance Cos. announced an agreement with FPG Insurance Holdings Ltd. (HK) and local Thai shareholders to purchase FPG Insurance Public Co. Ltd...

Article / 4 days ago

Howden Acquires Singapore-Based AEGIS Insurance Agencies Pte Ltd.

Howden Insurance Brokers (Singapore) Pte Ltd., the international insurance broker and subsidiary of Howden, announced it has acquired the business and...

Article / 10 days ago

Zurich Insurance in Talks to Sell $21 Billion Portfolio to Cinven's Vi...

Zurich Insurance in Talks to Sell $21 Billion Portfolio to Cinven's Viridium: Sources

Zurich Insurance Group AG is in advanced talks to sell a portfolio of German life insurance policies to Cinven's Viridium Group, the latest transaction in...

Article / 10 days ago

Generali Increases Stake in Indian Non-Life Joint Venture

Italy's top insurer Generali said on Friday it had completed the acquisition of a 25% stake in its Indian non-life insurance joint venture, increasing its...

Article / 13 days ago

UK Broker Aston Lark Purchases UKGlobal Broking Group in 50th Acquisit...

UK Broker Aston Lark Purchases UKGlobal Broking Group in 50th Acquisition

Aston Lark, the London-based broker, announced UKGlobal Broking Group as its 50th acquisition since launching in 2018, less than two weeks after...

Article / 19 days ago

Brown & Brown Agrees to Acquire Dublin's Quinlan Insurance

Brown & Brown Inc. announced it has entered an agreement to acquire the general insurance operations of Quinlan Insurance. Financial details of...

Article / 20 days ago

Intact Financial Corp. and Tryg Complete Sale of Codan Denmark to Alm....

Intact Financial Corp. and Tryg Complete Sale of Codan Denmark to Alm. Brand

Intact Financial Corp. and Tryg A/S have completed the sale of Codan Forsikring A/S' Danish business to Alm. Brand A/S, after receiving all required...

Article / 20 days ago

Is AXIS Selling Its Reinsurance Business? Some Say: Where There's Smoke, There's Fire

AXIS Capital Holding's chief executive officer would not comment on reports that the company is looking to sel...

Article / 23 days ago

How Warren Buffett Does a Deal: Alleghany Merger Backstory

Berkshire Hathaway didn't require Alleghany to pay any breakup fee in the event another potential acquirer top...

Article / 1 month ago

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More than 85% of UK finance workers no longer view the office as their main place of work, highlighting t...

Mario Batali Acquittal Underscores Perils of #MeToo Cases

Bill Cosby was released from prison when his conviction that he drugged and assaulted a woman was overtur...

Activist Group Says U.S. Insurers Trying to Weaken Climate-Related Regulati...

A number of businesses within the U.S. insurance sector are trying to weaken or delay emerging climate-re...

4 Things Small Business Can Do to Protect Against Cyberattacks

Since the beginning of the COVID-19 pandemic, small businesses have quickly adopted remote working and tr...

S&P Global Heeds Warnings, Withdraws Proposal for Insurer-Rating Changes

S&P Global Ratings said it is withdrawing a proposal to change the way it assesses risk-based capital ade...

Tesla, Echoing Musk, Says ESG Metrics Are 'Fundamentally Flawed'

Tesla Inc., whose Chief Executive Officer Elon Musk has criticized ESG for making little sense, said curr...

Dubai Aerospace Files Insurance Claims of $1B for Aircraft Stranded in Russ...

The Middle East's biggest plane-leasing firm wrote off half-a-billion dollars for aircraft stranded in Ru...

Insurer Aviva Urges UK Government to Detail How It Will Reach Net Zero Emis...

The British government should practice what it preaches on net-zero emissions, according to insurer Aviva...

QBE Reports 22% Surge in Q1 Premiums, Expects Hit From Ukraine War

Australia's QBE Insurance Group said on Thursday its first-quarter written premiums grew 22% in constant ...

Financial Services Firms Face Losses of $225B From Variety of Water Risks: ...

Financial institutions face losses of at least $225 billion from risks related to water, with a third of ...