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Sumitomo Life to acquire TGP’s 35.48% stake in Singlife for $1.2bn
Recently, Sumitomo Life also finalised a deal to acquire additional stake in Singlife from Aviva.
Antarctica Capital’s affiliate concludes acquisition of Midwest Holding
Midwest specialises in designing and developing in-demand annuity products.
Ryan Specialty to acquire Castel Underwriting from Arch Financial
This acquisition will expand Ryan Specialty’s managing general underwriting (MGU) portfolio in the UK and Europe.
NormanMax receives Lloyd’s approval for Syndicate 3939 launch
NormanMax Syndicate 3939 is expected to begin underwriting in April 2024.
Bain Capital Insurance invests $200m in GuideOne to launch mutual-focused platform
GuideOne will become the inaugural member of the new platform, known as the Mutual Group.
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Aon to acquire insurance broker NFP for $13.4bn
NFP is engaged in offering property and casualty (P&C) insurance brokerage, benefits and retirement plan advisory, and wealth management services.
AXA France Vie signs reinsurance agreement with AXA Réassurance Vie France
The reinsurance agreement is for an in-force savings portfolio.
Aspen Insurance files for IPO in US
The company’s proposed initial public offering (IPO) is now subject to market and other conditions.
Brown & Brown Europe acquires R McGee Insurance Brokers
The R McGee business will now report to Brown & Brown Retail director and Higos CEO Matt Hartigan.
REVAU acquires Echelon Insurance’s Surety division in Canada
The entire surety underwriting team working under Echelon Insurance has now joined REVAU.