Insurtech company Guidewire to invest $60m in Japanese operations
Japan
MS&AD reportedly plans $5bn investment to boost North American growth
The company expects North American net profits, including Canada and Mexico, to soar 3.5-times to Y166bn ($1.18bn) for the fiscal year ending March 2025.
Fortitude Re seals $4bn reinsurance deal with Taiyo Life
Allianz, BlackRock and T&D to buy Cinven’s Viridium for €3.5bn
Sompo reorganises operations into two global segments
Legal & General agrees to sell US unit to Meiji Yasuda for $2.3bn
Prudential Financial seals reinsurance deal with Prismic Life
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