Browsing: acquisition

Life Insurance Corporation of India (LIC) is set to announce the acquisition of a stake in a standalone health insurance company before the end of the current fiscal year.

Life Insurance Corporation of India (LIC) is planning to acquire a health insurer to enter the health insurance sector.

Bajaj Finserv will acquire Allianz’s 26% stake in their insurance businesses, ending a long-standing joint venture.

Bajaj Finserv will purchase Allianz SE’s 26% stake in their joint ventures, Bajaj Allianz General Insurance and Bajaj Allianz Life Insurance, concluding a two-decade partnership.

German insurance giant Allianz SE is exiting its Indian insurance joint ventures, selling its stakes in Bajaj Allianz General Insurance and Bajaj Allianz Life Insurance to the Bajaj group.

The Parmer Group has acquired the Zigmund Company, an insurance consulting firm, and moved its operations to Swatara Township.

Aon’s acquisition of Mitsubishi Chemical’s in-house insurance agency business expands its presence in the Japanese market.

Knighthead Insurance Group expands strategic presence in the U.S. reinsurance market with the acquisition of Merit Life Insurance Co. and the introduction of Knighthead Life.

Arthur J. Gallagher & Co. (AJG) announced the acquisition of Dyste Williams, a Minneapolis-based retail insurance agency, bolstering its small business insurance offerings.

Chubb Limited announced agreements to acquire Liberty Mutual’s insurance businesses in Vietnam and Thailand, expanding its presence in the Asia-Pacific region.