Browsing: acquisitions

Japan’s largest property-and-casualty insurer looks to expand globally while seeing room for further growth in the US market

Recent developments in insurance industry mergers and acquisitions, including Nearmap’s acquisition of itel and the merger between Helvetia Holding Ltd. and Baloise Holding Ltd.

Major Japanese life insurers are seeking growth through US acquisitions, driven by a mature domestic market, according to Fitch Ratings.

Trucordia expands its insurance solutions with acquisition of Huffman Insurance, enhancing its presence in Virginia

Houston-based financial services company expands into life insurance market, targeting Latino community

Simplicity Group Holdings has acquired Brokers Edge, a national wholesaler specializing in fixed annuities, fixed indexed annuities, and life insurance.

India’s largest insurer, Life Insurance Corporation of India (LIC), is considering acquiring a stake in a health insurance company before the end of March, according to CEO Siddhartha Mohanty.

Korea Investment Holdings is moving forward with the potential acquisition of BNP Paribas Cardif Life Insurance, with Samjong KPMG selected to perform due diligence. The deal, estimated to be between 100 and 200 billion won, comes as Korea Investment Holdings seeks to expand its portfolio. Cardif Life has reported losses for the past four years.

The Ardonagh Group saw significant income and earnings growth in 2024, driven by strategic investments and acquisitions. A recent investment round led by Stone Point Capital further strengthens the company’s position.

The Ardonagh Group’s CEO attributes the company’s growth to strategic investments and expansion efforts, highlighting a pivotal year of achievements.