Browsing: acquisitions

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.

The Ardonagh Group reported significant financial growth, driven by strategic investments and expansion efforts, including the acquisition of PSC Insurance Group and expansion into new markets.

The London-based insurance broker Ardonagh Group is reportedly close to securing a substantial investment to fuel its growth strategy, sources familiar with the matter have disclosed.

King Risk Partners has acquired Ricky Credille Insurance, a health and life insurance agency serving the Southeast. The deal, announced on March 26, 2025, strengthens King Risk Partners’ national presence.

Innova Capital has acquired the corporate insurance business of Punkta, marking the launch of ISON Group and signaling a strategic push for growth in Central and Eastern Europe (CEE).