Browsing: insurance acquisition

Germany’s Allianz has agreed to purchase French direct insurer Eurofil, expanding its subsidiary Allianz Direct’s presence in France

Major non-life insurers plan to form a management consultative body to acquire MG Insurance contracts amid potential business suspension

Managing general agent FTP Inc. has acquired Coastal Flood Underwriters LLC, bolstering its ability to provide flood insurance across the United States. The move aligns with the company’s strategy to grow its specialty insurance offerings in response to rising flood risks.

German investment group JAB Holding, known for its consumer brand investments, has acquired Prosperity Life, marking its entrance into the US life insurance sector.

Aon’s strategic move to acquire Mitsubishi Chemical’s in-house insurance agency aims to bolster its capabilities in Japan, with a focus on risk and human capital solutions.