AGF, the French subsidiary of Germany’s Allianz, announced that its AGF MAT unit had purchased the remaining 51 percent of...
International & Reinsurance News
Japan’s Softbank Corp. is reported to be seeking to enter the life insurance market through its Softbank Finance Co. unit,...
Chubb Corp. confirmed that it is in talks with U.K. insurer Hiscox Plc to acquire the remaining 72.3 percent of...
The U.K. ‘s Prudential announced plans to purchase Japan’s Orico Life, a subsidiary of Orient Corp., for 23 billion yen...
London’s Financial Times reports that Swiss Re plans to start a joint venture with a technology company to offer life...
Liberty Mutual announced that its Liberty International unit would purchase Hartford Seguros, The Hartford Financial Services Group’s Spanish subsidiary, for...
Britain’s Daily Telegraph reported that insurance giant CGNU has become disenchanted with is 7 percent holding in French Bank Société...
Sweden’s Skandia Insurance reported record sales for the year 2000 of SKr 197.7 billion ($20.9 billion) from growth in all...
Jean Peyrelevade, the Chairman of French bank Credit Lyonnais, has indicated he will bring a libel action in a French...
Julian James, Head of Lloyd’s worldwide markets, said that while he saw no “major insurance claims” arising from California’s current...