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Allianz Life announces partnership with Envestnet

By: Christopher Copper-Ind | 21 Aug 2018

Allianz Life Insurance Company has teamed up with wealth management technology provider Envestnet to make its Allianz Life annuity product range available on the Envestnet Insurance Exchange.…

Bain Capital to acquire UK’s Esure for £1.2bn

By: Christopher Copper-Ind | 20 Aug 2018

Bain Capital, the private equity firm, is to acquire UK-based insurance firm Esure in a transaction worth £1.2bn, it was announced at the end of last week.…

Aegon sells businesses in Czech Republic and Slovakia for €155m

By: Pedro Goncalves | 17 Aug 2018

Aegon has agreed to sell its businesses in Czech Republic and Slovakia for €155m to NN Group. The transaction is consistent with Aegon’s strategic objective to optimize…

Singapore’s life insurance industry sees 20% rise in new business

By: Pedro Goncalves | 13 Aug 2018

The life insurance industry in Singapore reported a 20% on-year increase in new business premiums for the first half of this year to reach a total of…

Cinven to acquire Axa Life Europe in €1.2bn deal

By: Pedro Goncalves | 02 Aug 2018

Private equity firm Cinven has entered into exclusive talks to acquire Dublin-headquartered insurer Axa Life Europe (ALE) in a €1.2bn deal. Axa Life Europe, one of the…

Payments to expats’ pensions and life policies ‘illegal’ via a ‘no deal’ Brexit

By: Gary Robinson | 24 Jul 2018

Payments to pensions and life policies that could affect up to 38 million policyholders across the European Union have been deemed “illegal” in a post Brexit environment…

Allianz Care teams up with Mozambican insurer ICE

By: Pedro Goncalves | 19 Jul 2018

Allianz Care has forged an alliance with Mozambique-based insurance provider ICE Insurance to offer international health-insurance services for expats and locals in the African country. The deal…

AXA acquires majority stake in Emirates Re

By: Christopher Copper-Ind | 18 Jul 2018

AXA Group’s specialist run-off acquirer and manager has acquired a majority stake in local insurer Emirates Re. Emirates Re, an Islamic reinsurer handling Retakaful business operates from…

Expats in Oman to receive health cover

By: Pedro Goncalves | 16 Jul 2018

Companies in Oman will be obligated to provide their staff with health insurance, according to Oman’s Capital Market Authority (CMA). CMA is currently drafting plans to roll…

Aviva exits Spanish life and pensions

By: Gary Robinson | 11 Jul 2018

Aviva plc has announced that it has completed its exit from the Spanish life and pensions marketplace with the sale of of joint venture operations in the region.…

Australia’s CBA accepts fourth fine over pension ‘advice’

By: Gary Robinson | 11 Jul 2018

Commonwealth Bank of Australia (CBA) has announced its fourth Enforceable Undertaking (EU) with the Australian financial watchdog regarding concerns that a number of customers may potentially have received…

Holborn Assets has license reinstated by UAE Insurance Authority

By: Gary Robinson | 10 Jul 2018

Dubai-based Holborn Assets Insurance Brokers has had its UAE Insurance Authority license reinstated after less than a month after it had been suspended for a period of…

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