Icen Risk Launches U.S. Operations with $50M Zurich Backing
Icen Risk, a London-based MGA, has launched U.S. operations with $50 million capacity from Zurich, marking a significant cross-border expansion in the insurance sector.
Icen Risk, a London-based MGA, has launched U.S. operations with $50 million capacity from Zurich, marking a significant cross-border expansion in the insurance sector.
DB Insurance acquires U.S. specialty insurer Fortegra for $1.6 billion, marking significant expansion into the U.S. market with enhanced program distribution and auto protection lines.
DB Insurance agrees to acquire U.S. specialty insurer Fortegra from TIPT for $1.65 billion, marking a major M&A transaction in the U.S. insurance sector.
AM Best maintains ratings for Banner Life and William Penn-NY as Legal & General sells U.S. protection business to Meiji Yasuda, highlighting strategic moves in U.S. life insurance and pension risk transfer sectors.
AM Best maintains review status for Banner Life and William Penn credit ratings amid Meiji Yasuda's $2.3B U.S. protection business acquisition, highlighting strong financials and strategic growth.
Arthur J. Gallagher expands into Pacific Northwest by acquiring insurance brokerage Durham & Bates, boosting property/casualty and employee benefits services.
Private equity firm to acquire Nasdaq-listed insurance tech firm Sapiens for $2.5 billion, signaling consolidation and growth in the U.S. insurance software market.
UnitedHealth Group settles with US Justice Department requiring divestiture of 164 home health and hospice facilities in $3.3 billion Amedisys acquisition to maintain market competition and compliance.
WTW appoints senior directors to boost annuity actuarial consulting, M&A advisory, and life insurance product pricing capabilities in its Insurance Consulting & Technology division.
A consortium of insurers and asset managers completed an acquisition targeting the development of the closed life insurance market in Europe, highlighting increased institutional interest in closed book portfolios.