All posts in Insurance News

Insurance

Jelf to acquire The Insurance Partnership Holdings

UK consultancy Jelf Group Plc (LON:JLF) said today it had conditionally agreed to take over local general insurance broker The Insurance Partnership Holdings Ltd (TIP) in a cash-and-stock deal. Under the terms of the transaction, which is contingent on approval …

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ING

Dutch bank ING sells stake in South Korean arm KB Life Insurance

Dutch financial services group ING Groep NV (AMS:INGA) on Friday revealed an agreement to dispose of its 49% in South Korean insurance joint venture KB Life Insurance Company

HSBC

HSBC agrees to sell Macau-based general insurance operation to QBE

UK financial group HSBC Holdings Plc (LON:HSBA) on Thursday said it had agreed to dispose of its general insurance operations in Macau to QBE Insurance (International) Limited. HSBC will

HSBC

HSBC sells Singapore insurance unit to AXA Life

UK financial major HSBC Holdings plc (LON:HSBA) said Wednesday that fully-controlled unit HSBC Insurance (Singapore) Pte Ltd had inked an accord to sell its group term life insurance and

financial services

Legal & General takes full control of Cofunds in £131m deal

UK insurance and investment management services group Legal & General Group Plc (LON:LGEN) on Tuesday said it would pay GBP131m (USD199.1m/EUR155m) to buy the 75% not yet owned

Magazines

London-listged publisher Euromoney acquires Insider Publishing

UK group Euromoney Institutional Investor Plc (LON:ERM) said on Tuesday it had bought local insurance and reinsurance information and events business Insider Publishing Ltd for an initial sum

Insurance

Royal London acquires insurance and asset management arm of Co-operative Banking

UK mutual life and pensions company The Royal London Mutual Insurance Society Limited said today it had agreed to buy Co-operative Insurance Society Limited (CIS) and The Co-operative

Senior Driver

No substitute for age and experience, say car insurance companies

Car insurance companies now have only two criteria when it comes to offering their best premiums, age and experience. With the ruling by the European Court of Justice that

RBS

RBS to reduce stake in Direct Line Insurance

UK lender Royal Bank of Scotland Group plc (LON:RBS) has launched an accelerated bookbuilding process, looking to sell 229.4m common shares in the insurer Direct Line Insurance Group

AvivaBuilding

UK insurance group Aviva agrees to sell Russian life and pension arm

UK insurer Aviva plc (LON:AV) on Wednesday said it was disposing of its Russian life and pensions business to local non-state pension fund Blagosostoyanie for EUR35m (USD46m) in

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