SCOR, Japan Post Insurance Sign MOU on Postal Life Reinsurance Deal
Japan Post Insurance reinsurance plans advance as SCOR signs a non-binding MOU on postal life cession and a new capital vehicle, subject to regulators.
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Insurers
Sompo to Buy US Workers’ Comp Specialist Service Insurance
Sompo’s workers compensation acquisition adds Austin-based Service Insurance Companies to its U.S. specialty book; deal terms are undisclosed.
RGA Deepens Japan Life Reinsurance Push as In-Force Tops $4.3tn
Japan life reinsurance drives RGA's scale as in-force hits $4.3tn and assets reach $164.1bn, with new Sumitomo Life and Anshin Life block deals reported.
Arch Splits Reinsurance CEO Roles Across Bermuda and US
Arch reinsurance leadership splits as William Soares and Jon Schriber become Bermuda and U.S. CEOs, reporting to new global chief Jerome Halgan.
Allianz Partners to Cut Up to 1,800 Travel Insurance Jobs in AI Overhaul
Allianz AI job cuts will hit up to 1,800 travel-insurance and claims roles as Allianz Partners bets on automation and a 2030 revenue-doubling target.
Prudential HCL Health Insurer Becomes India’s Eighth SAHI Licence
Prudential HCL health insurer wins IRDAI approval as India's eighth SAHI, alongside Prudential's separate Bharti Life stake in life insurance.
Helvetia Baloise Merger Completes as Swiss Carriers Fold Into One Insurer
The Helvetia Baloise merger of Swiss insurance carriers is complete: CHF 20bn scale, CHF 350m synergy target, dual FINMA approvals to watch.
War Exclusion Holds: Insurers Escape EUR 580M Nord Stream Claim
Nord Stream war exclusion upheld: London's Commercial Court blocks insurers' EUR 580M sabotage claim, lowering the causation bar for war exclusions.
SiriusPoint Launches Fine Art and Specie Line, Names Aspinall Head
SiriusPoint fine art specie unit debuts with Mark Aspinall as head, marking its second London Market Specialty division launch in just three months.
Allianz Risk Transfer Switzerland: ART AG Quits Liechtenstein for FINMA
Allianz Risk Transfer Switzerland: ART AG converts its Zurich branch into HQ, trading Liechtenstein's EEA passport for direct FINMA oversight.