Global insurance trends

Deals: HDI International Buys Sompo Seguros Retail

HDI International AG, a subsidiary of Talanx Group, is strengthening its operations in its core market Brazil through the acquisition of the retail business of Sompo Seguros S.A. This acquisition enables HDI Seguros S.A. in Brazil to gain scale in motor and […]

Global insurance trends

Global News: Trov Partners With Seguros Sura Brazil

Trov, a global leader and pioneer of on-demand insurance technology, today announced a partnership with Seguros Sura Brazil, one of Latin America’s largest P&C insurers, to be the first to introduce on-demand insurance applications in Brazil. Recent regulatory […]

Business

Allianz BBVA Joint Venture is Good News, Says DBRS Morningstar

Banco Bilbao Vizcaya Argentaria SA and Allianz SE announced on April 27, 2020, that they had reached an agreement to implement a strategic bancassurance partnership. The transaction encompasses the creation of an insurance joint-venture (JV) […]

Global insurance trends

UIB Launches Broker Business in Colombia

International (re)insurance broker UIB has launched a retail broking business in Colombia. The new company, UIB Seguros will be headed by CEO, Yolanda Guerra, reporting directly to Tony Dilley, CEO of parent company, UIB International. Dilley commented: “Colombia […]