Multiline Insurance & Brokers
Ageas SA:Announced on Monday that Towergate, Arista and Ageas signed new strategic partnership which sees Ageas provide capacity for £60 million ($85.45 million) each year for next five years.Deal also sees Ageas providing capacity for Towergate's Holiday Homes portfolio.
Assiteca SpA Internazionale di Brokeraggio Assicurativo signs framework agreement with Green Assicurazioni
Assiteca SpA Internazionale di Brokeraggio Assicurativo:Signs framework agreement with Green Assicurazioni for commercialization of insurance products to cover risk of hail and other natural events.
Eurobrokers SA:Says will use the proceeds from deal to cover part of its liabilities.Says sells 2 properties located in Pilea, Thessaloniki to Piraeus Bank SA for 1.4 million euros.
Enstar Group Ltd:Announces reinsurance and administration transaction with sun life.Says has assumed total net discounted reinsurance reserves and payable balances of about $139.4 million in the transaction.On September 30,through units, co entered into two 100% reinsurance agreements with sun life assurance company of Canada and its U.S. branch.Enstar subsidiary has reinsured all of the run-off workers compensation carve-out and occupational accident business of sun life.
Fubon Financial Holding subsidiary signs claim service contract with Ping An Life Insurance and Fubon Property Insurance
Fubon Financial Holding Co Ltd:Subsidiary Fubon Life Insurance signed a claim service contract with Ping An Life Insurance and Fubon Property Insurance.
Scor SE:Says SCOR Global Life has entered into longevity insurance transaction with Sun Life Assurance Company of Canada (Sun Life).The transaction covers benefits in payment for pensioners who are members of the Bell Canada (BCE Inc) pension plan.The risk of these members living longer is transferred from BCE Inc`s pension scheme to Sun Life and two reinsurers.The associated liabilities are about C$ 5 billion.
Ingenico SA:Said Allianz Hungaria selected Ingenico Mobile Solutions' innovative, integrated and fully managed mPOS.Said Allianz Hungaria to fully equip 800 sales agents of its network with Ingenico mobile payment solutions by end of year.