The acquisition includes Liberty Seguros operations in Ireland, Northern Ireland, Portugal and Spain, which have a focus on personal lines and small commercial insurance business
Discussions are in early stages, but it's understood investment funds and other industry players are interested in a deal which would value Honan at between US$300m-$400m.
Rumors have been swirling that Tokio Marine is considering selling its SEA life businesses and sources report the group is now intensifying its efforts.
New Zealand-head-quartered JAVLN, a cloud-based insurance policy insurtech, has acquired Steadfast Group’s Underwriter Central and Insurance Connect businesses. The deal improves JAVLN’s technical...