Chubb to Acquire Cigna’s Insurance Business in Asia, Turkey for $5.75 Billion

Former AIG execs form Dellwood Insurance Group

U.S. insurer Chubb Ltd has agreed to buy health insurer Cigna Corp’s life, accident, and supplemental benefits businesses in Asia Pacific and Turkey for $5.75 billion in cash, both insurers said, marking the latest consolidation in Asia’s insurance sector. In a statement issued late on Thursday, Chubb said it will acquire Cigna’s A&H (accident and… Continue reading Chubb to Acquire Cigna’s Insurance Business in Asia, Turkey for $5.75 Billion

Tangram Insurance Services and Costero Brokers Partner with Brit Syndicate at Lloyd’s for Kidnap & Ransom and Personal Accident Cover

Tangram buys reinsurer

Tangram Insurance Services, Inc., a Managing General Agency, and Costero Brokers, Ltd., an independent London broker, today announced a partnership with Brit Syndicate at Lloyds to provide Kidnap & Ransom and Personal Accident coverage through an exclusive facility. The facility is accessible to all Tangram appointed retail brokers in the US, providing up to $50m… Continue reading Tangram Insurance Services and Costero Brokers Partner with Brit Syndicate at Lloyd’s for Kidnap & Ransom and Personal Accident Cover