Life reinsurance
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The buyout firm has acquired 19.9% of the AIG legacy business.
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The Hannover Re parent reiterates annual group profit forecasts for this year and next.
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The business has a book value of between $4bn and $5bn.
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Lloyd's life syndicates set to dwindle to two amid licensing issues. -
The German investment bank says a Covea/Scor combination "makes no sense".
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Across InsurTech as a whole, 71 companies secured financing in the three months ended June.
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The agreement follows bid interest from Swiss Re.
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AIG and Carlyle aim to make legacy vehicle DSA Re a standalone entity in 12-18 months.
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The US financial services firm brought in the investment bank to sell its individual life unit.
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The business held about $85mn of in-force premiums as of May.
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Uber, Lyft trips come with accidental death and injury cover bought by smartphone.
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Adding the predictive firm will boost PartnerRe’s life and health sector offerings.
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