July 2, 2025

Nationwide Completes $1.25B Deal for Allstate’s Stop-Loss Segment

Insurer Nationwide said it has completed the purchase of Allstate’s Group Health business segment for $1.25 billion. The acquisition was announced in January. Nationwide said the purchase will strengthen and diversify Nationwide Financial’s portfolio, expanding the company’s ability to sell …

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Markets/Coverages: Hiscox Offers Digital Cover for Small Cargo, Stock Throughput Risks

Hiscox, the Bermuda-based global specialist insurer, has launched a new Cargo API (application programming interface)-based solution, available through broker partners for underwriting small cargo and stock throughput risks. Responding to demand for an insurance product to cover the smaller cargo …

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Business Moves: Howden Japan Acquires Holos; Ageas Buys Saga’s Underwriting Biz; BMS Purchases Australian Property Broker; UK’s Direct Line Now Owned by Aviva

Howden Japan Acquires Majority Stake in Retail Broker Holos Howden, the London-based insurance intermediary group, announced it has acquired a majority stake (68.3%) in Holos Holdings Co. Ltd., a leading retail insurance broker headquartered in Kyoto. Founded in 2001 by …

Business Moves: Howden Japan Acquires Holos; Ageas Buys Saga’s Underwriting Biz; BMS Purchases Australian Property Broker; UK’s Direct Line Now Owned by Aviva Read More »