UAE: Union receives first-time rating from Fitch

Published on October 1, 2024
Fitch Ratings has assigned UAE-based Union Insurance Company a first-time Insurer Financial Strength (IFS) Rating of 'BBB' with a 'Positive' outlook.
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WTW to sell TRANZACT to GTCR & Recognize in $632.4m transaction

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WTW, the global insurance broker, has entered into a definitive agreement to sell its TRANZACT direct-to-consumer insurance distribution business to GTCR, a private equity firm, and Recognize, a technology services investment platform, for $632.4 million, subject to certain adjustments.According to the announcement, the sale is expected to close by the end of 2024, subject to regulatory approvals

UK P&I Club appoints Kyle Lochridge as SVP, Americas

October 1, 2024
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