HAMILTON, Bermuda–(BUSINESS WIRE)–Global Atlantic Financial Group (“Global Atlantic”), a leading U.S.-focused annuity, life insurance and reinsurance company, today announced the signing of a USD $4.8 billion reinsurance transaction between its Bermuda-based subsidiary Global Atlantic Assurance Limited and AXA China Region Insurance Company Limited and AXA China Region Insurance Company (Bermuda) […]

The Commonwealth Bank is selling its general insurance business. (Photo by Chu Chen/Xinhua via Getty) Australia’s biggest bank has announced it is selling its general insurance business, CommInsure General Insurance, to global insurance giant Hollard in a $625 million deal. The agreement will create a “15-year strategic alliance” with Hollard […]

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