Insurance companies in 2024: restructuring, new brand and cession

Restructuring / New brands / Cessions

January
Saudi Arabia: Tokio Marine & Nichido Fire Insurance to sell its stake in Arabian Shield United States : Cigna sells its Medicare business
February
Netherlands: Achmea considers selling its life insurance portfolio
March
Bermuda: Saudi Re to sell its stake in Probitas to Aviva Italy: Generali finalizes the sale of TUA Assicurazioni to Allianz Assicurazioni Saudi Arabia: GIG to sell its stake in Buruj
April
United States: Allianz to sell its US MidCorp and Entertainment businesses
May
Algeria: CAAT unveils its new brand identity Tunisia: Al Karama Holding: proposed sale of 66% stake in UPCAR Assurances
June
Bahrain: Alkhaleej Takaful Insurance to sell its stake in Bahrain National Life United Arab Emirates: ASCANA becomes Sukoon Takaful
July
Africa: Saham Re becomes SanlamAllianz Re Asia: SCOR merges its life and health entities in Asia-Pacific Bahrain: Bahrain National Holding to sell its insurance subsidiaries to Solidarity France: CCR Re becomes Arundo Re United States: Allstate to sell its employer voluntary benefits business to The Standard India:
- Indian government sells 6.78% stake in GIC Re
- Kotak Mahindra General Insurance adopts new name Turkey:
- Generali sells its insurance business in Turkey
- NN Group sells its insurance business in Turkey
October
China: AXA rebrands XL Re China as AXA International Re India: Allianz to exit its Indian joint ventures
November
Saudi Arabia: Allianz Saudi Fransi adopts new name Tunisia: AMI Assurances to adopt new name World: Swiss Re to sell iptiQ's European non-life business to Allianz Direct
December
France: SCOR finalizes the sale of Humensis Philippines: Generali to sell its life insurance subsidiary in the Philippines Turkey: Generali completes the sale of its Turkish subsidiary

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AGENDA

Silk Road Insurance Forum

Health Insurance & Insurtech Conference 2026

52nd Conference and Annual General Assembly of the AIO

Africa Insurance & Reinsurance Conference 2026

35th GAIF General Conference

MOST VIEWED

Joint venture between AXA and Barthi Enterprises

Reduction of compulsory insurance tariffs in the country of the rising sun

Axa acquires MBASK insurer

Tokio Marine Holdings to sell its life activities in South-East Asia

Insurance companies in 2024: restructuring, new brand and cession

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LATEST NEWS

AXA Maroc appoints Samya El Kyas as new Head of Marketing and Brand

Al-Etihad Cooperative Insurance: 2025 results

Misr Insurance introduces new health and motor insurance products

GCC Region: War and the insurance market

IATA: 2025 Aviation Safety Report

Swiss Re signs longevity reinsurance deal in the U.S.

Allianz and Sun Life express interest in HSBC’s insurance business in Singapore

7th African Actuarial Congress

FANAF to hold international seminar in Abidjan

Allianz Morocco: 2025 results

Allianz Group makes new appointments

Omani insurance market: turnover increase in 2025

Middle East war: Lebanese insurance sector holds steady despite conflict

Éric Rochereau Kouaghu Tchuisseu, New Secretary General of CIMA

SCOR publishes its 2025 Universal Registration Document