Brookfield reinsurance arm enters $5.1bn agreement to buy American National
Brookfield Asset Management’s reinsurance branch has agreed to acquire multi-product insurance company American National Group for $5.1bn in cash.
Basketball Star Spencer Dinwiddie joins forces with Yieldstreet to make investing more accessible
Yieldstreet, an alternative investment platform which seeks to narrow the income and opportunity gap for retail investors initiated a campaign with NBA star Spencer Dinwiddie with the goal of bridging the wealth creation gap.
Israeli cybersecurity firm SIGA snares $8.1m in Series B round
Operational technology cybersecurity business SIGA OT Solutions has secured funding of $8.1m from a Series B capital raise.
UK-based social bank Kroo inks $24.5m as it plans to launch in early 2022
UK-based social bank Kroo raised £17.7m in Series A funding led by tech entrepreneur and founder of Karlani Capital, Rudy Karsan.
Novidea eyes expanded InsurTech footprint by joining ACORD program
Cloud-based InsurTech Novidea has revealed it has joined the ACORD Solutions Group (ASG) Licensed Integrator Partner program to expand its global presence in the market.
LedgerEdge teams up with Eventus to boost global trade surveillance
Blockchain-based corporate bond trading startup LedgerEdge has selected Eventus Systems for its trade surveillance platform dubbed Validus for all of its markets ahead of its launch.
Santander initiates cash management app roll-out in the UK
Santander has started the roll-out of its CashFlow Manager app for businesses in the UK market.
Japanese Financial Services Agency steps up plans to establish new ESG framework
The Japanese Financial Services Agency (FSA) has revealed it is planning to develop a new framework for the certification of ESG-related products.
Chubb to acquire Cigna’s life and non-life insurance firms in select APAC markets
P&C insurer Chubb has entered a deal to buy the life and non-life insurance companies of Cigma in seven Asia Pacific markets for a total of $5.75bn.
Accounting software provider FreshBooks joins unicorn herd after $130m fresh funding
FreshBooks, a Toronto-based cloud accounting software company focused on SMBs, secured $80.75m in a Series E round of funding, as well as $50m in debt financing.
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