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Allianz Emerges as Frontrunner to Invest in Bancassurance Unit of Spanish Lender BBVA

Oct 1 2019 // German insurer Allianz has emerged as the frontrunner to invest in the bancassurance business of Spanish lender BBVA, two sources close to the deal told Reuters, after Italian rival Generali pulled out of the race.The deal...

Allianz, Generali & Liberty Mutual Vying to Invest in BBVA Bancassurance Arm: Sources

Feb 28 2019 // European insurers Allianz and Generali are vying with U.S. rival Liberty Mutual to invest in the bancassurance business of Spanish lender BBVA, four sources familiar with the matter told Reuters.The sale, led by Bank of...

USI Acquires Personal Risk Business from BBVA Compass in Arizona

May 20 2015 // USI Insurance Services has acquired the personal risk services business of BBVA Compass Insurance Agency Inc. The accounts, homeowner, automobile, umbrella and other recreational policies, will be combined into the USI...

Recession, Libor, Facebook Punish Europe’s Banks

Aug 1 2012 // Leading European banks reported dismal profits on Tuesday, blaming everything from the continent’s debt crisis and Spain’s property market crash to Facebook’s disastrous stock market debut.Within a space...

Business Moves – Southeast

May 7 2012 // AmWINS, New Mountain CapitalWholesale insurance broker AmWINS Group Inc. announced today that its management and employee shareholders have agreed on a $1.3 billion recapitalization with private equity firm New Mountain...

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