Resolution and Allianz have been working with advisers on a deal that could be announced as early as this week pending regulatory approval, the people said, asking not to be identified because the information is private. The transaction would affect roughly $6 billion in liabilities that would be ceded to Resolution Life, which is run by former GE Insurance executive Clive Cowdery, they said.

In other news: Hippo launches Builders Program; handdii wins the 2021 ACORD Insurtech Innovation Challenge New York; Blockchain-backed title insurance launches in five states.

In other news: Cowbell Cyber releases API; Discount Tire, Motorq offer data analytics platform; and Roamly announces new hire and expansion plan.

In other news: Breeze's new hire; Guidewire acquires HazardHub; New York Life partners with Empathy.

In other news: CoreLogic collaborates with One Concern on weather prediction technology and One appoints new CEO.

Under the agreement, Brookfield Reinsurance will pay $190 in cash for each share of American National, the companies said in a statement Monday.

The new company, under the brand name Pattern, will provide embedded insurance across U.S. and Europe markets.

Newly combined company boasts more than 20 clients among the top 25 U.S. insurance companies.

The insurer says the new offering will be distinct from its current SafePilot product.

Insurity's goal in the buy is to expand into the program business.

The inevitable cancellation of the takeover transaction by China Oceanwide means Genworth will be spinning out a portion of its U.S. mortgage insurance business.

Europe’s biggest insurer is discussing its options with potential advisers.

Some early insurtech investors formulating an exit strategy may trigger one or more IPO or acquisitions by insurance carriers.

Entities managed by Blackstone will purchase Allstate Life Insurance Co., the insurer said Tuesday in a statement.

Terms were not disclosed. Employees including Bold Penguin founder Ilya Bodner will remain with the company.

The buy continues Verisk's aggressive M&A strategy.

Tie-up provides machine-learning boost to small-business-focused insurtech.

Zurich’s subsidiary Farmers Group Inc. and Farmers Exchanges, which the insurer manages, will fund the purchase jointly.

The Insuramatch unit offers coverage for auto, home, boat, motorcycle, renters, umbrella and flood, among others.

The employees and select assets of Ireland-based Pramerica Systems change hands.