Transamerica News

KKR-Led Funding Round Gives $100 Million to Startup Policygenius

Online insurance startup Policygenius raised $100 million from investors including KKR & Co. and venture capital operations backed by Axa SA, Massachusetts Mutual Life Insurance Co. and Transamerica. The company has annual revenue of $60 million, which is 10 times …

Aegon Sells Transamerica Reinsurance for $1.4B

The bailed-out Dutch insurer Aegon NV says it has agreed to sell the reinsurance business of its Transamerica arm to France’s Scor SE for $1.4 billion in cash and capital. The Hague, Netherlands-based Aegon said it will use the proceeds …