Mercado Pago forays into life insurance in Brazil
Argentina-based MercadoLibre’s fintech unit Mercado Pago has introduced its life insurance service in Brazil, reported Reuters. The e-commerce company plans to leverage its 36 million user…
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Johney Amala
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Amwins SRU forays into transportation sector with Obsidian partnership
Amwins Special Risk Underwriters (SRU) has entered into a new partnership with insurance holding firm Obsidian to expand into…
Berkshire Hathaway to buy insurance firm Alleghany for $11.6bn
US-based Berkshire Hathaway has agreed to acquire insurance company Alleghany in an all-cash transaction valued at around $11.6bn. Under…
Trade credit insurers withdraw from Russia and Ukraine over war tension
Trade credit insurers are withdrawing their support to companies that export to Ukraine and Russia as the war between…
Ukraine conflict could impact FII participation in LIC IPO
Understand the impact of the Ukraine conflict from a cross-sector perspective with the Global Data Executive Briefing: Ukraine Conflict Investment…
AIA offloads A$8bn superannuation and investments arm to Resolution Life
AIA has announced that its Australian subsidiary has signed an agreement to sell its Australian Savings and Investments (S&I)…
BSE EBIX reaches agreement to distribute LIC products
BSE Ebix Insurance Broking has struck an agreement to distribute offerings of Life Insurance Corporation (LIC), including Life and…
Insurtech ennabl lands seed investment to enhance platform
Insurtech ennabl, which connects data silos to help insurance brokers manage clients effectively, has raised $4m in a seed funding…
Socotra ties up with insurance data sourcing innovator Fenris
Socotra has integrated with Fenris Digital’s Personal Lines Prefill Data Solution, as part of its collaboration with the latter.…