All articles by Satarupa Bhowmik
Satarupa Bhowmik
Specialist Risk Group forays into Australian market
The new business will initially target the entertainment, media and sport sectors.
NFP buys New York employee benefits broker Pilot|RB
The addition of Pilot|RB is said to enhance NFP’s group benefits offerings, mainly in the non-profit segment.
DynaRisk secures funding to advance cyber insurance solutions
The company intends to use the funding to expand its operations across EMEA, North America and Asia-Pacific.
Saudi insurers Buruj and Medgulf enter binding merger agreement
The merger will involve the integration of Buruj into Medgulf, resulting in the transfer of Buruj’s rights, liabilities, assets and contracts to Medgulf.
Bridgehaven Europe to acquire Irish insurer SureStone
SureStone, which entered run-off at the end of 2019, previously specialised in P&C lines.
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AXA XL names new chief underwriting officer for Specialty Americas
Sylvain Bouteillé will spearhead the development and execution of the regional strategy for the Specialty insurance unit.
Aon registers 11% rise in Q2 revenue
For the quarter ended 30 June, the company’s attributable net income rose by 10% to $579m (£431.49m).
Data breach at Allianz Life Insurance affects 1.4 million customers
The breach is limited to Allianz Life’s operations in the US and does not extend to other Allianz corporate entities worldwide.
AXA wins UK court ruling against Santander over PPI claims
The judge confirmed that AXA “has a valid claim for an indemnity” against Santander Insurance Services UK.
Mosaic Insurance unveils new coverage for digital asset sector
The company has collaborated with Native, a specialist broker in digital assets, to support the launch of the new product suite.