All articles by Satarupa Bhowmik
Satarupa Bhowmik
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.
United Risk launches Thriver for real estate market
Thriver offers alternative security deposit solutions to help renters and property managers save resources and better manage risks.
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Bank of England warns of increasing risks to financial stability
BoE noted that the UK banking system remains “well capitalised”, supported by “strong” asset quality.
Core Specialty finalises purchase of London Aviation Underwriters
LAU joins Core Specialty as its 18th specialty business unit under the Fronted Programs subsegment.
Swiss reinsurer SI Re appoints new CEO
Arnold Löw is recognised for his 20-plus years of reinsurance expertise, primarily through his leadership roles at Swiss Re.
Marsh McLennan to buy McGriff for $7.75bn
The deal, valued at $7.75bn in cash, will be funded using a mix of cash on hand and proceeds from debt funding.
LWCC taps Akur8 to build predictive modelling framework
The collaboration will leverage Akur8’s machine learning (ML)-driven insurance pricing solution.