All articles by Satarupa Bhowmik
Satarupa Bhowmik
Jensten finalises acquisitions of Melville Burbage, Henry Seymour
The acquisition of the two insurance brokers contributes more than £20m ($25.56m) in gross written premiums (GWP) to the business.
Core Specialty closes purchase of American Surety Company
The deal resulted in the formation of a Surety Division with two initial product lines, bail bonds and commercial surety bonds.
India’s Federal Bank and Tata AIA Life form bancassurance alliance
Federal Bank’s customers will have access to Tata AIA’s diverse portfolio of life insurance solutions.
Miller to acquire Spanish re/insurance broker Bruzon
Bruzon is engaged in structuring and placing direct and reinsurance risks.
Mosaic Insurance and Safe Security team up to launch new cyber facility
The initiative is set to offer up to $25m in capacity on a primary and first-excess basis.
Indian Insurtech CoverSure lands $4m pre-Series A funding
The investment will be used to bolster the company’s development of a consumer-centric insurance engagement platform.
MDS Brazil intends to buy Brazilian broker D’Or Consultoria
Until the acquisition is approved, both companies will continue to operate independently.
AXA, AWS to co-develop B2B risk management platform
The AXA Digital Commercial Platform (DCP) platform will help clients monitor their assets and navigate complex and interconnected risks.
Blue Owl to add $20bn in assets with Kuvare acquistion
Blue Owl will pay $325m in cash and $425m in stock for the deal, with KAM entitled to up to a $250m earnout based on some targets.
Sompo names new CEO for APAC insurance business
Kenneth Reilly takes on the new role from 1 April 2024, while retaining his existing position as Sompo’s Tokyo office head.