All articles by Satarupa Bhowmik
Satarupa Bhowmik
Aviva to acquire vehicle replacement insurance company Optiom
The acquisition is expected boost Aviva Canada’s specialty lines business and distribution capabilities.
Talanx concludes acquisition of Liberty Seguros in Brazil
The German insurer is due to acquire Liberty Mutual’s other companies in Chile, Colombia and Ecuador.
Legal & General agrees to $5.98bn Boots Pension Scheme buy-in
The deal is expected to enable a potential sale of Boots by its owner Walgreens Boots Alliance.
Prima Assicurazioni reportedly looking to divest stake in business
The Italian insurtech start-up, which sells online motor and home insurance policies, could be valued at around €1bn in the deal.
Insurtech startup Companjon partners with Erste Bank Hungary
The partnership will give Erste Bank Hungary’s customers access to Companjon’s AI-powered insurance solutions.
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Everest Insurance makes senior leadership appointments in Asia
Tomi Latva-Kiskola has been named as Asia insurance head and Swee Keong Mah as Everest Insurance Singapore CEO.
Vienna Insurance to raise stake in Hungarian business to 90%
Corvinus will continue to hold the remaining 10% stake in the business.
Akur8, hyperexponential partner to integrate pricing decision capabilities
The move will allow insurers to incorporate Akur8’s calibrated rating factors into pricing models within hyperexponential’s hx Renew.
Sedgwick names new CEO in UK
Gibson will succeed Paul White, who has been serving as Sedgwick UK, New Zealand, Middle East, Africa and Asia CEO.
Indian insurance company LIC Q2 profit drops to $951.4m
Net premium income plummeted by 18.7% to Rs1.07bn from Rs1.32bn a year earlier.