All articles by Shivam Mishra
Shivam Mishra
AXA XL names new chief client & distribution officer for APAC, Europe
Robert Riha will be responsible for leading client and broker engagement, as well as overseeing marketing operations across these territories.
Nippon Life targets global growth through more acquisitions
The news follows Nippon Life’s deal to purchase a 20% stake in Corebridge Financial from American Insurance Group for $3.8bn (Y595bn).
Brown & Brown expands UK presence with new acquisitions
The deals comprise Preston-based Garratts Insurance Brokers and the business and assets of Essex-based BNF Insurance Services.
Dutch insurer Aegon appoints new CFO and issues trading update
Duncan Russell, who joined Aegon in 2020 as chief transformation officer, will assume the new responsibility on 1 September 2024.
AIG to offload 20% stake in Corebridge to Nippon Life in $3.8bn deal
The transaction is part of AIG’s broader strategy to decrease its investment in Corebridge, which offers life insurance and retirement services.
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Swiss Re posts IFRS net income of $1.09bn in Q1 2024
The reinsurer also announced plans to exit the iptiQ business, a digital white-label platform.
Allianz registers 21.8% growth in Q1 profit
During the quarter, Allianz’s total business volume grew by 5.3% to €48.4bn ($52.61bn) due to growth across all business segments.
MAPTYCS partners with Munich Re unit to enhance climate risk management
This collaboration will enable access to Munich Re’s Location Risk Intelligence data through the MAPTYCS platform.
Qover teams up with neobank bunq to offer travel insurance
The new insurance option is available to bunq’s Easy Bank Pro XL subscribers in seven European markets.
Swiss Re partners AI company Cortical.io to enhance digital processes
The collaboration will facilitate the adoption of intelligent document processing (IDP), aiming to optimise policy processing workflows for insurance carriers.