All articles by Shivam Mishra
Shivam Mishra
Zurich to acquire 70% stake in Kotak Mahindra General Insurance for $670.7m
This move follows the initial announcement in November 2023, which was approved by the Indian competition regulator.
Allianz reports 91.1% jump in Q4 2023 net income
The total business volume for the insurer during the three months increased by 7.8% to €39.6bn ($42.9bn) across all business segments.
AXA reports a 45% increase in 2023 net income
The company’s overall gross written premiums (GWPs) and other revenues also saw a 3% increase, amounting to €102.73bn ($111.23bn) in 2023.
CNO extends technology partnership with Cognizant
Cognizant will integrate cloud and digital technologies, including artificial intelligence (AI), to improve CNO’s offerings.
HUB launches Builder’s Risk Insurance Solutions
The new service targets project owners, general contractors and developers.
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Zurich Insurance business operating profit soars 21% in 2023
Property and casualty (P&C) gross written premiums and policy fees also saw a 7% uptick to $44.4bn (SFr39.15bn) in 2023.
BHSF adopts Sapiens SaaS for digital overhaul
The move is aimed at replacing BHSF’s legacy mainframe application to increase agility.
Voya unveils new supplemental health insurance
The new offering covers more than 13,000 conditions that are classified by the International Classification of Diseases (ICD-10) diagnostic codes.
Insurtech company CLARA Analytics secures funding from Nationwide Ventures
The investment is a continuation of the collaborative relationship between CLARA Analytics and insurer Nationwide.
Cyber insurance startup Resilience acquires BreachQuest
Through the deal, Resilience hopes to improve its incident response mechanisms and support its claims management team.