All articles by Shivam Mishra
Shivam Mishra
Allianz reports 7.1% increase in Q2 2023 operating profit
Net income during the period under review saw an increase of 19% to €2.48bn YoY.
Insurer CNP Cyprus selects Kyndryl for IT modernisation
Kyndryl will develop and build a hybrid cloud environment for CNP Cyprus.
Hannover Re reports 17.8% surge in H1 net income
Reinsurance revenue during the period under review was €12.27bn, a 3.9% increase against the first half of 2022.
Mulberri rolls out new cyber insurance MGA for SMBs
Lloyd’s of London underwrites Mulberri Cyber Insurance, which is carried by Park National Insurance Company.
Greensill files $400m lawsuit against Zurich to recover losses
The bank intends to recover the losses incurred due to risky investments tied to Credit Suisse and Liberty Commodities.
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Inszone Insurance acquires Speck Insurance and Financial Services
The deal is expected to bolster Inszone Insurance’s presence in Texas.
Cyber insurer Resilience raises $100m in Series D funding round
The US-based company plans to use the funding to scale Resilience Solution.
Ondo InsurTech signs distribution deal with PURE Insurance
Under the deal, PURE Insurance will distribute Ondo’s claims prevention tool LeakBot.
PSC Insurance to acquire underwriting agency Ensurance
ENA is engaged in offering professional and financial lines services.
AXA signs deal to acquire Irish company Laya Healthcare
Laya claims to have a 28% market share.