All articles by Shubhendu Vimal
Shubhendu Vimal
Japan Post Insurance, Scor sign MoU on reinsurance vehicle
The MoU covers the cession of underwriting risks under JPI’s postal life insurance policies.
Allianz Partners to cut up to 1,800 jobs as AI adoption accelerates
The workforce reductions will span multiple European countries and are set to be implemented through severance packages, early retirement schemes and other voluntary arrangements.
InsuranceDekho parent selects banks for possible IPO
The banks chosen are HSBC Holdings, Morgan Stanley, ICICI Securities and IIFL Capital Services.
Hub International targets around $3bn in IPO – report
The insurance broker filed confidentially for the listing in late June.
Hagerty to acquire Bennetts in UK motorcycle insurance push
The transaction is due to complete in Q3 of this year, subject to regulatory clearance, and is expected to be accretive to Hagerty’s earnings from completion.
Australia’s QBE completes buyout of Indian JV Raheja QBE
The company said the move is part of its expansion plans in Asia and reflects its view of India as a key market for future growth.
KKR eyes UK and European pension risk transfer tie-ups – report
The US investment firm, which manages more than $700bn in assets, is weighing partnership structures under which it and an insurer would direct capital into investments sourced by KKR.
Carbon Underwriting secures FTV Capital investment
The investment is set to back Carbon’s expansion in delegated authority underwriting, including the scaling of its Graphene data and analytics platform and entry into new markets including the US.
Hub International files confidentially for proposed US IPO
The insurance brokerage did not disclose the timing of the offering, the number of shares or the proposed price range.
Clearwater Analytics taken private in $8.4bn investor-led deal
As part of the agreement, Clearwater shareholders were paid $24.55 a share in cash.