All articles by Shubhendu Vimal
Shubhendu Vimal
Swiss Re Q1 net income rises 19% on lower catastrophe losses
Group insurance revenue edged down by 4% to $10.03bn (SFr8.01bn), reflecting lower volumes in P&C reinsurance and the continued wind-down of the iptiQ business.
Allianz to transfer stand-alone cyber insurance business to Coalition
The deal appoints Coalition as Allianz’s exclusive global cyber insurance partner across all commercial segments.
AXA reports 6% rise in Q1 premiums and revenues in “volatile environment”
For the three months ended 31 March 2026, P&C premiums rose by 4% to €21.46bn ($25.26bn).
Howden acquires Cybeta IP assets for US cyber business
Cybeta, established in 2019 by data science specialists with backgrounds in the US DoD and intelligence communities, specialises in predicting and preventing cyberattacks.
Trucordia acquires Paradiso Financial and Insurance Services
Paradiso is headquartered in Stafford Springs, Connecticut, and provides personal and commercial insurance products including auto, home, life, business, and specialty lines.
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Zurich UK appoints Mark McCausland as COO
McCausland joins from Chubb, where he was global head of transformation.
Counterpart raises $50m in Series C round
According to the company, the funding will support broader specialty product offerings through partnerships with wholesale brokers.
Protective Life to acquire Obsidian from Genstar
The acquisition will be carried out through the Protective Life Insurance Company, the group’s main operating subsidiary, and will create a new line of business for the company.
AIG names former Aon executive Eric Andersen as CEO
Andersen succeeds Peter Zaffino, who has moved into the role of executive chair.
Volkswagen FS UK names Wrisk for van insurance
Customers collecting Volkswagen commercial vehicles will be offered up to three days’ complimentary Drive Away insurance.