All articles by Shubhendu Vimal
Shubhendu Vimal
IRDAI approves Allianz Jio Reinsurance and Kiwi General Insurance
The IRDAI granted certificates of registration to the two entities during its 134th board meeting.
VEON subsidiary to acquire controlling stake in TPL Insurance
The company expects the transaction to be completed in mid-2026, subject to regulatory approvals.
CZ Health Insurances selects Sapiens IDITSuite to modernise operations
Sapiens International said its IDITSuite platform will help CZ to streamline and automate processes for both customers and employees.
NFP launches P&C group captive practice following Trinity Risk acquisition
Alan Wise, president of Trinity Risk, will head the practice as a managing director.
Cigna appoints Brian Evanko as next CEO
David M Cordani will retire from the CEO position and move into the role of executive chair of the company’s board.
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Zurich raises SFr3.9bn to support Beazley takeover
The Swiss insurer issued approximately 7.09 million new registered shares, each with a par value of SFr0.10, at SFr550 per share, generating gross proceeds of approximately SFr3.9bn ($4.95bn).
UnitedHealth limits salary increases to 2% during restructuring – report
The limited rises coincide with notifications of layoffs to an unspecified number of staff.
Gallagher acquires German broker KROSE to expand reach
Founded in 1920 and based in Bremen, KROSE provides commercial insurance and reinsurance services to large corporates across Germany.
Relation Insurance Services acquires Thorn Creek Insurance assets
Founded in 2011 by Troy Alexander, Thorn Creek Insurance Services is headquartered in Springfield, Illinois, US.
Zurich Australia to acquire ClearView Wealth for $295m
ClearView is the holding company of ClearView Life Assurance, an Australian life insurer that works with financial advisers.