All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
Bupa fined $23.2m for misleading health insurance claims in Australia
The ruling relates to statements made by Bupa between May 2018 and August 2023 regarding members’ entitlements.
Australian watchdog rejects IAG’s purchase of RAC WA insurance business
The ACCC found that the transaction could result in a “substantial lessening of competition” for motor and home insurance in the region.
Swiss Re and RIQ collaborate on AI-driven reinsurance solutions in UAE
The partnership was formalised through an MoU.
WTW to acquire insurance broker Newfront for $1.3bn
The deal aims to strengthen WTW’s position in the US middle market.
Munich Re targets $7.33bn IFRS net profit for 2026
The company’s Ambition 2030 strategy sets a total payout ratio greater than 80% per year and a targeted solvency ratio above 200%.
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Aegon to relocate headquarters and legal domicile to US
The relocation is expected to be completed by 1 January 2028.
Ageas inks $2.3bn deal to acquire remaining stake in AG Insurance
With this transaction, Ageas will hold all shares of AG Insurance, giving it complete ownership.
Swiss Re sets out net income target of $4.5bn in 2026
The financial targets also involve expanding the use of AI to support productivity and decision-making.
Mitsui Sumitomo acquires 12.5% stake in W. R. Berkley
This move follows the Japanese company’s agreements with the Berkley Family, which includes a company and trusts owned by Berkley family members.
Tiptree shareholders approve DB Insurance purchase of Fortegra
Under the agreement signed in September, DB Insurance is buying Fortegra from Tiptree and Warburg Pincus for $1.65bn (Won2.43tn) in cash.