All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
Australian insurer Steadfast gets $5.4bn offer from Amwins and Dragoneer
Dragoneer is set to take Steadfast’s retail brokerage operations and Amwins its underwriting agency arm.
Willis Re hires Guy Carpenter executive to head global specialties unit
In his new post, Jim Summers will oversee the direction of the business across specialty classes worldwide.
Trucordia takes over assets of Illinois-based Hecht-Stout Insurance
Hecht-Stout is lead by Gregory Gerontes, who has worked in insurance for more than three decades.
Ascot Group names new chief investment officer
Joseph Eppers will be responsible for spearheading the insurer’s worldwide investment approach and managing the investment portfolio.
CyberCube lands first Austrian client
Koban Südvers will use CyberCube’s Broking Manager and Prep Module to assess clients’ cyber risk exposure.
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IGI secures approval to open insurance office in India’s GIFT City
The India unit will operate as a reinsurance branch of International General Insurance Company (UK), IGI’s UK subsidiary.
Tokio Marine eyes overseas growth with Berkshire pact – report
The Berkshire Hathaway deal “opens up other options that we would not be able to do on our own”, Tokio Marine CEO Masahiro Koike said.
Allianz in advanced negotiations to acquire Portugal’s Caravela – report
The Lisbon-based company could be valued at around €150m ($172.78m), according to the report.
Fidelis Partnership forms new Lloyd’s consortium to boost war cover
The launch follows TFP’s recent activity in PVT underwriting, including its handling of risks linked to the Middle East conflict.
PayPay to buy majority stake in T&D Financial Life
The addition of life insurance is intended to extend PayPay’s financial services across different stages of customers’ lives.