All articles by vidhya munnangi

vidhya munnangi

AIG swings to profit in Q2 2025  

AIG’s total net investment income for the quarter reached $1.5bn, a 48% increase.  

Lloyd’s names new chief operating officer 

Stephane Flaquet will be at the helm of the operations function, tasked with delivering services to both the market and Corporation.  

Indian insurance regulator fines Policybazaar for compliance lapses 

The fine is a result of the company’s failure to comply with certain regulatory requirements. 

Climate insurtech company Previsico gets investment from BlueOrchard-managed PE fund 

This is part of a funding round that included participation from Burnt Island Ventures and other existing shareholders. 

WTW teams up with Klarity to enhance life insurance underwriting  

Klarity developed a risk scoring tool that offers individual mortality scores to address limitations in traditional assessments. 

Howden steers US retail broking push with Mike Parrish as CEO 

Mike Parrish, as CEO of Howden US, is tasked with establishing a US retail broking business. 

USI Insurance Services buys Rogers Insurance Centre 

Rogers Insurance Centre has been offering commercial and personal risk insurance programmes.  

United Risk buys WTW’s Verita CSG 

The acquired venture has been rebranded as Verist, with the leadership and workforce remaining in place. 

India’s SBI Life and AU SFB forge bancassurance alliance  

The tie-up will enable distribution of life insurance products, serving financial needs like savings and retirement planning.  

AXA to acquire 51% stake in Italian direct insurer Prima 

Prima operates a proprietary technology platform to distribute its products via various channels and a network of more than 1,500 affiliated agents.