All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
AIG profit soars to $898m in Q4 2024
For the full year, the company reported a net loss attributable to its common shareholders of $1.42bn.
Amwins restructures international underwriting operations
The move creates three new entities: Unicorn Underwriting, Contour Underwriting and Amwins Amplify.
MAPFRE RE revamps business structure to drive strategic goals
The non-group business will now be structured into two lines: non-life underwriting, headed by Carmen Bueso, and life business, led by Maite González.
EPIC expands private client practice with Chartwell Insurance acquisition
This move will expand EPIC’s position in Chicago and the Midwest region, and its specialised solutions nationwide.
Mereo Insurance forays into reinsurance market
The launch of operations was backed by common equity investment led by Susquehanna Private Equity Investments and the Andover Companies.
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Axonic Insurance adopts Hexure’s FireLight to launch annuity product
According to Hexure, this move will provide AIS’ partners with expedited access to submit annuity applications.
SelectQuote secures $350m from Bain Capital, Morgan Stanley, Newlight
The investment is aimed at recapitalising the company’s balance sheet and reducing annual cash debt service.
SunCar integrates DeepSeek AI to enhance car insurance services
SunCar will use DeepSeek’s algorithms to analyse vehicle and insurance data.
MS Amlin expands in Dubai with new credit and political risk offering
Osama Elshiekh will join the MS Amlin MENA team as senior underwriter for credit and political risk.
Allianz PNB implements DXC’s cloud solution to transform operations
DXC’s Assure Integral solution helps Allianz launch new insurance products 30% faster.