All articles by Vidhya Edwards Munnangi

Vidhya Edwards Munnangi

Allianz profit rises to $2.5bn in Q4 2024 

For FY24, Allianz reported net income attributable to shareholders of €9.9bn ($10.34bn), up 16.3% from 2023.  

Blue Marble unveils reinsurance facility for climate protection 

The facility offers protection against cyclones, drought, excess rainfall, extreme temperatures, hurricanes and storms. 

Liberty Mutual to offload Thailand and Vietnam units to Chubb 

The combined operations reported nearly $275m in net premiums written in 2024. 

Aviva reports $891m profit for FY24 

Group operating profit grew by 20% to £1.7bn ($2.14bn), up from £1.4bn in 2023.  

Proof secures investment from State Farm Ventures 

This investment will support Proof’s efforts to mitigate identity fraud and enhance operational efficiency. 

LexisNexis rolls out AI-driven property survey tool for insurers 

Flyreel for Claims is a consumer-driven survey tool that facilitates the property claims inspection process for homeowners.  

AmTrust Title Insurance hires new underwriting counsel  

Netanel Hershtik has more than seven years of experience in the title insurance and real estate sectors.  

CompScience secures $27.6m in Series B funding round 

The company aims to use the investment to accelerate product innovation, scale operations and expand CompScience’s market reach.  

Westchester names new head for Healthy Paws 

Alex Faynberg, currently division president of CWB, will transition to his new role at Healthy Paws.  

Arthur J. Gallagher buys Case Group 

Case Group is an employee and health benefits brokerage and consulting company.