All articles by Vidhya Edwards Munnangi

Vidhya Edwards Munnangi

Fairfax fully acquires Brit for $383m 

This transaction increases Fairfax’s ownership interest in specialist insurer Brit to 100% from 86.2%. 

Ageas to buy Saga’s insurance underwriting business 

The partnership is set to become operational in the fourth quarter of 2025 (Q4 2025).  

Allianz withdraws bid for Income Insurance acquisition 

This decision comes after subsequent changes to the Insurance Act by the Singapore Government in October. 

MAPFRE RE debuts $125m catastrophe bond  

The bond was issued through the special purpose vehicle Recoletos Re DAC, with a three-year protection from January 2025 to December 2027. 

Max Life incorporates ‘Axis’ into its brand identity   

The company says there will be no changes to customer service touchpoints or policy benefits, as well as other processes.

Paradiso Risks joins Ryan’s SLE MGU Alive Risk 

Alive Risk now has two divisions: the underwriting division keeps the Paradiso brand, while the new producing division is under the Alive Risk brand. 

AIG announces launch of new reinsurance syndicate at Lloyd’s  

Syndicate 2478 has an approved stamp capacity of $715m for the 2025 year of account.  

Lloyd’s syndicate Ki to operate as stand-alone Fairfax company  

In 2024 alone, Ki wrote more than $1bn (£789.86m) of gross written premium (GWP) through its platform. 

GoAuto taps One Inc to streamline payments 

GoAuto users will now gain access to Apple Pay, Google Pay, PayPal and Venmo, alongside direct payment methods. 

HITRUST joins hands with Lloyd’s to introduce cyber insurance consortium  

The shared risk facility aims to offer insurance coverage and rates to organisations worldwide that hold HITRUST certifications.