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.