All articles by vidhya munnangi

vidhya munnangi

Bridgepoint to buy majority stake in German insurer HBC  

Under Bridgepoint’s stewardship, HBC aims to create an integrated platform by merging its commercial broking with MGA functions.  

Tokio Marine announces corporate rebrand of E.design Insurance 

E.design will be renamed Tokio Marine Direct Insurance (TMDI), effective 1 October. 

AXA XL launches cyber assessment services  in North America  

The insurer launched these services in collaboration with Fenix24, which specialises in ransomware response and recovery. 

Angel One, LivWell to form digital life insurance JV in India 

The proposed venture will receive Rs4bn ($46m), with Angel One contributing a 26% stake and LivWell holding the remaining 74%. 

Lloyd’s reinsurer MS Amlin names new CEO  

Christiern Dart, formerly group CUO at Brit, will take over the role from Andrew Carrier. 

American Honda Motor establishes insurance agency 

The new venture will offer insurance coverage for autos, motorcycles, recreational vehicles, homes, and more. 

Santam gets in principle nod for Lloyd’s syndicate  

The planned syndicate, which will carry the name Santam Syndicate 1918, signifies the year the insurer was established. 

Chubb net income soars 33% to $2.97bn in Q2  

Consolidated net premiums written totalled $14.2bn, representing a 6.3% increase, or 7.1% when adjusted for constant currency.  

Brown & Brown (Europe) buys insurance broker Weatherbys Hamilton 

Weatherbys Hamilton is known for its expertise in equine insurance, catering to owners, breeders, trainers and their horses. 

UK’s FCA cites external costs behind motor insurance premium hikes 

The analysis also identified that rising costs of vehicles, labour, car technology complexities and supply chains have inflated premiums.