All articles by vidhya munnangi

vidhya munnangi

Marsh McLennan net income surges 7.6% to $1.2bn in Q2 2025  

The insurer’s consolidated revenue for Q2 2025 amounted to $7bn, a 12% increase from Q1 2024.  

IRDAI panel reportedly opposes insurance, non-insurance company mergers 

If the IRDAI adopts the panel’s advice, it could impact ongoing merger plans such as the one between Max Financial Services and Max Life Insurance.  

Hamilton Insurance names new chief information officer 

In his new role, Raymond Karrenbauer will be responsible for overseeing the company’s IT strategy.  

Arthur J. Gallagher purchases Pennsylvania-based Equinox Agency  

Equinox Agency serves the Lehigh Valley area with employee health and benefits consulting services.  

Intersys initiates cyber operations in India to help insurers 

The expansion aims to assist reinsurers and brokers by assessing and pricing cyber risk for organisations. 

Inszone Insurance acquires Stephenson, Baggs & Guthrie 

The acquired company specialises in commercial insurance, with a focus on the oil and gas industry, in addition to its auto, home and benefits portfolio. 

Zurich Canada revamps organisational structure 

The company’s restructuring is part of an initiative to simplify operations and provide more targeted services to its clients. 

Warburg Pincus to buy majority stake in Keystone Agency Partners 

Existing investor Bain Capital will retain a minority stake in the company through a reinvestment. 

Aon bolsters reinsurance team with new executive hires  

The company appointed Alfonso Valera as CEO of International for Reinsurance and Steve Hofmann as CEO of Americas for Reinsurance. 

Trucordia snaps up Vegas Valley Benefit Plans 

Vegas Valley Benefit Plans offers benefits solutions including medical, dental, vision, life and disability insurance.