All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
Africa Specialty Risks enters cyber insurance with digital quote-and-bind policy
The cyber policy is available through ASR 24-7, beginning in South Africa, Namibia and Mauritius.
WTW in discussions to purchase Cushon from NatWest
The acquisition talks have progressed following an auction process that attracted interest from several companies in the sector.
Ariel Re Managing Agency gains Lloyd’s approval for Syndicate 2006
Syndicate 2006 has been formed to underwrite both specialty and property reinsurance lines.
AXA XL appoints new country manager for Italy
Sylvain Eyraud has spent more than 15 years in insurance, holding a range of roles at AXA.
B.P. Marsh & Partners invests in insurance intermediary Sodalis Capital
The transaction involves Alliant Insurance, which is also acquiring a 26.67% shareholding under the same conditions as B.P. Marsh.
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Piraeus Bank concludes $654m acquisition of Ethniki Insurance
Ethniki Insurance operates in Greece, providing services to 1.8 million active customers and €850m ($984.18m) in GWP in 2024.
Aegon evaluates selling operations outside the US
Aegon UK and its 51% stake in a JV with Banco Santander are both under review for possible sale.
Allianz to axe up to 1,800 jobs in travel insurance segment
Most of the affected positions are within call centres as the company moves forward with integrating AI into its processes.
Africa Specialty Risks opens new Syndicate 2454 in South Africa
The new unit’s underwriters will handle both insurance and reinsurance risks across South Africa and neighbouring nations.
Digital insurer Roojai secures $60m from Apis Partners and Asia Partners
The funding will be used to expand activities in Thailand, increase scale in Indonesia and explore further M&A opportunities.