All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
Markel’s comprehensive income to shareholders plummets in Q3 2025
In Q3, operating income was $1bn, a 26% decline due to fluctuations in the company’s equity portfolio.
Axonic Insurance secures $210m preferred equity investment
The investment will allow Axonic Insurance to expedite its technology advancements and improve product service offerings.
Swiss insurer Youplus seeks new investors amid solvency ratio drop
Youplus Group has ceased initiating new business operations within several European markets including Germany, Norway, the Czech Republic and Slovakia.
Guidewire to buy P&C knowledge management platform ProNavigator
Upon completion of the acquisition, Guidewire intends to incorporate ProNavigator’s intelligence capabilities into its own platform.
Everest to divest retail commercial insurance renewal rights to AIG
The transaction will see AIG gaining the rights to renew Everest’s US, UK, European and Asia-Pacific Commercial Retail businesses.
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L&G concludes $6.1bn buy-ins with Ford pension schemes
The two buy-ins comprise the Ford Hourly Paid Contributory Pension Fund and the Ford Salaried Contributory Pension Fund.
Sompo, Collinson International launch Sompo Smart Delay in APAC
The service aims to provide travel insurance policyholders with immediate access to airport lounges and experiences during flight delays.
Aon makes executive appointments to EMEA reinsurance business
Andrew Secker has been appointed as the EMEA chief client officer (CCO) and Daniele De Bosini as the EMEA chief broking officer (CBO).
Phoenix seeks partnership with asset manager – report
The UK-based insurer is collaborating with Fenchurch Advisory Partners to seek a partner capable of sourcing high-yield assets.
Old Republic to purchase Everett Cash Mutual Insurance
ECM provides insurance services to small farm owners and commercial agricultural businesses in the US.