All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
Allianz 2025 profit increases on P&C growth
The company’s operating profit for the year stood at €17.4bn ($20.55bn), an 8.4% increase over the previous year.
Gains in core segments propel 2025 earnings growth for AXA
The company’s total GWP and other revenues climbed 6% to €116bn ($137.07bn).
Fidamy and ComplyCube advance compliance in insurance tech
The partnership integrates Fidamy’s insurance solution with ComplyCube’s suite of automated compliance tools.
Hiscox 2025 earnings rise on broad-based growth
The insurer’s ICWP increased by 5.9%, reaching $4.9bn, compared to $4.7bn in the prior year.
UK sanctions New Zealand insurer over Russian oil links
The sanctions include freezing company assets as well as disqualifying directors.
Marsh weighs divestment of Asian private client services unit
The insurer is working with an adviser to assess a potential sale as part of efforts to refine its global asset portfolio.
AI-driven insurtech company General Magic secures seed funding
The total funding of the company, which develops AI agents for insurance teams, now stands at $8.4m (C$11.49m).
F&G agrees to divest Bermuda life and annuity reinsurance unit
Once the deal is finalised, Bermuda-based reinsurer F&G Life Re will operate under the name Ancient Re.
UIB adopts CyberCube tools for cyber risk assessment
Under this agreement, UIB will utilise CyberCube’s Broking Manager and Prep Module.
Marsh Risk scales up US digital infrastructure protection
The new Nimbus Casualty facility offers up to $75m in coverage capacity, with a minimum attachment point of $25m.