All articles by Vidhya Edwards Munnangi

Vidhya Edwards Munnangi

wefox garners €151m in funding 

The company raised €76m from existing investors and refinanced €75m credit from Searchlight. 

Tokio Marine subsidiary WorldTrips announces leadership change

Mark Carney, who has served as WorldTrips’ CEO, will take on the role of chairman. 

King Risk Partners purchases Louisiana Insurance 

Louisiana Insurance Services, operating for more than 40 years, provides personal and commercial insurance solutions across Louisiana. 

CRC Group to buy Lloyd’s managing agency Atrium Underwriting  

Atrium Underwriting specialises in writing specialty insurance and reinsurance across property, casualty, and other specialty business groups.  

PRA, FCA and Lloyd’s to speed up agent authorisation 

The PRA and FCA will retain statutory decision-making roles but increase reliance on Lloyd’s assessment work. 

Winged Keel acquires Minnesota-based MBW Group   

MBW Group is known for its expertise in the life insurance industry, catering to wealthy families and business owners.  

Howden partners Lawrence Stephens for crypto theft solution 

The service combines crypto theft insurance with expert legal asset recovery services for clients. 

ZhongAn Online raises HK$3.92bn in post-IPO equity financing 

The placement involved the issuance of 215 million new H shares at a price of HK$18.25 per share. 

White Mountains to buy majority stake in Distinguished Programs 

The transaction involves White Mountains purchasing roughly 50% of Distinguished’s outstanding equity interests for $230m. 

FWD Group debuts on Hong Kong Stock Exchange 

The insurer plans to utilise the net proceeds from the IPO to bolster its capital position and financial flexibility.