All articles by vidhya munnangi

vidhya munnangi

Cobalt Specialty deploys ChainThat BPA platform for surety business 

The BPA platform has now been deployed for Cobalt’s Surety business line in Toronto.  

HUB International secures $1.6bn investment at $29bn valuation 

HUB said that its latest valuation is the “largest enterprise value to date” attained by a private insurance broker. 

SiriusPoint names Chris Fenn as new global marine head 

The company also appointed Anthony Grew as head of cargo and Giulia Argano as marine claims adjuster.  

IHC to establish reinsurance platform in partnership with BlackRock 

The platform will leverage AI to enhance its underwriting capabilities, with a focus on aiding growth in the Gulf region and local capital markets. 

CFC introduces simplified intellectual property insurance  

The newly launched policy encompasses coverage for defence and pursuit of infringement, and the loss of IP rights. 

Liberty Mutual Q1 profit tumbles 33.2%  

The company’s revenues for the quarter ended 31 March 2025 remained flat at $12.48bn. 

Monument Re transfers €1.4bn portfolio to RGA 

The portfolio, consisting of annuity and life insurance liabilities, was part of assets acquired during the Greycastle deal.  

IAG announces repositioning of Intermediated Insurance Australia division 

This move aims to enhance underwriting, pricing strategies and claims management for its CGU and WFI Insurance brands. 

bolttech and Sumitomo to launch JV for device protection in Asia 

This collaboration will deliver technology-enabled embedded solutions to distribution partners throughout Asia. 

Optio Group snaps up Custodian Management in UK  

This acquisition is intended to enhance Optio’s PI capabilities and is part of its strategy to create a diversified platform.