All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
Mapfre Re to licence ICEYE’s flood insights data
The move is aimed at integrating ICEYE’s detailed flood information into its existing event response framework.
Howden buys 68.3% stake in Japanese insurance broker Holos Holdings
Set up in 2001, Holos Holdings has grown to employ over 400 individuals across its 20 locations throughout Japan.
Arch Insurance names new US marine head and EVP
Kaufmann will lead the development of Arch’s US marine product offerings.
Allianz Commercial rolls out CAReS
CAReS is a data-driven tool that enables users to identify potential high-risk areas and project the effects of climate risks.
MMA acquires Excel Insurance
Set up in 2020, Excel offers property/casualty insurance targeting individuals and small businesses in South Florida.
ERGO concludes acquisition of NEXT Insurance
NEXT Insurance specialises in digital insurance solutions tailored for small business owners in the US.
Ardonagh secures $2.5bn equity investment at $14bn valuation
The investment also witnessed participation from co-investors associated with Stone Point, as well as Madison Dearborn Partners and HPS Investment Partners.
Chariot Re debuts with reinsurance deal backed by MetLife and General Atlantic
Chariot Re has undertaken its first roughly $10bn reinsurance transaction with a MetLife subsidiary.
Unum America closes reinsurance transaction with Fortitude Re
The agreement involves Unum America ceding $3.4bn of LTC reserves and nearly $120m of in-force IDI premiums.
Nationwide concludes purchase of Allstate’s employer stop-loss arm
The acquisition is set to enhance Nationwide’s product offerings by expanding its capabilities in selling stop-loss insurance.