All articles by Vidhya Edwards Munnangi

Vidhya Edwards Munnangi

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. 

UK competition regulator clears Aviva’s £3.7bn bid for Direct Line 

CMA determined that the merger does not require a phase-two investigation.  

Hancock Claims Consultants to buy Knight’s Solutions  

Knight’s Solutions provides services including ladder assist, virtual assist, direct inspections, and post-construction services. 

B.P. Marsh raises stake in Pantheon to 39%  

B.P. Marsh has also arranged a £5m revolving loan facility for Pantheon, with £3.5m drawn upon the deal’s completion.  

Symetra to buy Dearborn Group’s life and disability business  

Additionally, Symetra has signed a product distribution agreement with HCSC, the parent company of Dearborn. 

Accelerant files papers to go public in US 

The company intends to list these shares on the New York Stock Exchange under the ticker symbol “ARX.”  

Lockton names new US professional and executive risk leader  

Sarah Downey will be tasked with driving growth to enhance Lockton’s professional and executive risk services globally. 

Hiscox unveils API solution for cargo risks 

The solution will serve the insurance needs of SMBs involved in the transportation and storage of goods. 

K2 Cyber partners Liberty Mutual to offer cyber insurance for SMEs 

Liberty Mutual will provide K2 Cyber with delegated underwriting authority and capacity.