All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
Allianz net income drops 2.1% in Q1 2025
The insurer’s operating profit rose by 6.3% to €4.2bn ($4.71bn) in the quarter, up from €3.9bn in Q1 2024.
Pen Underwriting unveils upgraded cyber platform
The platform will be issued as standard with all cyber policies from 1 June 2025, for both new and renewing policyholders.
Magma, Toyota Tsusho team up on car insurance in India
This collaboration will enable Toyota Tsusho to offer Magma’s motor insurance products through its network of 150 dealers.
K.M. Dastur to deploy CyberCube’s Broking Manager platform in India
The deployment will provide K.M. Dastur’s clients with data-driven insights into their cyber exposures.
NFP’s Totalis launches new MGA for entertainment industry
Spotlight is led by Totalis vice-president Alex Baiseri, who reports to Totalis Operations senior vice-president John Mahoney.
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Howden’s DUAL unveils two real estate insurance products
The two products are EER and EIP insurance.
UK competition body opens probe into Aviva’s Direct Line bid
The two insurers agreed on the merger in December last year, with Aviva offering £3.6bn ($2.71bn), or 275 pence per share.
UK financial regulator proposes revisions to insurance rule book
The regulator aims to reduce costs and improve access to insurance, while ensuring “appropriate” protection levels are maintained.
Peugeot Invest to invest $125m in BroadStreet Partners
The transaction forms a key component of the company’s capital reorganisation.
Insurtech company wefox to offload Italian businesses to J.C. Flowers
This transaction is part of wefox’s broader strategy to achieve additional “financial flexibility”.