All articles by vidhya munnangi
vidhya munnangi
BMS Group finalises purchase of insurance broker Rasher
Gabriel Raya, the former CEO of Rasher, will take on the role of chief growth officer at BMS in Iberia.
Swedish insurer If deploys Guidewire InsuranceSuite
Accenture, associated with the Guidewire PartnerConnect Consulting Global Strategic programme, facilitated delivery of the platform.
Munich Re enters $2.6bn deal for NEXT Insurance buyout
NEXT Insurance will become part of ERGO, Munich Re’s primary insurance business.
L&G finalises £785m pension risk transfer deals
The transaction concerns the Tarmac UK pension scheme, the Tarmac ‘B’ pension scheme and the Anglo UK pension scheme.
Allianz seals preliminary deal with Jio for Indian insurance JV
The proposed collaboration would encompass both health and general insurance sectors.
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Prudential new business profit rises 11% in 2024
On a CER basis, the company’s adjusted operating profit after tax grew by 7% to $2.58bn (£1.99bn) in 2024 from $2.45bn in 2023.
Penn Mutual Life Insurance names new CFO
The transition follows the planned departure of Dave Raszeja, who has worked for more than 20 years at Penn Mutual.
Prudential, HCL’s Vama to set up Indian health insurance JV
Prudential Group will own 70% of the JV and Vama Sundari 30%.
The Doctors Company enters $1.3bn deal to buy ProAssurance
Upon finalisation, ProAssurance’s common stock will be delisted from the NYSE.
Vienna Insurance Group picks 48.82% stake in Phinance
This move grants VIG access to Phinance’s customer and consultant network, helping it to strengthen its foothold in Poland.