All articles by vidhya munnangi

vidhya munnangi

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. 

ZestyAI’s Severe Convective Storm Suite gets approval in five more US states 

This suite is designed to predict the probability and severity of hail, wind and storm claims at an individual property level. 

Allianz, BlackRock and T&D to buy Cinven’s Viridium for €3.5bn 

Viridium will continue to operate as an independent platform under its current management team.  

Talanx net income soars 25% in 2024 

The company’s operating profit stood at €4.9bn ($5.32bn) in 2024, a 60% jump year-on-year.  

Swiss Re offloads full stake in Definity Financial 

The transaction is priced at C$56.20 ($39.25) per share, resulting in total proceeds of approximately C$655m.  

DUAL Personal Lines partners with Homebound Insurance Exchange 

The tie-up will focus on insurance solutions for manufactured homes, dwelling fires and homeowners. 

Liberty Specialty Markets names new head of Nordics 

Daniel Unstad is tasked with managing the “strategic direction” of LSM in the Nordic region and the integration of surety and insurance teams. 

Nearmap unveils AI-powered Portfolio Intelligence solution for insurers 

Portfolio Intelligence leverages aerial imagery to deliver AI-powered risk detections and scores. 

Valon, VIU by HUB collaborate to enhance homeowners insurance  

The tie-up is aimed at easing insurance management for Valon homeowners using simplified renewal processes and support.