All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
MIB acquires Clareto from Munich Re Life US
The deal is aimed at enhancing electronic medical data access and advance data analytics for life insurance underwriting.
AIG profit plunges 71% in Q1 2025
The company’s General Insurance segment maintained net premiums written at $4.5bn, flat compared with the prior year quarter.
Insurtech company COVU buys CIII Insurance Services
CIII’s operations will transition to COVU’s “remote-first” framework.
Tokio Marine HCC International names new CEO
The company also promoted Simon Button to the role of CUO.
Beneva transitions core insurance operations to Guidewire cloud platform
Deloitte, a Guidewire PartnerConnect Consulting member, led the implementation of the cloud migration.
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Carbon insurer Artio gains Lloyd’s coverholder status
This designation authorises Artio to write coverage on behalf of the Lloyd’s reinsurance marketplace.
WTW expands trade credit services with CFS International purchase
Set up in 1990, CFS focuses on offering trade credit insurance coverage to global companies.
Chubb, Zurich, National Indemnity unveil excess casualty coverage
This facility will deliver up to $100m in lead excess casualty insurance capacity on a claims-made basis.
Everest Group net income drops to $210m in Q1 2025
The company’s net operating income declined to $276m for Q1 2025 from $709m in Q1 2024.
Markel income plummets in Q1 2025
Operating revenues were $3.4bn in Q1 2025, down 31.4% from $4.47bn in the same period last year.