All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
WTW profit climbs 27% in Q1 2026
The insurer’s Q1 revenue increased by 8% to $2.41bn (£1.77bn), compared to $2.22bn in the same period last year.
Lockton obtains Saudi reinsurance licence
The new approval allows the company to provide localised facultative and treaty reinsurance services.
Lightstone invests in Heartland parent McDaniel Company
Lightstone plans to assist Heartland in its multi-year guaranteed annuity and fixed indexed annuity operations.
Allstate Q1 profit doubles on lower catastrophe losses
The US-based insurer’s property-liability underwriting income increased to $2.7bn from $360m.
Bharti weighs life insurer stake sale to Prudential – report
Prudential is unlikely to secure full ownership because 360 One, an existing investor, is not expected to sell its stake.
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Ageas pursues top ten ranking in Indian insurance space – report
This forms part of the company’s wider Asian strategy covering nine markets, with the group ranking among the top five in many countries.
UniCredit reports 8.72% Generali holding
In a statement, UniCredit again described the Generali holding as “a financial investment”.
Inszone buys Michigan-based James R. Vozar Insurance Agency
The transaction gives Inszone a broader position in the US Midwest and brings in additional experience in agricultural cover.
Insurers move to cap payouts for AI-related cyber losses and fines – report
QBE and Beazley are among the insurers that have drafted policy wording to place tighter limits on certain AI-related claims.
Beazley shareholders back Zurich’s $10.94bn bid
The deal gives the Swiss insurer a larger presence in specialist lines including cyber, marine, aviation, space and fine art.