All articles by vidhya munnangi
vidhya munnangi
Arthur J. Gallagher expands with Dyste Williams and RMA General acquisitions
Dyste Williams will become part of Gallagher Agency Alliance, which falls under the leadership of Jen Tadin, head of Gallagher Select.
UK reinsurance company Flood Re names new CEO
Perry Thomas has been part of Flood Re’s leadership team since October 2021 as a non-executive director and chair of the risk and capital committee.
Cyber insurer Coalition gets $30m equity investment from Mitsui
As a shareholder in Coalition, Japanese insurer MSI can now operate in more markets.
Optio expands marine portfolio with S Insurance purchase
S Insurance, based in Bergen with additional offices in Oslo, is said to complement Optio’s current marine operations.
Admiral supports Flood Re’s Build Back Better scheme
Admiral has backed the Flood Re scheme since its launch in 2016.
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Swiss Re appoints new chief underwriting officer
Kera McDonald has been tasked with enhancing underwriting throughout Swiss Re’s business units.
Unum America to cede LTC and IDI policies to Fortitude Re
Unum America will transfer $3.4bn of individual LTC reserves and approximately $120m of IDI in-force premium to Fortitude Re.
Allianz profit rises to $2.5bn in Q4 2024
For FY24, Allianz reported net income attributable to shareholders of €9.9bn ($10.34bn), up 16.3% from 2023.
Blue Marble unveils reinsurance facility for climate protection
The facility offers protection against cyclones, drought, excess rainfall, extreme temperatures, hurricanes and storms.
Liberty Mutual to offload Thailand and Vietnam units to Chubb
The combined operations reported nearly $275m in net premiums written in 2024.