All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
BT Pension Scheme finalises two longevity swaps of £10bn
The move is aimed at shielding BTPS from the financial impact of increases in the life expectancy of its members.
MS Amlin binds reinsurance scheme for SMEs in Ukraine
MS Amlin has pledged an initial reinsurance capacity of €80m ($86.68m), which may increase to €110m over a five-year period.
Insurity adds OIP Insurtech as system integrator partner
The integration is expected to enhance the efficiency of insurers by accelerating the deployment of Insurity’s solutions.
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.
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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.
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.