All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
WTW net income doubles to $1.25bn in Q4 2024
The company reported a net loss of $88m (£70.15m) in 2024, compared with net income of $1.1bn in 2023.
Skyla Insurance Services takes over Policyline Insurance
Policyline owner Geoff Ricks assumes the role of president at Skyla Insurance Services with immediate effect.
King Risk Partners buys Ohio insurance company BBC&K
BBC&K, set up in 1923, has expertise in auto, home and business insurance.
Markel moves to Guidewire Cloud for claims management
The migration was led by PwC, a Guidewire PartnerConnect Consulting Global Strategic member.
IAG’s RACQ underwriting unit pursuit raises competition concerns in Australia
The regulator is assessing the potential effects of the acquisition on pricing and quality of insurance products.
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Aon registers 44% surge in Q4 2024 profit
For the full year, Aon’s net income attributable to shareholders rose by 4% to $2.65bn (£2.14bn) from $2.56bn in 2023.
Crypto insurance provider BDIC launches in Bermuda
The company plans affiliate offices across Switzerland, Hong Kong/Greater China, Canada and South America.
Sri Lanka’s Sampath Bank, Union Assurance reach bancassurance deal
Sampath Bank customers will gain access to Union Assurance’s life insurance solutions, integrated into the bank’s portfolio.
Suncorp finalises sale of Asteron Life to Resolution Life
Asteron Life will retain its brand, continuing to operate as an independent, New Zealand-licensed life insurance entity.
PIB Group boosts Irish presence with John O’Donohue Insurances
The deal bolsters Campion’s North Dublin Hub, with the acquired entity relocating to the Campion office in Swords.