Housing Development Finance Corporation (HDFC) is set to reduce its shareholding in general insurance subsidiary HDFC Ergo to below 50% in order to meet regulatory norms. The company entered into…
US-based insurance brokerage firm Arthur J. Gallagher is reportedly in talks to purchase certain assets…
The European Insurance and Occupational Pensions Authority (EIOPA), a financial regulator, has launched a stress test this year. The 2021…
Monument Assurance Belgium (MAB) has agreed to acquire the entire portfolio of local peer Intégrale. The move follows a firm…
US-based digital insurance platform pay-per-mile car insurance company Metromile is set to start accepting insurance premiums in cryptocurrency. The company…
Marsh McLennan’s reinsurance brokering unit Guy Carpenter has launched its Asia Pacific Catastrophe Advisory Group. The unit will provide its…
Westland Insurance Group, a property and casualty insurance broker in Canada, has closed three new acquisitions. The acquisitions include two Alberta-based firms- Hillcrest Insurance and Pinks & Plates Insurance, and…
Guidewire Software, a technology company serving property and casualty (P&C) insurance carriers, has launched a usage-based insurance (UBI) solution. The solution for auto insurers is designed to support the end-to-end…
A former Allianz executive Dogan Kaleli has launched a digital ecosystem for insurance programmes called Stere. The offering is designed to address speed-to-market, capacity sourcing and other challenges faced by…
FINEOS, which offers core systems for life, accident and health insurance, has signed an agreement to acquire US-based insurtech solutions provider Spraoi. According to an Irish Times report, the deal…
Shift Technology, which provides AI-powered decision automation and optimisation solutions for insurers, has secured $220m investment. According to a Reuters report, the fundraising increases its valuation to more than $1bn…
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