All articles by Satarupa Bhowmik
Satarupa Bhowmik
Zurich first-half profit soars on life business gains
The Life business registered an all-time high business operating profit (BOP) of $1.05bn (SFr1.3bn) in the first half (H1) of 2024, up 12% from $939m in H1 2023.
Continental General taps Sapiens to enhance life and annuities services
Through this collaboration, the insurer aims to scale up its long-term care insurance and third-party administrator services.
ZestyAI introduces AI model to predict non-weather water claims
The new model will assist the insurance industry in setting fair rates and lowering risks with preventative measures.
Talcott seals first reinsurance deal in Japan
Talcott Life Re will reinsure a new annuity product from Dai-ichi Frontier Life, which will continue to administer the policies.
AXA and Trip.com introduce custom travel insurance product
Travel Smart provides three distinct plans: One-way Trip, Round-trip Lite and Round-trip Deluxe.
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Gjensidige Forsikring to offload Baltic subsidiary to Ergo
The deal is projected to result in an accounting loss of around Nkr120m ($10.8m), which will be recognised in the third quarter (Q3) of 2024.
Odie and Insuritas enter pet insurance tie-up
The collaboration will incorporate Odie’s pet insurance offerings into Insuritas’ BUNDLE platform.
Gard to buy Codan’s M&E portfolio in $163m deal
The acquisition will offer Gard a new office in Denmark and add 50 marine and energy (M&E) insurance specialists to its team.
Bermudian insurers BF&M and Argus to combine operations
BF&M shareholders will own approximately 60% of the combined entity, while Argus shareholders will own around 40%.
US insurance company TWFG files for IPO
The insurance company is preparing for a Nasdaq listing, under the symbol ‘TWFG’.