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Arbol launches new MGA in UK to offer climate risks coverage
The MGA will offer climate risks products for agriculture, renewable energy, and construction industries.
Bupa Singapore receives approval to acquire additional stake in Niva Bupa
Upon deal completion, Bupa Singapore’s shareholding in Niva Bupa will increase to nearly 63%.
Verisk introduces new solution to help insurers assess underwriting models
This solution consists of a customisable and scalable methodology and advisory service.
Zurich and Healthcare2U to offer Gap product for medical insurance plans
The product will provide customised solutions to reduce the financial strain of high deductibles on medical insurance plans.
AssuredPartners to acquire commercial insurance broker Romero Group
Romero also has expertise in leisure and sports club businesses.
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Chubb introduces new media insurance product for UK market
The company also rebranded its existing UK Technology Industry Practice as Technology and Media Practice.
Australia’s QBE expands marine insurance offering in Europe
The insurer is now launching marine offerings including Marine Cargo and Fine Art & Specie products in Germany.
Prudential Financial attributable net loss widens to $802m in Q3
The company plans to cut 243 senior positions as part of its cost saving measures.
The Hanover’s net income increases to $8.6m in Q3
Total revenues grew by almost 11% year-on-year to $1.51bn.
AIG attributable net income plummets 26% in Q3
The insurance giant has also completed the $3.3bn sale of Validus Re to RenaissanceRe.